Abu Dhabi developer Hydra Properties will hand over Zone 8 of its sprawling Hydra Village affordable housing project by the end of June.
Spanning more than 9.2ha, Zone 8 includes 582 two-bedroom villas, a low-rise residential building, swimming pools, public gardens, an outdoor gym, playground, supermarket, and a mix of retail units.
It is located on the outskirts of Abu Dhabi and is part of Hydra Village, which has been under way for more than five years. It is one of several affordable housing developments making progress in the UAE.
"There has been an obvious trend of people looking further outside the city to get more for their money, and Hydra Village delivers that and more," said Hydra Properties' chief commercial officer, Mohamad Al-Habech.
"Reaching the handover point is always a significant and very rewarding milestone, as we know the owners of these properties are very keen to get hold of their keys."
Al-Habech added that Hydra Properties had made construction headway on Hydra Avenue, which will include six towers of between 24 and 29 storeys connected by a five-floor podium.
"We have a long-term vision that we are always working towards to create communities that offer comfortable living in urban settings, therefore I’m delighted by the progress we are making as we continue to make that vision a reality.
“We look forward to expanding the existing Hydra Village and Hydra Avenue communities and offering comfortable lifestyles to more families and residents in Abu Dhabi.”
Hydra Properties could not be reached to comment on the value of the affordable housing project at the time of writing.