Construction update: Aldar reveals residential projects’ progress
Abu Dhabi-based real estate firm, Aldar Properties, released a statement declaring that its residential projects are on schedule and revealing the progress made till date. Projects in the statement, all based in the UAE capital, include; Hadeel, Ansam, Meera, Merief, Nareel Island.
Roundup of upcoming projects
Waterfront community consisting of apartments and villas launched in 2014 is on track to be completed during 2017. Construction work is proceeding in line with shoring and piling works now complete and with ground floor works due to commence by mid December 2015.
Aldar’s first residential development on Yas Island in 2014, is expected to be completed during 2017. Casting of the raft foundation is nearing completion with strong progress on the ground and first floor slabs. The four buildings’ substructures and basements are also nearing completion.
Aldar’s first mid-market focussed project, located in Shams Abu Dhabi on Al Reem Island, is expected to be delivered during 2018. With shoring and piling contract now awarded to Meera, and detailed design and tender documentation phase with the main contractor expected to be appointed by March 2016.
The community of 281 residential plots located in Khalifa City, is scheduled for completion during 2017. All concept and preliminary designs have now been completed and the detailed design phase is also expected to be completed before the end of 2015 with a main contractor due to be appointed in April 2016.
The master planned community for Emiratis located in Abu Dhabi, and comprising 148 villa plots, is scheduled for delivery in 2017. Aldar is currently focussing on developing the infrastructure and public realm, both of which are in the detailed design stage. The main contractor is close to being appointed, having already awarded the earthworks and marine works tender packages.