Yas Canal residential project, a Dh3.5 billion project which include 1,146 residential villas for UAE Nationals has been approved by Abudhabi Crown Prince

27 Mar 2024

News
Yas Canal residential project, a Dh3.5 billion project which include 1,146 residential villas for UAE Nationals has been approved by Abudhabi Crown Prince

The Yas Canal residential project at Al Raha Beach has been approved by Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan. The Dh3.5 billion project, which is being managed by the Abu Dhabi Housing Authority in collaboration with the Abu Dhabi Centre for Projects and Infrastructure and the ICT Real Estate Development Company, will comprise 1,146 residential villas for UAE nationals. It should be finished in the final quarter of 2027.

Sheikh Khaled emphasized that the residential project is a reflection of the leadership's dedication to providing Abu Dhabi's Emirati families with high-quality housing that is tailored to their needs, ensuring their general well-being and quality of life, and promoting social stability to support the emirate's continued development.

ICT Real Estate Development Company is in charge of the project's design, construction, and infrastructure for the Yas Canal residential project, which is a public-private partnership overseen by the Abu Dhabi Centre for Projects and Infrastructure. The Abu Dhabi Housing Authority and the sales of residential units allotted to UAE nationals are managed jointly.

The 1.8 square kilometer Yas Canal residential complex has 10,000 square meters of businesses and amenities spread between three mosques, a school, a gym, and villas. On plots ranging from 600 to 780 square meters, the project provides three- to six-bedroom villas with sizes between 350 and 525 square meters.

Villas in the Yas Canal residential complex are available for purchase by UAE nationals who have been granted house loans by the Abu Dhabi house Authority. The project provides a wide variety of architectural styles.

 

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