Dubai unveils new mega project, Dubai Harbour
Sheikh Mohammed bin Rashid Al Maktoum,Vice President and Prime Minister and Ruler of Dubai, unveiled new mega project-Dubai Harbour-, a unique new waterfront destination that will feature the Middle East and North Africa (MENA) region’s largest marina.
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.
“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.” said Sheikh Mohammed bin Rashid Al Maktoum,Vice President and Prime Minister and Ruler of Dubai.
To be developed in phases, the Dubai Harbour project will be completed in four years after the ground has been broken.