January 2015 Issue Hydra Avenue Handover & Updates

Welcoming

2015Hydra Properties starts the handover of units within its iconic Reem Island flagship development- Hydra Avenue

Page 4 - Hydra AvenueFlagship Development on Reem Island

Page 6 - SpotlightCommunity Features

Page 8 - FocusCommunity and Facility Management

Page 10 - UpdateHydra Village to have community and retail centres

Page 11 - Go GreenHydra’s green initiative

o all Hydra stakeholders, residents and investors:

At Hydra, we don’t just develop properties, because people aren’t just buying a place to live anymore. They’re buying into a lifestyle, which includes a place to live.

That’s why a Hydra home is not just a home but an extension and reflection of its residents’ lifestyle, personas and needs. Building on the concept of All-In-Living, Hydra strives to build communities that are holistic and self-sustaining. By creating an environment that enables residents to enjoy invigorated lives, we hope to offer a place where residents can easily balance work, play, community and family life.

With this goal in mind, we will be delivering on our promise to hand over unique lifestyle properties in Phase 1 of Hydra Avenue this year. With the phase completed, we will begin the snagging process shortly.

As the Hydra Avenue handover becomes imminent, our team has been working hard to ensure that residents will enjoy a smooth handover. It is with great pleasure that I announce the assignment of Three60 Communities as the property and facilities management company for Hydra Avenue Towers – City of Lights. Three60 Communities brings with it a wealth of expertise and professional depth from their experience managing Reem Island. With this affiliation we hope to achieve the best possible handover process for our customers and give them the best service available to settle into their homes in Hydra Avenue.

I would like to thank the entire team at Hydra for the great effort they’ve all made in bringing us this far, and for the tremendous dedication and enthusiasm that they display every day as we look to future.

Warm regards,

Ali Saeed Bin SulayemCEO, Hydra Properties

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A message from the Chief Executive Officer

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Hydra Avenue Towers comprises six towers, each up to 29 storeys high. The towers are grouped in two clusters of three and will stand as a complex of buildings in the City of Lights development. The six towers are designed over a five-floor podium that houses a wide range of restaurants, shops, as well as facilities and amenities.

Well connected, the towers have easy access to Abu Dhabi International Airport, which is 20 minutes away, most of Abu Dhabi’s malls, as well as supermarkets, cinemas and banks.

Local Amenities

Shopping Malls Hydra Avenue Towers is in close proximity to a number of Abu Dhabi’s shopping centres including Marina Mall, Galleria Mall, Abu Dhabi Mall, Al Wahda Mall and Khalidiya Mall. Boutique Mall, on Reem Island, is also easily accessible. Supermarkets The two largest supermarket brands in Abu Dhabi are Carrefour and Lulu and both can be found located within the shopping malls. Smaller supermarkets, selling a wider range of international brands and food items, including Spinneys, Waitrose and Abella, are also available.

Banks There are many banks in Abu Dhabi, both local and international. The main international banks are HSBC and Barclays. The main UAE banks are National Bank of Abu Dhabi, Abu Dhabi Commercial Bank, Al Hilal Bank and First Gulf Bank. The local banks have many branches and ATMs located throughout Abu Dhabi and the international banks have one main branch, each in downtown Abu Dhabi.

Cinemas All cinemas are located within the malls and the main cinemas are Grand Cinemas, Vox Cinemas and CineRoyal Cinemas.

Mortgage Partners

“Mortgage with interest rates as low as %3.99*”

ADCB is our preferred banking and mortgage partner. In order to arrange for a meeting or for further information on getting mortgages, EMIs and offers, please contact one of the dedicated personnel below.

Ms. Nahed Sahebi +971 50 5119636 nahed.s2@adcb.com

Mr. Abdul Qayoom +971 50 5653037 abdulq.ext@adcb.com

Mr. Ihab Adil +971 55 6044245 ihabashry.ext@adcb.com

*Terms and Conditions apply

OUR FLAGSHIP DEVELOPMENT ON REEM ISLAND

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Dear Reader,

In everything we do at Hydra Properties, we try to embrace the philosophy of improving the lives within our communities by enhancing our products and our services. In short, we aim to do better - from re-aligning all our strategies, right from business processes and internal procedures to restructuring, and resource management, Hydra is continually placing the purpose at the heart of the business model.

As we are currently noticing a softening in investor sentiment, it is welcomed as it dampens down the sharp increases to date and it puts the market at a healthier level considering the economy overall is still strong with few new residential projects coming online in Abu Dhabi and strong government spending in all sectors.

