TROJAN WINS DEAL FOR AL FALAH VILLAS
UAE real estate developer Aldar said it had appointed Trojan to develop the Al Falah homes that Aldar was awarded by the Government of Abu Dhabi earlier this month. The $544.5m (AED2bn) Al Falah home expansion project that Aldar will develop for Abu Dhabi Government comprises 899 villas, each of which spans 515m2.
Al Falah already comprises 4,898 villas, and the expansion will see the construction of a mosque for 2,000 worshippers.
Trojan will build the homes – which are currently being designed – over the next three years.