Al Bandar precinct design awarded to UK Architect

Abu Dhabi, UAE, July 01, 2006. ALDAR Properties PJSC announced today that architectural firm Broadway Malayan from the United Kingdom, has been awarded the contract to design 'Marina Residence' in the Al Bandar precinct at it's prestigious Al Raha Beach Development.

Al Bandar is one of eight distinct precincts which make up the overall Al Raha Beach project.  This particular precinct is set around an expansive central water feature and comprises of luxury apartments, enlivened with waterside restaurants, cafes, and shops, offering a unique lifestyle never seen in Abu Dhabi.

The Marina Residence concept in Al Bandar will be a mix of residential, retail and transport design.  The residential offering will consist of stylish modern apartments ranging from studios through to 4 bedroom family homes.  The surrounding apartments will be complemented by 5,000sqm of waterfront retail and F&B units and a central ferry terminal from where water taxis will serve other precincts and the main city of Abu Dhabi.

ALDAR Chairman Ahmed Ali Al Sayegh explained: "The design of this central precinct is key to the overall Al Raha Beach project. 

"The Al Bandar Marina will be the focal point for the water transport around the development and will be home to the main ferry and water taxi terminal. This water transport system is key to the success of this spectacular new waterfront city and something which will set it apart from other developments in the UAE."

Broadway Malayan were chosen as the architects to design Al Bandar precinct because of their experience in designing residential waterfront developments around the world.  Projects they have designed include: Valecentre Venice, Queens Quay Belfast, Old Quay Runcorn and Albufeira Park Portugal.

Construction will commence in March 2007.

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Note to Editors: 
ALDAR Properties PJSC is a premier real estate development, management and investment company headquartered in Abu Dhabi, UAE. The company was formed as a result of an initial Public Offering (IPO) of shares. The PJSC was created under Emiri Decree No 808 of 2004. ALDAR Properties PJSC is owned by leading Abu Dhabi institutions, founder shareholders and individual investors. 

ALDAR Properties PJSC was created to fast track real estate investment opportunities, and to offer an opportunity to participate in the prosperity of this increasingly important industry in the UAE. 

The current property portfolio includes major developments and re-developments within Abu Dhabi Emirate, such as the Central Market in Abu Dhabi, the Al Raha Beach Development in Sas Al Nahkel ,Al Gurm Resort, Ferrari World, Al Mamoura - the Mubadala Development Company and Environment Agency Abu Dhabi Headquarter Building in Abu Dhabi, Al Jimi Mall Expansion in Al Ain and Jebel Hafeet Resort in Jebel Hafeet, Al Ain.  

For more information visit our website www.aldar.com.

For further information, please contact:
Karen Lay at SAREEM INTERNATIONAL,
Tel:  + 971 4 343 3688,
Fax: + 971 321 1988 
Email: karen@sareem.net

Ousama Ghannoum - Marketing & Media Director
Shamma Al Nuaimi - Media Manager
ALDAR PROPERTIES PJSC
Tel:+ 971 2 696 4444,
Fax: + 971 2 641 7504
Email:  oghannoum@aldar.com / salnuaimi@aldar.com

© Press Release 2006