AD Ports Group Signs Landmark AED2.47 Billion Deal with Mira Developments for Mixed-Use Community in Al Mamoura, Abu Dhabi
ABU DHABI, 6th October, 2025 — In a major milestone for Abu Dhabi’s real estate sector, AD Ports Group has signed a landmark land sale agreement with Mira Developments LLC for the creation of one of the emirate’s largest mixed-use communities.
The land—part of the Group’s expansive 16-square-kilometre Town Centre Area—is strategically located along the Dubai–Abu Dhabi highway in the vibrant Al Mamoura district. Valued at AED2.47 billion, the agreement lays the foundation for a fully integrated community to be developed over the next decade.
Construction is set to begin within 12 months, with completion expected within 10 years from the agreement’s effective date, 29th September 2025. The project marks a cornerstone in Abu Dhabi’s sustainable urban growth strategy, aligning with the emirate’s vision for balanced and future-ready development.
Driving Growth and Diversification
This landmark transaction underscores AD Ports Group’s transformation into a diversified, future-focused organization, highlighting its capability to attract strategic investments and unlock new value from its extensive land portfolio. The proceeds will enhance the Group’s financial position, enabling debt reduction and the redeployment of capital into high-impact infrastructure, logistics, and trade facilitation projects.
Captain Mohamed Juma Al Shamsi, Managing Director and Group CEO of AD Ports Group, stated:
“This landmark agreement with Mira Developments reflects our commitment to advancing the development of our land portfolio and attracting new investment. The significant land sale establishes a new source of income for the Group, strengthening our financial position through debt reduction and reinvestment into growth projects. Together with Mira Developments, we are not merely developing one of Abu Dhabi’s largest mixed-use plots — we are shaping a high-quality, liveable community that supports economic diversification and delivers lasting economic and social value for Abu Dhabi, in line with the vision of our wise leadership.”
Transforming Al Mamoura into a Premier Destination
The Al Mamoura development will redefine Abu Dhabi’s real estate landscape, introducing a vibrant, world-class community that seamlessly integrates residential, commercial, and leisure facilities.
Standout features include:
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One of the region’s largest shopping malls
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A business complex and premium hotels
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World-class golf courses
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Leading educational institutions, including universities and schools
This visionary project not only meets rising demand for high-quality developments in the capital but also reinforces international investor confidence in Abu Dhabi’s long-term economic prospects.
Timur Mamaikhanov, Co-Founder and CEO of Mira Developments LLC, commented:
“We are pleased to partner with AD Ports Group on this transformative project. The Al Mamoura site is an exceptional location, and we are committed to developing a landmark mixed-use community that will set new standards for quality and lifestyle in Abu Dhabi.”
A Vision for the Future
As a partnership, AD Ports Group and Mira Developments aim to set a new benchmark for community development in the UAE capital. The project will foster a balanced, dynamic environment, transforming Al Mamoura into a prestigious destination where business and community life can prosper together.
Team V.4-EM-UAE
