Dar Al-Dhabi Real Estate were once again exhibiting at Cityscape Abu Dhabi, one year on from the hugely successful phase I launch in 2008.
Interest in The Dar Al-Dhabi Project was once again strong, with the six tower marina development drawing in crowds from its prime location at one of the main entrances to ADNEC.
Khalid Salah Al-Ayoub, Chairman of Dar Al-Dhabi Real Estate said: “It was great for us to have such a successful event at Cityscape Abu Dhabi. We met with many people who had already invested in the project and also potential investors who were excited about our plans around Najmat marina.
“It was also a very successful event for us in that the opportunities to network with people from all sectors across the industry are so important to how the Abu Dhabi real estate market plans ahead over the next 12 months, given the downturn in the market.
“Hoardings have now been erected around the site on Reem Island, and Dar Al-Dhabi Real Estate and project managers KEO are close to finalising the three key bid contractors who will be working together to drive the project forward.”
Tender bids for Piling Works on Plots 10 and 11 have closed and an evaluation of these bids commenced on March 29, 2009.
It is anticipated that the Contractor for the main Construction Work will be on site by October 2009 with a completion date of Q4 December 2011.
