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Fri 24 Apr 2015 09:09 AM

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Abu Dhabi's TDIC awards contract for Saadiyat beachfront project

Tourism Development and Investment Co picks company for enabling works on Mamsha Al Saadiyat

Abu Dhabi's TDIC awards contract for Saadiyat beachfront project
Saadiyat Island

Abu Dhabi's Tourism Development and Investment Company (TDIC) has announced that it has awarded the enabling works contract for Mamsha Al Saadiyat, the first residential development within the Saadiyat Cultural District.

The tourism master developer said in a statement that it has picked Nael & Bin Harmal Hydroexport (NBHH) following a competitive tendering process.

Comprising five clusters, each approximately 250 metres long, the 1.4km beachfront mixed-use project will feature nine low-rise residential buildings including apartments and townhouses.

The unit sizes will range from one to four-bedrooms, to lofts and penthouses, with a gross floor areas from 106 to 454 square metres.

The project, which will be developed in phases, will also encompass a serviced-apartment building and a retail destination offering approximately 5,000 square metres of leasable area, for both retail and dining outlets.

Ali Majed Al Mansoori, TDIC’s chairman, said: "We are pleased to announce the awarding of the early works contract for this vibrant project. Since announcing details about Mamsha Al Saadiyat, the development has received great demand and interest from both investors and potential homeowners."

Work has already commenced on the first phase of construction, with 263,917 cubic metres anticipated being unearthed, and 2,929 piles expected to be used over the next six months.

The enabling work is due to be completed on schedule in September.

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