Aldar Properties, the leading Abu Dhabi-based real estate developer, has chosen the Canadian construction services’ giant EllisDon to become the project manager of its new Water’s Edge master development.
In his comment on the announcement, Wissam Ayoub, the vice president for Middle East operations in EllisDon has expressed the company’s enthusiasm to work with Aldar properties on a master project with a great potential like Water’s Edge.
Situated on Yas Island in Abu Dhabi, Water’s Edge is a $653m master development that spans around 25 hectares and houses 13 apartment buildings that comprise residential units varying between studios, one-, two- and three-bedroom apartments.
In addition to that, the project also includes high-end entertainment facilities like private courtyards, swimming pools, multipurpose courts and a number of fine dining restaurants.
Earlier this year, the project’s construction contract has been awarded to Trojan General Contracting Company which has already started working on it. It is worth mentioning that Water’s Edge will not be the first collaboration between EllisDon and Aldar Properties, as the Canadian contractor has previously worked with Aldar to deliver Ansam Project on Yas Island as well.