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⦁ “I fell in love with this place right away” – testimonial from one of the first families to move in
Abu Dhabi: Abu Dhabi’s most vibrant new residential complex at Azure Al Reem has welcomed its first residents, as the new community takes shape. Reem Island is one of the fastest growing neighbourhoods in Abu Dhabi, with the unique payment options offered by Azure Al Reem’s project developer Al Masaood Developments, proving popular with young people trying to get a foothold on the property ladder.
Salah Al Jneibi is a UAE National who works in the banking sector. Mr Al Jneibi comes from a proud UAE family, whose parents have worked hard to contribute to the nation; his father is in the military and his mother gave many years of service as a teacher before retiring. With a young family, Mr Al Jneibi says the convenience of having a payment plan was handy for his cash flow.
“I am a young family man who was looking at property for the benefit of my family. During my time researching a new property, I couldn’t find competitors who were offering the same kind of payment plan as Azure Al Reem. You have to look for many ways to invest and save; having assets and a place you can call home. I have always wanted to invest in properties but the down payments were difficult. This payment plan was very suitable for me and it is the first step in my end goal to own multiple properties. I can now proudly say I own a property before I hit 30.”
When asked about the features of the property, Mr Al Jneibi said one thing really stood out.
“The view from the balcony; that was all I needed to know, this was an apartment I wanted to have. My wife loves the ocean and water, and was quite excited about it as well when she saw the view from the balcony and windows.”
Azure Al Reem has picturesque 360-degree views of Reem Island, Louvre Abu Dhabi and the surrounding sea.
“The moment I first went there, I saw the location, the supermarket right around the corner, the gym, sauna, pool and electric barbeque area, and of course the view from the balcony. I fell in love with this place right away.”
Real estate advisors Savills are the exclusive agents of the project and have seen great interest in Azure Al Reem’s ‘easy to own’ payment plans, with people able to move in as homeowners on deposits of just AED 50,000 for a one-bed or AED 70,000 for a two-bed.
Ziad Abou Nasr, Director of Al Masaood Developments, commented: “We spent a number of years doing the maths, calculating the ways in which we could offer accessible home ownership with lower deposits. It was important to us as a proud Abu Dhabi company to empower young people and through these low-entry cost schemes it becomes easier for people to enter the property market.”
Katie Burnell, Head of Residential Sales & Leasing for Savills, said: “Developers are looking at ways that will help the UAE’s young generation become homeowners and innovative schemes like the one offered at Azure Al Reem benefits not just the individual buyers, but also Abu Dhabi, by anchoring families in the capital and creating a community of hard-working professionals who commit to the nation and establish roots for the longer term.”
The show apartments are now open to view. Interested parties are advised to book in advance. For further sales information about Azure Al Reem, please visit:
*ENDS*
Background information on how the ‘easy to own’ payment plans work:
About Azure Al Reem
Azure Al Reem is a ready to move in, freehold, waterfront apartment complex on Al Reem Island, Abu Dhabi. Developed by Masaood Developments LLC, Azure Al Reem offers unique payment options including set low deposits of only 50,000aed for a one bedroom, and 70,000aed for a two bedroom apartment, then ongoing highly flexible and affordable instalments. The property has 339 apartments across 29 floors, split into 226 one-bed and 113 two-bed premium apartments with a range of high-end facilities and amenities.
Email – azure@savills.me
Call - +971 544 911 911
Show Apartment Opening Times:
Sunday – Thursday, 9am to 6pm
Saturday, 10am to 5pm
Location: Azure, Shams, Al Reem Island, Abu Dhabi, United Arab Emirates
https://goo.gl/maps/sD1tTmqJ6gaJoLsSA
E-book link: https://azurereem.com/AZURE2v1/index.html
About Masaood Developments LLC
Masaood Developments is a privately owned Abu Dhabi based property developer backed by the affiliate of Al Masaood group of companies’. The group is known as one of the leading trading group of companies with a rich diversity of businesses. As a developer, it plans/ambitions to set a new benchmark for its projects in the capital of the UAE.
Committed to supporting the growth of Abu Dhabi, Masaood Developments will create high quality residential and commercial properties. The company is determined in its mission to offer unparalleled service and to deliver on its promises which will ensure it becomes the developer of choice for investors and homeowners.
For media enquiries about Azure Al Reem, please get in touch with:
TOH Public Relations
Raghad@tohpr.com / +971 4382 8900
Or Jon@tohpr.com / +971 4382 8900
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