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Issue 1 April/May 2008 www.alrahabeach.

com

AL RAHA BEACH
N E W S L E T T E R
Contents:
Introduction ALDAR Head Quarters reaches
Al Raha Beach in figures
Work advancements
the 23rd floor on schedule
Al Raha Beach visitors
Press releases
Site news
Health & safety performance
A glance at recent ALDAR events
Upcoming events
Corporate information
AL RAHA BEACH NEWSLETTER Issue 1 April/May 2008

AL RAHA BEACH AL RAHA BEACH IN FIGURES

Development
Al Raha Beach Development will be a
world leading lifestyle destination for Abu
Dhabi. Over 570 hectares, Al Raha Beach Total GFA 12,240,178 sq/m
Development is located on the beach side Development Area 8,030,383 sq/m
of the main highway leading into Abu Dhabi Site Area 6, 058, 980 sq/m
from Dubai. It will become the first world Site Length 11,280 m
class development in the “Great Arabian Site Width 800 m
Water City” of the 21th century, and will Residential population 120,000
be a magnificent gateway into Abu Dhabi. Day population 200,000
Al Raha Beach Development includes 11 Waterfront Development 45 km
precincts divided into East and West. No of Beaches 5
No of Major Parks 3
The mix use development brings together
No of Marinas 4
major entertainment, culture and public
facilities into a legendry hub set to No of Hotels 9
become a regional attraction and a natural
playground for the Emirate. Construction statistics to date

The world most renowned architects and Land Reclaimed 4,477, 500 sq/m
designers have brought together to create Total Number of Cranes Tower: 38 (Al Zeina, Al Bandar, Al
this beautifully planned living environment. Dana, ALDAR Head Quarters,
They provide prime commercial and Asymptote, Re- bar factory,
residential living.
Tower Crane yard)
Crawler: 16 (Al Zeina, Al Bandar,
Al Dana, ALDAR Head Quarters,
Asymptote)
Mobile: 20 (Al Zeina, Al Bandar,
Al Dana, ALDAR Head Quarters)
Concrete poured 186,000 c/m
Number of Piles constructed 9350

Al Raha Beach Master plan Development Team:


Infrastructure
Joint venture with ALDAR Laing O’Rourke
Masterplanners and Architects Esquisse Design Studio
Infrastructure Engineers Cansult Maunsell
Lighting Speirs & Major
Landscape Architecture EDAW
Water Features Wet Design
Public Transport, Terminals & Bridges RFR
Signage & Wayfinding CommArts
Landscape Green Concepts/EDAW

Development
Al Zeina Esquisse Design Studio
Al Khubeira Broadway Malyan
Al Muneera SCDA/Kann Finch
Al Bandar Broadway Malyan
Al Seef GHD & Kobi Karp
Al Dana Foster+Partners, Rafael Vinoly,
Asymptote, 5+Designs/P&T,
MZ & Partners

Al Raha Beach Developments - Satellite View, March 2008


AL RAHA BEACH NEWSLETTER Issue 1 April/May 2008

WORK ADVANCEMENTS

ALDAR Head Quarters


The excavation and piling works together
with the majority of the substructure is
completed The concreting of lift core to
level 23 was completed on the 26th March
2008 Structural steelwork for the super
structure has commenced There are 5
tower cranes and 1 crawler crane on site
Concrete to date 31,000m3 361 piles
completed to date.

Al Bandar Al Muneera

Piling works and excavation are completed, tensioned slab has just commenced on the
the raft slab and majority of the substructure loft building There are 9 Tower Cranes
is completed. Works to the superstructure and 1 Mobile Crane on site Total Concrete
are now progressing and the first post till the end of Feb08 39000m3.

Al Zeina

Mobilisation of the site offices and set up is


progressing Bulk excavation is completed
on the island and piling is now progressing
Currently 383 piles have been cast.

Excavation works and piling are now cranes Out of 28 individual cores 24 are
complete, 1542 piles have been installed currently under construction and we have
over an area of 111,000m2 80% of all completed 50 out of 353 lifts
basement slabs & rafts are complete, to The 1st slab pour to the Ground floor is
date 70,000m3 concrete has been poured complete 4000m2 of Precast ground
11 out of 19 tower cranes have been floor has been erected out of a total of
erected, supplemented with 4 crawler 230,000m2.

