UAE President Sheikh Mohamed bin Zayed Al Nahyan attended the unveiling of agreements to develop 13 new residential communities across Abu Dhabi, with a total investment valued at AED106 billion ($28.8 billion).
The initiative is set to provide more than 40,000 homes and residential plots for Emirati citizens. According to the agreements, the Abu Dhabi Housing Authority and the Abu Dhabi Projects and Infrastructure Centre (ADPIC), working in partnership with multiple developers, will oversee the construction of 25,244 housing units at a cost of AED94 billion ($25.6 billion) and 14,876 residential plots at AED12 billion ($3.3 billion).
The upcoming projects will be built to international standards and planned as fully integrated communities, featuring commercial centres, mosques, schools, public parks, green spaces, and sports facilities.
Sustainability, family stability, and overall wellbeing are central elements in the design of these housing communities.
Sheikh Mohamed emphasised that the launch underscores the housing sector’s significance as a national priority and represents a strategic investment aimed at building a stable, future-ready society.
He also highlighted the importance of close collaboration between government bodies and private-sector partners to ensure the creation of modern communities that deliver comfort, dignity, and social cohesion for Emirati citizens.
The announcement, held at Qasr Al Shati in Abu Dhabi, was attended by senior leaders including Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, along with several other members of the ruling family and government officials.
