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Wednesday, November 11 - 2009

First phase of Arzanah sets an early pace

  • United Arab Emirates: Monday, January 26 - 2009 at 16:55
  • PRESS RELEASE

Capitala today announced that construction work on Rihan Heights - the first phase of its $5-6bn flagship project Arzanah - reached a construction milestone ahead of schedule.

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  • Concrete Pour on Site of Rihan Heights in Arzanah.
    Concrete Pour on Site of Rihan Heights in Arzanah.
The first concrete pour on site for Towers A, B & D has been completed for the lift pits at Rihan Heights, with the concrete for the remaining lift pits being poured this week.

Within Rihan Heights there are five towers with more than 850 apartments and 14 villas being built on the site's perimeter. Landscaped courtyards, secure parking, swimming pools and skygardens are all key features, with views from the apartments of the iconic Zayed Grand Mosque, the beachfront and city park.

Peter Wilding Deputy Chief Executive Officer of Capitala commented,

"Over the past few months our in house project team has worked closely with our consultants and contractors to ensure we are ahead of our schedule. We consciously took a decision to commence enabling and piling works for Rihan Heights even before the detailed design was fully completed which has given us the significant advantage of allowing us to commence main construction works early as represented by our first concrete pour."


He concluded, "This is an important milestone for the Arzanah project. Rihan Heights, as the first phase of our masterplan, is setting the pace and we look forward to maintaining it over the next two years of construction."

Homes in Rihan Heights will be gradually handed over to their owners starting in the first quarter of 2011 following completeion of the Dhs1.9bn (approximately $500mn) 25 -month main construction contract being carried out by a joint venture partnership between Sunway

Construction Sdn Bhd (SunCon), part of the international Sunway Group, a leading multi-disciplinary conglomerate headquartered in Malaysia, and Silver Coast Construction & Boring Est, a leading Abu Dhabi-based contractor.
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About Capitala
Capitala is an Abu Dhabi-based strategic real estate master planner and developer committed to designing, building, managing and maintaining world-class, integrated communities in the UAE's Capital city, Abu Dhabi.

Established in 2008, Capitala is a strategic joint venture company between Mubadala, a leading business development and investment company in Abu Dhabi with 51% shareholding and CapitaLand, one of Asia's largest real estate companies with 49% shareholding.

Capitala's maiden project, Arzanah, is a US$5-6 billion development on Abu Dhabi island. This landmark development has been designed to meet evolving needs of modern day life in Abu Dhabi.

About Arzanah
Arzanah, with a visionary master plan that was conceived by award winning firms Sasaki of the USA and SMC Alsop of the UK, is a 1.4 million square metre fully integrated development encompassing residential, commercial, sports and leisure components. Strategically located at the gateway point to the island of Abu Dhabi in the Grand Mosque District, Arzanah is easily accessible via a comprehensive road network and will be connected to the future planned high speed metro system and minutes away from Abu Dhabi city centre, the Abu Dhabi International Exhibition Centre and the Central Business District.

Arzanah is being developed in phases and incorporates two parcels of land including the area surrounding Zayed Main Stadium and the exclusive two kilometre beach front across the Khaleej Al Arabi road - both vicinities will be linked by two new pedestrian bridges. It is one of the few remaining parcels of prime real estate on Abu Dhabi island.

Arzanah offers an exceptional blend of quality residential properties including luxurious apartment towers, family townhouses and modern lofts complemented by leisure, sports and retail amenities. Facilities will include an exclusive club, a picturesque canal flowing through the development, communal gardens and extensive walking and cycling trails. Residents and visitors will also be able to enjoy a high street shopping experience in a unique open-air climate controlled environment. An internationally recognised school will offer high quality accredited education for children of all ages with access to Arzanah's outstanding sports and leisure facilities at their doorstep.

In addition to the Zayed Stadium, other sports facilities for residents include the ATP-standard Abu Dhabi International Tennis Complex, the 40-lane world-class Khalifa International Bowling Centre, the Abu Dhabi Ice Rink and a state-of-the-art Aquatic Centre. Arzanah will also be home to the Mubadala-owned Medical Centre that will provide state of the art facilities and treatment for knee and sports related injuries and spinal injuries. The Abu Dhabi Knee & Sports Medicine Centre and Spinal Injury Centre will be the first healthcare facility in the Middle East to specialise in the diagnosis and treatment of patients with knee and sports-related injuries and provide specialist care for patients with spinal injuries who would normally have to travel overseas.

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