Abu Dhabi government and Aldar announce Dhs5bn fund to grow the city

Projects planned to develop Saadiyat Island, Yas Island and Al Falah

Abu Dhabi government and Aldar announce Dhs5bn fund to grow the city

Abu Dhabi is a city that is always developing.

Attractions, hotels, restaurants, shops and all the rest seem to pop up with regularity as the city continues to evolve and develop.

Helping to improve social, economic and infrastructure projects, Abu Dhabi Government has partnered with Aldar Properties to develop Dhs5bn of projects across the city.

The investment aims to help Abu Dhabi become one of the best places in the world to live, do business and visit.

Works are expected to take place on Saadiyat Island, Yas Island and in Al Falah to develop thriving residential areas.

Saadiyat Island will see Dhs2bn of investment to build roads, develop more residential areas and improve infrastructure.

At Al Falah, a community for UAE nationals is set to be expanded to add an extra 899 villas and beach resorts.

A further Dhs1bn has also been awarded to develop the new headquarters for TwoFour54 on Yas Island, bringing around 10,000 workers in the media (including us here at Time Out Abu Dhabi) to the island.

So it looks like things won’t be slowing down any time soon and we’re excited to see what the future brings.

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