Yas Canal Residential Project Approved for Dh3.5 Billion in Abu Dhabi

Yas Canal Residential Project Approved for Dh3.5 Billion in Abu Dhabi

In a significant development for Al Raha Beach, the Yas Canal residential project has received approval from Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan. Valued at Dh3.5 billion, this project, overseen by the Abu Dhabi Housing Authority in collaboration with the Abu Dhabi Centre for Projects and Infrastructure and the ICT Real Estate Development Company, is set to redefine urban living for UAE nationals with 1,146 meticulously crafted residential villas. Scheduled for completion in the final quarter of 2027, this endeavor underscores the leadership’s unwavering commitment to enhancing the lives of Abu Dhabi’s Emirati families.

Read this also : Dubai Holding Announces Merger of Nakheel and Meydan: Sheikh Mohammed’s Vision for Economic Growth

Sheikh Khaled underscored the project’s significance as a testament to the leadership’s dedication to providing tailored, high-quality housing solutions that prioritize the well-being and quality of life of Emirati families, thereby fostering social stability crucial for the emirate’s sustained progress.

Read this also : Hudayriyat Island Villas: Abu Dhabi’s Newest Residential Haven

The ICT Real Estate Development Company is spearheading the project’s design, construction, and infrastructure, with the Abu Dhabi Centre for Projects and Infrastructure overseeing this public-private partnership. The management of the Abu Dhabi Housing Authority and the allocation of residential units to UAE nationals are jointly administered.

Read this also : Abu Dhabi Real Estate Market Surges: $23.7 Billion Transactions Recorded in 2023

Spanning 1.8 square kilometers, the Yas Canal residential project boasts a vibrant array of amenities, including 10,000 square meters of shops, three mosques, a school, and a gym, meticulously integrated with the residential villas. The villas, ranging from 600 to 780 square meters in plot size, offer three- to six-bedroom layouts, with living spaces ranging from 350 to 525 square meters.

Read this also : Dubai Investments Unveils Freehold Tower in Jumeirah Village Circle Worth Dh300 Million

Designed to cater to the housing needs of UAE nationals, the Yas Canal residential development extends accessibility through housing loans provided by the Abu Dhabi Housing Authority. Offering an eclectic mix of architectural styles, the project promises a harmonious blend of luxury, comfort, and functionality, setting new benchmarks in urban living standards.

Join The Discussion

Compare listings

Compare

Sign-Up Now