{"id":20340,"date":"2016-07-21T00:27:01","date_gmt":"2016-07-20T17:27:01","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=20340"},"modified":"2016-07-20T22:56:10","modified_gmt":"2016-07-20T15:56:10","slug":"aldar-awards-dh440-worth-of-contracts-for-al-nareel-island-and-al-merief-luxury-projects","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aldar-awards-dh440-worth-of-contracts-for-al-nareel-island-and-al-merief-luxury-projects\/","title":{"rendered":"Aldar awards Dh440 worth of contracts for Al Nareel Island and Al Merief luxury projects"},"content":{"rendered":"<p>&#013;<br \/>\nAldar, Abu Dhabi&#8217;s largest listed property developer, has awarded construction contracts worth Dh440 million.The developer said yesterday the Abu Dhabi contractor National Projects and Construction had started work last Thursday on its Nareel Island project in Al Bateen, and Al Merief in Khalifa City on the outskirts of the capital.Aldar said the contracts covered work on infrastructure, utilities and public areas for the projects, as well as marina works on Nareel Island.Work on the developments, which will eventually provide plots of land for Emirati buyers to build their own villas, is scheduled to take 16 months to complete.Nareel Island has been marketed by Aldar as one of the most desirable new addresses in the capital. The development consists of 148 villa plots as well as a lagoon, marina, clubhouse, parks, private beaches and gardens.Aldar said it had awarded the earthworks and marine works tender packages in October. Reclamation work for the lagoon has started and dredging work on the southern island is complete.The developer started selling the high-value villa plots last year, reporting that buyers committed an average of Dh18.5 million for each villa plot, and that is even before taking into consideration the cost of building a villa.Al Merief, a new community in Khalifa City close to Masdar City and Raha Beach, comprises 283 land plots that cost Dh2.1 million on average. Plots at Al Merief also went on sale to Emiratis last year.Aldar said it had completed all concept and preliminary designs for the project as well as a detailed design last year.&#8221;As one of the most exclusive developments in the region, Nareel Island truly brings a new level of luxury to Abu Dhabi. Meanwhile, Al Merief is set to become a welcoming, impressive new address in a burgeoning area of the capital,&#8221; said Talal Al Dhiyebi, Aldar&#8217;s chief development officer.&#8221;We are very proud of these two very distinct communities, and the enthusiasm received from the UAE national community.&#8221;lbarnard@thenational.aeFollow The National&#8217;s Business section on Twitter&#013;<br \/>\n&#013;<br \/>\nSource : thenational.ae&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.thenational.ae\/business\/property\/aldar-awards-dh440-worth-of-contracts-for-al-nareel-island-and-al-merief-luxury-projects\" target=\"_blank\">Aldar awards Dh440 worth of contracts for Al Nareel Island and Al Merief luxury projects<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Aldar, Abu Dhabi&#8217;s largest listed property developer, has awarded construction contracts worth Dh440 million.The developer&#46;&#46;&#46;<\/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-20340","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\/p75ss1-5i4","jetpack-related-posts":[{"id":20692,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aldar-awards-dh440m-worth-of-contracts-for-al-nareel-island-and-al-merief-luxury-projects\/","url_meta":{"origin":20340,"position":0},"title":"Aldar awards Dh440m worth of contracts for Al Nareel Island and Al Merief luxury projects","date":"July 21, 2016","format":false,"excerpt":"\r Aldar, Abu Dhabi's largest listed property developer, has awarded construction contracts worth Dh440 million.The developer said yesterday the Abu Dhabi contractor National Projects and Construction had started work last Thursday on its Nareel Island project in Al Bateen, and Al Merief in Khalifa City on the outskirts of the\u2026","rel":"","context":"In &quot;Property News&quot;","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":20340,"position":1},"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 &quot;Property News&quot;","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":20340,"position":2},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":51701,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aldar-closes-in-on-early-completion-of-abu-dhabi-projects\/","url_meta":{"origin":20340,"position":3},"title":"Aldar closes in on early completion of Abu Dhabi projects","date":"April 12, 2017","format":false,"excerpt":"\r Aldar Properties has said that it is nearing completion on two of its new Abu Dhabi housing projects ahead of planned hand\u00adovers in this autumn.The developer said in that it was on track to hand over its Ansam project on Yas Island and Hadeel on Raha Beach in September.The\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11496,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aldar-gives-update-on-abu-dhabi-residential-projects\/","url_meta":{"origin":20340,"position":4},"title":"Aldar gives update on Abu Dhabi residential projects","date":"April 27, 2016","format":false,"excerpt":"\r Aldar Properties said today that its projects in Abu Dhabi are progressing on schedule.\"Al Hadeel, Ansam, Al Merief, Nareel Island residential projects are all on track to be completed according to their respective schedules with steady progress being made on foundational, structural and MEP work,\" it said in a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19628,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aldar-completes-development-structure-of-two-major-new-abu-dhabi-projects\/","url_meta":{"origin":20340,"position":5},"title":"Aldar completes development structure of two major new Abu Dhabi projects","date":"July 14, 2016","format":false,"excerpt":"\r Abu Dhabi's largest listed property company, Aldar, has completed the development structure of two major new projects in the capital. Aldar said it has completed the development structure of the 233 apartments and eight town houses at its Al Hadeel housing development in Al Raha Beach and its Ansam\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/20340"}],"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=20340"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/20340\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=20340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=20340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=20340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}