UAE Focus

Modon awards $525m residential city deals

01 August 2020

UAE-based Modon Properties has awarded the infrastructure development contracts for phases three and four of Riyadh City South worth Dh1.93 billion ($525 million), in partnership with the Abu Dhabi Housing Authority.

With this contract award, the total value of infrastructure development deals for the Riyadh City South has risen to Dh5.83 billion.

The infrastructure works will begin this year and will cover a total area of 15.8 million sq m. Phase Three of the project covers 6,153,000 sq m, while Phase Four spans 9,647,000 sq m. Both phases make up roughly 45 per cent of the total project area.

Jaber Mohammed Ghanem Al Suwaidi, General-Director of the Crown Prince Court of Abu Dhabi and Chairman of the Abu Dhabi Housing Authority, said: “The Riyadh City South is one of the most important housing projects in Abu Dhabi, and it will contribute significantly to the development of the housing sector in the UAE’s capital,” remarked Al Suwaidi.

“We look forward to working together with Modon on Riyadh City South. This project forms a part of our ongoing initiatives designed to enhance our contribution to the development of integrated and sustainable residential communities built in accordance with the highest international standards. It also aligns with our vision of providing all Abu Dhabi residents with a high quality of life,” he added.

Modon Chairman Abdulla Al Sahi said: “We are delighted to announce the awarding of all the infrastructure works for Riyadh City South, one of the most significant housing initiatives in the Emirate of Abu Dhabi. Riyadh City South will cater to the needs of all residents by offering a range of comprehensive and integrated facilities.”

Modon began developing the infrastructure for the first, second, and fifth phases of Riyadh City South last year, and officially commenced work on the remaining phases of the project during 2020.

The infrastructure work across the third and fourth phases includes the construction of internal and external roads, the installation of lighting systems, the construction of water and sewage networks, the implementation of groundwater level reduction systems, and the installation of rainwater drainage.

Two contractors, Tristar Engineering & Construction and Nurol, were awarded the contracts for the development of the infrastructure.

Once completed, the infrastructure works for the two phases will span 5,438 residential plots, 5,326 villas, 112 townhouses, seven schools, four nurseries, one hospital, six medical clinics, 30 mosques, one civil defence centre, three fuel stations, two government facilities, 11 social service centres, and 24 commercial plots.

Upon the completion of all five phases of the project, Riyadh City South will encompass 14,765 residential plots, 133 commercial plots, 12,896 villas, and 1,869 townhouses.

Covering an area of 8,000 hectares, equivalent to 85 per cent of the area of Abu Dhabi Island, Riyadh City is ideally situated near the UAE capital.  Riyadh City  was previously known as South Shamkha and Al Wathba North.  




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