AD Ports headquarters building in Abu Dhabi, UAE.

AD Ports Completes $228.7 Million Land Sale at KEZAD Town Centre

Admin 1
February 4, 2026

A land sale agreement valued at $228.7 million (AED 840 million) has been signed by AD Ports Group with Danube Properties for the development of a large-scale residential and mixed-use project at KEZAD Town Centre.

The transaction involves around one million square metres of freehold land, marking the second land sale under the KEZAD Town Centre masterplan. Key details of the deal include:

  • Proceeds to be collected over four years, with a 10% down payment
  • Funds to be used to reduce AD Ports’ debt levels
  • Development aligned with long-term urban growth plans in Abu Dhabi

Newsletter

Subscription Form
UAE Property Report Logo
Connecting real estate professionals with the
future of technology in the Gulf region.
© 2025 GCC PropTech. All rights reserved.

Unlock Access to Report

Subscription Form

Unlock Access to Report

Download Report Form