The National Investment Corporation (commonly known as NIC) is a highly successful Abu Dhabi-based company which specializes in mall development and management, real estate development and hospitality sectors within the UAE.
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.
ADM : 20230000095124 CN : 2301096
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.
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.
Marina Mall stands as the flagship project of the National Investment Corporation (NIC), marking its significance in the region. The Mall underwent a substantial second expansion of 300,000 sq. m in 2018, transforming it into a self-contained residential destination. In conjunction with this expansion, NIC took the initiative to create Marina Walk, adding an additional 19,500 sq. m, which features Abu Dhabi’s inaugural skate park.
A notable addition to NIC’s portfolio is Marina Sunset Bay, a residential community featuring 67 villas and 210 apartments. Each residential unit in this development offers a scenic sea view and a modern layout, emphasizing NIC’s commitment to creating distinctive living spaces.
NIC’s prowess extends into the hospitality sector, with the Fairmont Marina Hotel and Marina Residences and Resort standing out as a landmark project. Nestled in Abu Dhabi’s breakwater, the hotel encompasses a sprawling 155,000 sq. m area with an expansive waterfront. The Fairmont Marina Resort boasts 563 rooms and suites, while the Fairmont Marina Residences offers 249 serviced residences, showcasing NIC’s dedication to delivering exceptional hospitality experiences.
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