UAE-based Arabian Hills Real Estate Development has announced that it has awarded the infrastructure works contract for its flagship AED22 billion ($6 billion) Arabian Hills Estate project in Abu Dhabi to National Transport and Contracting Company.
A master-planned gated community, Arabian Hills Estate will come up over a 244-million-sq-ft area along the road connecting Dubai and Al Ain.
This project is a strategic partnership between Arabian Hills Real Estate Development Company and Ara Real Estate Development, the real estate division of Core International Holdings Group.
Ara Real Estate Development plays a pivotal role in managing and supervising all facets of real estate development activities.
Hani Sabri, CEO of Core International Holdings, said since its launch in late April, the Arabian Hills Estate project had garnered considerable attention from individual investors seeking a new residence and companies eager to join the project’s vision.
“Our goal is for the project to evolve into a prestigious destination in the years ahead, offering a unique living experience surrounded by lush gardens and top-notch amenities,” he added.
“Residents can look forward to a plethora of amenities including schools, medical services, and various entertainment facilities, catering to their every need,” he stated.
The initial stages of the project are set to be completed by the first quarter of 2025, he added.
The project comprises 14 phases, with a focus on residential plots ranging from 12,000 to 132,000 sq ft.