Local developer Aldar Properties has unveiled Abu Dhabi's biggest real estate project to date. The AED 147,000 million ($40,000 million) Yas island development will be built on a natural island to the northeast of Aldar's Al-Raha Beach development (see above) and features a Ferrari theme park, a motorsports race track and three golf courses. Other attractions on the 25-square-kilometre island include a water park, a shopping centre, hotels, two marinas, polo clubs and residential buildings.
Phase 1 of the scheme, which is located to the south of the highway running across the island and includes both of the project's marinas, will be complete by the end of 2008. The development of the north of the island will form a second phase and will be completed by 2014.The construction contracts are being finalised for the 10-lane highway that bisects the development, with work expected to start by the end of the year. Belgium's Dredging International has started dredging work for the island's two marinas (MEED 17:11:06). The UK's Halcrow is the consultant for the highway. The UK's Benoys prepared the masterplan. You might also like...
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