Al Raha Beach Developments - Satellite View, March 2008


AL RAHA BEACH NEWSLETTER Issue 1 April/May 2008

AL RAHA BEACH VISITORS PRESS RELEASES


Wednesday 20th February, 2008
CNBC Visits ALDAR’s Al Muneera and Al Zeina Precinct Net AED 850 Million in Sales at IPS - Development
Al Raha Beach firm’s lifestyle proposition in Abu Dhabi attracts market savvy customers
ALDAR, the renowned Abu Dhabi-based international property developer, reached AED 850
million sales this week at the International Property Show 2008 in Dubai, showcasing its waterfront
development Al Raha Beach’s Al Muneera and Al Zeina precinct.

Saturday 09th February, 2008


Milestone Progress Realized on ALDAR’s Al Raha Beach Project - Marine Seawalls Complete
in the Eastern Precinct
ALDAR, the renowned Abu Dhabi-based international property developer has reached a major
milestone on the esteemed Al Raha Beach development. The Eastern Precinct is now protected with
a completed marine sea wall, from the joint venture company, Soletanche Bachy – NSCC.

Michael Cox, Director of Al Raha Beach Wednesday 06th February, 2008


Development, received CNBC Al Arabiya’s ALDAR Enters into AED 1.2 billion JV Agreement with Investment Holdings - JV to develop
Nazek Bizri to discuss the Al Raha Beach Al Khubeira on Al Raha Beach
Development and in particular the Al Dana Summary: ALDAR, the renowned Abu Dhabi-based international property developer, has entered
precinct, which was also recently featured at into a joint venture agreement with Investment Holdings, headquartered in Abu Dhabi. The AED 1.2
the World Property Market Exhibition, MIPIM billion joint venture will facilitate the development of the precinct Al Khubeira on Al Raha Beach.
in Cannes, France. The program took an in-
depth look at the development specifics Wednesday 30th January, 2008
and addressed issues such as price ranges, Piling Work Complete on ALDAR’s Al Zeina Precinct - ALDAR will showcase Al Zeina, part of
the size, the purpose and goal of Al Dana, the Al Raha Beach Development, at the IREIS
and enquiries regarding ownership Summary: ALDAR, the renowned Abu Dhabi-based international property developer, is launching the
mixed-use development Al Zeina which is the strategic gateway to the Al Raha Beach Development.
With the piling process completed on Al Zeina, the next step of laying the ground floor slabs is now
SITE NEWS being carried out.

ALOR Operative HEALTH & SAFETY PERFORMANCE


Training Center Accumulation AFR from Jan 2007 Accumulation AFR

Recognizes 1000th
0.6
0.54

Trainee 0.5

0.4
0.38

0.3
0.3

0.23

0.2

1000th Trainee Abdrahman Ilyasi (fifth man from the right)


with Peter Stalker and some of the Operatives who have 0.1
successfully completed the Trade Training Course
0.074

0.06

0.06
0.056
0.055

0.062

0.051
0.05
0.034

Abu Dhabi, UAE – ALDAR Laing O’Rourke


0.03

(ALOR) Operative Training Center has reached 0


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its 1000th Trainee record last February 2008


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at the Yas Island Camp in Abu Dhabi, UAE.


Since December 2006, 30,000,000 million assist in implementing world class healt and
Abdrahman Ilyasi is the 1000th Trainee man hours have been achieved at the Al safety systems across the development.
who has successfully completed his period Raha Beach Development with an extremely
of Trade Training at the ALOR Operative low accident rate. The safety systems and standards used
Training Center. on the Al Raha Beach Development have
The graph shows how accidents have assisted in producing highly efficient
ALOR Operative Training Center is now reduced on site in relation to man hours working processes. Doing the job right first
working towards its next training goal where works. Aldar Laing O’Rourke has recruited time, every time!
it is set to recognize its 10,000th trainee safety experts from around the world to
Al Raha Beach Developments - Satellite View, March 2008
AL RAHA BEACH NEWSLETTER Issue 1 April/May 2008

