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Mohammad Al Mubarak, Chief Executive Officer at Aldar said: "Meera offers buyers the chance to own an attractive home in one of Abu Dhabi's most desired destinations, Shams Abu Dhabi. Due to the strong demand for mid-market residential properties in prime locations in the capital, we are expecting high interest in the development from owner-occupiers and investors that are seeking homes and strong return on investment."
Meera features two 26-storey towers overlooking a landscaped park, with 408 one, two or three-bedroom apartments. Prices start from AED 900,000 for one bedroom, AED1,200,000 for two bedroom and AED1,600,000 for three bedroom.
A number of neighbourhood and community amenities complement the buildings, including a canal, parks, a public beach, mosque, schools and hospitals, healthcare facilities, and retail outlets. The development benefits from a fantastic central location, just a short walking distance away from the planned Shams Park, the Shams Marina and the East Shams public beach amenities, and in close proximity to the Gate towers, and Sun and Sky towers.
An MPM market report on the Abu Dhabi Real Estate Market in H1 2015 highlighted a high demand for studio, one and two-bedroom apartments, with smaller residential units providing investors with the highest yields. Buyers and tenants demonstrated significant interest in Al Reem Island due to its location, affordability and net rental yield. In 2016, the area is expected to supply 6.4% of Abu Dhabi's housing supply.
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