Aldar Properties has announced that it is making steady progress on its projects across key destinations in Abu Dhabi, with Dh1 billion worth of contracts awarded to Tristar and Fibrex.
Work on infrastructure in Alreeman, a master-planned residential and commercial investment zone in the Alshamkha which was launched earlier this year, commenced in July, following the appointment of Tristar Engineering & Construction as the main contractor. With a contract value of Dh794 million, the handover of the work on the 2.8 million square metres development is expected by July 2021.
Steady progress is also being made across all of Aldar’s developments on Yas Island. At Yas Acres, the flagship golf and waterfront villa and townhouse development, all 652 launched villas and townhouses are at various stages of completion. With the structure completed for all villas, infrastructure works will continue to make significant progress with the advancement of the golf course earthworks, roads and hardscape. Structural works at Water’s Edge are progressing across all 13 buildings with floor slabs being cast at various levels and blockwork making steady progress. Concrete works are complete across the entire Mayan project, Aldar’s luxury apartment development, with blockwork also nearing completion and plasterworks, floor and wall tiling, and ceiling works progressing across all buildings.
On Saadiyat Island, construction is substantially complete at Mamsha Al Saadiyat with finishing works underway and the conveying system entering final stages of installation. Jawaher Saadiyat, the island’s exclusive gated community of villas and townhouses, is also making good progress ahead of handovers this year.
On Reem Island, work on the Bridges, a six building, 1,272 home development, is progressing well. Concrete works in phase one (buildings 1-3) were completed in February 2019 and the buildings are moving closer to the “closing the envelope” stage, allowing for the finalisation of finishing works. As for phase two (buildings 4-6), superstructure works are moving closer to completion and the project’s expected completion date is on schedule. The main contract of Dh220 million worth of construction work at Reflection was awarded to Fibrex Construction Group in April, to be completed over a period of 24 months.
At Alghadeer, Aldar’s sustainability focused masterplan, excavation works are now almost complete, with foundations, water proofing, and binding making good progress. Situated close to the border of Abu Dhabi and Dubai, Alghadeer is features over 14,000 high-quality homes, commercial properties, cultural and institutional amenities and entertainment attractions to be built over the coming 15 years.
