Abu Dhabi: Dh3.5 billion Yas Canal residential project approved – News
[ad_1]
Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, approved the launch of the Yas Canal residential project on Al Raha Beach. The Dh3.5 billion project will include 1,146 residential villas for UAE citizens and is being overseen by the Abu Dhabi Housing Authority in cooperation with the Abu Dhabi Infrastructure and Projects Center and 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 providing high-quality housing designed to meet the needs of Emirati families in Abu Dhabi, ensuring their overall well-being and quality of life and fostering social stability to support the continued development of the emirate.
The Yas Canal residential project is part of a public-private partnership, with ICT Real Estate Development Company leading the design, construction and infrastructure of the project, under the supervision of the Abu Dhabi Projects and Infrastructure Centre. Sales of residential units allocated to UAE citizens are managed in collaboration with the Abu Dhabi Housing Authority.
The Yas Canal residential project covers 1.8 square kilometers and includes villas, three mosques, a school and a gym, as well as various services and shops in an area of 10,000 square meters. The project offers villas with three to six bedrooms, from 350 to 525 square meters, on plots of 600 to 780 square meters.
The Yas Canal residential project offers UAE citizens with housing loans from the Abu Dhabi Housing Authority the opportunity to purchase villas within the development. The project offers a wide range of architectural designs.
[ad_2]
