Page 55 - Magazine December 2020
P. 55
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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