Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, announced the development of Dubai Harbour, a unique new waterfront destination that will feature the Middle East and North Africa (MENA) region’s largest marina.
His Highness Sheikh Mohammed bin Rashid made the announcement in the presence of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council; Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority and Chairman of Emirates Group; Sheikh Mansour bin Mohammed bin Rashid Al Maktoum, Chairman of Dubai International Marine Club; Khalifa Saeed Sulaiman, Director-General of Dubai Protocol Department, and Abdulla Al Habbai, Group Chairman of Meraas.
The project, located on King Salman bin Abdulaziz Al Saud Street, in the area between the Jumeirah Beach Residence and Palm Jumeirah – also known as Mina Al Seyahi – will be developed by Dubai’s leading holding company Meraas.
The iconic luxury waterfront destination, spread over 20 million sq. ft, will include a 1,400-berth marina, the biggest in the MENA region, as well as a cruise ship port and terminal, a shopping mall covering 3.5 million sq. ft – the largest one in the area – an events arena, luxurious residential buildings, hotels, offices, retail stores, public service facilities, restaurants, cafes and the Dubai Lighthouse.
The master plan of the new project also integrates Skydive Dubai, Dubai International Marine Club, DIMC, and the Logo Island into a single community.
To be developed in phases, the Dubai Harbour project will be completed in four years after the ground has been broken.
Commenting on the project, His Highness Sheikh Mohammed said, “We are happy that this new project, which represents a unique and innovative new addition to the region’s tourism landscape, opens up a range of new opportunities to investors. Dubai Harbour creates a venue for new investments that support our vision for this important sector and promise to further accelerate the expansion of the tourism industry in the UAE, which is already growing rapidly. I am confident that the project will have a highly positive impact on the entire region’s tourism sector. We are keen to encourage new projects and promote investments that will contribute to bringing to the region more tourists interested in experiencing this part of the world.”
He also noted that this project is inspired by the Gulf’s long maritime tradition, which has been inextricably linked to the evolution of trade and commerce in the region. More info
By Staff www.emirates247.com