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English news

25-Mar-2018

Aldar launches sales for new AED440mn development on Reem Island

Aldar Properties (Aldar) has announced the launch of sales for Reflection, a new AED440mn (USD120mn) residential development on Reem Island, with prices starting from AED580,000, according to local news. Reflection consists of two towers offering a total of 374 apartments (182 and 192 in each), including studios, one-, two-, and three-bedroom units. 
 
Aldar Properties (AD): AED2.24 as of 22 Mar. 2018, Rating: Buy, TP: AED2.81/share, MCap: USD4,799mn, ALDAR UH/ALDR.AD
 

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