Jubail Island awards US $108mn contract for Jubail Town Centre
The groundbreaking for Jubail Town Centre is expected to take place in Q3 2024, with a completion target of Q3 2026
Jubail Island Investment Company (JIIC) has awarded the construction contract for the Jubail Town Centre in Souk Al Jubail. The $108mn contract was awarded to Bright Accord General Contracting Company and comprises four office buildings and two residential buildings – Jubail Terraces buildings 7 and 8.
Jubail Town Centre is a family-friendly destination offering a modern, vibrant environment that includes well-being, connectivity, leisure, retail, and commercial services. With direct access to the E12 Highway, the Town Centre includes commercial properties, low-rise residential buildings, green spaces, walkways, and seating areas, encapsulating the essence of community life on the island, JIIC said in a statement.
It will feature outdoor spaces and parks, a mosque, medical clinic, nursery, supermarket, fitness centres, over 40 retail outlets, 5-star rated F&B pavilions, campus-like offices, wellness hubs, and a community centre and a beach club.
Within the Town Centre, Jubail Terraces offers apartments including studios, one, two, and three-bedroom units, as well as duplexes. Retail spaces have been designed to create an engaging shopping environment for both the local community and visitors.
“JIIC is committed to delivering high-quality developments that enhance the lives of residents and visitors to Jubail Island,” said Engineer Abdulla Saeed Al Shamsi, Corporate Director of JIIC. “Jubail Town Centre is a testament to our vision of creating a dynamic community that harmonises with the natural beauty of Jubail Island. We are thrilled to embark on this project with Bright Accord General Contracting Company and look forward to the successful completion of this exciting project.”
Owned by JIIC and developed and managed by LEAD Real Estate Developer, Jubail Island will comprise six residential villages amongst the mangroves. The community will offer residents every convenience and amenity, sustainable living, in addition to Abu Dhabi’s real estate landscape.
