UAE President Shaikh Mohamed bin Zayed Al Nahyan attended the announcement of agreements to develop 13 new residential communities across the emirate of Abu Dhabi.
The projects aim to provide more than 40,000 homes and residential plots for Emirati citizens, with a total cost of AED106 billion.
The agreements, signed by the Abu Dhabi Housing Authority and the Abu Dhabi Projects and Infrastructure Centre (ADPIC) with several property development companies, include the construction of 25,244 housing units for Emiratis over the next five years, at a total cost of AED94 billion.
In addition, approximately 14,876 residential plots will be developed at a cost of AED12 billion.
The developments are designed to create fully integrated residential communities and neighbourhoods for Emiratis, offering a full range of essential services, community facilities and recreational spaces. These will include commercial centres, mosques, schools, public parks, green areas and sports facilities, all carefully planned to meet sustainability goals, respond to citizens’ needs and foster family stability and wellbeing across the emirate of Abu Dhabi.