Developer is planning several new real estate projects in Dubai
Local developer Emaar properties has received bids from companies for the contract to build new towers at its Greens development on Sheikh Zayed road in Dubai.
Known as plots 30 and 31, the scheme involves building two mid-rise residential towers. The project is not the only one that Emaar is planning to develop in the near future. It is also developing 226 new villas at its Arabian Ranches development and two new towers at Downtown close to the Burj Khalifa, the world’s tallest tower.
Emaar is also in the early stages of planning for a much larger development at the Downtown development. Known as Westside, the scheme involves building about 14 residential blocks with a built-up area of about 1.2 million square metres across the artificial lake from the the Burj Khalifa and Dubai Mall. It will also have a promenade with shops and food and beverage outlets looking out to the 828 metre-tall tower.
The scheme will sit alongside Emaar’s proposed cultural district that was announced in March. It will sit on an island next to Westside and will contain a modern art museum, an opera house and other cultural facilities. The Dubai Modern Art Museum and Opera House District will also contain two hotels, studios and leisure facilities.
You might also like...
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.