Jubail Island Investment Company has broken ground on the first phase of $1.36bn (AED5bn) Jubail Island development’s villas in Abu Dhabi.

The latest move follows the appointment of Arabian Construction Company (ACC) for the construction of first phase of villas in March this year.

Located between Yas Island and Saadiyat Island, Jubail Island development will be an idyllic collection of villages and will be home to more than 5,000 residents.

Spanning more than 45 million m2, the luxury project will include a beach club, a sports centre, restaurants, schools, supermarkets, nurseries, a community club, specialised clinics as well as other commercial establishments.

The Phase I will include construction of 300 modern and Mediterranean-inspired villas ranging from three to six bedrooms on land plots from 1,300m2 to 6,000m2.

Approximately 60% of the roads and infrastructure of the first phase has already been completed.
The first tranche of Phase Ivilla construction on Jubail Island is planned to be completed in the fourth quarter of 2023.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Jubail Island Investment Company managing director Mounir Haidar is quoted in Zawya saying: “This ground-breaking ceremony for Jubail Island projects demonstrates confidence, credibility, and gives our customers the trust that the project will be completed on time.

“Once completed, Jubail Island will be an important addition to the real estate landscape in Abu Dhabi.
“We are proud to be part of this development and we aim to achieve the highest standards in terms of sustainability and in terms of a lifestyle for future customers and residents.”

———————————————————————————————————————

Jubail Island Investment Company breaks ground on first phase of Jubail Island development in Abu Dhabi. Credit: Hands off my tags! Michael Gaida from Pixabay.