Arab Today, arab today aldar properties awards aed 2bn contract to arabtec to build 1017 luxury villas on yas island
Last Updated : GMT 21:53:08
Arab Today, arab today
Arab Today, arab today

Aldar Properties awards AED 2bn contract to Arabtec to build 1017 luxury villas on Yas Island

Arab Today, arab today

Arab Today, arab today Aldar Properties awards AED 2bn contract to Arabtec to build 1017 luxury villas on Yas Island

Arabtec to build
Abu Dhabi - WAM

Aldar Properties said it has awarded a AED 2 billion ($544.5m) contract to Arabtec Construction to build 1,017 villas at its West Yas project.

In a statement to Abu Dhabi Stock Exchange, Aldar said this is the final contract for the West Yas project, where packages for supporting infrastructure, a school, a mosque, and retail units have already been awarded.

Talal Al Dhiyebi, chief development officer at Aldar, said: "We are very pleased with the level of interest that has been shown in West Yas.

"Demand has been very strong, which endorses our strategy of delivering high quality properties in prime locations.

"We now move to the villas’ construction phase of the development with the appointment of Arabtec and look forward to its completion and the positive impact it will have on Yas Island and the Abu Dhabi market."

The West Yas project is located along Yas Island’s natural mangroves and will feature 1,017 four and five-bedroom luxury villas. The development is a non-gated community with no service charges, and will include a range of community facilities, including a mosque built for 2,000 worshippers, two schools – one of which will be operated by Aldar Academies – and a retail centre.

Some of the other facilities offered to residents include a petrol station, extensive landscaping and greenery in open public spaces and sports facilities.

Handover of the villa units is scheduled for the end of 2017.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today aldar properties awards aed 2bn contract to arabtec to build 1017 luxury villas on yas island Arab Today, arab today aldar properties awards aed 2bn contract to arabtec to build 1017 luxury villas on yas island

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today aldar properties awards aed 2bn contract to arabtec to build 1017 luxury villas on yas island Arab Today, arab today aldar properties awards aed 2bn contract to arabtec to build 1017 luxury villas on yas island

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: عقارات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday