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#Aldar General News

October 22, 2017

Aldar to Deliver Ansam and Al Hadeel Homes to Customers This December


Abu Dhabi - UAE, October 22, 2017: Aldar Properties PJSC, Abu Dhabi's leading listed property development, investment and management company, continues to make steady progress across its destinations. On the west side of Yas Island, Abu Dhabi's most exciting destination, Aldar is preparing to hand over the Andalusian-style apartment development Ansam to customers during December. External work is complete with landscaping due to commence this month while internal final fit outs are nearing completion. Also nearing completion is Al Hadeel, located on Al Raha Beach and featuring apartments, townhouses and duplexes, which will also commence hand overs to customers in December. Façade work is now complete and final fit out and landscaping are entering final stages of completion. Located on the coast adjacent to Al Bateen, Nareel Island is making steady headway as it moves closer to handover. Infrastructure works are progressing well with road works well advanced and nearing completion.


Similarly, Al Merief in Khalifa City, also being readied for handover, is moving forward with infrastructure work and roadworks at various stages of completion. On Reem Island, the main contract has been awarded for The Bridges, a six-building, 1,272-home development that launched in April 2016 and sold out within three weeks. Piling works will commence this month. Also on Reem Island, Meera continues to make rapid progress. Construction work continues as per the schedule, with the superstructure complete for both buildings, and cladding work well underway. Elsewhere on Yas Island, at Yas Acres, the flagship golf and waterfront villa and townhouse development on the island's northern shores, villa construction is underway on all 652 launched villas and townhouses. Construction has also commenced for the services supporting the main roads within the development. Meanwhile, the majority of villas at West Yas, Aldar's first villa community on Yas Island, are structurally complete across the whole site with remaining construction and various works progressing as per schedule.


Over 300 villas are in the final fix stage ahead of being handed over to customers. At Mayan, the company's luxury golf and waterfront apartment development set alongside Yas Links Golf Club and the exclusive Yas Beach, foundation works are now complete, and the main contractor has commenced with construction. Cranes are on-site as work on the substructure continues. In Al Ain, the expansion of Al Jimi Mall, one of Aldar's key assets in Al Ain, expansion work continues to make headway. In the West Extension, column work for the ground floor is almost complete and MEP works are underway, while in the North side retail park, foundation casting has commenced. Ceiling works in the food court and main atrium are now nearing completion, with strong progress being made on the eastern façade and southern car park landscaping. Due for completion during 2018, the expansion will add another 33,000 sqm of retail, leisure and F&B spaces.