Gulf Construction Online - $489m sustainable city to come up in Abu Dhabi

UAE Focus

Officials of Aldar and Diamond Developers at the signing ceremony.

$489m sustainable city to come up in Abu Dhabi

01 February 2022

Leading Abu Dhabi developer Aldar Properties (Aldar) has signed an agreement with UAE-based Diamond Developers to launch a fully sustainable and unique community on Abu Dhabi’s Yas Island.

The Sustainable City – Yas Island will span an area of 397,000 sq m in Yas North and will comprise 864 townhouses and apartments and 3,000 sq m of retail.

The agreement will enable the company to bring a tested model of sustainable development to Yas Island. ‘The Sustainable City’ branded concept and working model in Dubai was the first fully operational sustainable community in the Middle East and has already proven successful as an intelligent, live-work-and thrive destination. Aldar said the sustainable community is being developed at a total cost of AED1.8 billion ($489 million) and will complement the diverse residential, retail, and entertainment offerings already available on Yas Island.

Work is scheduled to begin in Q4 with a 30-month completion target, it stated.

As a fully sustainable community, the Yas Island project will be powered by renewable energy, enabling residents to save up to 100 per cent on energy bills.

The masterplan amalgamates green, energy-efficient designs with a people-centric philosophy featuring car-free residential clusters, recycling facilities, and indoor vertical farming. In addition to residential and retail elements, the development will feature an equestrian centre, a mosque, cycling and jogging tracks, and spacious landscaped areas.

Aldar CEO Jonathan Emery said the agreement marks an important milestone in its strategy to accelerate sustainable development in Abu Dhabi.

“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,” he noted.

“Diamond Developers has a track record and expertise to deliver high quality sustainable projects and Sustainable City Yas Island will combine the best of Diamond Developers with the best of Aldar. We also expect to use our learnings from this partnership to introduce further sustainable solutions within our current and future developments,” noted Emery.

Diamond Developers Chairman Faris Saeed said: “We are pleased to join hands with 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.”