JIIC awards contract for first phase of villas on Jubail island development to Arabian Construction Company
The $1.36bn Jubail Island development will be an idyllic collection of villages located between Yas Island and Saadiyat Island, JIIC said
The Jubail Island Investment Company (JIIC) has awarded Arabian Construction Company (ACC) the contract for the first phase of 300 villas of the Jubail Island development, which is being led by master-developer LEAD. The move is billed as a landmark step towards bringing luxury living allied with pristine natural beauty to the heart of Abu Dhabi.
The villas to be built in phase one represent the first move towards creating a low-density project offering three to six bedroom villas on vast land plots from 1,300-to-6,000 sqm. The next construction phases of the project will be announced in due course, JIIC said.
The contract award is said to have been driven by the pre-sales achieved to date.
With 60% of infrastructure already completed, the ground-breaking can proceed this month on the project’s first phase of modern and Mediterranean-inspired villas on the Jubail Island development, which is due for completion in the fourth quarter of 2023, the statement explained.
“We are delighted to partner with Arabian Construction Company to build the first phase of this iconic and unique development to discerning homeowners, which is located right in the heart of Abu Dhabi. Their reputation and expertise allied with a proven track record of delivering to the highest quality standards on time are a perfect fit with our own meticulous approach to excellence. We have assembled a world-class design, consultancy and construction team including Ramon Esteve Estudio, EHAF, SHH and WSA, which will deliver unrivalled luxury and premium community living, with a low-impact and low-density settlement footprint that was created in mind to cater for Emirati lifestyle preferences,” said Mounir Haidar, managing director of Jubail Island Investment Company.
The development is taking shape amidst Jubail Island’s mangrove park and is said to underscore the developer’s commitment to social responsibility and sustainable living.
The masterplan is expected to be home to more than 5,000 residents and will spread over more than 45m sqm, and features restaurants, a beach club, business centre, sports facilities, schools and nurseries, as well as a community club, and specialised clinics. The development is expected to become an iconic, signature destination for the community of the capital, JIIC said.
“With construction underway, the first tranche of 300 villas on Jubail Island will be ready by the fourth quarter of 2023 and we are pleased that our vision to offer unparalleled natural beauty and quality of lifestyle in one unique development is one step closer to realisation. We are positive that Jubail Island will be the most sought-after residences in the capital and we look forward to making more exciting announcements about this wonderful project in the future,” Haidar added.
ACC group chairman Ghassan Merehbi concluded, “We are delighted that JIIC has selected ACC to deliver the first phase within the Jubail Island community. This marks another quality residential project, demonstrating ACC’s strength and core competency in the building sector.”
