AD Ports Sells Dh2.47bn Land for Mega Al Mamoura Project

Abu Dhabi is set to witness one of its largest real estate developments in recent years. AD Ports Group has finalized a Dh2.47 billion land sale to Mira Developments, paving the way for a vast mixed-use community in Al Mamoura.

The land, part of AD Ports’ 16-square-kilometre Town Centre, is strategically positioned along the Dubai–Abu Dhabi highway, ensuring excellent connectivity for future residents and businesses. Construction is expected to begin within 12 months, with the project projected for full completion over the next decade.

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The planned development promises a comprehensive lifestyle hub, featuring a major shopping mall, business centers, hotels, golf courses, and educational institutions including schools and universities. Experts note that such large-scale projects can significantly enhance Abu Dhabi’s real estate landscape, attracting both local and international investors.

The deal not only reflects confidence in the emirate’s property sector but also provides AD Ports Group with a substantial financial boost, allowing reinvestment into growth projects and strategic debt reduction.

Industry analysts highlight that this transaction ranks among the largest land deals in Abu Dhabi in recent years, signaling strong market optimism and a shift towards integrated urban communities.