Monday, July 15, 2013

Hydra Village phase one construction complete

Abu Dhabi-based developer Hydra Properties, completed phase one of construction of Hydra Village, a major new residential development, located outside Abu Dhabi, and has begun handover of 448 properties.

The Hydra Village, located in Al Shahama Abu Dhabi, will grow to be the ‘new Abu Dhabi’ in-line with plan 2030. When the entire project is complete, it will house more than 10,000 residents.

The Chief Executive Officer of Hydra Properties, Ali Saeed bin Sulayem, said that each home is built to best levels of quality that customers expect, and the development is situated in a vibrant, family-friendly community.

There have been several challenges ever-since the launch of the project, owing to global economic crisis, which impacted real estate developers.

The completion of Phase one at Hydra Village is the first among several milestones, achieved by the capital, as it shapes up to become a comfortable residential community, he added.

Located within easy reach of Yas Island, Al Raha and future Capital District, the apt location of Hydra village enables easier access to Dubai and its capital, with ease of access and communication. The development is also in proximityto Delma Mall, Mussafah and Deerfield Town Square Mall.

The community development will offer residents shops, indoor and outdoor gyms, swimming pools, children play areas and landscaped areas, due to open over the next few months.

Currently, the company is focusing on other zones at Hydra Village, and on the Hydra Avenue development on Reem Island. On successful completion, these projects will surely support consumer confidence in the recovery of Abu Dhabi market, said Mohamad Al-Habech, Chief Commercial Officer at Hydra.
Zone 8 of Hydra Village is now 50% complete and Zone 6 is nearly 30 percent complete, he revealed.

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