Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has inaugurated the first phase of the Al Mizn Neighbourhood housing project.
Located in North Bani Yas, this initial phase comprises 1,365 new villas valued at AED3.1 billion.
Spanning an area of 3.1 square kilometres, the project falls under directives from Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE. Sheikh Khaled also named the wider development Al Mizn Neighbourhood, which will eventually include 3,453 villas across 9.06 square kilometres at a total investment of AED9.3 billion.
The villas in the first phase range between five to six bedrooms and occupy areas from 425 to 602 square metres.
They are situated on plots of 1,080 square metres each and feature 12 architectural designs, including traditional and contemporary styles.
The Al Mizn Neighbourhood project also incorporates 17 parks, a school, five commercial complexes, bicycle paths and pedestrian walkways. The total investment value of the project is AED9.3 billion.
Sheikh Khaled highlighted that the initiative “reflects the leadership’s commitment to building integrated communities that provide essential amenities to meet the needs of Emirati families and further enhance their well-being,” according to a statement by the Abu Dhabi Media Office (ADMO).
Since 2012, the Abu Dhabi Housing Authority (ADHA) has overseen the development of over 40,000 residential plots and the completion of more than 16,000 houses in Abu Dhabi.
“The project represents a significant addition to the authority’s extensive portfolio of large-scale housing projects, underscoring our dedication to meeting citizens’ needs by enhancing the emirate’s housing sector. We strive to deliver high-quality projects that introduce innovative housing solutions and support integrated communities,” Mohamed Ali Al Shorafa, Chairman of the Abu Dhabi Housing Authority added.
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