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Home Sector Real Estate Sheikh Khaled inaugurates phase one of Abu Dhabi’s $844 million North Bani Yas housing project

Sheikh Khaled inaugurates phase one of Abu Dhabi’s $844 million North Bani Yas housing project

The wider project, estimated at $2.53 billion, has been officially named Al Mizn Neighbourhood
Sheikh Khaled inaugurates phase one of Abu Dhabi’s $844 million North Bani Yas housing project
Spanning 9.06 square kilometres, the entire development will include 3,453 new villas showcasing modern designs infused with Emirati heritage. (Photo Credit: Abu Dhabi Media Office)

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has inaugurated phase one of the North Bani Yas housing project. This phase comprises 1,365 new villas for UAE Nationals, valued at AED3.1 billion ($844 million). The project spans an area of 3.1 square kilometres and falls under the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE.

Naming of Al Mizn neighbourhood

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan also named the wider project Al Mizn Neighbourhood. Spanning 9.06 square kilometres, the entire development will include 3,453 new villas showcasing modern designs infused with Emirati heritage. The total investment value of the project is AED9.3 billion ($2.53 billion).

North Bani Yas
During the visit, Sheikh Khaled reviewed updates to the project, including construction specifications and the high-quality external and internal designs of the villas. (Photo Credit: Abu Dhabi Media Office)

Villas and amenities

The villas range from five to six bedrooms, occupying areas between 425 and 602 square metres per unit, situated on plots of 1,080 square metres each. The inaugural phase introduces 12 architectural facades, comprising 820 villas reflecting traditional aesthetics and 545 villas with a contemporary design. The project also features 17 parks and recreational areas, a school, five commercial complexes, 15.5 kilometres of bicycle paths, and 89.48 kilometres of pedestrian walkways.

Read more: UAE construction sector flourishes despite global challenges, holds $590 billion project pipeline: Report

High quality of life for citizens

His Highness highlighted that the Al Mizn Neighbourhood project, along with other housing initiatives across Abu Dhabi, reflects the leadership’s commitment to building integrated communities that provide essential amenities to meet the needs of Emirati families and further enhance their wellbeing. The project ensures a high quality of life for citizens within a nurturing community that contributes to advancing the nation’s development across various priority sectors.

North Bani Yas
The villas range from five to six bedrooms, occupying areas between 425 and 602 square metres per unit, situated on plots of 1,080 square metres each. (Photo Credit: Abu Dhabi Media Office)

During the visit, His Highness reviewed updates to the project, including construction specifications and the high-quality external and internal designs of the villas, which meet the needs of Emirati families and create an integrated, contemporary urban environment aligned with sustainable development principles and standards.

The project is being overseen by the Abu Dhabi Housing Authority (ADHA), which has contributed to the development of government housing for UAE Nationals in Abu Dhabi emirate since its establishment in 2012. The authority has overseen the allocation of more than 40,000 residential plots, the completion of more than 16,000 houses, and the approval of more than 49,000 housing loans. Additionally, more than 4,000 citizens have benefited from housing loan exemptions, amounting to a total of more than AED149 billion.

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