ALDAR AWARDS DH1.3B CONTRACT FOR WATER’S EDGE
Aldar Properties awarded main contract for Water’s Edge project on Yas Island to Trojan General Contracting. The total value of the contract is Dh1.3 billion, according to an announcement by the Abu Dhabi based company.
The developer plans to construct thirteen buildings as part of the development with 8 per cent constituting studios, 42 per cent one bedroom, 35 per cent two bedroom and 15 per cent three bedroom units.
Its amenities include a waterfront promenade with a number of dining and retail facilities. It also features private courtyards with landscaped areas, pools, multipurpose courts, and a mosque.
The development lies adjacent to the upcoming Sea World theme park, and a five-minute walk from Yas Mall, Ferrari World, and the Yas Marina Circuit.