Abu Dhabi, UAE IMKAN, a globally reputed property developer renowned for creating soulful places that enrich people’s lives, has announced progress on its integrated residential project, Thanaya. Located in Abu Dhabi’s vibrant Al Muntazah area, the development blends contemporary and traditional elements to offer a modern and serene lifestyle.

Earlier this year, IMKAN appointed Shapoorji Pallonji Mideast as the main contractor, local architectural design company UNii Engineering Consultancy as the lead consultant, and global design and consultancy firm Arcadis as the cost consultant for the project. Construction works are well underway, with 75 percent of the shoring completed. The for-lease-only building is scheduled for handover in Q4 2019.

The residential development will comprise two basement car park levels, multi-use retail and F&B space and a pharmacy on the ground level, a community clinic on the mezzanine level, and 84 spacious, apartments ranging from studios to two-bedroom units across six levels. Thanaya features bespoke rooftop amenities, including a jogging track and other outdoor recreational zones.

Inspired by the traditional mashrabiya - Al Thanaya’s ever-changing façade, apart from aesthetic appeal, will ensure privacy, personalization and customization for its residents with the advanced shading system.

Walid El-Hindi, Chief Executive Officer of IMKAN, said: “Thanaya has been carefully designed to respect local customs while providing an enhanced living experience. The varied elements integrated within the project are a direct result of IMKAN’s in-depth research on the micro-environment, combined with meticulous planning to create a holistic community. Furthermore, its purpose-driven architecture responds to the site requirements and market forecasts.”

He added: “We have a consistent project progress track record across our portfolio, and our strong research focus remains at the heart of everything we do, regardless of the size of a project. Our destinations stand out for their unique emphasis on people and community-building that enables us to shape the residential and commercial real estate landscape of Abu Dhabi in new and exciting ways.”

IMKAN aims to expand its domestic and international footprint through unique projects that support and enhance local culture while seamlessly becoming a part of the communities in which they operate.

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About IMKAN

IMKAN is an Abu Dhabi-based real estate developer with a portfolio of 26 projects spanning three continents. The company aims to create soulful places that enrich people’s lives.

IMKAN’s proposition is built around a unique research platform that uncovers the distinct social behaviors and habits of specific market segments – from millennials to discerning high-net-worth individuals – to formulate tailored user profiles. This research-led approach enables the company to shape communities that are in tune with the mindset of each profile, thereby adding value for its stakeholders.

IMKAN is a wholly owned subsidiary of Abu Dhabi Capital Group (ADCG). Its key projects include two developments in Makers District – The—Artery, a multi-use building that integrates a makers’ space with a parking garage, and Pixel, the company’s first mixed-use destination – as well as the 370-hectare project AlJurf, a fully integrated second-home destination along Sahel Al Emarat; the riviera situated in Ghantoot between Abu Dhabi and Dubai, Nudra, a luxury beachside villa community, and Sheikha Fatima Park, an open-air project that seeks to enhance community interaction.

© Press Release 2018

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