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U N I T E D A R A B E M I R AT E S Y E A R B O O K 2 0 0 8

ahead of schedule at Al Raha Beach with the completion in mid- 2007 of dredging and reclamation activities on the eastern section of the site forming the first three 'precincts' and producing some 3 million square metres of development land presently under construction by the Aldar/Laing O'Rourke joint venture. The Dh54 billion mixed-use development is designed to accommodate a population of 120,000.

Al Raha Beach development is being undertaken by Aldar.

Spearheaded by the Abu Dhabi Future Energy Company (ADFEC), the Masdar Initiative intends to create a multi-billion dollar, zero- carbon, zero-waste city in the heart of Abu Dhabi by late 2009. The car-free walled city will host Masdar's offices, research and commercial facilities, residential space for employees, as well as a science museum and edutainment amenities. Surrounding land will contain wind and photovoltaic farms, enabling the city to be entirely self-sustaining.

On Abu Dhabi Island, Mubadala and Singapore’s CapitaLand will develop and manage a prime integrated real estate project on the land surrounding the existing Zayed Sports City Stadium. At the same time, TDIC is partnering with Abu Dhabi's Al Farida Investment Company to construct a ‘Bridgeway at Zayed Sports City’, a Dh500 million hotel, apartment and shopping complex.

Construction began in June 2007 on the Dh8 billion Capital Centre, a new microcity of 23 towers, including hotels, commercial buildings, residential complexes and mixed use developments. The site, which is being developed in conjunction with ADNEC and ADTA, also features 2.3 kilometres of waterfront.

Destined to reshape the face of Abu Dhabi are plans by Khor Abu Dhabi Property Development (Al Masoud Group, in partnership with TDIC) to redevelop the site of the former Abu Dhabi Tourist Club. Covering 1.4 million square metres next to Abu Dhabi’s Meridien Hotel, The Quay will be a mixed-use development with leisure, residential and commercial elements, featuring a five-star hotel, Abu Dhabi's first aquarium, a gated residential community, quayside office space and a 60-berth marina.

Other signature projects in the TDIC property portfolio include the landmark 35-storey downtown Grand Corniche Hotel and Residences; the Lagoon Club, a five-star beach resort convention centre and office/residential complex; Emirates Pearl Hotel and serviced apartments; Angsana Eastern Mangrove Resorts and Spa, a delightful eco-retreat; Park Rotana mixed-use development; the five-star Abu Dhabi Creek Business Resorts; the five-star beachfront Shangri-La Hotel, Qaryat al Beri, between Maqta and Mussafah

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