Considering the above and the ever changing market conditions, we strive to execute the new initiatives that are in the pipeline. Our goal at Hydra is still to meet the demand for conveniently located properties in vibrant communities by delivering lasting value for loyal investors and end users. In all our collaborations, be it with partners or customers, our attention is on mapping critical actions that will enable us to continually raise the bar, to develop better projects.

Warm regards,

Mohamad Al Habech Chief Commercial Officer, Hydra Properties

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Location

Plot No.

Plot Area

Usage

Measure of use

Number of units

Number of parking spaces

Abu Dhabi - Reem Island

Zone RT - Sector 3 - Plots C4, C5, C6, C7, C8 & C9

25,744.85 sqm

Mixed Use (Residential & Retail)

( 6 Towers ) 1B + Ground + 5 Podium + ( 24-29 ) Floors

2,292 Apartments & 39 Townhouses

2,528 Parking Spaces

SPECIFICATIONS

A message from the Chief Commercial Officer

Hydra Avenue Towers has been planned and designed with convenience, comfort, durability and style in mind. Sweeping views, intuitively designed rooms with convenient TV, Internet and phone connection points, and attention to detail in the finishing of kitchens and bathrooms, are among the many features that owners and tenants can look forward to. A comprehensive list of Hydra Avenue Towers’ features, amenities and specifications is given below.

Apartment Features • Uninterrupted panoramic views of Abu Dhabi

or the Arabian Gulf• Centrally air-conditioned• Satellite TV and telephone connection points • Living and Dining • All rooms feature double glazed windows • Ceramic tiled floors throughout with porcelain

floors in living • Painted plastered walls

Kitchen• Granite countertops • Fitted kitchen with cabinets, counter tops,

kitchen hood with space and hookup provision for washing machine, cooker and refrigerator

• Porcelain tiled floors • Ceramic walls • Laminated kitchen cabinets

Bathroom Features• Floor / Wall ceramic tiles• Shower over the bath • Standard sanitary ware • Standard sanitary fittings and accessories• Mirror • Threshold

Environment • Lobby with a concierge desk• Marble floors in lobby and corridors • Landscaped podiums • Gym • Swimming pool • Social rooms • Running track

FEATURESSpotlight 3

Towers29Storeys

5Floor Podium

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Up to

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“ This is a very exciting and busy time for my team and I. In the next few weeks, all engineering works will be finalized and approvals will be issued to start the handover process. As the snagging process gets under way and people take possession of their new homes, we will continue to work closely with both the contractor and authorities to ensure a smooth handover process tailoring our services to meet residents’ requirements.

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The final stretch to your new home in Hydra Avenue will begin with

a final settlement notice and a welcome letter from Three60 Communities, our facilities management partner.

Once the final settlement is paid to Hydra Properties LLC, an NOC will be issued to allow

you to schedule an appointment with Three60 Communities for snagging.

During your snagging appointment, you will be able to visit and survey your apartment. Be

diligent about your survey, and point out inconsistencies or any cracks or functional problems with your apartment, so that

we can resolve them before the final handover.

Once the snagging is done, the final contents of the handover discussion with Three60

Communities and the transfer of water, electricity and cooling will take place.

At this stage your keys will be issued and handed over with the welcome kit.

Congratulations! You will soon be ready to take possession of your new home in Hydra Avenue.

THE HANDOVER PROCESSWHAT TO ExPECT

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Eng. Ali El YousfyEngineer, Hydra Properties

Eltizam Asset Management Group is a strategic asset management company that delivers integrated services effectively, giving our clients a new definition of asset management.

We provide property management, facilities management, energy management and sales and leasing services through a number of specific market leading companies (Three60 Communities, Tafawuq Facility Management, RE/MAx).

We leverage our expertise and that of our partners in order to benefit the development’s investors, homeowners and commercial occupants.

The end goal for us, as asset managers, is that all stakeholders are comfortable and safe and that their asset is maintained to the highest standards.

Three60 Communities is a subsidiary of Eltizam Asset Management Group.

FOCUS ONCOMMUNITY AND FACILITY MANAGEMENT

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Chris Roberts Executive Director

Eltizam Asset Management Group

Imad Namrawi Operations Director / Real Estate

Three60 Communities

Here at Three60 Communities we are

overjoyed at becoming the first community

managers within the electrifying City of Lights

development. Being the first is an integral part

of our work culture here at Three60, because

it means that we have the experience needed

to facilitate our resident’s handover procedure

as smoothly and effortlessly as possible. Our

clients’ trust and goodwill in us is reciprocated

tenfold by our ongoing commitment to provide

and develop the safest and most engaging

community possible.

