Aldar continues work on Reem Island projects


June 28, 2017 | By RetailME Bureau

Abu Dhabi-based master developer continues to focus on lifestyle-driven amenities and residential development projects which are propelling its master planned community on Reem Island.

The successful flooding and opening of the 2.4km Reem Island canal now flows alongside 35 plots within Aldar’s master planned community, bringing waterside views, promenades, seating and areas for exercise and socialising to the island’s steadily growing population, as well as visitors from other parts of the city.

Further adding to the modern lifestyle on Reem Island, the beach near the head of the canal is expected to become home to many community events following the success of Aldar’s inaugural Reem Weekend.  Over 5,000 visitors enjoyed a weekend that included organic food vendors and food trucks, street performances, live art, sports and children’s activities as well as a pop-up market.

Reinventing the park experience in Abu Dhabi, Reem Central Park is set to become a focal point for the city when it opens to the public in 2018. The park will feature a 2,000 worshipper mosque with a tranquil, reflective pool, F&B outlets, a retail centre, a skate park, play areas and interactive water features. Reem Central Park’s attractions and amenities will also lead to a natural waterfront, including a 4km promenade that will feature edutainment opportunities on the area’s natural reserves and plant life. Construction is underway with streetscaping complete and the coastalscape nearing completion, with hard and soft landscaping and infrastructure expected to commence in July.

The Bridges project has received encouraging support by the diverse buyer base. Meera, Aldar’s first mid-market development on Reem Island, is making rapid progress. Besides, construction of the Vida Hotels and Resorts project is scheduled to start this year for completion in 2020. Accompanying these are Aldar’s 329 marina residences within the development, which will add to the 5,000 homes already within its leased residential portfolio.

Ensuring that residents and visitors can find and enjoy unique experiences, Aldar’s Shams Boutik is home to Reem Island’s only Nando’s, Starbucks and Johnny Rockets outlets, as well as leading supermarket Waitrose and children’s activity centre Action Zone. A Burjeel Day Care Centre will open in Shams Boutik in August this year.

“Our master-planned community on Reem Island is developing at a rapid pace, spurred on by modern lifestyle and community focused amenities such as the canal, Reem Central Park, Vida Hotel and Residences, inspiring event spaces and of course our mid-market residential projects Meera and The Bridges. In addition to being incredibly attractive for owner occupiers, Reem Island continues to capture the attention of investors. With well over 60% of the plots in our master plan currently in various stages of design and construction, and the balance earmarked for future development opportunities by us as well as third parties,” says Mohamed Khalifa Al Mubarak, CEO, Aldar Properties PJSC.

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