Dubai: Reportage Properties, the UAE leading developer has launched a special offer that provides buyers with the opportunity to purchase residential units in all of its projects in Abu Dhabi and Dubai, without down payment, only 1% monthly payment during the implementation period, with the advantage of a 5% discount. Reportage Properties is developing 10 projects that provide about 4,000 housing units within the most prestigious investment sites in Abu Dhabi and Dubai.
The company also recently revealed a new project that will be developed on Yas Island. “We started the year 2021 by making a distinguished offer, which includes (zero down payment, in addition to paying 1% per month during the implementation period, provided that the remaining amount is paid upon handing-over, without any payments during implementation, as well as 5 % Discount,” Islam Ahmad Suleiman, CEO, said.
“That provides ideal opportunities for clients looking forward to buying real estate units nowadays. We have sufficient liquidity and stable financial conditions, enhancing the chances of making attractive offers to buyers, by exempting from the down payment,” he added.
Suleiman noted that the company achieved record sales during the year 2020, which exceeded Dhs812m, with a growth ratio of 125% compared to 2019, despite the challenges related to the repercussions of the spread of the "Covid-19" .This reflected the strength of the company's performance, and its success in offering high quality real estate units. It also proves the attractiveness and the stability of the UAE real estate sector.
Suleiman affirmed that Reportage Properties continues work in all its projects according to the specified time plans, preparing for the completion and delivery of projects on the schedule, which enhances buyers' confidence in the company's projects. Reportage Properties is developing 6 projects in Abu Dhabi, including "Al Raha Lofts 1", providing 178 residential units, and "Al Raha Lofts 2", which adds 124 residential units, within the Al Raha Beach area.
In Masdar City in Abu Dhabi, the "Oasis Residence 1" is being developed to add 612 apartments, while the "Oasis Residence 2" project includes about 304 housing units, as well as the "The Gate" project that adds 463 apartments. On Al Maryah Island, Reportage Properties is developing the “Al Mariah Vista” project, providing 786 housing units.
The company also recently revealed a new project to be developed on Yas Island. In Dubai, Reportage Properties is developing the "Alexis Tower" project in Downtown Jebel Ali, which provides 378 luxury residential units, as well as the "Rakan" tower project, in the "Dubailand" area, which is being developed in cooperation with "Continental Investment". It provides about 488 housing units, “Rakan Lofts 1” includes about 349 residential villas, and “Rakan Lofts 2” provides about 305 villas.
