UAE Focus

Abu Dhabi plans $15bn city district

Aldar Properties has announced plans for the construction of a new Dh54 billion ($15 billion) city district, which will stand to serve as the new gateway to Abu Dhabi.

“Work will start immediately in accordance with Aldar’s masterplan and development guidelines,” said Ahmad Ali Al Sayegh, chairman of Aldar Properties.
The new city district to be built on 6.8 million sq m is on reclaimed land at Al Raha beach along the Abu Dhabi to Dubai highway. The project will offer a total built-up area of 12 million sq m and include buildings ranging from 60 storeys high to low-rise developments. Once complete, the project is expected to accommodate a resident population of 120,000.
The new city district will be integrated with Khalifa Town ‘A’ and the recently completed Al Raha Beach Hotel by a road and related transport links.
The aim of the development will be to enhance Abu Dhabi’s natural wealth of water and beach frontage. “Maximising the water frontage at Al Raha beach, the new city will provide a lifestyle destination embracing residential, commercial, cultural, entertainment and public amenities,” he said.
Water taxi services will be provided to serve all parts of Abu Dhabi island as well as the outlying islands such as Saadiyat and the Abu Dhabi International Airport, thus providing a new means of urban transport for the city while also boosting tourism in the capital.