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Phase II of Reem Hills properties were sold out in 6 hours
Phase II of the recently unveiled Reem Hills project has been snapped by investors and buyers in six hours, according to a statement by project developer Q Properties.
Q Properties, a subsidiary of Q Holding, said, all the apartments within Phase II of its premium Reem Hills project, got sold out within six hours of its launch.
Located at the heart of the capital and the only gated community on Al Reem Island, Phase 2 features two new buildings with 300 residential units and consists of spacious 1-, 2- and 3-bedroom apartments and 3-bedroom townhouses.
Two major selling points of the apartments were a 2 years’ service charge waiver and the fact that this new residential offering is currently the largest on the Abu Dhabi market in a highly desirable neighborhood – while still sitting at a competitive price point.
“Buyers were also drawn to the light-filled rooms, customizable features, open, closed and combined kitchens and dining, maid’s rooms, en-suite bedrooms, ample storage, dedicated laundry areas, walk-in closets, and large balconies,” it said.
Additionally, the multi-level gardens that seamlessly connect each neighborhood cluster answered the need for closer community ties and access to nature.
Ben Hudson, CEO at Q Properties, said: “After the amazing response to phase 1 we were very optimistic about Phase II – and once again the appeal of this gorgeous development is evident. We’re delighted that our design instincts have been proven right.”
“I believe this is testimony to where the luxury property market is headed; true communities with a sense of wellbeing and space that also offer enviable access to the vibrancy and convenience of city life.”