Monday 23 September 2024
 
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Deal inked for construction of Jubail Island commercial hub

ABU DHABI, 2 hours, 1 minutes ago

Jubail Island Investment Company (JIIC) has awarded a construction contract worth AED400 million ($109 million) to Bright Accord General Contracting Company for the Jubail Town Centre in Souk Al Jubail, the commercial and retail hub of Jubail Island. 
 
Strategically positioned at the heart of Jubail Island within Souk Al Jubail village, Jubail Town Centre is a family-friendly lifestyle destination offering a modern, vibrant environment that seamlessly blends wellbeing, connectivity, leisure, retail, and commercial services. 
 
On completion, the Jubail Town Centre will boast a curated blend of retail, F&B, residential, commercial offices, a central plaza and top-class amenities to cater to all lifestyle needs including four office buildings and two residential buildings - Jubail Terraces buildings 7 and 8, said a statement from JIIC.
 
The Town Centre will feature beautifully designed outdoor spaces and parks, a mosque, a specialized medical clinic, a nursery, a supermarket, fitness centres and over 40 unique retail outlets as well as 5-star rated F&B pavilions, campus-like offices, wellness hubs, and a vibrant community centre.
 
With direct access to the E12 Highway, the Town Centre includes commercial properties, low-rise residential buildings, green spaces, walkways, and seating areas, encapsulating the essence of community life on the island, it stated.
 
Within the Town Centre, Jubail Terraces offers luxury apartments in various configurations, including studios, one, two, and three-bedroom units, as well as duplexes. 
 
Additionally, retail spaces have been designed to create an engaging shopping environment for both the local community and visitors, anchored by a Spinneys supermarket and Jubail’s Redwood Center of Excellence (nursery), all in close proximity to luxury residential neighbourhoods, it added.
 
According to JIIC, the groundbreaking for Jubail Town Centre is expected to start later this year, with a completion target of Q3 2026. It is set to become one of Abu Dhabi’s premier destinations, renowned for its scenic strolls and vibrant ambiance.
 
"JIIC is committed to delivering high-quality developments that enhance the lives of residents and visitors to Jubail Island," remarked Engineer Abdulla Saeed Al Shamsi, Corporate Director of JIIC. 
 
"Jubail Town Centre is a testament to our vision of creating a dynamic community that harmonizes with the natural beauty of Jubail Island. We are thrilled to embark on this project with Bright Accord General Contracting Company and look forward to the successful completion of this exciting project," he added.
 
When complete, Jubail Island will feature uniquely designed community centres, mosques, a medical clinic, educational institutions, a standalone supermarket, and a premier beach club. It will also offer a 65-berth world-class marina, exclusive yacht clubs, as well as indoor and outdoor gyms, walking and cycling paths, community pools, kids’ play areas, and 1.4 million square meters of parks and open spaces.
 
Owned by JIIC and developed and managed by LEAD Real Estate Developer, Jubail Island will comprise six residential villages nestled among the breathtaking natural beauty and rich biodiversity of the mangroves.
 
The low density, low-impact landmark community will offer residents every convenience and amenity, seamlessly blending sustainable living, luxury, and wellness in an iconic new addition to Abu Dhabi’s real estate landscape.-TradeArabia News Service



Tags: abu dhabi | retail | office | Jubail Island Investment Company |

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