Business Bureau, Gulf Today
Reportage Properties is going ahead on fast track with its projects in Abu Dhabi, mainly in Masdar City and Al Raha Beach. “The company recently completed the delivery of the units at “Leonardo Residence” in Masdar City, which offers 177 apartments, including 122 studios, 48 one-room apartments, 16 two-bedroom apartments and one 3-bedroom apartment, and covers a land area of 4250 square meters”, said Islam Ahmad Sulaiman, CEO for operations. He said that the project was sold and fully occupied.
Sulaiman conveyed that the company is also in the process of developing “Al Waha Residence” project in Masdar City, where the construction works are on schedule and the delivery of the units will start during the second quarter of 2021. The project offers 612 apartments, including 310 studios, 256 one -room, 44 two-room apartments and only two 3-room apartments, covering an area of 8371 square meters.
Sulaiman added that the company’s projects in Masdar City include “The GATE” (under study), which will provide about 420 apartments. There is also another project in Masdar City being under study. He also said that “Reportage” is interested in the starting another project in Masdar City which is one of the most important investment areas in Abu Dhabi.
Sulaiman said that the construction of their project in Al Raha Beach is in progress. The company is developing “AL RAHA LOFTS 1” which provides 164 units, including 14 studios, 96 one-room apartments, 31 two-room apartments and 8 3 and 4 room apartments , covering an area of 6663 square meters. There is also “AL RAHA LOFTS 2” ,with a total of 110 apartments, including 22 studios, 52 one-room apartments, 24 two-room apartments and 12 three-room apartments, Covering an area of 5364 square meters.
The construction works at “AL RAHA LOFTS 1” and “AL RAHA LOFTS 2” exceed 20%, and are expected to be delivered during the first half of 2021.