Reportage Properties offers 10% discount on units
Reportage's Oasis Residence 1, a project in the city of Masdar in Abu Dhabi, is expected to be delivered during the second quarter of 2021.
Dubai - Offer applicable to projects in Dubai and Abu Dhabi
Real estate developer Reportage Properties has announced an offer of 10 per cent discount on all its projects. The offer ends on September 30.
Islam Ahmed Suleiman, chief operating officer of Reportage Properties, said the offer, coinciding with the recent Cityscape Global in Dubai, is applicable to all the company's projects under construction.
Reportage Properties is developing several leading projects in Abu Dhabi and Dubai that will add thousands of new residential units to the market.
Suleiman said that the company received encouraging response from investors immediately after offering the discount by 10 per cent, pointing to their keenness to provide a variety of innovative and special offers suitable for all categories of buyers, and ensure that investors get rewarding returns on their investments in the real estate sector.
Suleiman said the company recently unveiled the launch of Phase II of the Rukan project in Dubailand, which includes 349 villas, in cooperation with Continental Investment.
He explained that the company will develop Oasis Residence 1, a project in the city of Masdar in Abu Dhabi, which is expected to be delivered during the second quarter of 2021. Construction work is on schedule with a completion of more than 25 per cent. The project provides 612 apartments, including 310 studios, 256 one-bedroom apartments, 44 two-bedroom apartments and two three-bedroom apartments, on an area of 8,371 sqm.
Reportage Properties is also in the process of developing the Oasis Residence 2 project in Masdar City, which will provide 304 residential units and expected to be delivered during the second quarter of 2022. In the pipe also is The Gate project in Masdar City with 420 apartments to be handed in during the second quarter of 2022.
Sulaiman said the company is also developing Al Raha Loft 1 which offers 164 units, including 14 studios, 96 one-bedroom apartments, 31 two-bedroom apartments, 15 three-bedroom apartments and eight 4-room apartments, on a total area of 6,663 square meters. Al Raha Loft 2 also offers 110 residential units, including 22 studios, 52 one-bedroom apartments, 24 two-bedroom apartments and 12 three-bedroom apartments, on an area of 5,364 sqm.
Reportage Properties recently completed the delivery of «Leonardo Residence» residential project in the city of Masdar, which provides 177 apartments, including 122 studios, 48 one-room apartments, 16 two-room apartments and one apartment with three rooms, built on a land area of 4,250 sqm.