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The next few years will see numerous development projects in
and around Abu Dhabi, which include luxury residential and resort
communities in the emirate’s coastal areas, shopping malls and
hypermarkets and low, mid to high-income residential communities within
the main island and the new self-contained communities. Developments in
neighbouring islands likewise engender the
construction of several infrastructure projects, mainly bridges, to
facilitate transportation and to encourage businesses and consumers to
invest in these properties.
The drive to make Abu Dhabi a prime tourist attraction not
only in the UAE but for the entire GCC and beyond is underwritten by
the creation of the Abu Dhabi Tourism Authority (ADTA), which is tasked
to promote the Abu Dhabi brand overseas, while overseeing
infrastructure development on the ground. A tourism development and
investment company has likewise been formed with a paid up capital of
$27.2 million, to aid in the construction of some 4,000 new hotel rooms
between 2007 and 2010, and another 13,000 rooms between 2010 and 2015.
Moreover, the much-anticipated completion of the Midfield Terminal Complex at the Abu Dhabi International Airport,
valued at a whopping $6.85 billion, by 2010 will eventually increase
the airport’s passenger handling capacity to 20 to 50 million
passengers annually, a significant increase from some 5.4 million
passengers in 2004.
Corniche and City Centre (2008-2011)
Abu Dhabi’s bustling Corniche Road
will continue to be developed in the intermediate future, with luxury
hotels and resorts as well as private residences targeted towards the
high-income group, and commercial towers, being built within its
vicinity.
The Khalidiya Rotana Hotel and Residences is an expected addition to the strip of establishments along Abu Dhabi’s
Corniche. The multi-purpose establishment would offer some 117 upscale
residential units, 108 office suites, and 436 hotel rooms, which are
expected to be available for occupancy in 2009.
One of the most anticipated projects in Abu Dhabi’s downtown area (on Khalifa St/Airport Road),
the Abu Dhabi Central Market, which is undergoing reconstruction. The
project will give rise to three towers for residential, commercial and
hotel functions. Some 300 hotel rooms, and approximately 200
residential units and 250 retail spaces would be available once the
construction is completed in 2008.
Another upscale mixed use project on the Corniche Road
is the Capital Plaza Development, where an estimated 240 offices and
220 luxury apartments as well as 250 hotel rooms would become available
upon completion in 2008. Another 265 rooms will be added to the
Corniche skyline when the Fairmont Abu Dhabi Resort and Villas is
completed also in 2008.
Furthermore, a mixed commercial and hotel structure is due to be completed at the Al Ittihad Square in downtown Abu Dhabi in 2009. The Stellar Tower will offer some 300 hotel rooms as well as a conference facility and exhibition centre.
Quite importantly, three new tunnels on Al Salam Street leading to the New Corniche Road
(East) have also been commissioned and due for completion in 2011,
which would ease traffic condition in this busy part of the metropolis.
The two major interchanges on Al Salam Street at the
intersections of Hazaa Bin Zayed St (a.k.a Difaá St) and the Sea Palace
are being designed to replace existing intersection configurations, an
initial step to upgrading the Al Salam St – Eastern Corniche Road into
a freeway as new major developments are being undertaken in the
vicinity of the Sheikh Zayed bridge and adjacent islands.
Further down along the Tourist Club Area, a new luxury
development is being built by the Khor Abu Dhabi Property Development
in partnership with the Abu Dhabi Tourism Development and Investment
Company. The Quay will feature 400 upscale residential units, two
20-storey office towers, a 620-room five-star hotel and 60 marina
berths.
Lulu Island,
which is directly opposite the Corniche, is also set to become home to
some 10 hotel and resorts, a conference and exhibition centre as well
as a number of residential villas. Completion date is set for 2010.
Al Reem Island (2009-2012)
Number of residents upon completion: 280,000
Number of household units: 40,000 to 50,000 (E)
Number of commercial and retail space: at least 5,000 (E)
Delivery dates: 2009 to 2012
Type of Project: Mixed Use
Property Ownership: Leasehold
Al Reem Island, located on the northeastern coast of Abu Dhabi,
will be home to an estimated 280,000 residents upon completion (in
2012) and will be connected to the main island by two to three bridges.
