Aldar awards main contract for UAE waterfront project
Aldar Properties, a leading property developer in Abu Dhabi, UAE, has awarded the main contract worth Dh500 million ($136 million) to Ghantoot General Construction, for development of its luxury golf and waterfront apartment project, Mayan, located on Yas Island.
As per the deal, Ghantoot General Construction will deliver the construction of five, 11-storey buildings comprising 512 units. Nineteen of these units will be luxury beach villas overlooking the beautiful Yas shoreline, said the statement from Aldar.
Talal Al Dhiyebi, the chief development officer at Aldar, said: "As a community of luxury residences in one of the most exciting locations in Abu Dhabi, Mayan caters to the high demand for Yas Island."
"It offers a world-class living experience that will add to the available amenities in the surrounding area. Since we launched Mayan last year, we have seen strong interest and we expect this to continue," he stated.
Situated on Yas Island, Mayan offers studios, one-, two-, three- and four-bedroom apartments, as well as a select number of golf course homes and beach-front villas.
In addition to serene views of Yas Island’s blue waters and natural mangroves, and the lush green fairways of Yas Links golf course, Mayan residents will benefit from the community’s multiple swimming pools, children play areas, gymnasiums and retail outlets.
The upcoming development is also minutes away from Yas Island's renowned leisure and entertainment destinations, including Yas Mall, Yas Marina, Yas Marina Circuit, Ferrari World Abu Dhabi, and Yas Waterworld, as well as the dining and entertainment options at Yas Plaza hotels.
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