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Residential real estate in Abu Dhabi / continuous growth that supports urban development and quality of life

Abu Dhabi, 9 November / WAM / The real estate sector in Abu Dhabi is witnessing an increasing pace of development and growth, reflecting the emirate’s position as a leading investment destination in the region, driven by the flexible legislative framework, advanced infrastructure, and government initiatives that support ownership by citizens and investors.

New residential projects in the Emirate of Abu Dhabi continue their momentum through the development of integrated communities that take into account the highest standards of quality of life and keep pace with the aspirations of the emirate’s residents and their future needs.

Data from the “Emirates Unified Numbers” platform, which was launched on the sidelines of the annual meetings of the UAE government, showed that the percentage of citizens owning homes has risen to 91%, which reflects the stability of the real estate market and the country’s ability to meet the increasing demand for housing units, in addition to the continued growth in local demand.

In this context, government agencies and real estate development companies are continuing their efforts to enhance the housing supply and diversify real estate projects, by offering modern residential communities and integrated service facilities that include schools, nurseries, commercial centers, green spaces, and recreational facilities, as well as supporting local and foreign investments in the sector.

Engineer Mounir Haider, Executive Director of Jubail Island Investment Company and Managing Partner of Lead Real Estate Development Company, said in a statement to the Emirates News Agency, WAM, that the company continues to implement its strategic projects to support the housing supply in the Emirate of Abu Dhabi, noting that the Al Ain Residential City project is proceeding according to a specific plan to deliver 1,000 residential units designated for housing citizens by the end of 2028, with an investment value of about 3 billion dirhams, including infrastructure and villas.

He explained that the project reflects the commitment of Lead Real Estate Development Company to provide an integrated residential environment that meets the needs of citizens and keeps pace with Abu Dhabi Vision 2030 in supporting sustainable urban development.

He pointed out that the Jubail Island project has reached an advanced stage of delivery, and is close to completing about 60% of the 1,200 residential units, while some residents are actually living in these units, and it is expected that the delivery of all units will be completed during the first quarter of 2026.

He added that the project will provide, upon completion, an integrated environment that will accommodate between 6,000 and 7,000 residents, in addition to schools, nurseries, restaurants, offices, and green spaces, stressing the company’s readiness to launch the second phase of Jubail Island during the first quarter of the same year.

Engineer Haider stressed that Jubail Island will constitute one of the icons of real estate development in Abu Dhabi thanks to modern real estate laws and the support of the government and the private sector, pointing out that the great development in the emirate’s infrastructure contributes to creating an attractive investment environment that enhances the quality of life and supports sustainable growth.

In a related context, the Abu Dhabi Housing Authority and its partners in the real estate sector continue their efforts to enhance the housing supply by launching huge initiatives and projects that provide thousands of housing units for citizens in a way that ensures quality of life and social stability.

Among the most prominent are agreements to develop 13 residential communities that include more than 40,000 housing units and plots of land for citizens, at a total cost of up to 106 billion dirhams, including 25,244 housing units during the next five years, in addition to 14,876 plots of land.

The projects proposed by the authority in the Al Ain region included the Al-Nabagh residential project, which provides 2,400 homes, along with 1,000 homes in the Al-Dhaher residential project, and both projects are in partnership with the private sector, and 3 major government projects: Al-Amera Residential 1, which includes 2,350 homes, and Al-Aamra Residential 2, which provides 3,730 homes, in addition to the Mazid Residential Project, which provides 1,000 homes and is expected to be completed in the second quarter of the year. 2028.

The private sector continues its vital role in developing integrated residential communities, as Aldar Real Estate Group announced the development of a new residential complex in the Al Reeman project in Al Shamkha, which includes about 2,000 residential units to meet the needs of the rental market, in addition to 665 units for rent on Yas Island, as part of a series of projects with a total value of about 3.8 billion dirhams.

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