Al-Jaber wins Abu Dhabi construction deal

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Al-Jaber wins Abu Dhabi construction deal

The Tourism Development & Investment Company (TDIC), master developer of major tourism, cultural and residential destinations in Abu Dhabi, announced today that it has awarded the main construction contract for Jawaher Saadiyat to Al Jaber Building LLC, following a competitive tendering process. The contract is valued at AED 370 million and the project is on a 24-month delivery from mobilization on site.

H.E. Ali Majed Al Mansoori, TDIC’s Chairman of the Board, said: “We are pleased to announce the awarding of the main contract for Jawaher Saadiyat, the latest residential community at the Saadiyat Beach District, which adds to Saadiyat’s appeal as a destination of choice in the market. TDIC has already received much interest from investors for Jawaher due to its prime location overlooking the Saadiyat golf course and the sense of exclusivity it offers to residents. We are confident that once completed, it will drive demand for our real estate offerings on Saadiyat even further.”

Located within the Saadiyat Beach District and overlooking the spectacular views of the Saadiyat Beach Golf Club, Jawaher Saadiyat will feature 83 exclusive units comprising 4 to 6 bedroom villas and 4-bedroom townhouses designed in a contemporary and modern style. The villas’ built-up area ranges from 636 to 1,268 square metres, and include two to four shaded car parks. The townhouses built-up area ranges from 462 to 464 square metres and include two shaded car parks.

The villas have been designed to respect the regional requirements for privacy and serviceability, while embracing and including all the conveniences of a modern lifestyle. Designed by DSA with interiors by Bishop Design, this modern family-based residence features bold geometrical styles accented by glass, stone and wood that imbue the spacious indoor and outdoor areas with a remarkable, modern aesthetic.

Residents will enjoy easy access to first-class facilities, which include, a security-controlled gate, beautifully landscaped grounds, multi-use games area, a gym, a children’s outdoor playground, adults and children swimming pools, male and female prayer rooms, ample parking for residents and guests, a café, a restaurant, a mini mart, a salon and a linear park.

Jawaher Saadiyat will offer its future residents proximity to some of Saadiyat’s most high-end hospitality, cultural, educational and retail offerings. These include international five-star resorts and leisure facilities within the Saadiyat Beach District such as The St. Regis Saadiyat Island Resort, Park Hyatt Abu Dhabi, the Saadiyat Beach Golf Club and the Saadiyat Beach Club. The project also sits within walking distance from Cranleigh Abu Dhabi, and in proximity to the Saadiyat Cultural District, home to Louvre Abu Dhabi, the first museum to open on the island.

Source: www.aljaber.com

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.