Aldar Properties said on Monday that it is building 2,300 homes worth AED5.7 billion ($1.55 billion) for UAE nationals on behalf of the Abu Dhabi Government.
The developer said in a statement that current projects under development include two large projects in Abu Dhabi and one in Al Ain. The projects consist of 1,020 villas on Yas Island and 996 villas in Al Falah and 275 Villas at Al Ghuraibah in Al Ain.
The projects are fully funded by the Government of Abu Dhabi and form part of itscommitment towards raising the quality of living for UAE nationals.
The three developments are slated for completion in 2016, Aldar said.
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