Abu Dhabi-based Aldar Properties announced it has sold two plots of land in Alghadeer for community services, demonstrating momentum in its newly launched master planned development.
The contracts will see British curriculum Alghadeer International School and retail outlets including a LuLu supermarket and a community clinic open in Alghadeer in 2021 in line with handovers of the first new community to customers.
Commenting on the plot sales, Talal Al Dhiyebi, CEO, Aldar, said: The addition of Alghadeer International School, retail outlets, LuLu supermarket and clinic will increase the range of convenience-driven amenities and facilities for existing and future residents at Alghadeer, creating more complete neighbourhoods. Developing this community shows the momentum in the Alghadeer development and is in line with our strategy to deliver desirable destinations and provide residents with a truly enriched community living experience focused on comfort, accessibility and convenience.
Alghadeers new masterplan comprises of 14,408 home including villas, townhouses, and maisonettes. Total residential GFA is set to exceed 1.3 million sqm and will be complemented by office space, retail space, hospitality, education and community amenities.
The new Alghadeer masterplan incorporates Aldars existing community of the same name which boasts over 2,000 homes and is a thriving destination for many families.
The retail amenities will have a GFA of more than 30,000sqm and will include a range of outlets as well as a community clinic. The LuLu supermarket, with a GFA of 5,000sqm, will primarily focus on grocery and supermarket products, with a product range that is specifically targeted at Alghadeers diverse population. The supermarket, retail outlets, and clinic will be operational in 2021.
Occupying 38,809sqm of space with a GFA of 18,485sqm, Alghadeer International School is a British curriculum private school, set to offer places for 1,500 students from FS1 to Grade 12 as well as a nursery offering early childhood education. The school is to be operational from September 2020.