03/02/2014 15:45 AST

About 80 per cent of coastal work and 35 per cent of infrastructure work have been completed at the Hidd Al Saadiyat development on Saadiyat Island, Abu Dhabi.

The construction of the villas is expected to be completed in 2016, said Mounir Haidar from Abu Dhabi-based Saadiyat Development and Investment Company (SDIC), the developer of the project.

The development extends on a land area covering over 1.5 million sq m with nearly seven km of waterfront.

It will consist of 450 villas, commercial centres, resorts, retails, apartments, beach clubs and other amenities.

"Hidd Al Saadiyat is a project of passion for the owner and management team of SDIC. It's an opportunity for us to create a uniquely planned beachfront community for Abu Dhabi," said Haidar.

"Till date, more than 60 per cent of the villas have been sold. All necessary official approvals have been secured and construction is proceeding as planned," he said.

"The villas at Hidd Al Saadiyat strongly appeal to families residing in Abu Dhabi who are looking for a resort-style, tranquil ambiance and island living within minutes for Abu Dhabi city. There is a range of open spaces and green corridors that will allow residents much welcomed direct access to the beach. Another definite advantage is a flexible design option for buyers to customise villas to meet their individual tastes and preferences."


Trade Arabia

Ticker Price Volume
Qatar, Saudi to jointly pay Syrian govt staff salaries

02/06/2025

As part of their ongoing commitment to advancing Syria's economic recovery-and following their earlier contribution of approximately $15mn to settle Syria's arrears with the World Bank Group- Qatar a

Gulf Times

Tarrif tensions and mixed economic data continue to challenge Central Banks

02/06/2025

In the last week of May 2025, markets experienced heightened volatility amid mixed economic data, influencing global asset classes. WTI crude oil futures dropped over 1 percent, dropping towards $60.

Kuwait Times

Mining, entertainment sectors eye 100bn in investments by 2030

02/06/2025

Saudi Arabia is steadily progressing in its journey to attract $100 billion in foreign direct investments by the end of this decade, with the Kingdom heavily focusing on securing funds in high-growth

Arab News

Invest Qatar showcases Doha's dynamic startup ecosystem at Web Summit Vancouver

02/06/2025

Invest Qatar, the Investment Promotion Agency of Qatar which recently launched $1bn incentives, took part in the inaugural Web Summit Vancouver, held from May 27 to 30, showcasing the country's welco

Gulf Times

Qatar's ports register double-digit yearly jump in ships arrival

02/06/2025

Qatar witnessed a double-digit year-on-year growth in ships arrival in May 2025, reflecting in brisk growth, notably in the volumes of containers, general and bulk cargo, building materials and lives

Gulf Times