Emaar Properties to Develop 10 million sq ft Waterfront Residences and Hotel Project in Dubai Harbour

Emaar Properties today revealed that it will create about 10 million sq feet of waterfront houses and a new hotel project at Dubai Harbour, the 20 million sq feet location developed by Meraas. Dubai Harbour was introduced previously this year by His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai.

Emaar's residences and hotel development will certainly have an amazing beachfront location in Dubai Harbour, in between the Jumeirah Coastline Residences and The Palm Jumeirah. Drawing on its proven toughness in establishing and handing over excellent quality household and hospitality projects, Emaar will concentrate on developing a collection of elegantly created skyscraper residential apartments overlooking Arabian Gulf.

Emaar's hospitality project will certainly be run by its Address Hotels + Resorts and will include branded houses. It will certainly include worth to location with a considerable variety of elegant amenities, dining establishments, along with health and leisure centers embeded in a spectacular place.

Emaar's new household project will bring unbelievable worth for residents as they enter into among the region's dynamic locations that features the upcoming Dubai Lighthouse, a modern cruise port with two terminals and the Middle East and North Africa region's biggest marina. The residential area developed by Emaar will certainly belong to an integrated vacationer destination, with the masterplan collection to incorporate Skies Dive Dubai, Dubai International Marine Club and Logo design Island under Dubai Harbour.

His Excellency Abdulla Al Habbai, Group Chairman of Meraas, stated: "Meraas is devoted to bringing innovative locations and experiences to life that are straightened with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, and the tactical purposes described in Dubai Tourism Vision 2020 and Dubai Plan 2021. Developments such as Dubai Harbour are main to our initiatives to define Dubai as a preferred place to live, work and go to and consist of a number of unique attributes that will certainly create step-by-step worth for the local economic situation and drive growth in the maritime tourism field. We are confident that our collaboration with Emaar will certainly enhance our objective of developing a first-rate destination that appeals to individuals around the world."

Mohamed Alabbar, Chairman of Emaar Properties, said: "Creating our share of land in Dubai Harbour, an iconic luxury waterfront location, to create world-class residences and hospitality jobs will certainly contribute to our portfolio of prime advancements in stunning locations in Dubai. With its selection of maritime-oriented way of living and recreation attractions, Dubai Harbour will certainly be just one of the dynamic recreation and tourist centers of the city. It contributes to the track-record of Meraas in delivering unique destinations. Contributing to Emaar's Dubai Property Development business, the houses and hotel project in Dubai Harbour will certainly create substantial long-term worth for our shareholders. Emaar's new development will certainly likewise match the vision of HH Sheikh Mohammed bin Rashid Al Maktoum in establishing Dubai as a global tourism and way of life hub."

Emaar's plots of arrive at Dubai Harbour are ideally positioned to develop an elegant community with the houses along with the hotel project providing straight beachfront access. Residents and guests step out to a relaxing ambience by the coastline along with a variety of marina pursuits in very easy closeness.

Emaar's hotel project will certainly attract attention for the phenomenal solution requirements used by Address Hotels + Resorts, the flagship brand name of Emaar Hospitality Group. Positioning its messaging as 'Where life takes place', Address Hotels + Resorts uses a more personal and interesting experience to guests in a premium way of life atmosphere, enriching the lives of its visitors with luxury, style and sophistication.

Dubai Harbour will feature a sophisticated multi-modal transport infrastructure comprising an outstanding road network along with air and sea connection. There will certainly additionally be an advanced public transport system, water stations, pedestrian bridge, jogging and cycling tracks.

The upcoming Dubai Lighthouse will add more financial value to the area along with producing a new sky line. A building icon, the 135-metre-high Dubai Lighthouse will have an observation deck offering 360 level views of Palm Jumeirah and Bluewaters, residence of Ain Dubai, the globes' highest and largest observation wheel.

To name a few attributes of Dubai Harbour, developed by Meraas which make Emaar's household tasks attractive to investors, are the 1,100-berth marina that fits small, medium and superyachts, a cruise liner port and 2 terminals that could welcome around 1.2 million guests yearly, a shopping center of 875,000 sq ft, an events arena, and innovative food and beverage concepts.