Aldar launches sale of Penthouse Collection
Abu Dhabi, April 22, 2014
Aldar Properties, Abu Dhabi's leading listed property development company, has launched the sale of 21 exclusive duplex penthouse apartments at Gate Towers, the Penthouse Collection, in Shams Abu Dhabi on Al Reem Island.
One of the most iconic developments in Abu Dhabi, the award-winning Gate Towers stands as the prominent entrance to the Shams Abu Dhabi district of Al Reem Island, which is already a thriving community.
The 21 duplex penthouses, launched for sale at the Cityscape Abu Dhabi, are located in a curved sky-bridge spanning approximately 300 metres across three towers.
Mohammed Al Mubarak, deputy CEO of Aldar Properties, said: “The Penthouse Collection at Gate Towers is another strong example of the type of quality developments that Aldar is delivering to market within mixed-use communities such as Shams Abu Dhabi. Gate Towers is already experiencing significant demand with sales and leasing for the development and we expect to see extremely high demand for this unique sales offering.”
Gurjit Singh, chief development officer added: “The penthouse apartments are a unique investment proposition in Abu Dhabi. Shams Abu Dhabi is in a prime location that benefits from being next to the business district of Al Marayah Island, Repton School, as well as retail amenities such as Boutik Sun and Sky.”
Representing the benchmark of luxurious Abu Dhabi living, the penthouses have been designed to provide well-appointed living spaces that take full advantage of the views of the Arabian Gulf and the Abu Dhabi City skyline. Each features a private indoor pool overlooking the city as well as the finest interior specifications and contemporary interiors. The Gate development also benefits from an array of amenities such as swimming pools, playgrounds, tennis courts and Boutik Gate- a community shopping mall, said a statement.
The wider Shams Abu Dhabi community is coming to life as sub-developers increase their activity and help shape the community. In addition to Aldar’s developments and facilities in Shams Abu Dhabi on Reem Island, there are a total of 98 different sub-developments planned on Shams Abu Dhabi, it said.
Eight of these have been completed, another eight are either already under construction or will commence construction in 2014-2015, and 61 have designs which have either been approved by Aldar or are currently under review, it said. - TradeArabia News Service