On Underdeveloped Jubail Island, Abu Dhabi Plans a New Megaproject worth Dh5 Billion
The UAE is known across the globe for its rising skyscrapers and colossal malls. However, UAE’s recent major development has been intentionally designed as an alternate to the urban village.
Jubail Island, which is between Saadiyat Island and Yas Island in Abu Dhabi, is to be changed at an predicted cost of Dh5 billion, as per the announcement made on Monday. It is projected that within four years, the presently Spartan setting would become home to 5,000 to 6,000 residents, who would be living across six newly-constructed ‘villages’.
While a trend of dropping rents may indicate an abundant supply of homes in the capital already, developers’ claim that their plans would offer something different, not just in Abu Dhabi but for the whole nation.
The island would maintain the heights of buildings strictly regulated, with no villas being higher than 15 meters. A series of other aspects, such as landscaped walkways and cycle paths, have been constructed to attract nature and fitness enthusiasts.
Richard Russell, chief operations officer at the Jubail Island Investment Company (JIIC) stated that it’s everything that the UAE skyscraper image isn’t. It would be very unique the way it’s been set and merged with the environment. There’s wellness, creativity, discovery, and activities, it’s not a downtown urban development.
The first plots for homes would be available for handover from the beginning of 2021. Mr Russell stated that, with new residents free to build their own homes as long as they fit certain criteria, such as a maximum heights and using officially agreed building materials. Also, new residents could pay developers to build a home for them, by choosing from several designs.
Plots would range from 1,500 to 5,000 square meters, which would be home to villas of between 300 and 1,200 square meters. Overall it is planned that 800 homes will be constructed, along with two schools, sport centers, a beach club, six mosques, a town centre, apartments, a hotel and office space. There are also plans for shops even though it won’t be in a mall development, but rather built along a high street. Expats, as well as Emiratis, would be eligible to purchase the properties.