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Al Qudra planning to launch 29m sq metre 'medical' oasis

DUBAI - Al Qudra Real Estate will be unveiling a mega development in Al Ain later this year, probably at Cityscape Abu Dhabi in May, the company's CEO and general manager, Victor Orth, said last week. The development is expected to take between 10 and 15 years to complete on a phased basis and its cost has not been revealed.

The Abu Dhabi-based real estate developer, with an asset portfolio topping $40 billion, is developing a health and wellness resort, at the foot of Jebel Hafeet.

Known as Ain Al Faydah it is a mixed-use community and a modern day oasis covering 29 million square metres.

The resort will comprise many different centres with a variety of medicines, treatments and therapies, including Diagnostic, Ayurvedic and Chinese medicine centres. There will be an oasis for anti-aging therapies, skin and plastic surgery and facilities catering for maternity and childcare as well as for old people. There will also be a post-graduate medical and paramedical centre.

There will also be 7,593 residential units along with commercial and retail outlets, extensive recreational facilities, and numerous hotels to cater for a variety of guests, Orth said.

Designed in the shape of the human eye, the iris will be the centre of the resort where the Oasis Park will be located. The park will cover 870,000 square metres and will contain a large azure lake so that, from the air, it will look like a blue iris.

There will be a wide variety of entertainment facilites, such as water and adventure parks and cultural activities.

The retail zone will include shopping malls, souqs, and garden centres.

Ain Al Faydah will require 12,300 staff and aims to attract 17,000 visitors at any one time, said Orth.

And because Al Ain is located equidistant between Abu Dhabi, a political and business hub, and Dubai, a trade and general business hub, the resort aims to appeal to visitors of both cities, he added.