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MediaIn – Rasha Al – Sharqawi
The real estate and construction sector in the UAE is preparing for a new phase of growth and prosperity with the launch of the Riyadh City project in Abu Dhabi, the largest and most ambitious real estate project in the country.
The Riyadh City project aims at building a cohesive and decent society in a secure and stable environment to stimulate production and work for the welfare and happiness of citizens. This is part of the wise leadership priorities of His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.
The project is part of a package of development projects aimed at building a cohesive society with decent living conditions in a secure, stable and stimulating environment for work and production, while the government is working harder to develop a modern and sustainable housing system for citizens.
Madan Real Estate Company is developing the master plan for the city of Riyadh which is located in the south of Al Shamkha and North Al Wathba previously. It includes a full range of public facilities such as parks, schools, shops, mosques, medical centers and community centers.
The total area of the project is about 8 thousand hectares, equivalent to 85% of the area of Abu Dhabi Island, constituting approximately 45% of the total residential land in Abu Dhabi and 30 km from the city center. The capacity is expected to reach more than 200,000 Work on the project.
His Highness Sheikh Mohammed bin Zayed Al Nahyan, has launched the name of “Riyadh City” on the largest housing project in Abu Dhabi.
This comes in the context of the strong brotherly relations between the UAE and Saudi Arabia, which are reinforced by shared visions on issues and issues of common concern. The UAE is looking forward to increasing the established relations with Saudi Arabia. The city of Riyadh has been named the largest housing project in Abu Dhabi. Brotherhood, cooperation and common destiny between the two countries.
