Arady introduces Urban Oasis at Cityscape Abu Dhabi

During the exhibition, details on the development project were revealed. The purpose-built apartments and villas will rise on the most sought-after residential areas in Abu Dhabi including Rawdhat, Mohammed Bin Zayed City, Khalifa A City, and Khalifa B City.

Arady's Urban Oasis project is a timely response to the housing shortage in Abu Dhabi by developing affordable, purpose-built apartments and villas for companies that find it increasingly difficult to provide suitable staff accommodations.

Because the developments will be demand-driven, specialist services and facilities will be provided according to the needs of corporate and individual end users.

The apartments and villas will be supported by required ancillary services as indicated by the client such as on-site laundry, family areas, shopping conveniences and leisure and recreational facilities including gyms and pools.

"With Plan Abu Dhabi 2030 predicting a population upsurge over the next decades, there is an urgent need for affordable, realistically-designed homes. This development aims to meet the burgeoning demand for residential property in this booming city."

said Jassem Saleh Busaibe, CEO of Arady.

Herve Bontemps, Arady's Chief Development Officer added, "With Urban Oasis developments, we plan to introduce up to 500 apartments and 285 villas. We are giving companies the opportunity to commission appropriate accommodation and contract rental terms that will ensure staff housing needs are catered for effectively and affordably."

Moreover, Urban Oasis will offer selected corporate, government or semi- government organizations the opportunity to enter into medium or long-term lease agreements, enabling them to secure high quality but reasonably priced housing for their employees in Abu Dhabi's "Second Downtown".

Early consultation with potential corporate and individual lessees will enable Urban Oasis to develop residential units that meet employees' ideal requirements in terms of size and number of units, number of bedrooms, floor layout, facilities, specifications and build quality.

Arady is showcasing Urban Oasis at stand number E20 in Hall 8 at the Abu Dhabi National Exhibition Centre. Expressions of interest will be welcomed for Urban Oasis during Cityscape Abu Dhabi 2009.