Imkan launches Dhs15bn riviera development between Abu Dhabi and Dubai

Abu Dhabi Capital Group-owned developer Imkan has announced the launch of a new Dhs15bn ($4.08bn) master project located in Ghantoot between Dubai and Abu Dhabi.

The company said its Sahel Al Emarat riviera was designed as a second-home destination.

It will span 370 hectares and 3.4km of beachfront spread across three districts.

AlJurf Gardens, Jiwar Al Qasr and Marsa AlJurf will have their own architectural designs and amenities, while the wider project includes two marinas, private berths, a town centre, hotels, retail, a wellness resort and clinic, museum, fishermen’s village and serviced residences and villas.

Public and private beaches, beach clubs and restaurants, community centres, parks, mosques and a private school are among the other planned features.

“Our first coastal destination will merge the innovative design styles and standards on Sahel Al Emarat by marrying traditional inspiration with strong modern elements and breathtaking vistas,” said Imkan board member and Abu Dhabi Financial Group CEO Jassim Alseddiqi.

“We look forward to the influence AlJurf will have on the country’s coastal property landscape and welcome the opportunity for buyers to invest in a one-of-a-kind project.”

Imkan said construction would begin next year. The Dhs2bn ($544.5m) first phase of AlJurf Gardens, comprising 292 villas and plots, is scheduled for completion in 2021.

The developer’s other major project is the Makers District on Abu Dhabi’s Reem Island. It features residential, hospitality, commercial and retail space covering an area of 18 hectares.

The developer awarded a Dhs120m ($32.6m) consultancy contract to Ramboll for the Dhs2bn ($544.5m) first phase in September 2017.

Read: Abu Dhabi’s Imkan awards consultancy contract for $545m first phase of Makers District

It is also building the 46,000sqm Sheikha Fatima Park and the Nudra development of 37 villas on Saadiyat Island.

Imkan is the second developer to introduce a major development on the border between Abu Dhabi and Dubai after Aldar said in April it would build a $2.72bn community.

The Alghadeer master plan, which incorporates an existing community of the same name with 2,000 homes, comprises 14,408 villa, townhouse and maisonette units across an area of 1.3 million square metres.

Read: Abu Dhabi’s Aldar launches $2.72bn community on Dubai border

Aldar signed a memorandum with Hyperloop Transportation Technologies to incorporate what is claimed to be the world’s first commercial hyperloop system into the development.

Read: Abu Dhabi-Dubai border town chosen for “world’s first” commercial hyperloop