Besides residential, commercial and retail or mall spaces, the
633-heactare development will also feature hotels, spas, schools,
clinics and a golf course.
Approximately 40,000 to 50,000 residential units and over
5,000 retail and office spaces, as well as several hundred hotel rooms
and suites will be available at Al Reem upon its completion in 2012
(although early phases of the various sub-projects are forecasted to be
available sometime in 2009).
The Al Reem development is divided into four sub-projects
including Al Shams, Najmat (20 million sq ft), Marina Square (13.2
million sq. feet) and Addax Port.
Al Shams, the biggest component of the project, will occupy roughly 25
percent of the island’s land mass, where an expected 22,000 residential
units will become available between 2009 and 2011. The Gate, a
prestigious landmark comprising of eight towers, is part of the
100-tower development envisioned for Al Shams.
Najmat, on the other hand, is expected to accommodate some
80,000 residents, which translates to a conservative 16,000 residential
units (based on Abu Dhabi’s average household size of 4.9) and over 3,000 commercial units. Marina Square
will feature a collection of 14 high-rise towers, where 70 percent is
allocated for residents and 30 percent to businesses or retail outlets.
The much smaller Addax Port is a collection of five towers (four residential and one commercial).
Tamouh Investments owns 60 percent, Sorouh owns 20 percent,
and Al Reem Investments owns the remaining 20 percent of the Al Reem
development. A $100 million bridge project to connect Al Reem with the
main island is also underway. The Al Shams and Najmat projects alone
cost almost $15 billion.
Between Abu Dhabi City Center and Abu Dhabi International Airport (2007-2011)
Scheduled for completion in 2008, the Gate Development
features a major resort hotel that offers 265 rooms and 225 serviced
apartments, as well as retail and office spaces (about 215 and 205
units, respectively). The Gate is located on Al Khaleej Street next to the Zayed Sports City.
Another hotel (The Gulf Hotel Waterfront Resort) is due to open in 2008 from about 20 kilometers away from the Abu Dhabi International Airport. The hotel is to offer 250 rooms and 105 chalets.
A residential community, which is to offer 2,500 villas and
1,500 apartments on a freehold basis, is also expected to be completed
near the Abu Dhabi Airport
by 2009. The Al Reef Villas and apartments cost between $136,000 and
$354,000, which obviously target middle to high income residents as
well as families who prefer to live away from the city. Al Reef Villas
will feature schools, play areas, clinics and an undisclosed number of
retail or commercial units.
Expansion projects for the Abu Dhabi National Exhibition Centre (ADNEC) as well as for the Abu Dhabi International Airport,
which are due for completion in 2007 and 2011, respectively, are
expected to warrant a more aggressive growth in terms of leisure and
business travelers visiting Abu Dhabi in the next few years.
Abu Dhabi Airport
Another key mixed use development in Abu Dhabi mainland (along Airport Road)
is the Danet Abu Dhabi, which comprises five districts with 34
commercial and residential towers rising 15 to 23 storeys each. This
development will produce approximately 2,000 residential units for
middle to high-income residents and about 1,200 commercial units, and
is due for completion in 2009.
Al Raha Beach/Abu Dhabi-Dubai Highway (2007-2008)
The $14.7 billion Al Raha Beach Development, which is built on
a reclaimed area along the Abu Dhabi-Dubai highway facing the coast, is
due for completion between 2007 and 2008. Its forecast residents of
120,000 upon completion would require building up to 24,500 residential
units, which target both the upper middle income and high income
groups.
The Al Raha beach development, like any self contained city,
will feature commercial, retail and leisure districts as well as luxury
hotels, although the actual space or land areas allocated to these
activities have not yet been fully disclosed. Meanwhile an adjacent
development, Al Raha Gardens, is due to be completed in 2007 with some
1,388 villas that are targeted for high income residents.
Khalifa A & B, Khalifa City (2008-)
An enormous development stretching from Abu Dhabi’s inland
area of Bani Yas and Shawamikh all the way to some 30 kilometers off
the main city and close to the Abu Dhabi International airport is
currently being developed as the new “”residential suburb” in Abu
Dhabi. Khalifa A is on the main highway to Dubai adjacent to the Al Raha beach project while Khalifa B, is located farther inland. The new Khalifa City is situated between these two projects.
