AD Ports Group has signed a AED 2.47 billion land sale agreement with Mira Developments to build one of Abu Dhabi’s largest mixed-use communities in Al Mamoura.
The project will rise on part of AD Ports Group’s 16-square-kilometre Town Centre Area, strategically located along the Dubai–Abu Dhabi highway. Construction is set to begin within a year, with completion expected within a decade.
Under the deal, Mira Developments will develop a fully integrated community featuring residential, commercial, and leisure spaces. Plans include a major shopping mall, business complex, hotels, golf courses, and educational institutions.
Captain Mohamed Juma Al Shamsi, Managing Director and Group CEO of AD Ports Group, said the agreement supports the company’s strategy to unlock value from its land portfolio while reinforcing Abu Dhabi’s long-term growth. “This partnership creates a new income stream and strengthens our financial position, enabling reinvestment into infrastructure and trade projects,” he said.
Timur Mamaikhanov, Co-Founder and CEO of Mira Developments, said the Al Mamoura project will set “new standards for quality and lifestyle in Abu Dhabi.”
The development is expected to transform Al Mamoura into a vibrant community hub, contributing to the emirate’s economic diversification and sustainable urban growth.
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