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Nienstedt said:
"The completed development will cater to the middle-income tenant market, which is currently highly under-served in Abu Dhabi, by adding 30,000 new apartments to house up to 85,000 people in high quality residential communities. In doing so, it will also provide a sustainable source of income to the individual owners of each tower block. Although preceding it, the development has been designed taking many of the principles of Estidama into account."
Estidama is Abu Dhabi's contribution to the global discussion on creating more sustainable communities, cities and global enterprises.
The development's residential towers will be surrounded by pleasant shaded pedestrian walkways and parks. District cooling and double glazing will be employed to maximize energy efficiency and underground parking will ensure that the development remains free of parking congestion. Local facilities planned include health clubs containing spas and swimming pools, local retail, restaurants and cafes.
The Dhs25bn development is aimed at making a significant contribution to addressing apartment rental shortages in Abu Dhabi and at the same time generating long-term financial security for their owners.
Mohammed Bin Zayed Commercial City Towers is made possible by the vision of His Highness General Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces and Chairman of the Abu Dhabi Executive Council. The innovative master plan for the five new high density urban areas was developed by KEO on behalf of the Abu Dhabi Municipality and all 349 tower development plans must be approved by KEO to ensure they conform to its quality specifications.
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Posted by Nadeen El Ajou
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