Press Release

Aldar Properties launches the Al Bateen Park development and announces a pre-sale of 272 apartments

The successful launch and sales further demonstrates the resilience and strength of the Abu Dhabi property market

Aldar Properties PJSC, Abu Dhabi’s leading property development, management and investment company, today announces the launch of the Al Bateen Park development in the heart of Abu Dhabi.

Located on Khaleej al Arabi Street, the development is comprised of 272 apartments and 75 villas and townhouses. All the 272 apartments, ranging between two to four bedrooms in size, have been sold. The 75 villas and townhouses, with between four and five bedrooms each, are set to be put on the market for sale at a later date.

These villas and townhouses will be fitted to high specifications and are likely to be attractive to growing families seeking a home in the heart of Abu Dhabi. The development will have an Arabesque design and include all relevant amenities including a gym and retail stores.

Aldar Properties PJSC is expected to lead the construction programme generating a number of new jobs for the real estate industry. A date of August 2012 has been set as the anticipated deadline for the completion of the development and handover of keys to new owners.

Mohammed al Mubarak, the Chief Commercial Officer of Aldar Properties, says "We are delighted to be announcing this launch and pre-sale today. This is going to be a great place to live that signals just how strong the underlying market for residential developments is in the heart of Abu Dhabi. We look forward to talking to potential customers about the villas and townhouses which we expect to be hugely popular as well."