Cosmo Developments, a joint venture between Abu Dhabi-based Flag Holding Group and Reportage Group, has launched THE WADI, a mixed-use residential development on Yas Canal, Abu Dhabi with an estimated investment of AED6bn.
Overseen by Reportage Group from development and delivery through to long-term management, THE WADI occupies a plot area of approximately 140,700sq m. It comprises 3,950 residential units, including studios and one-, two- and three-bedroom apartments, alongside commercial, recreational and sports facilities, as well as a hotel planned within the masterplan.
Conceived as a nature-led destination, THE WADI draws inspiration from the UAE’s enduring landscapes and the journey of water through the valleys. The project’s identity is shaped by the relationship between land, water and life, reinterpreting this natural phenomenon into a contemporary community on Yas Canal. Rooted in the UAE’s natural and cultural heritage, THE WADI is designed to offer a more grounded, reflective and connected way of living.
At the heart of the masterplan is a central valley extending through the development, forming the focal point for open and landscaped areas. The community will also feature pedestrian, running and cycling paths, a waterfront and a yacht marina, creating a connected environment that brings together residential, leisure, hospitality and commercial uses.
THE WADI is located along Yas Canal, an emerging waterfront residential destination featuring luxury developments, national housing projects and landscaped canal-side promenades. The project is approximately five minutes by car from Zayed International Airport and 23 minutes from central Abu Dhabi.
The development will include parks and a range of sports and leisure facilities, including tennis clubs, gyms, spa facilities and dedicated children’s areas, alongside restaurants and retail spaces. The design incorporates elements inspired by the local environment, including native planting, ghaf and palm trees, water features, landscaped areas and open pathways.
