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Dubai Waterfront
From Wikipedia, the free encyclopedia
The Dubai Waterfront is proposed to become the largest waterfront and largest man-made development in the world. [1] The project is a conglomeration of canals and artificial islands; it will occupy the last remaining Persian Gulf coastline of Dubai, the most populous emirate of the United Arab Emirates. It will consist of a series of zones with mixed use including commercial, residential, resort, and amenity areas. [1] The vision of the project is "to create a world-class destination for residents, visitors and businesses in the world's fastest growing city". [1]
Run by the Dubai Waterfront Company, the project is open to foreign investment with its real estate developer, Nakheel Properties, owning a 51% stake. [2]
The artificial islands, shaped in an arc, will produce a shelter around the The Palm, Jebel Ali, one of the three Palm Islands, the largest artificial islands (shaped like palm trees) in the world also being constructed by Nakheel Properties. [3] The project will also feature a 75 kilometer Arabian Canal that will run from the coast into the desert and a major harbor. [2]
The Dubai Waterfront will extend Dubai's coastline by 820 kilometers, twelve times the length of its current coastline. [3] It will consist of 440 square kilometers of water and land developments, an area seven times the size of Manhattan, New York in the United States.[citation needed] It is expected to house 400,000 people.[citation needed]
Located near to the new Dubai World Central International Airport, and with direct access to Sheikh Zayed Road, Jebel Ali Freezone and Abu Dhabi, the city will be fully accessible on a local and international scale.
The project will feature hundreds of waterfront developments and planned communities. It will consist of 10 key areas including Madinat Al Arab [1], which is expected to become the new downtown and central business district of Dubai. [3] Madinat Al Arab has been carefully crafted and developed by an international consortium of highly regarded architects, planners and urban developers. [2] It will be anchored by Al Burj, which when completed is expected to be 700 - 1200 meters in height, making it one of the world's tallest buildings. Madinat Al Arab will feature resorts, retail, commercial spaces, public spaces, a broad mix of residencies and an integrated transport system including light rail and a sophisticated road network.
The first phase of Madinat Al Arab (30%) was unveiled to a select invited group of private property and investment institutions from the United Arab Emirates and Cooperation Council for the Arab States of the Gulf in July 2005. Within five days, it had been completely sold out, for over 13 billion AED.
Other key zones include Al Ras [2], Corniche [3], The Riviera [4], The Palm Boulevard [5], The Peninsula [6], Uptown, Downtown, Boulevard, and The Exchange [7]. [4]
See the plans for the Dubai Waterfront here: http://www.dubaiwaterfront.ae/po_mp.php
- ^ a b c Project Overview. Dubai Waterfront. Retrieved on August 4, 2007.
- ^ a b c H.H. Sheikh Mohammed announces the launch of Dubai Waterfront, the world's largest waterfront development. AME Info. Retrieved on August 4, 2007.
- ^ a b c Dubai Waterfront. TEN Real Estate. Retrieved on August 4, 2007.
- ^ Master Plan. Dubai Waterfront. Retrieved on August 4, 2007.