The sell-out of Phase One underlined the project’s high quality and location
Developer Q Properties has announced the launch of the second phase of its new luxury apartments at Reem Hills – after all the units in Phase One were sold out in record time, the firm said.
Located in the heart of the capital and billed as the only gated community on Al Reem Island, Phase One of the new residential offering attracted immediate buyer interest; it was the largest on the Abu Dhabi market, set in a highly desirable neighbourhood and featured an extremely competitive price point, the statement explained.
Meanwhile, the newly-launched Phase Two features two new buildings with 300 residential units and consists of spacious one-, two- and three-bedroom apartments, as well as three-bedroom townhouses.
Announcing the launch, Q Properties said all these apartments come with a two years’ service charge waiver, thereby offering an attractive extra benefit for potential customers.
In late November 2022, Ellington Properties said it awarded a US $30.5mn contract for the development of Ellington House and, in late February 2023, Sobha Realty launched Verde by Sobha in Dubai’s JLT district.
All the apartments are said to be designed with absolute comfort and ease of use in mind, with open, closed and combined kitchens and dining, maid’s rooms, en-suite bedrooms, ample storage, dedicated laundry areas, walk-in closets, and large balconies.
On the launch, Q Properties CEO, Ben Hudson, said, “We were delighted at the market’s incredibly positive response to Phase One and are now excited to launch this second phase and anticipate an equally great reaction. It clearly shows the demand out there for spacious, beautifully designed homes in a well-connected yet peaceful community with plenty of green space for everyone to enjoy, while being close to a fantastic retail destination.”
Since Q Properties also believe that a ‘commitment to wellness’ should be at the heart of every design, residents can explore extensive landscaped areas, relax in covered plazas, or enjoy a picnic or barbecue in lush green parks. There are also walkways for strolling, jogging, and cycling, plus outdoor fitness zones and temperature-controlled pools, the statement concluded.
In early April 2023, Dubai saw Q1 sales of 88 homes worth over $10mn.