Friday, January 18, 2019 9:57 AM

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Al Qattara Investments reveals expansion plans for Al Ain

Al Qattara Investments, a mixed-use development in Al Ain, has signed an agreement with GEMS Education to strengthen Al Ain Square, the rebranded new identity of Hazza Bin Zayed Community, and reiterated the firm’s future plans for the city of Al Ain.

The announcement marks the development of the community’s third phase, including residential, commercial and community facilities. Phase one and two were completed in 2014 and 2017 and it comprises of a total gross floor area (GFA) of 450,000 square meters. The third phase, which is scheduled to be completed by 2022, will see an additional 200,000 square meters, including the development of a GEMS School. This is the first time that Al Qattara Investments announced a strategic partnership with GEMS Education.

“We would like to congratulate our partners at Al Qattara Investments on this day. Since inception we have been supporting the vision of the company, which is aligned with our strategy to develop sustainable tourism and residential destinations,” said Sultan Al Mutawa Al Dhaheri, Abu Dhabi Tourism and Culture Authority, Director of Tourism Ecosystem.

“We pride ourselves that Al Ain, the UNESCO World Heritage Site, has always been the emirate’s cultural and heritage heartland, and we are confident that with further developments as such, Al Ain will remain an appealing destination for the generation to come,” he added.

Kareem Nagy, Board Member of Al Qattara Investments said: “We are delighted to announce the planning of the new phase of Al Ain Square with a global education partner, GEMS Education, being at the cornerstone of the new phase. Since inception Al Qattara Investments’ primary objective has been to enhance the lifestyle experience of the residents in our communities.”

Named after one of seven oases in Al Ain, Al Qattara stands true to its namesake. A burgeoning center of projects based in the birthplace of the late HH Sheikh Zayed bin Sultan Al Nahyan, Al Qattara was initially founded on the desire to develop sports, residential, business and hospitality spaces in the garden city of Al Ain.

‘’Our strategic alliance with GEMS Education, a leading-edge global education provider will add great value to our community. We have worked closely with GEMS Education since inception, who conceptualised a compelling value proposition for both Al Ain and Al Ain Square, and we are confident that this development will further enhance the profile of our community and contribute to a sustainable future for the next generations,” said Ahmed Barakat, Director – Asset Management.

Abu Dhabi-based Al Qattara, was born out of a vision to build a stadium so inspirational and lively that it would bring together the people of Al Ain in celebration. This vision began to take form in 2012 and was realized in 2014, when the Hazza Bin Zayed Stadium opened its doors to reveal an architectural marvel, unprecedented in the region. The resulting venue is as impressive as it is technologically advanced and – with a capacity of 25,000 – it has truly ignited a sense of pride amongst the sports loving people of Al Ain, becoming a beloved focal point of unity and entertainment for the community.

“GEMS Education is excited about this new project in Al Ain and looks forward to bringing the families in Al Ain Square the high quality education that GEMS schools in the UAE are known for. We are confident that the development of a GEMS school will demonstrate both our and Al Qattara Investments’ commitment to the community,” said Zafar Raja, Chief Operating Officer, GEMS Education.