Named after the leader, announcement for multi-billion dollar project none other than Mohammad Bin Rashid City tops all! Courtesy of Dubai Holding and Emaar Property whore strategic partners in the construction described it as the biggest real estate joint venture in entire UAE. So far, no specific budget has been leaked for subprojects within the city other than worlds biggest shopping mall and universal family theme park thatll be three times bigger than Hyde Park of London. Also, many Dubai villas for sale will be available here.
Also in the charts is the expansion of Madinat Jumeirah with a proposed budget of AED 2.5 billion which is around $680 million. Thisll further boost tourism development within the Emirati region. Coming up to the fourth phase of expansion facing Burj Al-Arab will include villa complexes, commercial markets with retail stores, open air walking tracks, five-star hotels and restaurants. If all goes well, this work would be completed by end of next year; that is 2015.
Thisll be Meydans first foray located along Sheikh Zayed road which is one of its kind iconic sporting arenas. The new addition to the many skyscrapers would consist of nine pools, indoor running tracks, tennis courts, club house, sky gardens and rooftop nightclub with its own infinity pool. Ideal for adventure and sports lovers!
If pyramids of Giza, Hanging gardens of Babylon, Great wall of China, Leaning tower of Pisa and Eiffel tower enthralled you, then get ready as developers from Falcon City of Wonders, a Dubai-based project are about to steal the show. Entitled as Land of India & Taj Arabia, a unique addition from Indian subcontinent will be a replica of Agra tourist attraction. Its supposed to be completed by the end of this year while New City of Love is another name suggested for it.
Extension plans for Business Bay Canal project with budget AED 1.5 billion is also included in the blueprints. Once completed in two years, itll stretch all the way from Sheikh Zayed Road to Arabian Gulf. Plans for Floating hotels as announced by Roads & Transport Authority will surely set a new record for visitors and local residents.
Theres just no end to list of mega projects and further adding to the list are number of underwater hotels in the Emirate region from shipbuilding arm of Dubai World. Agreement was signed between Dry-docks World and Swiss contractor to bring forth the World Discus Hotel which will be partly waterlogged. Apart from leisure facilities, project also involves a fully equipped and modernized laboratory for ocean environment protection and sea-based research.
Al-Habtoor group of Dubai announced earlier to demolish its 34 years old Metropolitan hotel and remodel the entire area into an ultimate tourism complex instead valued for about $1.3 billion. Three luxury hotels with a theatre are likely to instill the perimeter along with shopping arcade, themed restaurants, tennis and sports academy.
Heres a list of a few out of many grandeur projects thatll soon show up on the map of Dubai. Till then, enjoy reading!