Bani Yas Investment and Development Company (BIDC) on Sunday announced the launch of Bawabat Al Sharq, a massive 108 hectares mixed-use development in Abu Dhabi's Bani Yas city.
This new project will encompass residential, retail, entertainment and sporting facilities. Bawabat Al Sharq will include the new headquarters and sports facilities for the Bani Yas Sports Club, which includes a FIFA-standard football stadium with a seating capacity for more than 20,000 spectators.
Phase one of the project is expected to be completed during the first quarter of 2010. Bawabat Al Sharq will include a first-of-its-kind shopping centre spread across 134,409 square metres, offering retail and entertainment avenues.
BID Chairman Jawaan Al Khaili said: "Bawabat Al Sharq will enhance the leisure and tourism appeal of Bani Yas. The project will provide an impetus to the economy of the region and create an unparalleled attraction – setting a new benchmark in the residential and retail landscape."
The development will include an international hypermarket operator as an anchor tenant in the mall, 16 food court outlets and other community amenities such as banks, pharmacies, cinemas, bowling, snooker and coffee shops.
Al Khaili said: "We are delighted to unveil a masterpiece for the most discerning community in the region – a strategic project offering everything that one seeks; from state-of-the-art facilities to an eco-friendly environment. The launch of Bawabat Al Sharq reflects our commitment to offer high quality projects which reinforce our position as a leading player in the Middle East real estate sector. We will soon unveil more details about the other projects in the pipeline."
Additional leisure facilities in the development include a gymnasium, swimming pools, community club, multipurpose halls, tennis courts and a motor dealership.
Bawabat Al Sharq's premium enclaves of Phase one apartments and villas will be showcased and made available for sales through AMS at Cityscape Abu Dhabi.
108: The number of hectares the Bawabat Al Sharq project will occupy when it is completed. It is a mixed-use development located at Bani Yas City in Abu Dhabi.