Waha Land is a developer and manager of residential, commercial and industrial real estate projects in Abu Dhabi. The company also targets a socio-economic strategy of developing and operating soft-infrastructure projects, mainly in education and health services, as well as in the hospitality sector.

The opportunities for Waha Land are very significant, given the scale of projected growth in the emirate. Not only has the Abu Dhabi Government targeted annual non-oil GDP growth at between 7.5% and 9.5% through 2030, but

the population is expected to triple to 3.1 million, the number of residential units is set to jump from 180,000 to 686,000 and total industrial space will likely grow from 4 million square meters to 15 million square meters.

The company’s land bank includes a 6-square-kilometer grant from the government of Abu Dhabi. Waha Land’s first announced development, ALMARKAZ (www.almarkaz.ae), will be a mixed-use industrial project in the emirate of Abu Dhabi.