01 May 2017
Aldar Properties’ seven key projects are making steady progress, as Yas Island’s Ansam and Al Raha Beach’s Al Hadeel enter into the final stages of development ahead of handover in September.
Ansam, located on the west side of Yas Island, is nearing completion with facade glazing and internal fit-out, ahead of handover this year.
The Abu Dhabi developer has awarded a main package worth Dh500 million ($136 million) for Mayan, a luxury golf and waterfront development on the island, including the construction of five 11-storey buildings comprising 512 units.
West Yas, Aldar’s first villa community on Yas Island, and Yas Acres, the flagship golf and waterfront villa and townhouse development, continue to make headway.
Aldar is currently evaluating tenders for Yas Acres’ main contractor, which will be awarded in the second quarter.
Construction also continues on Reem Island, as Meera, Aldar’s first mid-market development, makes steady headway with basement blockwork and casting for the second floor slabs now complete. Testing for the closed canal is now largely complete along with landscaping work as it prepares for flooding later this month (May).
Another addition to Al Raha Beach, the sold-out Al Hadeel development, is in the final stages ahead of its scheduled handover this year.
Elsewhere, road construction is set to commence for Nareel Island and Al Merief in Khalifa City.
In Al Ain, work is now well under way on expanding the Al Jimi Mall with a new West Wing, which will add 51 new units over three levels, according to the developer.