Residential apartments designed for middle to high income residents are already under construction in Abu Dhabi’s Khalifa City,
while some 600 to 700 residential units have already been built in
Khalifa A. A $136 million “new ministries complex project” which will
presumably house certain government agencies, is also being
constructed in Khalifa City, with completion date set for 2008.
Khalifa City is envisioned as Abu Dhabi’s response to Dubai’s prestigious Sheikh Zayed Road,
and will house not only residential and commercial establishments but
an undisclosed number of international hotel chains as well.
Mussafah (2007-2012)
Another new development whose completion date stretches until 2012 is underway in Abu Dhabi’s Mussafah district. The Mohammed Bin Zayed City,
which is believed to accommodate an estimated 50,000 residents upon
completion, is now undergoing construction, with budget for the project
pegged at a whopping $4 billion. Some 267 mid-rise residential and
commercial towers targeted at low-income earners are being built in the
area. With an average household numbering 4.9, the number of
residential units once this development is complete could reach up to
10,000.
Another major development in this area is Al Showayba City,
where an estimated 11,000 residential units are to be constructed. A
220-room hotel named “”Between the Bridges” is also to be built and
completed in 2007, between the Al Maqtaa and Al Mussafah bridges (near
Umm Al Nar).
Saadiyat Islands
With a development window stretching between 2009 and 2018, the development of Saádiyat Island, some 500 meters off the Abu Dhabi mainland, will be one of the most expensive projects to be undertaken in Abu Dhabi, with budget close to $27 billion. Obviously designed with the high-income group and holiday makers in mind, the Saádiyat Island
– upon completion – would be able to accommodate 150,000 residents
through some 38,000 apartment units and 8,000 luxury villas. This makes
Saádiyat the second biggest “new community project” in Abu Dhabi next
to Al Reem, in terms of prospective resident population.
A cultural district to feature some of the world’s most
recognized contemporary and art museums such as Guggenheim and Louvre
will be built on Saadiyat Island. Some 29 five-star hotels will also be built on the island, which together will add about 7,000 rooms to Abu Dhabi’s existing hotel industry. A $163 million bridge project to link the Sa’adiyat Island with the Abu Dhabi mainland (from the mina area) has also been commissioned and is expected to be completed in 2009.
Others
The Abu Dhabi
government is building “part three or segment three” of its Sheikh
Zayed bridge to the tune of some $80 million, to be completed in 2008.
A multi-function mall in the Mushrif area is also underway, to be
built by Al Qudra Real Estate. Mushref Mall will be one of the
highlights of Mushref Gardens, a unique commercial and residential comprising several low to mid-rise towers. Completion date for the Mushref Gardens, including the mall, has not been specified by the developer.
An eight-tower bachelor’s accommodation is also being constructed some 240 km west of Abu Dhabi,
between the Al Ruwais industrial complex and Jebel Dhanna. A new
headquarters for the Environment Research and Wildlife Development
Agency (ERWDA) is likewise being built adjacent to Abu Dhabi National
Bank in Al Muroor St. Al Gurm Resort, a premiere 161-room luxury hotel
with 59 exclusive villas is being built on the western coast of Abu
Dhabi, and will likewise be completed in 2008, although soft opening of
the much awaited hotel along with its restaurants and its upscale
boutiques is scheduled earlier.
