Aldar Properties, an Abu Dhabi-based real estate developer, has announced that it has selected Trojan General Contracting company to give a Dh1.7 billion main construction contract for the development of Yas Acres with first three precincts on Yas Island in Abu Dhabi.
The construction will take about 32 months and during this period, Trojan need to soon commence working on 652 villas and townhouses, a golf course and a clubhouse. Apart from this, the company also be developing the infrastructure of this projects which includes a total of 1,315 homes spread across 811,108 square metres.
Reportedly, Bauer Geotechnical Specialized Foundation has already finished 10 per cent of this project worth Dh155 million. Aldar expects that it can hand over its first home at Yas Acres by the end of 2019.
“With the mobilisation of the contractors we expect to see highly visible progress as these precincts of villas and townhouses start construction,” says Talal Al Dhiyebi, Chief Development Officer, Aldar Properties.