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  • 15-02-20

    Abu Dhabi reveals scheme of massive residential investment

    (MENAFN)
    An investment of Dh 2.7 billion (USD 735 million) worth was announced to be established off the coast of Al Dhafra region in the capital state of Abu Dhabi.

    The first stage of implementing the Jabal Al Dhanna housing development, which will be placed on a 1.29 million sq m area, will include establishing at least 1,449 dwellings, eight mosques, two schools, a medical clinic, and a main center, as well as more than 700 villas and townhouses.

    According to a statement issued by Department of Municipalities and Transport (DMT), about 12.000 people will be provided accommodation upon the completion of the project.

    The announcement of the project was released by Sheikh Hamdan bin Zayed Al Nahyan, Ruler's Representative in the Al Dhafra Region in his meeting with Jassim Mohammed Al Zaabi, Chairman of the Department of Finance and DMT Chairman Falah Mohammad Al Ahbabi, which took place yesterday (February 12) at Al Nakheel Palace in Abu Dhabi, and amid which they discussed the planned steps forward implementing the project.

    MENAFN1502202000450000ID1099707946

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