Dubai 3.0 : Time for another Emirati megacity
Time for Dubai 3.0 with a new mega-city plan
Click here to add Dubai as an alert
Disable alert for Dubai,
Click here to add Dubai Government as an alert
Disable alert for Dubai Government,
Click here to add London as an alert
Disable alert for London,
Click here to add Shaikh Mohammad Bin Rashid Al Maktoum as an alert
Disable alert for Shaikh Mohammad Bin Rashid ...
An ambitious new mega-city, including the world’s largest mall and a park bigger than London’s Hyde Park, was announced yesterday— kickstarting the “Dubai 3.0” development plan, according to a statement from the Dubai Government’s media office.
The “Mohammad Bin Rashid City” will be a “new city within Dubai” focused on the emirate’s key sectors including retail, tourism, entrepreneurship and exhibitions, the statement said.
“The current facilities available in Dubai need to be scaled up in line with the future ambitions for the city,” His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, said yesterday.
The new city will be located between Emirates Road, Al Khail Road and Sheikh Zayed Road. It will connect Downtown Dubai and Bussiness Bay through a crossing. It will be connected to Downtown Dubai and Business Bay through a crossing to be called “Cultural Crossing” that will include art galleries and create the largest area for arts in the region.
The cost of the massive project was not revealed but it will be carried out by Dubai Holding and Emaar Properties, which developed Burj Khalifa, the world’s tallest tower.
Business leaders and analysts said the project was substantiated by the growing tourism numbers and footfall in the shopping malls.
- Will terror attacks damper Arabs' appetite for European holidays?
- So cool it's hot: Saudi Arabia's $3.2B HVACR market driven by construction boom
- US, EU protectionist policies may be a blessing in disguise for GCC suppliers
- Dubai to Doha: How far can you stretch your dirham?
- OPEC's poor history of compliance will make production cut deal a challenge
- Emaar Properties and Dubai Holding launch exclusive ‘Dubai Hills’ gated golf-course community in MBR City
- Betting on a bubble? New $4 billion residential initiatives announced in Maktoum City
- Mohammad Bin Rashid Centre for Leadership Development presents key features of Dubai Logistics City during Dubai Policy Watch forum
- Dubai Tourism transfers registration and licensing of maritime activities within Dubai to Dubai Maritime City Authority