ByAarti Nagraj http://gulfbusiness.com
Contrary to expectations, Dubai’s penchant to have the ‘biggest, tallest and the best’ has not been diminished by the property meltdown in the emirate in 2008/2009.
If anything, the announcements for huge and inconceivable developments have only increased in the past year.
While some are new ideas, others are revamped versions of earlier projects that were stalled or suspended during the crisis.
Gulf Business rounds up five big developments that, when complete, are certain to reshape Dubai’s map.
MOHAMMED BIN RASHID CITY (MBR CITY)
Announced by Dubai’s ruler Sheikh Mohammed Bin Rashid Al Maktoum in November last year, this massive tourism and retail development, linked with Business Bay and Downtown Dubai, will include the world’s largest mall and a park 30 per cent bigger than London’s Hyde Park.
The development will also include over 100 hotel facilities, and will be built by Dubai Holding and real estate firm Emaar Properties.
THEME PARKS COMPLEX
The Dhs10 billion development, also revealed around the same time as the MBR City project, includes a complex of five theme parks, the first stage of which is slated for completion in 2014.
Located near the Jebel Ali port area, the complex will include an adventure park featuring Hollywood brands, a marine park, a children’s park and a night safari. The project will be developed by Meraas Holding. More info and photos
