Real estate projects announced in Abu Dhabi so far, including those under planning and development, are estimated to cross $466 billion (Dh1.71 trillion) when completed, according to the latest update.
More than Dh700 billion ($190 billion) is being budgeted across just the top 10 civil construction projects currently planned or under way in Abu Dhabi, said a statement.
Abu Dhabi-based Reem Investments plans to invest in phases at least Dh2 billion over the next two years to develop its two mixed-use real estate projects in the emirate - Najmat and Rawdhat - a company executive said on Thursday.
With the burgeoning property market in the region and the billions of dollars spent on new and ambitious developments, heritage protection has until now taken a distinctly back seat.
