Jubail Island, the Dh12 billion master-planned island development off the Abu Dhabi city, that has more than 30 kilometres of pristine beach handed over the first of 112 residential plots on the island to owners for the development of luxury villas. Jubail Island masterplan was first announced in 2020.
The master plan includes several world-class amenities, including a town centre, a marina with a members-only yacht-club, a beach club, multiple gyms, up to 1 million square metres of parks and open spaces, and various retail and dining options.
The masterplan for Jubail Island was designed to maximize the island’s natural beauty and ecological diversity while providing world-class amenities and infrastructure to support a thriving community, it is a large-scale development, and work on the island has been ongoing since the project was first announced.
Following the completion of major infrastructure works and the energisation of the electrical substations supplying power to key residential areas, LEAD Development has invited buyers to come and receive their title deeds, after which they can start developing their mansions on plots ranging from 2,000 square metres to 35,000 square metres, where they’ll be able to enjoy picturesque water views with frontages ranging from 35 to 120 meters.
The plot owners have been working closely with LEAD Development to finalise their private residential designs. While work begins on constructing private mansions, LEAD Development will be working to landscape the project’s public spaces and complete the construction of villas in time to meet the next tranche of property handovers scheduled for September 2023.
“We are delighted to have reached this very significant milestone with handing over 112 plots to owners. Now that the necessary infrastructure work is completed, we are excited to see the array of submitted and approved blueprints come to life and the first independently designed mansions on Jubail Island takes shape. The first residential handover is another tangible sign that we are on track to deliver the project on time, and further proves that construction continues in earnest across the entire project. I want to thank the Abu Dhabi Government for their unwavering support of Jubail Island, as well as the LEAD Development team, our partners and investors who have all had unmatched faith in the Abu Dhabi real estate market, as well as contributed to the growth of this incredible development.” Mounir Haidar, Managing Partner of LEAD Development, said.
