Aldar Properties, a leading real estate developer in Abu Dhabi, has awarded Dh440 million ($120 million) contracts to National Projects and Construction (NPC) for Nareel Island, its masterplanned island community, and for Al Merief, the distinctive community in Khalifa City.
Set to be carried out over a 16-month period, the work covers infrastructure, utilities and public areas, in addition to associated marina works for Nareel Island, said Aldar.
Nareel Island is a premium high-end plot development located on the coast in Al Bateen, spread over two islands. The development consists of 148 villa plots – with some units offering waterfront access – in addition to a stunning lagoon, marina, clubhouse, open parks, private beaches, pontoons and gardens.
Talal Al Dhiyebi, the chief development officer of Aldar Properties, said: “As one of the most exclusive developments in the region, Nareel Island truly brings a new level of luxury to Abu Dhabi.”
On the other hand, Al Merief combines Emirati traditions with the best modern amenities across its 283 plots.
All concept and preliminary designs as well as the detailed design phase were completed in 2015.
Aldar, he stated, had awarded the earthworks and marine works tender packages in October last year and is currently making steady progress on construction work, with cutting works complete in a number of areas on the main island and revetments nearing completion.
According to him, reclamation work for the lagoon has also commenced, and dredging work on the southern island is complete.
“With the appointment of NPC, we are on track for the completion of both developments in 2017,” he added.
Meanwhile, Aldar said it has continued to make strong progress across its portfolio of residential projects in the emirate. Residential construction activities continue to progress at West Yas, Aldar’s first villa community on the iconic Yas Island, with piling, sewerage, utility, telecommunication and lighting work almost complete.
The main school, to be operated by Aldar Academies, is currently in the process of being handed over. Following an evaluation by Urban Planning Council in May, the project was awarded with a two Pearl rating, confirming its compliance with Estidama goals, said the developer.