Developers plan new Dubai real estate schemes

03 October 2012

Local Meydan Group and India’s Sobha release details of projects in Sheikh Zayed Road and Nad al-Sheba

Dubai-based developer the Meydan Group has released details of its plans for a new development in Nad al-Sheba and a 100-storey tower on Sheikh Zayed road.

The planned mixed-use tower is expected to have about 100 storeys, and will include serviced apartments, shops, swimming pools and garden areas. If the scheme goes ahead, it will be built on Sheikh Zayed road next to the existing Fairmont hotel.

The architect for the tower is US-based Ae7.

Known as Hadaeq Sheikh Mohammed bin Rashid, the Nad al-Sheba scheme will be built on 5 square kilometres of land between Meydan’s racecourse grandstand and Al-Khail road. The long-term project includes apartment buildings, villas, office blocks, a boutique hotel and a shopping mall.

The scheme will also include public areas and gardens with areas for tennis, squash and paintballing, together with a horse riding trail, running track, cycle path, and 7-kilometres of canals.

Like the tower, the architect for the scheme is Ae7.

India’s Sobha Real Estate is waiting for planning permission for another large-scale development in the Nad al-Sheba area. If its Sobha City development is approved, construction is expected to start in 2013.

Sobha recently secured 700,000 square metres of land from Meydan, on which it plans to build 280 luxury villas with 5,000 to 10,000 square feet of built-up area, and 20 apartment blocks, including high-rise towers ranging from 50-80 storeys and mid-rise towers with less than 50 levels.

The development will also include a hotel, shopping centre, recreation facilities, and two international schools, one following a US curriculum, the other Indian.

The design of Sobha City is being completed in house. The engineering consultant for the villas is the local BES. The engineering consultant for the two schools is the local ECG.

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