Aldar projects ‘progressing in line with expectation’


Aldar Properties said on Wednesday that all its projects are “progressing in line with expectation.”

On Yas Island where the Abu Dhabi-listed developer is working on an apartment development called Ansam, internal block work is now complete across all buildings, with external block work progressing steadily. Interior work is progressing well, and nearing completion in certain areas, with mechanical, electrical, and plumbing installations also ongoing.

At West Yas, infrastructure work is nearing completion, with villa construction underway. Amenities in the development such as the mosque, retail centre, and recreation club are due for completion by the end of 2016. West Yas Academy, operated by Aldar Academies, has been operational since August.

Meanwhile on Yas Acres, which has seen strong sales to date, tendering for the early works package is underway, with award and mobilisation expected to take place by the end of the year. The main contractor is expected to be appointed by mid-2017. Enabling works for Mayan, another project on Yas Island, will soon commence, Aldar said in a statement.

Elsewhere, construction teams are now mobilised on both Nareel Island and Al Merief after the award of main contract packages over the course of the summer.



Source: Staff Report, GN


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