Ghantoot General Construction wins $136mn Aldar contract

Aldar Properties has awarded the main contract to build a luxury residential development located on Yas Island to Ghantoot General Construction.

The AED 500mnn ($136mn) deal is for the construction of five, 11-story buildings comprising 512 units, 19 of which will be luxury beach villas overlooking the beautiful Yas shoreline.

Mayan offers a range of properties from studios to four-bedroom apartments as well as a select number of golf course homes and beach-front villas.

The development lies minutes away from Yas Island’s leisure and entertainment destinations including Yas Mall, Yas Marina, Ferrari World and Yas Waterworld, as well as the dining and entertainment options at Yas Plaza hotels.