Jubail Island announces that all plots of residential buildings in Phase I have been sold out

Jubail Island Investment Company today announced that it has achieved an important milestone by selling all 194 available villa plots in the first phase of the development.

Emphasizing the development of LEAD, the developer’s management company, promises to deliver the project on time. At the time of the announcement, the Jubail Island Investment Company also confirmed that 65% of the infrastructure has been completed and all infrastructure projects are scheduled for the second quarter of 2022 Completion. At the same time, the developer announced the award and groundbreaking of the villa construction. The villa project is scheduled to be delivered in the fourth quarter of 2023.

Customers who have purchased the first phase of the Jubail Island land are fully confident that the land will be delivered on time in the fourth quarter of 2022.

Mounir Haidar, Managing Director of Jubail Island Investment Company said: “We are very pleased to reach such an important milestone in the development journey of Jubail Island. Higher than expected sales demand in the market, good overall design and a wide range of options for investors Choosing from plots, villas and townhouses with the owner, the quality of the low-density master plan and the convenient amenities Jubail is such a special and desirable community in the center of our capital.

“I would also like to thank the government and relevant departments for the measures taken to provide developers with great support.”

Jubail Island, a project valued at AED 5 billion, owned by JIIC and developed and managed by LEAD, will be the location of six residential village parks located between Yas Island and Saadiyat Island. Located between breathtaking natural beauty and rich mangrove biodiversity, this landmark community covers an area of ​​more than 2,800 hectares. It will provide residents with a variety of conveniences and comfort facilities, and combine sustainable living, luxury and health. The seams merge to become a truly iconic new building in Abu Dhabi. Manor landscape.

For more information, please visit https://www.jubailisland.ae/