Danube Properties signs $228.7mn land sale agreement with AD Ports Group for KEZAD Town Centre

Tuesday, 20 January 2026

Danube Properties has signed a land sale agreement worth $228.7 million with AD Ports Group to develop a large-scale residential and mixed-use project within KEZAD Town Centre, supporting Abu Dhabi’s vision for integrated, future-ready communities.

Key Highlights:

Land sale agreement valued at AED840 million ($228.7 million)
Covers approximately 1 million sqm of freehold land
Project located within the 16 sq km KEZAD Town Centre masterplan
Development planned as a major residential and mixed-use destination
Second land sale completed under the KEZAD Town Centre development
Proceeds to be collected over four years with a 10% down payment
Transaction supports land monetisation and financial flexibility for AD Ports Group
Development to serve residents working in nearby industrial and business clusters
Partnership brings together strong master planning and proven delivery expertise
KEZAD Town Centre positioned as a vibrant, integrated lifestyle district