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With the substantial growth of hotels in Abu Dhabi due to increasing visitor demand, the designated accommodation facilities will provide affordable and quality housing options which will be comprised of individual and family accommodation.
The facilities will have a capacity to house more than 35,000 people who mainly work in the hospitality industry and their family members who reside in the UAE.
"Deyar Al Mafraq is an integral development in TDIC's diverse project portfolio. The new facility is an ideal solution to the increasing demand of residential properties in Abu Dhabi. It will offer more opportunities within the local hotel industry, as well as ease the pressure on hotel management chains that are dedicated to managing their operations."
commented Lee Tabler, CEO of TDIC.
The site for the development is located in Al Mafraq area of the city. TDIC will remain the master developer for the area and specific plots will be available to various hotel owners to manage the accommodation of their staff, as part of the master plan, which has been finalised and approved by the Urban Planning Council.
While TDIC is developing the first phase which includes two plots, it will also lease out the remaining plots to investors from the private sector who will offer robust investment opportunities within the Deyar Al Mafraq project. The development comprises a total area of 712,000 square metres, with a total gross floor area of 1,670,000 square metres.
The master plan for the development has been designed in response to the Abu Dhabi Urban Plan 2030 by providing necessary public facilities, infrastructure services and road access. It has also been designed with a commitment to the implementation of sustainable principles which enhances the environmental, economic and social performance of the development.
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Posted by Nadeen El Ajou
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