Wednesday 12 December 2018

Aldar readies new Abu Dhabi projects for handover

ABU DHABI, January 10, 2018

Aldar Properties, a leading property developer in Abu Dhabi, UAE, said it will continue to deliver homes at its Ansam and Al Hadeel developments as well as start handover of plots on Nareel Island and at Al Merief this quarter. 
Construction also continues to make strong progress across Aldar’s remaining live developments, said the statement from the company.  
Ansam is the first residential development on Yas Island to be handed over to residents and marks the establishment of the island’s residential population. The Emirati developer said delivery of homes to customers at Ansam began in December and will continue throughout this quarter.
At Al Raha Beach, handover of homes at Al Hadeel, the latest addition to Al Raha Beach, also commenced last month, it added. 
Aldar said the handover of plots on Nareel Island, a premium high-end plot development located on the coast of Al Bateen, is likely to begin this month. 
The plots are complemented by first-class amenities and private beaches. Plots at Al Merief, a residential community specifically designed for UAE nationals in Khalifa City, will also be handed over this quarter, it added. 
On Yas Island, Abu Dhabi’s most exciting destination, Aldar’s under-construction residential developments are on track at various stages. 
At West Yas, interior work is progressing well, and nearing completion in certain areas, with over 300 villas under the final fix and testing stage, in preparation for handover to customers.  In addition, the school, mosque and retail building have been handed over, said the Emirati developer.
At Mayan, Aldar’s luxury golf and waterfront apartment development, building activity continues as shoring, enabling and reinforcement works continue across the entire project. 
At Yas Acres, villa and townhouse construction is well under way in the three precincts launched to date, with work on the main utility networks progressing across the entire site, said the company. 
Aldar pointed out that on Reem Island, the main works will begin at The Bridges in early second quarter following the completion of the enabling and piling works which are well under way. 
In line with the construction programme, Meera continues to make steady headway, with glazing and façade work nearing completion on both buildings, it stated.  
Work continues on the expansion of Al Jimi Mall, Aldar’s flagship asset in Al Ain, which is due for completion this year. The expansion is set to add 33,000 sq m of retail, leisure and F&B (food and beverage) space, bringing the total gross leasable area to 76,000 sq m, it added.-TradeArabia News Service

Tags: UAE | abu dhabi | Aldar | Al Raha Beach | residential |

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