Aldar to tender new trio of projects in July

Abu Dhabi firm hopes to start work on $1.4bn schemes later this year

Al Hadeel at Al Raha Beach.
Al Hadeel at Al Raha Beach.

Singh said that construction for the projects - Ansam at Yas Island, Al Hadeel at Al Raha Beach and Nareel Island at Al Bateen - will begin "approximately six months after we commence sales".

"So it will be towards the end of this year or sometime early next year," he said, adding that the three-year construction period was very manageable.

"It will go through a very clear tendering process," he added. "We hope to award contracts early next year or late next year to allow for construction to start early next year."

 

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