Sheikh Khaled reviews the design features of Balghaiylam.
Aldar unveils $2.18bn housing project
01 August 2023
Aldar Properties, in partnership with the Abu Dhabi Housing Authority (ADHA), has launched its new residential development, Balghaiylam, located north-east of Yas Island.
The project, valued at AED8 billion ($2.18 billion), will offer 1,743 ready-built homes and access to a broad range of facilities.
It comes as part of Abu Dhabi Government’s efforts to develop integrated and sustainable residential neighbourhoods that will further enhance family stability and community wellbeing in the emirate.
In addition to housing, the Balghaiylam residential project will boast several key amenities including schools, mosques, retail and F&B outlets, sports centres, community gardens, playgrounds and parks, and an equestrian centre, providing citizens with access to amenities in an integrated community.
It was launched by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council.
It comes in line with Abu Dhabi Government’s plan to leverage public-private partnerships and provide Emiratis with suitable housing within real estate projects developed by approved developers.
Sheikh Khaled later reviewed the design features of the project, which is set for completion by 2026.
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