The total floor area of projects approved by Abu Dhabi’s Urban Planning Council (UPC) more than tripled in the second quarter of the year with the amount of land under development in the emirate on course to be significantly higher in 2015 compared to last year.
The UPC said that 26 development projects spanning a total gross floor area (GFA) of more than 2.3 million square metres was approved during the second quarter – up from 708,999 sq m in the first three months of the year.
The number of projects approved was also up by just under 25 per cent quarter on quarter. Year on year there were fewer approved compared to the 46 projects that got the green light in the earlier period, but they had a much higher gross floor area.
Mohamed Al Khadar, UPC’s executive director for urban development and Estidama sector, attributed this to the completion of the integrated master plan for Al Reem Island, which dramatically boosted gross floor area.
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