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Project Name
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Location
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Completion Date
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WESTERN COAST
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Al Gurm Resort
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Coast Road within Abu Dhabi island
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2008
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NORTHERN COAST
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Al Reem Island – to accommodate up to 280,000 residents
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Located near the northern shores of Abu Dhabi
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2008/2012
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Al Shams (to occupy 25% of Al Reem)
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2009/2011
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Najmat - 20M sq ft (80,000 residents)
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2012
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Marina Square - 13.2M sq ft (70% residential and 30 % commercial)
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2009
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Addax Port (4 residential towers and one buisness tower)
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KHALIDIYA COAST
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Emirates Pearl Hotel and Resort
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Khalidiya coast, opposite Emirates Palace Hotel
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2009
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Khalidiya Mall (approx 925,000 sq ft)
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2007
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BETWEEN ABU DHABI CITY AND ABU DHABI AIRPORT
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The Gate Development
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Al Khaleej St next to Zayed Sports City
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2008
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Gulf Hotel Waterfront Resort
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20 km from the airport and close to the city centre
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2008
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Abu Dhabi National Exhibition Centre (ADNEC) expansion
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Situated just a short distance from the airport and city centre
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2008
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Abu Dhabi International Airport Expansion (ADIAE) - midfield passenger terminal
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Situated 32km (20 miles) east of Abu Dhabi
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2011
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Al Reef Villas (will include schools, play areas and malls) - freehold, costs range from $136K to $354K
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Near Abu Dhabi Airport
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2009
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Khalifa A City Development - residential apartments
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Located on main highway to Dubai and lies about 30 kilometers from Abu Dhabi
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2008
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New Ministries Complex Project
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Khalifa City
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2008
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AIRPORT ROAD
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Grand Mosque development - phase 2
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Located at the junction of Airport Rd & Zayed
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2007
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Danet Abu Dhabi - five districts with 34 commercial and residential towers (15 to 23 floors) + Holiday Inn Hotel
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Airport Road
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2009
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ABU DHABI – DUBAI HIGHWAY or COASTLINE
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Al Raha Beach Development - to accommodate 120,000 residents
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Abu Dhabi-Dubai Highway opposite Al Raha Gardens
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2007/2008
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Al Raha Gardens (villas) – freehold
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Adjacent to Al Raha Beach Development
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2007
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Al Raha Shopping Mall (350,000 sq ft)
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Abu Dhabi-Dubai Highway
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2007
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CORNICHE AND CITY centre
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Lulu Island Development
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Directly opposite the Corniche
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2010
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Khalidiya Rotana Hotel and Residences
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Corniche
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2009
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Abu Dhabi Central Market
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Intersection of Khalifa St and Airport Road, between Hamdan & Khalifa Sts.
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2008
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Capital Plaza Development
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Located on the Corniche Rd
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2008
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Fairmont Abu Dhabi Resort and Villas
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Breakwater island development
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2008
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Landmark Tower
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Seafront location
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2009
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Stellar Tower Building
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Al Ittihad Square, Abu Dhabi
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2009
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Three New Tunnels - Al Salam Street
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The New Corniche Road East, near Port
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2011
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Al Wahdah Mall
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2007
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The Quay
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Tourism Club Area
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n.a.
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SAADIYAT ISLAND
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Saadiyat Island Development (SID) - to accommodate over 150,000 residents)
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500 meters off the coast of Abu Dhabi island
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2009/2018
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New bridge (linking Saadiyat Island with Abu Dhabi island)
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500 meters off the coast of Abu Dhabi island
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2009
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MUSSAFAH
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Sheikh Mohammed Bin Zayed City Project (to accommodate 50,000 residents, featuring 267 mid-rise residential and commercial towers )
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Mussafah
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2008/2012
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Al Showayba City
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Mussafah
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Between the Bridges Hotel
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Between Al Maqtaa and Al Mussafah bridges (Umm Al Narr)
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2007
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OTHERS
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Bachelors' Accommodation Al Ruwais (eight towers)
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Al Ruwais Industrial Complex and Jehel Dhanma
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Environmental Research and Wildlife Development Agency (ERWDA) HQ
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Adjacent Abu Dhabi National Bank in Al Muroor Street
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2008
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Mushref Mall
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Mushref Gardens/Mushref
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Sheikh Zayed Bridge Project - part 3
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Between Abu Dhabi island and mainland
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2008
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Source: Madar Research, Gulf Construction and other news websites
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AL AIN
Ain al Emarat, a residential community built around a golf
course and which could accommodate 120,000 residents upon completion is
being built by Al Qudra Real Estate. A 10 square kilometer industrial
complex, due for completion in 2008, is also being built in the city.
In terms of infrastructure, an upgrade of the busy Dubai-Al
Ain road is underway. Two lanes will be added to the two-lane
carriageway extending from the Al Hilli Roundabout to Al Faqaa at the
border with Dubai. Six of the eight underpasses along the 53-kilometre
carriageway will be widened, while two will be replaced. The two
overhead bridges near Al Faqaa will likewise be reconstructed.
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