Gulf Contractors Company appointed to carry out earthworks and grading, set for completion in early 2020

Abu Dhabi-UAE: 19 May, 2019 – Jubail Island Investment Company (JIIC) has announced the
appointment of Gulf Contractors Company (GCC) to commence enabling works for the AED5
billion Jubail Island that was recently launched in Abu Dhabi. Enabling works are scheduled for
completion in January 2020.

Enabling works are generally associated with large-scale land development projects and entail
major earthworks and grading of the site, ahead of the installation of infrastructure such as roads,
utilities, and other facilities. For this significant contract, over 2.5 million cubic metres of material
will be excavated and placed to create the formation level for over 40 kilometres of roadways and
more than 800 residential properties.

In developing the grading plan for the community, the design team optimised the distinctive and
unique features of the site, such as the hills at the North and West ends of the development to
enhance the overall character of the property, as well as maximise expansive views of the
waterfront and downtown skyline.

Mounir Haidar, Managing Director of JIIC, said: “We are delighted to announce the appointment
of the contractor for enabling works which are slated for completion in early 2020.
“Offering housing, commercial, leisure and freehold investment opportunities for Emiratis and
expatriates is a central planning element for Jubail Island and today’s announcement confirms
the timely delivery of the newly launched project in conformity with leading construction and
environmental standards.”

Mounir Haidar added: “Jubail Island will include wildlife preservation areas and other conservation
zones, complementing an elegant residential and commercial setting in a low-density community.
This unrivalled combination will contribute to shaping a premier investment destination in the
capital city of Abu Dhabi.”

As an attractive investment zone at a 10-minute distance from downtown Abu Dhabi, Jubail Island
offers easy access to several key attractions in the UAE capital and is only a 50-minute drive from
Dubai Marina.

Poised to become Abu Dhabi’s most sought-after residential sanctuary for wellness and nature
enthusiasts, Jubail Island spans 400 hectares and will comprise a mix of serviced plots, high-end
and mid-range properties, as well as retail, office park and F&B outlets.

Set to feature six investment zone villages – Marafaa Al Jubail, Nad Al Dhabi, Seef Al Jubail, Ain
Al Maha, Souk Al Jubail and Bed’a Al Jubail, Jubail Island is strategically located between Yas
Island, Saadiyat Island, and Abu Dhabi city.

With a Pearl Rating from Abu Dhabi’s Estidama certification system, the project is also set to
significantly enhance the island’s natural ecosystem through planting new mangrove forests, as
well as adding extensive canals and other new marine habitats that will be home to migratory
birds, fish populations, sea turtles, and gazelles. The development will also boast generous
outdoor areas and include parks, hiking paths, kayaking stations and cycling routes for nature
lovers and water sports enthusiasts.