{"id":1153,"date":"2016-01-11T15:02:04","date_gmt":"2016-01-11T08:02:04","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=1153"},"modified":"2016-01-11T12:23:49","modified_gmt":"2016-01-11T05:23:49","slug":"arabtec-awarded-dh2bn-contract-to-build-1017-villas-on-abu-dhabis-yas-island","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-awarded-dh2bn-contract-to-build-1017-villas-on-abu-dhabis-yas-island\/","title":{"rendered":"Arabtec awarded Dh2bn contract to build 1,017 villas on Abu Dhabi’s Yas Island"},"content":{"rendered":"


\n
\nDubai contractor Arabtec has been awarded a Dh2 billion contract by Abu Dhabi\u2019s Aldar Properties to build 1,017 villas on Yas Island.The contract represents the final package to be awarded for the West Yas development following infrastructure, public realm, school, clubhouse, retail and mosque packages, Aldar said in a statement this morning to the Abu Dhabi Securities Exchange.West Yas is located along Yas Island\u2019s mangroves and will feature both four and five bedroom villas with prices starting at Dh4 million. They are expected to be handed over at the end of 2017 and are only available to Emiratis.
\nTalal Al Dhiyebi, chief development officer at Aldar Properties, said in the statement that demand for the villas has been \u201cvery strong\u201d.The first phase went on sale in September and were all sold out, while a second phase was marketed in October.In November, Aldar launched sales of a second Yas Island development – Mayan, which is located between Yas Plaza, Yas Beach and Yas Links golf course and will consist of 800 units.
\nProperty prices in Abu Dhabi have held up better than in Dubai, thanks to a lack of stock.business@thenational.aeFollow The National\u2019s Business section on Twitter
\n
\nSource : thenational.ae
\nRead more…Arabtec awarded Dh2bn contract to build 1,017 villas on Abu Dhabi\u2019s Yas Island<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Dubai contractor Arabtec has been awarded a Dh2 billion contract by Abu Dhabi\u2019s Aldar...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-1153","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-iB","jetpack-related-posts":[{"id":37326,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aldar-properties-to-open-west-yas-villa-sales-to-non-emiratis\/","url_meta":{"origin":1153,"position":0},"title":"Aldar Properties to open West Yas villa sales to non-Emiratis","date":"December 7, 2016","format":false,"excerpt":"\r Aldar Properties has opened up sales of off-plan villas at its West Yas development to all nationalities. Abu Dhabi's largest listed property developer had started marketing the development of 1,017 four bedroom and five bedroom villas on Yas Island last year exclusively to Emiratis.The villas, located along the island's\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37330,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aldar-properties-opens-west-yas-villa-sales-to-expats\/","url_meta":{"origin":1153,"position":1},"title":"Aldar Properties opens West Yas villa sales to expats","date":"December 7, 2016","format":false,"excerpt":"\r Aldar Properties has opened up sales of off-plan villas at its West Yas development to all nationalities. Abu Dhabi's largest listed property developer had started marketing the development of 1,017 four bedroom and five bedroom villas on Yas Island last year exclusively to Emiratis.The villas, located along the island's\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29633,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aldar-construction-update-projects-at-yas-island-nareel-island-reem-island-and-raha-beach-coming-along\/","url_meta":{"origin":1153,"position":2},"title":"Aldar construction update: projects at Yas Island, Nareel Island, Reem Island and Raha Beach coming along","date":"October 12, 2016","format":false,"excerpt":"\r Aldar has said that it had completed all of the internal block work on its first housing project on Abu Dhabi's high-profile leisure destination Yas Island.In a construction update issued on Wednesday, Abu Dhabi's largest listed property developer said that external block work was now progressing at the 546\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29635,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aldar-construction-update-projects-at-yas-nareel-and-reem-islands-coming-along\/","url_meta":{"origin":1153,"position":3},"title":"Aldar construction update: projects at Yas, Nareel and Reem islands coming along","date":"October 12, 2016","format":false,"excerpt":"\r Aldar has said that it had completed all of the internal block work on its first housing project on Abu Dhabi's high-profile leisure destination Yas Island.In a construction update issued on Wednesday, Abu Dhabi's largest listed property developer said that external block work was now progressing at the 546\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30669,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aldar-awards-early-works-contract-on-yas-acres-project-to-bauer\/","url_meta":{"origin":1153,"position":4},"title":"Aldar awards early works contract on Yas Acres project to Bauer","date":"October 19, 2016","format":false,"excerpt":"\r Abu Dhabi's largest listed property developer Aldar Properties is pressing ahead with its largest housing project since the global financial crisis after awarding a Dh155 million contract to Bauer Geotechnical Specialized Foundation for early construction work on its Yas Acres villa project.Aldar started marketing off plan villas at the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2496,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/arabtec-wins-main-contract-for-new-bahrain-airport-terminal\/","url_meta":{"origin":1153,"position":5},"title":"Arabtec wins main contract for new Bahrain airport terminal","date":"January 24, 2016","format":false,"excerpt":"\r \r Arabtec is set to scoop the US$1.1 billion main contract to build a new terminal at Bahrain International Airport. In a statement to the Dubai Financial Market, the company said it had received a letter of intent from Bahrain\u2019s ministry of transport and telecommunications to award the contract\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/1153"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=1153"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/1153\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=1153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=1153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=1153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}