Aldar Properties on Monday announced the launch of its new AED2bn development, Al Reeman, located in the Al Shamkha area of Abu Dhabi. With investment zone status, and located near to the Abu Dhabi International Airport, the mid-market, mixed-use development offers residential and commercial land plots available for purchase by all nationalities. Al Reeman area is spread over an area of 2.8 million square metres with 786 villa plots and 220 commercial plots. A key feature of the project is the purchaser’s ability to design their villa or apartment building according to their exact specifications within the approved GFA (ground floor area) limits. Sales of the plots will start on January 19 at Aldar’s sales centre on Yas Island, with prices starting from AED690,000 for villa plots and AED4.69mn for commercial plots, Aldar said in a statement. Construction is expected to commence in 2019 with infrastructure enabled land targeted for handover to customers in 2021.