Aldar Properties has announced the sell-out of land plots within the second phase of Al Gurm, the luxurious and secluded beachfront community on the south-west side of Abu Dhabi’s main island.
This solid sales performance is the latest indication of the demand for a diverse range of real estate investment opportunities in Abu Dhabi, says the developer.
Available exclusively to UAE nationals, all 71 new plots have been purchased at Al Gurm, which comprises a series of archipelago-style islands over a total of 105,000 sq m, it says.
Each plot will have access to exclusive beaches, with plots ranging in size from 900 to 4,400 sq m, distributed across three distinct areas: The Beach, The Canal, and The Island, the developer states.
On the strong sales, Chief Commercial Officer Rashed Al Omaira says: “We continue to see demand for a wide range of real estate investment opportunities in Abu Dhabi, as evidenced by multiple sell-out launches of turnkey developments on Yas Island and Saadiyat Island in recent months, and now the completion of land plot sales at Al Gurm.
“The luxurious waterfront community at Al Gurm is a unique product in Abu Dhabi. Situated amongst the iconic natural mangroves with direct access to the heart of the city, the plots will introduce our new residents to a living experience that is unrivalled.”
The first phase of Al Gurm was completed in 2010 and construction of the second phase is due to begin in September, he adds.