Aldar Properties, Abu Dhabi’s leading integrated property developer, announced the substantial completion of land reclamation and dredging for Coconut Island, its premium island resort and gated residential development located off the Abu Dhabi west coast. The project is a joint venture with National Corporation for Tourism and Hotels (NCT&H) and is expected to complete in 2010.
The master plan of Coconut Island and the appointment of Denniston International Architects and Planners Ltd have both been approved. In addition, the island’s new lagoon, which will form its centre-piece, has started taking shape. The next phase of the project will involve soil investigation, soil improvement and shoreline protection works prior to commencing the infrastructure and buildings.
Coconut Island is set to become a 5 star luxury resort which will comprise of approximately 160 guest rooms ranging from standard to presidential, a spa, restaurants and marina. The island has a natural sand bar surrounded by clear turquoise waters providing an idyllic setting for relaxation. In addition to the resort, the island will feature four and three-bedrooms apartment buildings as well as six, five and four-bedroom villas, each with spectacular views of the Arabian Gulf, for sale exclusively to UAE nationals.
Rami Hreiki, Senior Project Leader at Aldar Properties said: ‘Both Aldar and NCT&H have a vested interest in the future of Abu Dhabi and in developing quality projects that generate greater choice for residents and tourists. Both partners have accomplished a great deal at this early stage in the development and we will continue to strive to bring this exciting project to fruition.’