Aldar Properties, the Abu Dhabi-based property developer, has said that it will start the handovers of plots on Nareel Island and at Al Merief during this quarter of 2018, while adding that it will continue to deliver homes at it Ansam and Al Hadeel developments.
Strong construction progress is also being made across Aldar’s remaining live developments, the company said in a statement. Ansam is the first residential development on Yas Island to be handed over to buyers and marks the establishment of the island’s residential population.
The Emirati developer said that delivery of homes began in December 2017 and will continue throughout this quarter. At Al Raha Beach, handovers of homes at Al Hadeel, the latest addition to that development, also commenced last month, it added.
Meanwhile, Aldar said that the handover of plots on Nareel Island, a high-end plot development located on the coast of Al Bateen, would likely begin in January 2018. These 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, Aldar’s under construction residential developments are on track, with progress at various stages. Interior work is progressing well at West Yas, with certain areas nearing completion. More than 300 villas are in the final fix and testing stage, in preparation for handover to customers. In addition, the school, mosque and retail buildings on the project have been handed over.
At Mayan, the luxury golf and waterfront development, has seen building activities continue as shoring, enabling and reinforcement works continue across the entire project. Yas Acres has villa and townhouse construction well underway in the three precincts launched till date, with work on the main utility networks also progressing across the entire site, Aldar said.
Furthermore, on Reem Island, the company said that main works will commence on The Bridges in the second quarter of 2018, following the completion of enabling and piling works, which are currently well underway. In line with the construction programme, Meera continues to make steady headway, with glazing and façade work nearing completion on both buildings.
Work continues on the expansion of Al Jimi Mall, Aldar’s flagship asset in Al Ain, which is due to complete this year. The expansion is set to add 33,000 sqm of retail, leisure and F&B space, bringing total GLA to 76,000 sqm