AD Ports Inks Dh2.47 Billion Deal with Mira for Abu Dhabi Mega Project

AD Ports Dh2.47 Billion Deal

AD Ports Group has signed a Dh2.47 billion land sale agreement with Mira Developments to create one of Abu Dhabi’s largest mixed-use communities. This landmark deal aims to develop a vibrant area in the Al Mamoura district, combining residential, commercial, and leisure facilities to serve the needs of residents and businesses. The project represents a significant step in Abu Dhabi’s urban growth and reflects the emirate’s focus on sustainable and integrated community development.

Strategic Location and Project Overview

The land allocated for this project is part of AD Ports Group’s expansive 16-square-kilometre Town Centre Area. Its strategic position along the Dubai–Abu Dhabi highway ensures excellent connectivity and easy access for future residents, workers, and visitors. Construction is planned to start within 12 months, with full completion expected within ten years from the agreement’s effective date in September 2025.

The development will include:

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  • Residential units designed to meet the needs of different demographics.
  • Commercial spaces, including office buildings and retail outlets, to support business activities.
  • Leisure facilities such as parks, recreational areas, and entertainment venues for residents and visitors.
  • Educational institutions, including schools and universities, to meet the community’s educational requirements.
  • Healthcare facilities, such as hospitals and clinics, to ensure the well-being of residents.

The project is envisioned as a self-sustaining community where people can live, work, and enjoy their free time without needing to travel far. This approach is expected to attract families, professionals, and investors looking for a modern urban environment.

Financial Implications and Strategic Importance

The Dh2.47 billion agreement is among the largest land sales in Abu Dhabi in recent years. For AD Ports Group, the deal provides immediate revenue and unlocks the potential of its extensive land portfolio. The proceeds will be used to reduce debt and reinvest in infrastructure, logistics, and trade facilitation projects, further strengthening the company’s financial position.

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Captain Mohamed Juma Al Shamsi, Managing Director and Group CEO of AD Ports Group, highlighted that the agreement reflects the company’s ongoing commitment to optimizing its land assets while attracting significant investment. He added that the development aligns with Abu Dhabi’s vision to promote sustainable growth and create transformative urban spaces that contribute to the emirate’s economic diversification.

Mira Developments: A Vision for Sustainable Urban Living

Mira Developments, a Dubai-based real estate developer, brings substantial experience in creating integrated communities. Co-Founder and CEO Timur Mamaikhanov emphasized that the Al Mamoura site has exceptional potential for developing a landmark mixed-use community. He expressed confidence that the project will set new standards for quality, design, and lifestyle in Abu Dhabi.

The collaboration between AD Ports Group and Mira Developments demonstrates a shared vision for creating a balanced, dynamic community where residential, commercial, and leisure activities complement one another. The development is expected to be a model of sustainable urban planning, combining modern infrastructure with community-centered design.

Expected Benefits for Abu Dhabi

The project is anticipated to generate numerous benefits for Abu Dhabi, including:

  • Economic growth through construction activities, job creation, and commercial opportunities.
  • Enhanced real estate value in the Al Mamoura district, attracting further investments.
  • A modern, sustainable urban community with integrated facilities for living, working, and recreation.
  • Improved lifestyle options for residents through parks, leisure spaces, and cultural amenities.
  • Educational and healthcare infrastructure that meets the needs of a growing population.

Abu Dhabi’s real estate market has experienced notable growth, with property deals increasing significantly in the first half of 2025. The total value of transactions reached billions of dirhams, driven by a surge in residential and commercial property sales. The development of Al Mamoura is expected to further stimulate the market, introducing a premium community that will attract residents, investors, and businesses alike.

AD Ports Dh2.47 Billion Deal

Project Timeline and Phased Development

The project is planned as a multi-phase development over ten years, ensuring efficient resource allocation and gradual community establishment. Initial phases will focus on residential and commercial buildings, followed by leisure, education, and healthcare facilities. This phased approach will allow Mira Developments to refine and optimize the community design based on early feedback from residents and stakeholders.

Infrastructure planning is a key part of the project, with road networks, utilities, and public transport links being developed alongside buildings. The aim is to ensure seamless connectivity and a high quality of life for future residents. Green spaces and sustainable solutions, such as energy-efficient buildings and waste management systems, are also a central feature of the project.

Long-Term Impact on Urban Development

The Al Mamoura mega project is expected to serve as a benchmark for future urban developments in Abu Dhabi. By integrating residential, commercial, and recreational spaces, it demonstrates how mixed-use communities can enhance city living. The project aligns with Abu Dhabi’s broader goals of economic diversification, innovation, and sustainable growth.

AD Ports Group’s involvement highlights the importance of strategic land use and investment in shaping the emirate’s urban landscape. The deal also reflects Mira Developments’ commitment to long-term, high-quality projects that meet the evolving needs of urban populations. Together, the two companies aim to create a vibrant, self-sustaining community that will set new standards in Abu Dhabi.

Conclusion

The Dh2.47 billion agreement between AD Ports Group and Mira Developments is a landmark deal that will transform the Al Mamoura district into one of Abu Dhabi’s most significant mixed-use communities. Combining residential, commercial, leisure, educational, and healthcare facilities, the project represents a new standard for integrated urban living.

With construction set to begin within a year and phased development over the next decade, the project is expected to attract residents, investors, and businesses, contributing to Abu Dhabi’s economic growth and urban modernization. The collaboration reflects a shared vision of sustainable development, high-quality infrastructure, and community-centered design. As the Al Mamoura project progresses, it will likely become a model for future urban developments in Abu Dhabi and the wider UAE.

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