Tuesday 17 September 2019
 
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HIGH-END PROPERTY, OFFICE PARK

Abu Dhabi JIIC awards enabling works for $1.4bn Jubail Island

ABU DHABI, May 19, 2019

Jubail Island Investment Company (JIIC) has signed up Gulf Contractors Company to carry out enabling works for its Dh5-billion ($1.36 billion) Jubail Island launched recently in Abu Dhabi.

Enabling works entail major earthworks and grading of the site, ahead of the installation of infrastructure such as roads, utilities, and other facilities. These are scheduled for completion in January 2020, said the statement.

For this significant contract, over 2.5 million cu m of material will be excavated and placed to create the formation level for over 40 km of roadways and more than 800 residential properties, it added.

In developing the grading plan for the community, the design team optimised the distinctive features of the site, such as the hills at the north and west ends of the development to enhance the overall character of the property, as well as maximise expansive views of the waterfront and downtown skyline.

Mounir Haidar, the managing director of JIIC, said: "We are delighted to announce the appointment of the contractor for enabling works which are slated for completion in early 2020."

Poised to become Abu Dhabi’s most sought-after residential sanctuary for wellness and nature enthusiasts, Jubail Island spans 400 hectares and will comprise a mix of serviced plots, high-end and mid-range properties, as well as retail, office park and F&B (food and beverages) outlets.

Set to feature six investment zone villages – Marafaa Al Jubail, Nad Al Dhabi, Seef Al Jubail, Ain Al Maha, Souk Al Jubail and Bed’a Al Jubail, Jubail Island is strategically located between Yas Island, Saadiyat Island, and Abu Dhabi city.

"Offering housing, commercial, leisure and freehold investment opportunities for Emiratis and expatriates is a central planning element for Jubail Island and today’s announcement confirms the timely delivery of the newly launched project in conformity with leading construction and environmental standards," he noted.

Haidar said: "Jubail Island will include wildlife preservation areas and other conservation zones, complementing an elegant residential and commercial setting in a low-density community."

"This unrivalled combination will contribute to shaping a premier investment destination in the capital city of Abu Dhabi," he noted.

As an attractive investment zone at a 10-minute distance from downtown Abu Dhabi, Jubail Island offers easy access to several key attractions in the UAE capital and is only a 50-minute drive from Dubai Marina, he added.

With a Pearl rating from Abu Dhabi’s Estidama certification system, the project is also set to significantly enhance the island’s natural ecosystem through planting new mangrove forests, as well as adding extensive canals and other new marine habitats that will be home to migratory birds, fish populations, sea turtles, and gazelles.

The development will also boast generous outdoor areas and include parks, hiking paths, kayaking stations and cycling routes for nature lovers and water sports enthusiasts.-TradeArabia News Service




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