Built to inform

Sign up for the daily newsletters

No, Thank you

Work begins on NCTH's two $300m projects in Abu Dhabi

Construction work on both projects started after the approval of chairman HE Sheikh Hamdan bin Mubarak Al Nahyan

Work has started on two NCTH projects in Abu Dhabi.
Work has started on two NCTH projects in Abu Dhabi.

The UAE’s National Corporation for Tourism and Hotels (NCTH) has approved the construction of a residential and leisure project each in Abu Dhabi under $300m (AED1.1bn) of budgeted investment.

NCTH said the first project, Capital Views, will be a “modern, urban, and mixed-use development” in the business and exhibition area of Abu Dhabi National Exhibition Centre, and will feature 319 residential and 323 serviced apartments.

A joint venture between NCTH and Sino Gulf, the project has an estimated budget investment cost, including land, of $190.6m (AED700m) and will be ready in the last quarter of 2021.

The second development, Intercontinental Grand Marina Residences in Al Bateen, has an estimated budget investment of $108.9m (AED400m).

With construction continuing on-site, the project is due to open at the beginning of 2021.

Work on both projects began following the signed approval of HE Sheikh Hamdan bin Mubarak Al Nahyan, chairman of NCTH.

The developer said both Capital Views and Intercontinental Grand Marina Residences are part of its “three-year goal to expand its hotel and resort propositions in Abu Dhabi”.

Most popular


Dubai's JW Marriott Marquis Hotel to host CW Awards 2019
15th edition of the CW Awards will be held at the five-star Dubai hotel to


Leaders UAE 2019: ALEC, CSCEC ME, Arada bosses on diversification
EXCLUSIVE: Kez Taylor, Sachin Kerur, Elie Mrad, and Grigoris Christofides share insights at Leaders UAE

Latest Issue

Construction Week - Issue 749
Sep 15, 2019