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Aldar awards $120m contracts for Nareel Island, Al Merief

Aldar awards $120m contracts for Nareel Island, Al Merief

Work on both developments commenced on July 14 and is expected to take 16 months

Abu Dhabi property developer Aldar has awarded contracts worth Dhs 440m ($119m) to National Projects and Construction for its Nareel Island and Al Merief communities.

Work on both developments, including infrastructure, utilities, public areas and marina works for Nareel Island, commenced on July 14 and is expected to take 16 months.

Nareel Island is a high-end development spread across two islands on the coast in Al Bateen. It consists of 148 villa plots, a lagoon, marina, clubhouse, open parks, private beaches, pontoons and gardens.

Read: Abu Dhabi’s Aldar Launches Plots For Sale At Nareel Island

Earth and marina works contracts for the project were awarded in October and are currently underway. Reclamation work for the lagoon has also begun and dredging work on the southern island is complete.

The Al Merief community in Khalifa City comprises 283 land plots, with recreational facilities, sheltered gardens, parks, mosques, an Aldar Academies-operated school and a retail centre planned.

Preliminary and detailed design of the project was completed last year.

“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 to a burgeoning area of the capital,” said Aldar chief development officer Talal Al Dhiyebi.

“With the appointment of NPC, we are on track for the completion of both developments in 2017.”


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