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Aldar reveals Cityscape Abu Dhabi focus

Source:  www.ameinfo.com

Aldar Properties, Abu Dhabi’s leading property development, management and investment company, has unveiled details of its presence at Cityscape Abu Dhabi 2010, the international real estate investment and development event held at ADNEC that begins tomorrow.

At this year’s event, Aldar will focus on a number of key developments that will offer residents real community living in a matter of months.

This year’s highlight will be a 100sqm “mock-up” of an apartment at Al Bandar, Aldar’s island development set around a marina, offering visitors the chance to get a real sense of life at the community that will be handed over to residents in June. Home to modern apartments and duplexes, loft-style residences and larger family apartments, all with balconies and waterside views, Al Bandar will also feature a range of leisure facilities, cafes, restaurants and retail areas.

Al Bandar will be the first residential element to be delivered within Al Raha Beach,Aldar’s waterfront development which will provide a vibrant and diverse mix of communities as well as business, retail and leisure. A very limited number of homes at Al Bandar will be made available to the public at Cityscape. Two other residential districts, Al Muneera and Al Zeina, which will be delivered in 2011 will be on display at Cityscape Abu Dhabi.

Al Gurm Resort is an exclusive eco-friendly development on 1.8 million square metres of protected nature reserve. A tranquil oasis in the heart of the UAE, Al Gurm Resort offers unparalleled lifestyles, awe-inspiring landscapes and an unrivalled quality of life for its residents. Phase I of the development comprises 73 villas, and the handover process to homeowners will start in June 2010.

Aldar will also be showcasing HQ, the award-winning disc-shaped building that offers over 50,000 sqm of premium office space in a prime location over 23 floors. HQ is one of a very small number of office buildings currently available for lease to provide international Grade A office accommodation in Abu Dhabi, and is also the only building in Abu Dhabi which can provide floors with over 100m in length of open span, column free space.

John Bullough, Aldar Chief Executive Officer will participate in a keynote panel discussion on the second day of the event, focussing on new opportunities for investment and development in Abu Dhabi alongside John Thomas, Executive Director, Mubadala Real Estate & Hospitality and Philip Ward, Chief Executive Officer of Abu Dhabi Finance.

Rami Nasser, Director Sales & Commercial Leasing commented:

“We are looking forward to welcoming visitors to Cityscape Abu Dhabi to our stand, where we will be showcasing those projects set for handover as soon as the coming months. 2010 will be another year of major delivery for Aldar.”

Cityscape Abu Dhabi provides a great opportunity to share market knowledge with our peers, build sector transparency and strengthen what is a maturing market, and we look forward to another successful event.”

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