Jubail Island, the newest residential and leisure destination in Abu Dhabi, has marked its official launch.
Covering a vast 400 hectares and costing an estimated AED 5 billion, the low density community and investment zone will feature a combination of serviced plots, high-end and mid-range properties.
The development will comprise six investment villages: Marafaa Al Jubail, Nad Al Dhabi, Seef Al Jubail, Ain Al Maha, Souk Al Jubail and Bed’a Al Jubail.
There will be 400 single-family and 400 multi-family homes, with plots ranging from 1,500 to 5,000 square metres, and villas ranging in size from 300 to 1, 200 square metres.
Jubail Island is designed to accommodate around 5,000 to 6,000 residents.
Project completion is scheduled in Q4 2022 and plot handover can be arranged as early as Q1 2021.
Jubail Island is located between Yas Island and Saadiyat Island, making it easily accessible to key landmarks such as Louvre Abu Dhabi and Yas Mall, and is only a 50-minute drive from the Dubai Marina.
“Jubail Island will cater to families, wellness, wildlife and nature enthusiasts, including water sports activities as well as offering a unique quality of life for homeowners and visitors alike,” said Mounir Haidar, managing director of Jubail Island Investment Company.
“With its wide variety of residential, retail, hospitality, entertainment and education offerings, the project is poised to become an important contributor to the Abu Dhabi real estate market in line with the objectives of the Abu Dhabi Economic Vision 2030.”