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Valdebebas (Spanish pronunciation: [baldeˈβeβas]) is an urban development area under construction in the city of Madrid, Spain near Barajas Airport. It will host around 12,500 apartments and houses for a population of 40,000 inhabitants. The Valdebebas Woodland Park is being constructed with an area of 500 hectares. The neighbourhood will also have retail spaces, offices, hotels, and public facilities.