‘The Souk’ has been unveiled by real estate development firm Lead Development. Taking shape on Jubail Island, the destination will serve as a modern and vibrant central hub connecting the six villages across the island, and will combine wellbeing, connectivity, leisure, retail and commercial services.
According to Lead, The Souk will capture the essence of community life on the island and is the perfect haven to enjoy a relaxed lifestyle with family and friends, through sports and wellbeing activities across the parks, swimming pools, sports facilities and play areas for children.
The Souk’s prime location will also provide increased connectivity to other destinations on the island, such as Jubail Mangrove Park, Jubail Beach Club, and the Marina, the developer pointed out.
In early June 2022, JIIC awarded a $11mn contract to APCC for a new 66-berth marina in Marfa Al Jubail.
“The launch of The Souk community brings another unique addition to Jubail Island, through which we seek to integrate a high-quality and sustainable way of life for residents and visitors alike to experience. Thanks to its prime location situated at the main gate of Jubail Island, and containing all the convenient elements for living, work and entertainment, The Souk will be a major destination that redefines the living experience for residents of the island,” said Mahmoud Dandashly, Chief Business Officer of Lead Development.
The hub is to boast an integrated set of service and entertainment facilities with designs that blur the boundaries between architecture and nature, guaranteeing absolute comfort and convenience for residents. It will include a mosque, nursery, specialised clinic, sports gym, supermarket, and restaurants. Located at the town centre, The Souk will also provide offices and commercial services with creative spaces, the statement explained.
The developer added that The Souk will offer complete enjoyment and luxury living, and gives the island’s residents the opportunity to own a property in a vibrant destination situated among breathtaking nature, overlooking picturesque sea views and with the convenience of first-class facilities at the doorstep.
In mid June 2022, JIIC awarded CSCEC ME a $60mn contract to build the Souk Al Jubail townhouses.
It will offer potential buyers from all nationalities a wide range of luxury housing units distributed over low-rise buildings consisting of three or four floors known as Jubail Terraces. The structures will feature a variety of units including studios, one-, two- and three-bedroom apartments, in addition to duplexes, it stated.
As well as the exceptional location which combines the lively atmosphere of the city with the tranquility of nature, the Jubail Terraces residential units will be characterised by their modern architectural designs, created in harmony with the natural surroundings. This is combined with spacious interiors, and wide terraces overlooking the skyline of Abu Dhabi as well as the town centre, the firm pointed out, the developer concluded.
In mid December 2022, ADM awarded Jubail Island and LEAD Development for achieving a significant safety milestone.