A new 397,000sq.m sustainable city will be built on Yas Island in Abu Dhabi.
Sustainable City – Yas Island construction is scheduled to begin in the last quarter of this year and is expected to be finished in 30 months.
Dubai’s Diamond Developers and Abu Dhabi’s Aldar Properties have formed a joint venture to develop a sustainable and unique community.
A Sustainable City – Yas Island will be built in Yas North, with 864 townhouses and apartments and 3,000sq.m of retail space.
Residents will be able to save up to 100 percent on energy bills since it will be powered by renewable energy.
“The Sustainable City – Yas Island will have all the elements of high-quality, sustainable living and will complement our commitment to carbon reduction, in line with the UAE’s Net-Zero by 2050 Strategic Initiative.
“The development will also provide another new and exciting lifestyle choice for our customers right in the heart of the highly sought after Yas Island,” Jonathan Emery, Chief Executive Officer at Aldar Development, said at Abu Dhabi Sustainability Week.
Diamond Developers’ ‘The Sustainable City’ branded concept and working model in Dubai was the first fully operational sustainable community in the Middle East.
Faris Saeed, chairman, Diamond Developers, said, “The successful replication and rapid growth of sustainable developments around the world depend on partnerships and collaborations between public and private sectors.
“We are pleased to join hands with Abu Dhabi’s leading developer Aldar, and believe this agreement offers substantive opportunities for the exchange of knowledge.
“As we work together towards building a more sustainable and prosperous future for the UAE, we pave the way to the evolution of a more sustainable infrastructure and a clear pathway to achieving net-zero.”
The project will include car-free residential clusters, recycling facilities, and indoor vertical farming. As well as residential and retail features, the development will include an equestrian center, a mosque, cycling, and jogging paths, and spacious landscape areas.