Under the visionary directives of the President of the UAE, Sheikh Mohamed bin Zayed Al Nahyan, and inaugurated by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, the capital city has unveiled the Al Wathba housing project, a monumental initiative as part of the Emirati Neighbourhood program. The project, valued at AED 1.1 billion ($299.4 million), adds 347 new homes to the city’s landscape, bringing the total spending by the Abu Dhabi Housing Authority to an impressive $38 billion since its inception.
Sheikh Khaled, during the inauguration, was briefed on the project, which adheres to the highest international standards. The sustainable design of the homes was a focal point of the discussion, tailored to meet the specific needs of citizens, enhancing their overall well-being and quality of life.
Highlighting the commitment to providing high-quality housing for Emiratis in Abu Dhabi, Sheikh Khaled emphasized the importance of creating a secure and stable environment for citizens. He underlined how the Al Wathba housing project would address the needs of the citizens, ensuring their stability and growth while playing a vital role in the ongoing development of the emirate.
Mohammed Ali Al Shorafa, Chairman of the Department of Municipalities and Transport and Chairman of Abu Dhabi Housing Authority, commented on the significance of the Al Wathba housing project, stating, “This initiative stands as a cornerstone in guaranteeing citizens’ access to quality housing, fostering a secure and stable social environment, and actively supporting the ongoing development and growth of the emirate.”
Covering an extensive area of 875,000 Sq.M, the project includes various community facilities, such as four commercial complexes and 64 shops. The development boasts 15 parks and four mosques, accommodating a total capacity of 1,725 people.
Post-inauguration, Sheikh Khaled witnessed the signing of a public-private partnership agreement aimed at further developing community facilities within the Al Wathba housing project.
The Abu Dhabi Housing Authority, since its establishment, has been a key player in the emirate’s development, providing more than 39,000 residential plots and over 16,000 new homes. Additionally, the authority has approved more than 44,000 housing loans and facilitated housing loan exemptions for 4,000 beneficiaries.
This housing project not only symbolizes Abu Dhabi’s commitment to its citizens’ well-being but also reinforces the emirate’s dedication to creating a sustainable and thriving community. The Al Wathba housing project marks a significant step forward in the ongoing efforts to meet the growing housing needs of Emiratis in Abu Dhabi, further solidifying the city’s position as a global hub for quality living.