mega projects dubai

Property management companies in Dubai have experienced tremendous growth with dozens of futuristic projects in line with the Expo 2020. Let’s have a look at some mega projects reshaping Dubai from scratch!

#1. Museum of the Future

museum of futureExpected to be completed in 2017, the Museum of the Future will showcase world’s most recent and innovative creations. The project has been launched by the Vice President and Prime Minister of the UAE; his Excellency and ruler of Dubai none other than Sheikh Mohammed bin Rashid Al-Maktoum.

The circular structure will appear on the map besides Jumeirah Emirates Towers near to Dubai International Finance Centre (DIFC). The project costs more than $200 million and it’s ought to become a major tourist destination.

The Museum will host concentrated workshops, public events and would also offer advanced professional courses. No doubt, it’ll become focus of innovation among the seven Emirates.

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#2. Jewel of the Creek

jewel of creekScheduled to be completed by first quarter of 2017, Jewel of the Creek project is worth $816 million which comprises a gigantic waterfront complex. It represents 10-floor apartment buildings, super luxury hotels, business towers, convention center with a ballroom, a recreation center, a network of retail shops, eateries and a marina. Jewel of the Creek is located amidst Al-Maktoum Bridge, the Floating Bridge and Baniyas Road spanning approximately 123,955 square meters of the area.

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#3. Al-Habtoor City

al habtoor cityA multi-purpose development, Al-Habtoor City is worth $3 billion comprising three hotels and first-class residential towers. Of the three hotels, the St. Regis Dubai was the first one to inaugurate in December 2015 followed by W Dubai Al-Habtoor City in June 2016 and Westin Dubai opened to public in August 2016.

Residential towers are expecting completion in 2017 with two grand buildings of 74-floors to appear on the map alongside the third 52-storeyed. Most prominent features to get indulged with are; The City Grill (South-African Steakhouse), ZOCO (Mexican-Latin American Lounge) and more associated to the Atrium; a dining destination at Al-Habtoor City.

#4. Aladdin City

aladdin cityFinally, the long-awaited project gets real-time implementation! Dubai Municipality begin designing the Aladdin City located right in the center of Dubai Creek. Inspiration of this development project came from the renowned stories of Sindbad and Aladdin.

Once complete, we’ll see three towers including hotel and commercial space covering a distance of around 110,000 square meters. Air-conditioned bridges with moving floors, driveways and parking lots are also expected. Development authorities relayed the project completion date that’ll be in 2018 however absolute timeline remains uncertain.

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#5. Deira Islands

deira islandsAlso expecting completion in 2018 with a total cost of approximately $200 million, Deira Islands would be a constituent of Palm Islands hence named as Palm Deira.

Project features dedicated beachfront hotels and eminent resorts along with futuristic shopping center, an Arabic souk-style night market, a marina that can harbor large vessels, an amphitheater that can accommodate 30,000 people and much more.

That’s not all; there’ll be hundreds of new hotels, serviced apartments and more marking it as hottest tourist spot in all Dubai.

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#6. Mohammed Bin Rashid City (MBR) – District One

mohammed bin rashid cityMBR City – District One has been termed as the “new city” following grand investment of $10 billion is stretched across 1,110 acres. The project features family tourism with ultra-modern park that’s likely to receive more or less 35 million visitors annually.

This park is being established in collaboration with Universal Studios including more than 100 hotels. Retail sector would feature Mall of Dubai which is conceived as the world’s biggest shopping mall so far. There’ll be lots of business opportunities as well so the project would also benefit the economy.

Conclusion :

Property management in Dubai or in entire UAE is at its peak and likely to soar with all the imminent developmental projects.