Wednesday 27 May 2020

Abu Dhabi plans to build $517m housing complex for Emiratis

ABU DHABI, July 12, 2019

The Abu Dhabi Housing Authority will develop an integrated housing complex at the cost of Dh1.882 billion for Emirati nationals.

The project in Al Falah, on the outskirts of the city, with 899 new residences is expected to be completed within three years and is set for delivery at the end of 2021.

The general plan of the housing complex includes integrated world-class public facilities, such as parks, schools, shops, medical centres and community centres, which are designed to be energy efficient.

The complex will also include a mosque that can accommodate nearly 2,000 worshippers, said the Authority.

The Authority and Al Dar Properties signed a contract to implement the project as part of the vision of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and on the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.

During the contract signing ceremony, Jabr Mohammed Ghanem Al Suwaidi, Chairman of the Board of Directors of the Abu Dhabi Housing Authority, said that achieving stability and providing appropriate housing for UAE citizens are top among the priorities of the country’s leadership due to its keenness to ensure welfare and happiness of the citizens.

Bashir Khalfan Al Mehairbi, Acting Director-General of the Authority, said that the authority is a major player in the housing market, thanks to its cooperation with public and private sector partners. The authority's efforts have resulted in increased availability of housing in the emirate, he added.-TradeArabia News Service


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