Reportage Properties to hand over five projects in Abu Dhabi by 2022
Developer's expected handovers include Oasis Residence 1 and 2, Gate, and Al Raha Loft 1 and 2 projects
Abu Dhabi based real-estate developer Reportage Properties announced it was ready to hand over five projects within the next two to three years, with chief executive officer, Nasser Al Khamees, revealing that the developments would add 1,600 housing units in Abu Dhabi.
Khamees said Reportage Properties would start delivering the units at the Oasis Residence 1 project, construction on which is 25% complete, in Q1 2020.
Oasis Residence 1 includes 612 apartments and is located in Masdar City.
According to Construction Week's sister title Arabian Business, 300 units of Oasis Residence 2 and 420 units of Reportage Properties' The Gate project in Masdar City will be handed over in 2022.
Khamees said construction was also progressing on the 164-home Al Raha Loft 1 and 110-unit Al Raha Loft 2, with their deliveries expected in H1 2021.
Reportage Properties will reportedly seek additional investments in Abu Dhabi, particularly on Al Maryah Island, Al Reem Island, and Yas Island.