NATIONAL INVESTMENT CORPORATION IN ABU DHABI

About the company

NIC was established in 1999 in Abu Dhabi to develop breakwater areas and create sustainable environment for economical, social prospects and to attract more tourists. The National Investment Corporation is based in the Emirate of Abu Dhabi and has the head office in Marina Mall.

NIC's first project was Marina Mall, which is a premium-class, modern shopping mall with large circulation spaces, quality anchor tenants and a vast collection of brand names. Marina Mall, which is located on the scenic Breakwater, was opened to the public in 2001. NIC is being operated by a team of experienced and highly respected businessmen. The сhairman and majority shareholder of NIC is Sultan bin Khalifa Al Nahyan, an advisor to His Highness The President of the UAE.

From its foundation, the company continues following its key values by creating state-of-the-art, high quality projects fitted for residential and commercial purposes, and staying reliable and trustworthy developer.

NIC's portfolio includes a number of high-end projects , including Abu Dhabi Marina Mall, Abu Dhabi Fairmont Hotel and Serviced Apartments, Marina City, Marina Office Park and Marina Luxury Villas, as well as some upcoming major and prestigious projects in the breakwater area.

The first project of the company was world famous Marina Mall. NIC launched the project in 1999 and by 2001 the doors of Marina Mall were opened for the first visitors and got a fast demand from shoppers and tenants. During this time NIC kept on growing with the next project Marina Royal, a residential community of 100 luxury villas, which was completed in 2006. Also in 2006, the first extension of 130 000 sq. m of Marina Mall was completed and by 2010 the number of visitors reached almost 16 million visitors.

The Office Park-Marina Village is an additional development to the breakwater area, which was completed in 2008. The project was designed as a mixed use of residential and commercial properties. This is a desirable destination for companies that are looking for privacy and accessibility. The complex consists of 107 residential units and is located at the back of the Marina Mall.

Best properties by company

Marina Mall remains the flagship project of NIC. Having undergone the second expansion of 300 000 sq. m in 2018, the Mall became a self-contained residential destination. In addition to the extension, NIC decided to develop Marina Walk as well with expansion of 19 500 sq. m including Abu Dhabi's first skate park. Among the newest projects by the National Investment Corporation is Marina Sunset Bay, a residential community comprising 67 villas and 210 apartments, where each residential unit has a sea view and contemporary layout.

NIC is also well-known as a developer in the hospitality sector. Fairmont Marina Hotel and Marina Residences and Resort is one of the landmark projects developed by the company. The hotel is primarily located in Abu Dhabi breakwater and spans an area of 155 000 sq. m with wide water frontage. The Fairmont Marina Resort offers 563 rooms and suites and the Fairmont Marina Residences offers 249 serviced residences.

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