We noticed you're blocking ads.

Keep supporting great journalism by turning off your ad blocker.

Questions about why you are seeing this? Contact us

Font Size

- Aa +

Sat 14 Mar 2020 11:29 AM

Font Size

- Aa +

Developer awards deals for Abu Dhabi's largest housing project

Modon Properties has awarded infrastructure contracts for phases two and five of Riyadh City South

Developer awards deals for Abu Dhabi's largest housing project

In addition to residential facilities, the Riyadh City project will include community facilities such as parks, schools, stores, mosques, medical centres and community centres.

Developer Modon Properties has awarded infrastructure contracts for phases two and five of Riyadh City South, Abu Dhabi’s largest housing development named in recognition of the country’s longstanding ties with Saudi Arabia. 

Three contract have been awarded worth AED2.4 billion, in partnership with the Abu Dhabi Housing Authority, a statement said.

In addition to residential facilities, the Riyadh City project will include community facilities such as parks, schools, stores, mosques, medical centres and community centres.

Basheer Khalfan Al Mehairbi, acting director general of the Abu Dhabi Housing Authority, called the development of Riyadh City "one of the most significant residential projects in Abu Dhabi today, helping to develop the emirate’s housing sector to meet citizens’ current aspirations".

Sulaiman Al Siksek, deputy CEO of Modon, added: “Modon’s housing projects will transform the housing sector and ensure that it keeps pace with the future vision of Abu Dhabi.

“The awarding of these contracts move us another step closer to the completion of Riyadh City South, and our vision of welcoming new home-owners into unique and vibrant communities."

Siksek said all infrastructure works for Riyadh City South are slated to be completed by the end of 2023.

Upon completion, the infrastructure works will include more than 6,000 residential plots, a university, five schools, two nurseries, four health centres, 28 mosques, 61 commercial plots, three civil defence centres, five fuel stations, four government facilities plots and three social services centres.

The National Projects and Construction, The Nael & Bin Harmal Hydroexport Establishment and Saif Bin Darwish Company will be responsible for the infrastructure works in the second and fifth phases of Riyadh City South.

Riyadh City is located 30 kilometres from the UAE capital.

Arabian Business digital magazine: read the latest edition online

For all the latest construction news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.