- Broker Directory
- My Tools
- News & Advice
- Market Trends
- Other GN Sites
The Tourism Development and Investment Company (TDIC), master developer of major tourism, cultural and residential destinations in Abu Dhabi, announced that it has awarded the main construction contract for Jawaher Saadiyat to Al Jaber Building, following a competitive tendering process.
The contract is valued at Dh370 million and the project is on a 24-month delivery from mobilisation on site, the company said in a statement.
Located within the Saadiyat Beach District, Jawaher Saadiyat will feature 83 exclusive units comprising 4 to 6 bedroom villas and 4-bedroom town house. according to TDIC.
The villas’ built-up area ranges from 636 to 1,268 square metres, and include two to four shaded car parks. The town houses built-up area ranges from 462 to 464 square metres and include two shaded car parks.
“TDIC has already received much interest from investors for Jawaher due to its prime location overlooking the Saadiyat golf course and the sense of exclusivity it offers to residents. We are confident that once completed, it will drive demand for our real estate offerings on Saadiyat even further,” said Ali Majed Al Mansoori, Tdic’s Chairman of the Board.
The developer is also involved in other projects including Louvre Abu Dhabi and Guggenheim museums.
Source: Staff Report, gulfnews.com