Al­dar In­tro­ducesThreNew Res­i­den­tialPro­jects

Ekaruna - - News Round Up -

On April 20th 2015, Al­dar Prop­er­ties launched three ma­jor new residential de­vel­op­ments in prime ar­eas of Abu Dhabi, in­clud­ing in­vest­ment zones where non-UAE na­tion­als can pur­chase prop­erty. Speak­ing to Con­struc­tion Week Online, Mo­ham­mad Al Mubarak, CEO at Al­dar said, “Our three new de­vel­op­ments, West Yas, Mayan and Meera, will en­rich Yas Is­land and Shams Abu Dhabi with high-qual­ity homes to meet de­mand across all seg­ments of the mar­ket.” The devel­oper said it was plan­ning to build a fur­ther 2,000 homes in the UAE cap­i­tal. “The next wave of our de­vel­op­ment plan is well un­der­way, and we are de­lighted to be able to of­fer a fur­ther 2,000 homes to the grow­ing Abu Dhabi mar­ket,” Al Mubarak added. “This ex­cit­ing pipeline of real es­tate de­vel­op­ments is fur­ther tes­ta­ment to our abil­ity to de­liver on our strat­egy of mon­etis­ing our land bank, grow­ing our re­cur­ring rev­enues and de­liv­er­ing value for all of our share­hold­ers.” Talal Al Dhiyebi, chief de­vel­op­ment of­fi­cer of Al­dar, fur­ther com­mented on the sub­ject say­ing, “Abu Dhabi con­tin­ues to see strong de­mand for high-qual­ity residential prod­uct built with the in­fra­struc­ture and ameni­ties that have come to sig­nify com­mu­nity liv­ing.” West Yas will of­fer over 1,000 pre­mium vil­las on Yas Is­land for ex­clu­sive pur­chase by Emi­ratis. Also lo­cated on Yas Is­land, the Mayan beach­front de­vel­op­ment will of­fer a mix of over 700 stu­dios, one, two, three and four bed­room apart­ments, as well as town­houses, vil­las and pent­houses.

Meera, lo­cated on Shams Abu Dhabi will of­fer over 400 fam­ily homes.

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