UAE-based Reportage Properties has announced the launch of Al Maryah Vista 2, a key residential development featuring 588 apartments on Al Maryah Island in Abu Dhabi, with prices starting from AED329,000 ($89,557).
A 29-floor tower, Al Maryah Vista 2 includes a commercial area, an office area, and covered car park with a capacity of 810 cars in addition to a mosque, a swimming pool, a gym and a children's play area.
The launch comes following the success of Al Maryah Vista 1 project which includes 772 housing units, and extends over a total built-up area of 958,000 sq ft. It is scheduled to be handed out during the first half of 2024.
CEO Islam Ahmed Suleiman said Reportage will soon start construction work on the Al Maryah Vista 2 and is likely to be completed by the fourth quarter of 2025.
Pointing out the distinguished location of Al Maryah Island in the center of Abu Dhabi city, Suleiman said it houses many important facilities and offices, including the Abu Dhabi International Financial Market, Cleveland Clinic Abu Dhabi Hospital, The Galleria Mall, and many new retail outlets, fine restaurants and distinguished hospitality centers.
According to Suleiman, the construction works in all their projects are on schedule and the units will be handed out to buyers on the specified dates.
"We have achieved sales of more than AED892 million since the beginning of 2021 until now, compared to AED424 million during the first seven months of 2020, a growth of 110%," he stated.
"Reportage Properties is developing 12 projects in the UAE, providing more than 5,500 housing units within the most important investment sites in Abu Dhabi and Dubai, in addition to a project that has been completed and handed out in Masdar City in Abu Dhabi," he added.-TradeArabia News Service