United Arab Emirates Procurement News Notice - 63577


Procurement News Notice

PNN 63577
Work Detail Residents of Bada Al Jubail will have access to Jubail Island’s amenities, JIIC noted Bada Al Jubail, a new exclusive beachfront gated community, has been launched by Abu Dhabi-based Jubail Island Investment Company (JIIC). The project is set to feature a limited number of mansions and various amenities including: bespoke yachts marina, yacht club, cycle tracks, and jogging paths, and is being developed at a cost of US $1.08bn. Plot areas on Bada Al Jubail will range from 2,000sqm to 6,000sqm with nine typologies of mansions ranging from 1,100sqm to 3,000sqm, said JIIC. A secluded island haven located within Jubail Island, Bada Al Jubail is nestled amid pristine beaches and crystal-clear waters and surrounded by an ecosystem of mangroves. Spanning over 446,000sqm of land with 8km of beach frontage, it is poised to house some of the capital’s most luxurious residential properties within a protected natural environment. “We are thrilled to unveil Bada Al Jubail, an island within an island, emerging as a unique private residential haven cradled by turquoise waters and lush mangroves. This prestigious stand-alone community caters to a discerning few who value unparalleled privacy and an elevated lifestyle, complete with state-of-the-art facilities, and enriching experiences,” said Mounir Haidar, Managing Director of JIIC. He continued, “Abu Dhabi has established itself as a premier destination for premier real estate, driven by many factors, such as robust economic growth, government investor-friendly policies, visa initiatives, freehold ownership options, and the increasing demand for properties in waterfront communities and exclusive branded residences, all of which cater to high-net-worth individuals.” Owned by JIIC and developed and managed by LEAD Real Estate Developer, Jubail Island will house six residential villages nestled among mangroves. The low density, low-impact landmark community will offer residents every convenience and amenity, seamlessly blending sustainable living, luxury, and wellness in an iconic new addition to Abu Dhabi’s real estate landscape, said a statement. Residents of Bada Al Jubail will have access to Jubail Island’s amenities, including private schools, beach club, retails destinations, restaurants, and 1.4m sqm of parks and open spaces, JIIC noted. Bada Al Jubail is due for completion by end of 2027, and is only a short drive from Downtown Abu Dhabi, offering a prime location with excellent connectivity options, it added. “Following the soft launch of Bada Al Jubail, which received an overwhelmingly positive response, and with the recent handover of the residential units on Jubail Island, homeowners are beginning to appreciate the island’s unique value proposition. This is attracting affluent buyers and investors seeking a unique blend of exclusivity, world-class amenities, and an investment opportunity in a growing and dynamic market,” stated Haidar. He concluded, “Bada Al Jubail redefines luxury living and contributes to Abu Dhabi’s ever-evolving real estate landscape, solidifying its position as the perfect choice for quality lifestyle, investment, and a gateway to Gulf and Asia. We are grateful for the continuous support we have received from Abu Dhabi government and all relevant authorities. Their role was vital in bringing Bada Al Jubail to life.”
Country United Arab Emirates , Asia
Industry Real Estate
Entry Date 04 Apr 2024
Source https://meconstructionnews.com/59435/jiic-unveils-1-08bn-bada-al-jubail-gated-community

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