EVENTS

A glance at recent ALDAR events

ALDAR Properties attended the World Property


Exhibition 2008, MIPIM, in Cannes
ALDAR Properties attended the World
Property Exhibition 2008, MIPIM, in
Cannes, France at the prestigious Palais
des Festivals. The renowned Abu Dhabi-
based development firm showcased its
entertainment destination, YAS Island and
its Arabian waterfront development Al
Raha Beach’s precinct Al Dana aboard the
O’MEGA luxury yacht. ALDAR promoted
two of its high-end developments and
the emirate of Abu Dhabi as a lucrative
investment choice for the visiting attendees
of the show. The five-day luxury property
exhibition proved successful attracting the
interest of high net worth individuals and
the international press. YAS Island, which
will host the Grand Prix in 2009 is also home
to the world’s first Ferrari branded theme
park, a Warner Bros. theme park, and a
waterpark. Al Dana, the commercial hub of
Al Raha Beach will encompass relaxation,
a fine shopping destination, beautiful
residences, landmark buildings designed
by world renowned architects, and will
be easily accessible by water or land to Al
Raha Beach and greater Abu Dhabi. It is
already considered as a destination within
the destination of Al Raha Beach

Upcoming Events
Cityscape Abu Dhabi
13 – 15 May 2008

Cityscape Dubai
6 – 9 October 2008

Al Raha Beach Developments - Satellite View, March 2008


AL RAHA BEACH NEWSLETTER Issue 1 April/May 2008

CORPORATE INFORMATION

ALDAR Properties Holds AGM ALDAR’s Coconut Island to Boast Agreement with Zabeel
Wednesday 27th February, 2008 First Ritz-Carlton Managed Investments to Develop World-
ALDAR Properties PJSC (“the company” Property in the Nation’s Capital Class Links Golf Course
or “ALDAR”), Abu Dhabi’s first and leading Thursday 31st January, 2008 Saturday 19th January, 2008
property developer (ADSM: ALDAR),
held its Annual General Meeting today, ALDAR Properties PJSC, the renowned ALDAR, the renowned Abu Dhabi-
highlighting the company’s financial results Abu Dhabi property developer, based international property developer
to its shareholders and demonstrating today announced that it has signed a today signed a joint venture agreement
the success it has achieved in building a management agreement with The Ritz- with Dubai-based Zabeel Investments
strong platform to spear current and future Carlton Hotel Company, to launch the cementing plans to develop a links golf
developments first Ritz-Carlton property in Abu Dhabi. course on YAS Island. The signing took place
Coconut Island will bring a new level of during the Abu Dhabi Golf Championship
luxury to Abu Dhabi and is destined to be and was carried out by Mohammed Ali
one of the most exclusive developments Al Hashimi, Executive Chairman, Zabeel
in the region with its exceptional facilities Investments, and Ahmed Ali Al Sayegh,
and superb location Chairman, ALDAR Properties

ALDAR to make a splash at


TDIM - ALDAR to showcase Abu
Dhabi’s hottest new tourism
hubs at the first annual Tourism
Etihad in Joint Venture with Development Project and
ALDAR to open staff housing Investment Market expo
development Friday 18th January, 2008
Tuesday 12th February, 2008
ALDAR, the renowned Abu Dhabi-based
Etihad Airways is to open a purpose-built, international property developer, will be
new housing development close to Abu impressing the crowds with their huge
Dhabi airport to help accommodate its ALDAR Properties is Awarded and varied tourism developments at the
rapidly expanding workforce the ISO 9001:2000 Certification first annual Tourism Development Project
Wednesday 23rd January, 2008 & Investment Market (TDIM) being held at
the Dubai International Convention and
ALDAR’s Al Raha Gardens ALDAR, the renowned Abu Dhabi based Exhibition Centre from January 20 - 22,
international property developer, today 2008
reaches key milestones - 15 received its ISO 9001:2000 Certification.
million safe hours achieved; Issued by Vinçotte International Middle East
phase one is complete in Abu LLC, a leading international certification
body with Head Office in Brussels, Belgium,
Dhabi’s first freehold residential ALDAR has proven its commitment to
RICS Announce Regional
development quality improvement and maintenance by Version of International
Tuesday 05th February, 2008 meeting the international specifications in Standard Service Charge Code
its industry - ALDAR Properties to act as
ALDAR Properties, Abu Dhabi’s leading
integrated real estate developer, today UAE consultants - introducing
announced the successful completion
of the first phase of their residential
international standards in
community, Al Raha Gardens in Abu Dhabi. service charges to the Gulf
The first phase consisting of 280 villas Property industry
was entirely pre-sold and is now partially Wednesday 16th January, 2008
occupied. The company has also achieved
15 million safe hours at the site, with no ALDAR today announced that its ongoing
reportable accidents occurring partnership with the Royal Institute of
Chartered Surveyors (RICS), signed in
an MOU during 2006, will now result in
a localized version of the RICS Code for
managing service charges

ALDAR Signs Joint Venture

Al Raha Beach Developments - Satellite View, March 2008

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