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We at Eltizam Asset Management Group, as well as our subsidiariesThree60 Communities and Tafawuq Facility Management are tremendously proud of our association with Hydra Properties and the confidence they have entrusted in us to ensure the smooth handover of Hydra Avenue, along with guaranteeing the continued and top caliber facility and community management responsibilities it entails.

Eltizam aims to develop critical expertise and integrated services in order to provide our clients with a renewed expectation of what an asset management company is capable of.

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We are a motivated and experienced team of professionals focused on fulfilling the requirements of the communities we manage.

We are more than just a standard community management group; we go above and beyond with our property management solutions, positioning us as leaders in the industry.

As our name suggests, Three60 Communities provides turnkey solutions and we pride ourselves on offering a full spectrum of community and property management activities, with the dual objective of preserving and enhancing our clients’ assets.

Tafawuq Facility Management coordinates and oversees the maintenance of all facilities that fall within the remit of the properties that we manage. Our integrated facilities solutions are delivered with professional enthusiasm, setting us apart as specialists in the industry as a subsidiary of Eltizam Asset Management Group. We have assembled a team of technically competent and experienced technicians in all aspects of facilities management. Combined with our technical knowledge, our experience puts us in the unique position of providing the very best facilities management solutions.

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“Stuart WaddellOperations Director / FM

Tafawuq Facility Management

Both myself, and those working here at Tafawuq

Facility Management are extraordinarily happy

to be associated with Hydra Properties and with

the magnificent Hydra Avenue development.

The team of professionals at Hydra Properties

have endorsed our capabilities to their full

extent, and it is both our privilege and honour

to return that favour by providing the very

best facility management possible. We here at

Tafawuq Facility Management look forward to

building a lasting and successful relationship.

Work has begun on the Hydra Village Community Centre, which we hope will be one of many initiatives that go toward creating an all-inclusive and self-sustaining environment in the community. Here’s a little sneak peek at the Community Centre plans – it will house a pool, dynamic gymnasium, squash courts, a billiards and snooker hall, and a flexible multi-purpose hall for hosting events, parties and classes. In addition, a retail

area is planned in order to satisfy all your all-in-living needs.

Watch this space for more information on the Community Centre!

UPDATE

HYDRA LAUNCHES NEW FACILITIES IN THE VILLAGECOMMUNITY CENTRE AND RETAIL SPACE TO BE OPERATIONAL 2ND QUARTER 2015

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Hydra Village is going green in a big way with the introduction of a Green Heart in its outdoor community play area. Green Heart has six gym stations, all of which are family-friendly and meet public health standards. It also serves as a wonderful tool to encourage community members to stay fit and work out.

HYDRA VILLAGE GETS A GREEN HEARTECO-FRIENDLY OUTDOOR GYM PROMOTES PUBLIC HEALTH BY ENCOURAGING ACTIVITY AND FITNESS

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The Green Heart is just one of the many steps that Hydra is taking to make Hydra Village a healthy, happy and engaged community. In addition to creating a playground where children of all ages can play, have fun and enjoy themselves, we have begun the rollout of our community landscaping. The move brings some welcome greenery to the community. The long-term plan is to create a pedestrian-friendly community, where families can spend time outdoors, and children can play in the community gardens and outdoor playgrounds.

We’d like to thank owners and residents for their patience as we continue to develop Hydra Village, making it the perfect place to call home.

All owners / residents of properties in Hydra Village are requested to renew their annual service charges with Khidmah Property and Facility Management to ensure uninterrupted servicing of your home as well as the communal areas around it.

Please contact 800-KHIDMAH for more information

Get your paperwork in orderIn order to register, renew or make changes to contracts or documents relating to your Hydra Village property, please visit the Hydra offices. At our offices, we will be able to help you with the following:

1. Renewal of Tawtheeq contracts2. Registration in the Land Department at Abu Dhabi Municipality for Tawtheeq, if this

hasn’t been done yet3. Transfer of water and electricity meters to occupants’ names to avoid unwanted

charges, if this hasn’t been done yet

Our customer service team looks forward to helping you with any queries and concerns you may have.

IMPORTANT FACTS YOU NEED TO KNOW!

CONSTRUCTION UPDATES

P.O.Box 62162, Abu Dhabi, UAET: +971 2 6581898F: +971 2 6677660800 - HYDRA (49372)www.hydraproperties.com