Abu Dhabi-based Aldar Properties is to award the main contract for its flagship golf and waterfront development Yas Acres in the second quarter of this year, Invest-Gate reports.

Yas Acres is an AED 6 bn project located on the northern part of Yas Island and will add 1,315 villas to the emirate. In total, Aldar currently has over 3,500 units under development at Yas Island.

Ansam and Al Hadeel at Yas Island and Al Raha Beach are entering into the final stages of development ahead of handovers in September 2017.