Abu Dhabi developer says to deliver five projects by 2022
Reportage Properties says it is looking at more projects on Al Maryah Island, Al Reem Island and Yas Island
Reportage Properties, an Abu Dhabi-based real estate developer, has revealed that it is ready to hand over five new projects within two to three years.
The five projects will offer more than 1,600 new housing units for the Abu Dhabi market, said Nasser Al Khamees, CEO of Reportage Group.
Khamees highlighted the company's commitment to complete all its projects as scheduled.
He said that the company would start delivering the units at Oasis Residence 1 project in Masdar City during the first quarter of 2021, where construction is currently 25 percent completed. The project includes 612 apartments.
The company added that about 300 units at the Oasis Residence 2 project in Masdar City will be handed over during the second quarter of 2022.
Reportage will also hand over the units of the Gate project in Masdar City, which will be started soon and provide about 420 units, during the second quarter of 2022.
Khamees also noted that construction work on Al Raha Beach projects are in progress. Al Raha Loft 1 project will offer 164 units while Al Raha Loft 2 includes 110 apartments and handovers are expected to be delivered during the first half of 2021.
He added that the company is interested in studying further investment opportunities in Abu Dhabi, where it is considering developing new projects on Al Maryah Island, Al Reem Island and Yas Island.
The company recently completed the delivery of units in its Leonardo Residence residential project in Masdar City.
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