Abu Dhabi is set to see a massive development project getting underway as the emirate’s Urban Planning Council (UPC) unveiled its new master plan for Al Reem Island, boasting 10,000 hotel rooms, 11 schools, a light rail transit system and accommodation for 210,000 residents.
The development will add to the impressive portfolio of offerings the emirate currently houses and is likely to set economic wheels in forward motion. The massive plan will create thousands of jobs during and after completion and give way to a better community lifestyle to the people of Abu Dhabi. It is also likely to attract a number of foreign investors to the master plan itself as well as the various economic sectors of Abu Dhabi.
Mohamed Al Khadar, executive director for Urban Development & Estidama Sector, UPC said the project would a boon for the emirate.
“This is a unique master development as it is being developed by three master developers. They were initially developing their phases on their own, but now we have developed a new integrated concept master plan with defines their boundaries and plans,” he said.
The integrated concept master plan covers a total area of 8.869 million square metres, with a total gross floor area (GFA) of almost 20 million square metres of which 1.442 million square metres GFA is allocated for office space, 873,576 square metres for retail (including Reem Mall), and 10,000 hotel and serviced apartment rooms.
The development will also have 11 private schools accommodating 20,000 students, six nursery/kindergarten centres, one university (Paris Sorbonne), three new private hospitals and a number of clinics, nine mosques, transit hub, and 500,000 square metres of parks and open spaces, including pedestrian promenades for the island’s coastline.
The plan is in alignment with Abu Dhabi 2030 Vision, making way for managed growth of the housing market, commercial offices and retail space in close proximity to the existing central business district on Al Maryah Island.
The plan was submitted by Bunya, incorporated by the island’s three master developers, Tamouh, Reem Developers and Aldar Properties, in December 2014, after working closely with the UPC and the three master developers over the past seven years to create the new plan. The UPC gave its nod on the proposal in April 2015.
Tamouh is developing 57 per cent of Al Reem Island, Aldar 20 per cent, and Reem Developers 20 per cent. Only 15 of the master development has been completed or is under construction since the launch of the master development in 2005, but now the island is home to 20,000 residents.