Business | Construction
Bawabat Al Sharq project in Abu Dhabi to cost Dh2.2b
Bani Yas Investment and Development (BID) on Sunday launched Bawabat Al Sharq, a 108-hectare mixed-use development in Abu Dhabi's Bani Yas city, being built at a cost of Dh2.2 billion.
- Staff Report
- Published: 23:52 May 11, 2008
Dubai: Bani Yas Investment and Development (BID) on Sunday launched Bawabat Al Sharq, a 108-hectare mixed-use development in Abu Dhabi's Bani Yas city, being built at a cost of Dh2.2 billion.
This 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 over 20,000 spectators.
Phase 1 of the project is due to be completed in the first quarter of 2010.
Shopping centre
Bawabat Al Sharq will include a shopping centre spread across 134,409 square metres, and a parking lot that will accommodate over 2,200 vehicles.
Jawaan Al Khaili, BID chairman, said, "Bawabat Al Sharq will enhance the leisure and tourism appeal of Bani Yas. The project will provide impetus to the economy of the region."
The project also offer amenities like schools, a medical centre, health club, and specialty training clubs. It will also include an international hypermarket operator as an anchor tenant in the mall, 16 food court outlets apart from banks, pharmacies, cinemas and coffee shops.
Share this article
More from Construction
More from Business
Popular in Business
-
General
Precious jump
Gold prices at new high as India's central bank buys $6.7b worth of gold
Business Editor's choice
-
Sweet life in the Middle East
A sweet look at the confectionary industry in the UAE and Middle East
-
Passion for pets can be expensive
Responsibility and time spent add to costs for furry friends
-
Facebook farm game under cloud
Mobile phone contracts can be used to buy virtual money
