Launch of The Souk on Jubail Island

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A new project is planned to be developed on Jubail Island by LEAD Development, known for projects such as Capital Plaza, Nour Gardens, Al Fahid, Saraya Residential Tower and more. The Souk, which can be translated from Arabic as ‘the market’, offers traditional Middle East commercial and retail spaces, and in this case will feature creative spaces, entertainment and leisure facilities, commercial spaces and offices, as well as all the necessary infrastructure objects which include but are not limited to a nursery, a clinic, a gymnasium, a supermarket, several dining options and a mosque.

The Souk will connect six villages across the island and will enable its residents and visitors to easily get from one destination to another, including such sights as Jubail Beach Park, the Marina and Jubail Mangrove Park. Moreover, residents of Jubail Island can easily get to other key areas of the emirate. Thus, travel time to the cultural hub of Saadiyat Island, is reachable within 20 minutes, while the entertainment area of the capital, Yas Island, takes less than 30 minutes to get to.

As Mahmoud Dandashly, Chief Business Officer of LEAD Development, stated, the launch of The Souk is a unique addition to Jubail Island, which will provide residents and guests with a high-quality and sustainable lifestyle. He added that due to the favourable location of the development at the main gate of the island, as well as the presence of all the convenient elements for living, entertaining and working, The Souk will redefine the standard of living of its residents.

The Souk will also feature 1–3 bedroom apartments in Jubail Terraces. The AED 10B (USD 2.7B) Jubail Island will become home to over 5,000 residents, and its six residential communities will spread over 400 hectares. The first villas are planned to be completed in Q4 2023. Around 260 apartments, 200 townhouses and 650 villas will be located on the island. The destination has already attracted the attention of potential investors, as well as those wishing to experience a harmonious lifestyle in one of the most developing areas of Abu Dhabi.

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