HH Sheikh Hazza bin Zayed Al Nahyan Visits Mubadala Real Estate & Infrastructure Stand at Cityscape Abu Dhabi 2017
Mubadala presents masterplan for Arzanah development and Al Maryah Island leasing & investment opportunities at Cityscape Abu Dhabi.
Abu Dhabi: His Highness Sheikh Hazza bin Zayed Al Nahyan, National Security Advisor and Vice Chairman of the Executive Council of Abu Dhabi, on Tuesday visited the Mubadala Real Estate and Infrastructure stand at this year’s Cityscape Abu Dhabi. Mubadala Real Estate and Infrastructure unveiled the masterplan for Arzanah, a new community development designed to become the new urban destination of Zayed Sports City. The 1.9 million sqm development will include residential, retail, hotels, education, sports, and healthcare offerings, and will be located at the gateway point to the Capital.
Ali Eid AlMheiri, Executive Director of Mubadala Real Estate and Infrastructure said: “We are proud to present our visionary plans for Arzanah, a unique and innovative offering for the Abu Dhabi community, as well as the Capital’s growing number of regional and international visitors. Arzanah will present an exciting urban living concept to existing and potential residents of Abu Dhabi, allowing them to benefit from the multitude of facilities on offer and the additional amenities being constructed as part of the surrounding Zayed Sports City.”
He continued: “Via the Arzanah development, Mubadala will also help further drive the growth of Abu Dhabi’s retail, healthcare, residential, entertainment, education, and hospitality sectors; supporting the diversification of its economy in line with the Government’s vision.”
Arzanah is a fully integrated development which will offer an exceptional blend of entertainment, sports, and retail options, in addition to a waterfront, allowing residents to discover the perfect setting for recreation and relaxation. An urban destination in the center of Abu Dhabi, the planned Arzanah development will complement the 43,000-seat Zayed Sports City Stadium; luxury-living residential towers, Rihan Heights; and specialty health and wellness centers, Healthpoint and Imperial College London Diabetes Centre (ICLDC)
From a retail perspective, the plans include a 316,918sqm indoor shopping center, which will house a bowling alley and ice rink, and other family-focused entertainment elements. In addition, investment plots are available for school developments by third party developers.
Arzanah will be located just minutes away from Abu Dhabi city center, the Abu Dhabi National Exhibition Center, and Abu Dhabi International Airport and will be easily accessible via a comprehensive road network. The proposed site is one of the few remaining parcels of undeveloped prime real estate in Abu Dhabi.
Alongside the Arzanah plans, Mubadala’s Cityscape Abu Dhabi stand is also showcasing investment and leasing opportunities on Al Maryah Island, Abu Dhabi’s business and lifestyle destination, for which it is the master developer.
“We are delighted to offer companies and individuals the opportunity to invest in, or move their business to Abu Dhabi’s prime business and lifestyle destination, which benefits from outstanding existing infrastructure, Grade A office space and premium retail and hospitality developments,” commented AlMheiri.
In addition to leasing opportunities, Al Maryah Island is also offering a selection of investment opportunities for premium, ready for development, land plots. As a master developer, Mubadala will ensure developers meet the guidelines and design controls of the concept master plan in keeping with the existing vibrant island community.