BUSINESS NEWSLETTER - ISSUE #02 - JANUARY 2018 PAGE 2 HYDRA VILLAGE ZONE 8 PROGRESS THE LATEST ADDITION TO THE BUSTLING COMMUNITY OF HYDRA VILLAGE, ZONE 8 IS ON SCHEDULE AND WILL BE COMPLETED AND READY FOR HANDOVER BY APRIL 2018. PAGE 3 THE HANDOVER PROCESS : WHAT TO EXPECT PAGE 4 HYDRA VILLAGE COMMUNITY CENTRE INITIATION HYDRA VILLAGE WILL SOON SEE THE ADDITION OF A NEW, PURPOSE BUILT, COMMUNITY CENTRE. PAGE 5 HYDRA AVENUE PHASE 2 PROGRESS IDEALLY SITUATED ON REEM ISLAND AND CONSISTING OF 3 TOWERS, THE MUCH ANTICIPATED SECOND PHASE OF HYDRA AVENUE WILL BE COMPLETED BY 2019. PAGE 6 HYDRA AVENUE LOBBIES RENOVATION OFFERING THE FIRST IMPRESSION THAT THE DEVELOPMENT DESERVES, THE RENOVATED LOBBIES AT HYDRA AVENUE GIVE A WARM WELCOME TO OUR TENANTS THE MOMENT THEY WALK INTO THE BUILDING. PAGE 8 CARREFOUR OPENS A NEW SUPERMARKET IN HYDRA AVENUE TOWER, REEM ISLAND
PROGRESS OF HYDRA VILLAGE STEPS FOR HANDOVER PROGRESS OF HYDRA VILLAGE The latest addition to the bustling community of Hydra Village, zone 8 is on schedule and will be completed and ready for handover by April 2018. THE HANDOVER PROCESS : WHAT TO EXPECT 1. The final stretch to your new home in Hydra Village will begin with a final settlement notice and a welcome letter from our facility management partners. Summary of Construction Works Group A 309 Villas A. B. (Ready for finishing works) Engineering Progress AREA OF ENGINEERING SUBMITTAL Group B - 273 Villas (Is completed up to roof & is ready for finishing) APPROVAL PLANNED ACTUAL PLANNED ACTUAL Engineering of Subcontractor Shop Drawings 99.70% Material Submittal Notice: Engineering Percentages as per the Baseline Items. 99.80% 2. Once the final settlement is paid to Hydra Village Properties LLC, an NOC will be issued to allow you to schedule an appointment with the facility management company for snagging. 3. During your snagging appointment, you will be able to visit and survey your apartment. Be diligent with your survey, and point out inconsistencies or any cracks or functional problems with your apartment, so that we can resolve them before final handover. 4. Once the snagging is done, the final contents of the handover discussion with the facility management company and the transfer of water, electricity and cooling will take place. 5. At this stage your keys will be issued and handed over with the welcome kit. 6. Congratulations! You will soon be ready to take possession of your new home in Hydra Village. 2 3
Business Newsletter HYDRA VILLAGE COMMUNITY CENTRE INITIATION Hydra Village will soon see the addition of a new, purpose built, community centre. Facilities will include a swimming pool, squash court, gym, billiards club and a multipurpose hall for parties, aerobics & yoga. Ideally situated on Reem Island and consisting of 3 towers, the much anticipated second phase of Hydra Avenue will be completed by 2019. Type of Work 4 Complete Percentage 1 Enabling Works ( Shoring - Excavation) for all plots 2 Pilling for all plots 3 Waterproofing for all plots 4 Foundation / Raft for all plots 5 Podiums concrete Works for all C7, C8, and C9 (Vertical elements, Slabs, Ramps, Stairs) 6 C7 Transfer Slab 7 C8 Transfer Slab 8 C9 Transfer Slab 60% 9 Tower C7 Concrete at 18th Floor 50% 10 Tower C8 Concrete at 5th Floor 50% 11 Block Works for all podiums C7, C8, and C9 90% 12 Plaster Works for all podiums C7, C8, and C9 75% 13 Parking Painting Works C7 Podium-GF 30% 14 Parking Painting Works C7 Podium-2nd Floor 90% 15 Parking Painting Works C7 Podium-3rd Floor 70% 16 The delivery of Lift Materials 17 The delivery of FCU Materials 5
HYDRA AVENUE LOBBIES RENOVATION Offering the first impression that the development deserves, the renovated lobbies at Hydra Avenue give a warm welcome to our tenants the moment they walk into the building. Tower C5 Our residents feedback has been taken on board and all necessary improvements to the lobbies have been made. Tower C4 Tower C6 6 7
COMMUNITY NEWS CARREFOUR OPENS SUPERMARKET AT HYDRA AVENUE TOWER, REEM ISLAND Following recent store openings in Dubai and Abu Dhabi, Carrefour is pleased to announce the launch of its latest new supermarket at Hydra Avenue Tower, Reem Island, Abu Dhabi. The new supermarket will cater to the community of Reem Island, offering the quality and convenience that Carrefour has become globally known for. Customers will be able to choose from a wide selection of fresh and organic produce including fruit and vegetables, meat, poultry and fish. The store will also feature Carrefour s Deli concepts, including the fresh bakery, butchery and fishery, to meet its customers demand for freshness and high quality products. The store will have convenient opening times, daily from 7am to midnight, and will also offer local delivery service every day from 8am to 11:00 pm. Commenting on the opening of Carrefour at Hydra Avenue, Mohamad Al Habech, Chief Commercial Officer of Hydra Properties, said: With our focus on continuous improvement, we are delighted to announce our partnership with Majid Al Futtaim Retail. The introduction of Carrefour market to Hydra Avenue further builds on Hydra s All-In- Living concept. We anticipate that this collaboration will add value to both the community and the company. We look forward to bringing choice and the high quality that Carrefour is known for and to create great moments for residents of Hydra Avenue tower and the wider community of Reem Island. Our Carrefour supermarkets often become the beating heart of the local community they serve and we are in no doubt that our Hydra Avenue store will create real value for the people living around it. Miguel Povedano, Chief Operating Officer of Carrefour UAE at Majid Al Futtaim Retail, said. 8