Real Estate

Abu Dhabi, United Arab Emirates, 17 February 2019: IMKAN, the globally acclaimed property developer known for creating soulful places that enrich peoples lives, is inviting investors and businesses to explore the leasing and investment opportunities that will be available in Sheikha Fatima Park.

Hand-in-hand with its strategic partner, Abu Dhabi Municipality, IMKAN is developing the inner-city community green space in Khalidiya district. The redesign is set to transform the area into a dynamic destination for all ages; while becoming Abu Dhabis premier urban park with open-air leisure and entertainment.

In alignment with the Abu Dhabi Economic Vision 2030, which outlines a strategy for reduced reliance on the oil sector as a key source of economic activity over time, IMKAN is focused on strengthening the Emirates economic vision and in solidifying its footing as the regions investment haven. Abu Dhabi is a world-class investment destination, offering a promising value proposition to businesses and investors alike with attractive returns and yields.

The park encompasses an area of 46,000m2, which is inclusive of an adventure zone, and a section devoted to women and children. The projects timely commencement coincides with regional and global businesses increasingly looking towards Abu Dhabi for stronger investment opportunities.

The Park is strategically located at the corner of Al Bateen Street and Zayed the First Street, offering close to 10,000sqm of leasable space for businesses to provide their unique services in a picturesque setting. Avenues for collaboration and investments are available in commercial, retail and leisure segments. Food & beverage units, offices and clinics are designed with the flexibility to expand and with the option of having terraces surrounded by park vistas and overlooking event plazas, green activity spaces and tranquil open lawns.

By using IMKANs unique approach to community building and an emphasis on encouraging active wellness, Sheikha Fatima Park will provide a trendy urban walkable environment catering to co-worker office spaces, sports and wellness facilities, outdoor event concepts and leisure activities. Additionally, the park will be a draw for families and members of a long-standing community who will return to the park to explore the varied new attractions and events hosted there, including pop-up movie screenings, yoga and Pilates classes and art fairs to name a few.

Walid El-Hindi, Chief Executive Officer of IMKAN, said: Sheikha Fatima Park will not only benefit the physical health and wellness of this community, but it is also a platform for businesses. We will be considering offers from groups that complement our ethos of creating soulful places that enrich peoples lives. Our research-led approach has enabled us to develop the ideal urban green space that will focus on promoting mental, physical and spiritual health equity, and we want the outlets who operate in Sheikha Fatima Park to promote these values.

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