 |
|
Artist's rendition of a villa at Bawabat Al Sharq real estate development in Abu Dhabi, UAE |
Bani Yas Investment and Development Company (BID), investment and development arm of Abu Dhabi-based Bani Yas Sports Club has launched Bawabat Al Sharq, a massive 108 hectares mixed-use real estate development in Bani Yas city located in UAE's capital. This project will encompass modern residential, retail, entertainment and sporting facilities including the new headquarters and a FIFA-standard football stadium with a seating capacity for over 20,000 spectators for the Bani Yas Sports Club.
Jawaan Al Khaili, Chairman, BID, said, "Bawabat Al Sharq will enhance the leisure and tourism appeal of Bani Yas. The project will extend the perfect balance between luxurious living and an active lifestyle in an integrated community that has everything to offer".
Phase 1 of Bawabat Al Sharq, due to be completed during the first quarter of 2010, is the first of many pioneering projects due to be announced by BID. The real estate project in Abu Dhabi will include a first-of-its-kind shopping centre spread across 134,409 sq m offering the best of retail and entertainment avenues and a parking lot that can accommodate over 2,200 vehicles.
