Aldar Properties, a leading real estate developer based in Abu Dhabi, UAE, said work on its mid-market development - Shams Meera - is progressing well with the steel reinforcements and foundation work under way, as well as columns and walls for the basement levels.

The Emirati developer is making its presence felt on Al Reem Island through a new time lapse video which displays the project progress with completion set for 2018.

Launched in June 2015, and with over 90 per cent of the units sold, Shams Meera is attracting many new customers not only as investors, but also those wishing to live in affordable units in close proximity to Abu Dhabi’s central business district, said a top official.

"The launch of Shams Meera is an important milestone, as it will be Aldar’s first mid-market development, providing the right world-class product at the right price," remarked Talal Al Dhiyebi, the chief development officer, Aldar Properties.

"We are making good progress on this development, which will add value to Shams Abu Dhabi at Al Reem Island," stated Al Dhiyebi.

"Mid-market and affordable homes represent a significant opportunity for the Emirate, and Shams Meera is showing us that we can succeed in this space," he added.-TradeArabia News Service