Page 54 - Magazine December 2020
P. 54

Contractors News
                                                                                                                                                                                                                Properties




                                                                                                                                       Aldar’s residential community ‘Noya’ sold out on first day

                                                                                                                                      Aldar Properties PJSC announced that Noya, its latest  from female customers, which represented 25%
                                                                                                                                      residential community in the heart of Yas Island, was  of female buyers. The master-planned residential
                                                                                                                                      sold out in four hours on the first day of the public  development is the first affordable townhouse and
             SIMI Contracting  LLC  was established in 2006, headquartered in the emirate of  Dubai,                                  launch, generating over AED 1 billion in sales, taking  villa community on Yas Island, with prices starting
             United Arab Emirates. Our core business  and  expertise  is in the construction and                                      the year to date sales to over AED 3 billion. The launch  at AED 1.49 million.
             maintenance of large-scale Roads and Infrastructure development projects.                                                of the 510-unit development demonstrates the strong

             Our company specializes in utilities & infrastructure development, construction &                                        interest in the Abu Dhabi real estate market for
             maintenance of roads and building construction (G+4), hard landscape, soft landscape &                                   premium products.
             irrigation system.                                                                                                       Located in an investment zone, Noya was open to
                                                                                                                                      customers of all nationalities, where 60% of end-
             SIMI Contracting expanded and turned into a group of companies: Simi Irrigation Systems                                  buyers  were  UAE  nationals  and  40%  were  non-
             Works  LLC  specializes in hard landscape, soft landscape  &  irrigation system, SIMIA                                   UAE nationals. Noya attracted a younger customer
             Technical Services LLC diversified to Maintenance and Technical Services, Faid Al Naam for                               base with 50% of buyers under the age of 45 and
             Fuel and Petroleum Products, General Trading, Diesel Fuel Trading, Refined Oil Products                                  20% under 30, representing the highest youth
             Trading and Agriculture and Animal Investment company.                                                                   penetration. The launch witnessed a strong turnout




























                            Office No. B2201 Latifa Tower Sheik Zayed Road, Dubai, UAE
                                    P.o. Box 126406, Dubai, UAE, Tel: 04-2364859
                                info@simi-contracting.ae | www.simi-contracting.ae




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