UAE master developer Aldar has announced the launch of its landmark project – Marsa Al Saadiyat – in Abu Dhabi, being set up at an investment of AED100bn on a 6.4 million square metre area.
The destination will be home to more than 58,000 residents, who will live in private mansions, luxury villas, waterfront apartments, branded residences and a 22.5m hillside community of standalone villas, each positioned to make the most of the surrounding landscape.
Unveiling the project, Aldar said the premium development boasts a mix of premium residences along with pristine beaches, 140km of interconnected walking paths and a 46km cycling track. The development spans across an 8km waterfront, including 5.6km of pristine beaches.
Aldar is the master developer of the project, which was earlier called Saadiyat Marina District. For the mega development, it will be fully responsible for overall design and the delivery of its primary infrastructure.
HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, who witnessed the launch of the project, directed its renaming from Saadiyat Marina District to Marsa Al Saadiyat.
Sheikh Khaled also visited the Marsa Al Saadiyat project site to review the masterplan and was briefed on the overall design, primary infrastructure and the wider community and leisure amenities, including public parks, boat and yacht marinas, the waterfront promenade, walking paths, cycling tracks and other services and facilities designed to the highest standards and specifications.
“This project reflects the UAE leadership’s commitment to investing in the development of integrated infrastructure that meets future aspirations and enhances the UAE’s global competitiveness as a leading destination offering a world-class living environment,” he stated.
Within the destination itself, a 1km promenade of retail and dining options, a yacht club and two luxury hotels provides its own social and commercial core, alongside a theatre district that will be anchored by Dar al Funoon, a performing arts venue with capacity for more than 6,000 guests to enjoy year-round musicals, live productions and international performances.
