The UAE-based company, which operates over 375 showrooms across 13 countries, will invest NZ$75 million to establish its presence in New Zealand
business1 day ago
Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has approved the launch of the Yas Canal residential project in Al Raha Beach. The Dh3.5 billion project will include 1,146 residential villas for UAE Nationals and is being overseen by the Abu Dhabi Housing Authority in cooperation with the Abu Dhabi Centre for Projects and Infrastructure and the ICT Real Estate Development Company. Completion is expected in the last quarter of 2027.
Sheikh Khaled highlighted that the residential project reflects the leadership's commitment to offering high-quality housing tailored to meet the needs of Emirati families in Abu Dhabi, ensuring their overall wellbeing and quality of life and fostering social stability to support the emirate's ongoing development.
The Yas Canal residential project is part of a public-private partnership, with ICT Real Estate Development Company leading the project's design, construction and infrastructure, under the supervision of the Abu Dhabi Centre for Projects and Infrastructure. Sales of residential units allocated to UAE Nationals are managed in partnership with the Abu Dhabi Housing Authority.
The Yas Canal residential project covers 1.8 square kilometres and includes villas, three mosques, a school and a gym, along with various amenities and shops over an area of 10,000 square metres. The project offers three to six-bedroom villas, ranging from 350 to 525 square metres, on plots ranging from 600 to 780 square metres.
The Yas Canal residential project offers UAE citizens with housing loans from the Abu Dhabi Housing Authority the opportunity to buy villas within the development. The project offers a diverse range of architectural designs.
ALSO READ:
The UAE-based company, which operates over 375 showrooms across 13 countries, will invest NZ$75 million to establish its presence in New Zealand
business1 day ago
The market registers approximately 14,238 transactions, marking a significant 23 per cent increase compared to January 2024
business1 day ago
Barring any unexpected geopolitical events, gold could see a temporary pullback before resuming its broader uptrend
business1 day ago
High demand reflects the growing appetite for residential units in the project
business1 day ago
Skyloov attracts 2.7 million monthly visitors since its October launch
business1 day ago
Appknox to reinforce mobile application security with AI-powered innovations in the GCC
business1 day ago
Prime Minister Modi is to co-host an artificial intelligence summit in France from February 10 to 11, which Altman is expected to attend
business1 day ago