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Not to be left behind or overlooked,
the Dubai Modern Art Museum and the
ambitious Opera House District are in
an advanced stage of development.
Thus, it will be seen that, when
completed, this township will be a
regional hub for experiencing the arts
and crafts which display the cultural
heritage of any country or region.
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Thus, it can be easily foreseen that,
in light of the ambitious policies and
the abundance of planned projects, all
denominations of investors, tourists,
businesses,
professional
experts
and job seekers will make a beeline
for the emirates, particularly Dubai.
And, that is not all; Dubai envisages
mammoth projects by 2020, foremost
among them being the Mohammed
Bin Rashid City (MBR City) which will
house four components for setting up
innovative businesses apart from the
largest shopping mall in the world.
When complete, it will experience the
footfall of more than 35 million visitors.
In tune with its policy of being the best
city, Dubai will also be home to the
largest airport in the world with a mind-
boggling surface area of 140 sq km. This
revolutionary concept will see a brand new
concept in aviation history; the project
will cost $32 billion and will contain
an integrated township and residential
project apart from the airport complex.
Work on the Dubai Water Canal, an
innovative canal to link the Business
Bay Canal with the Arabian Gulf is
already underway. This project will
also see the development of many
shopping malls, international hotels,
retail shopping outlets and huge
entertainment centres in its premises.
No city can be complete without
sports and recreation being given
its due place and Dubai has some of
the best world-class facilities in the
offing; Dubai Sports City steals the
thunder from all other similar projects.
It is the biggest of them all with plans
to set up dozens of sports stadiums,
indoor
and
outdoor
complexes,
and will provide accommodation to
thousands of players and sports lovers.
That is why it will be a wholesome
mix of sports facilities, residential
and
commercial
towers.
Mazaya Monthly Real Estate Report -
Week 3 - December 2015