Jubail Island in Abu Dhabi, one of the emirate’s most prominent modern residential destinations, is witnessing remarkable development progress. Projects are progressing rapidly to enhance infrastructure and provide integrated communities that will help attract more real estate investments.
Engineer Mounir Haidar, CEO of Jubail Island Investment Company and Managing Partner of Lead Real Estate Development, the developer and manager of the Jubail Island project in Abu Dhabi, confirmed the commencement of delivery of the first phase of the island’s development project, with more than 400 residential units delivered to date.
He stated that these units play an effective role in attracting foreign investment, a key driver of growth in the real estate sector in the Emirate of Abu Dhabi. The total value of residential units sold within the project has reached approximately AED 10 billion.
He expects approximately 1,200 real estate units from the first phase to be delivered by the end of 2025, with additional residential units to be offered in the fourth quarter of 2025, and the second phase of the Jubail Island development project to be launched next year. He explained that the total portfolio of current LEED real estate development projects amounts to approximately AED 15 billion, stressing the company’s continued efforts to develop an integrated infrastructure that will contribute to consolidating Jubail Island’s position as one of the vital economic hubs of the Emirate of Abu Dhabi, in addition to developing other essential projects that support sustainable development efforts across the country.