List of development projects in Dubai

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The government's decision to diversify from an oil-based economy, and to make Dubai the main hub of tourists in the world, has made and other developmental projects such as Dubailand, more valuable, resulting in the property boom from 2004 to 2007. There are over 1,500 major freehold developments and communities in Dubai. [1] Construction on a large scale is a part of Dubai Strategic Plan 2015 [2] unveiled by Mohammed bin Rashid Al Maktoum, the Ruler of Dubai, to maintain economic growth and to put Dubai on the map of the world, and a tourist destination of the world. [3] Construction on a large scale has turned Dubai into one of the fastest-growing cities in the world. There are a number of large-scale projects which are currently under construction or will be constructed in the future. Due to the heavy construction which is taking place in Dubai, 30,000 construction cranes, which is 25% of cranes worldwide, were operating in Dubai in 2012. [4] Currently multibillion-dollar construction projects are taking shape in Dubai. [5]

Contents

Great Recession

However, due to the Great Recession, several mega projects were put on hold, including Palm Islands, Dubailand, the Arabian canal, Dubai Exhibition City, The Lagoons, Jumeirah Garden City. Apart from this many supertall skyscrapers have also been put on hold that includes Pentominium, Burj Al Alam, Marina 106, and Dubai Towers Dubai. Construction on Palm Jebel Ali and The World Islands were expected to be resumed in 2010, however recommencement has been further delayed. [6] [7] Construction on other halted projects was thought likely to be resumed in 2011. [8]

Recovery from the Great Recession

A report published by Forbes on October 22, 2012, says Dubai recovered faster from the Great Recession faster than most other countries and now its economy is growing in a higher rate than its counterparts because of its zero tax policy and economic free zones. The estimated GDP growth rate of Dubai in 2012 was 4.5%. [9] The growth was mainly driven by the tourism, commerce and industrial manufacturing sectors. [10]

According to the UAE's Ministry of Finance, Dubai's government has allocated 32.3 billion dirhams ($8.8 billion) for infrastructure projects in 2012, marking a return to big spending on such projects as some of these projects had been stalled due to lack of funding. [11]

In November 2012, Sheikh Mohammed bin Rashid Al Maktoum announced fifteen new projects worth more than $187 million. [12] These projects are a part of the municipality's 2013 to 2015 strategic plan of Dubai. [13]

Mixed use developments

Dubai Marina Dubai marina2.jpg
Dubai Marina
Jumeirah Lake Towers under construction in 2007 Jumeirah Lake Towers on 12 July 2007.jpg
Jumeirah Lake Towers under construction in 2007
ProjectDeveloperExpected completionCostsAreaDescription
1 Dubai Marina Emaar Complete1.56 km2 (0.60 sq mi)World's largest man-made marina, with 200 residential and hotel high rises
2 Nakheel Properties Complete1.8 km2 (0.69 sq mi)Comprises 79 high-rises, mostly residential skyscrapers
3 Business Bay Dubai Properties Group Complete AED 110 billion (US$30 billion)80 million sq. ft.Comprises 240 high- and low-rise buildings, mostly residential and mixed-use skyscrapers.
4 Jumeirah Garden City [A] Meraas On hold AED 350 billion [14] 9 km2 (3.5 sq mi) [15]
5 Culture Village Dubai Properties mid-20163.71 km2 (1.43 sq mi)
6 Jumeirah Village Nakheel Properties 2013 AED 2.4 million8.11 km2 (3.13 sq mi)
7Jebel Ali village Nakheel Properties 20135.20 km2 (2.01 sq mi)The city is expected to accommodate around 500,000 people.
8 Al Maktoum International Airport Dubai Holding Fully operational in 2025US $80 billion1.56 km2 (0.60 sq mi)Upon completion it will be the largest airport in the world. [16]
9Dubai Creek Harbour Emaar late 202070 km2 (27 sq mi)
10 Dubai The Sustainable City Diamond DevelopersComplete46 hectareThe first net zero energy city in Dubai [17]
11 Dubai Investment Park Incomplete2,300 hectares [18] Includes the Lagoons, under development by Schön Properties since 2005; Schön's assets were seized by the Dubai Real Estate Regulatory Agency in August 2018 over the company's failure to complete the development. [19]

Other projects

Business Bay in 2012 Dxbmetrostation.jpg
Business Bay in 2012
Skyline of Business Bay, Dubai as seen from Safa Park Downtown Burj Dubai and Business Bay, seen from Safa Park.jpg
Skyline of Business Bay, Dubai as seen from Safa Park
ProjectDeveloperExpected completionCostsAreaDescription
1 Dubailand [C] Dubai Holding Partially under construction, 2020US$64.3 billion278 km2 (107 sq mi)Dubailand will be the world's largest retail and entertainment world, twice the size of Walt Disney World Resort. It includes 45 mega projects and 200 sub-projects. Currently, there are 22 projects under construction; 6 are complete. [20]
2 Arabian Canal [A] LimitlessHalted temporarilyUS$50 billion75 km longThis will be the world's largest man-made canal. Construction work on Phase 1 of Arabian Canal is currently in progress, but construction on much of the Arabian Canal is currently halted.
3 Jumeirah Garden City Meraas HaltedUS$95 billion9,000,000-square-metreJumeirah Garden City will be built across an area north of Sheikh Zayed Road between Diyafa Street and Safa Park. [15]
4 Dubai International City Nakheel Properties CompleteUS$95 billion8.2 km2 (3.2 sq mi)Dubai International city is a country-themed architecture of residences, businesses, and tourist attractions. [21]
5 Dubai Exhibition City [A] On holdAED 8 billion280,000 m2Dubai Exhibition City upon completion will home to the world's longest single column-free exhibition hall. [22]
6 Dubai Meydan City Partially completeAED 8 billion3,700,000 m2The development includes Meydan Racecourse hotels, sky-bubble restaurant, entertainment, clubs, a concourse plaza, towers and a boat-house.
7 Mohammed bin Rashid City Partially completeAED 8 billion800 million sq ftThe development includes Meydan Racecourse hotels, sky-bubble restaurant, entertainment, clubs, a concourse plaza, towers and a boat-house.
8 Al Sufouh Tramway Dubai Roads and Transport Authority (RTA) November 2014AED 3.18 billion14.5 kilometers (9.0 mi) longAl Sufouh Tramway is a tramway being built in Al Sufouh, Dubai. It will run along Al Sufouh Road from Dubai Marina to the Burj Al Arab and the Mall of the Emirates. [23]
9 Dubai Frame CompleteAED 160 Million150-metre-high, 93-metre-wideDubai Frame is a tourist attraction built near the Star Gate of Zabeel Park. [24]
10 Arabian Ranches [25] Emaar Properties CompleteArabian Ranches is a premium gated community located on Sheikh Mohammad bin Zayed Road and in proximity to Dubai's Global Village. [26] It includes the Arabian Ranches Golf Club and Dubai Equestrian & Polo Club.

[ Canada business tower in Dubai ]

Artificial reclaimed islands developments

Aerial view of Palm Jumeirah Palm Island Resort.jpg
Aerial view of Palm Jumeirah
The World Islands in 2010 2010 The World.JPG
The World Islands in 2010
ProjectDeveloperExpected completionCostsAreaDescription
1 Palm Jumeirah Nakheel Properties Complete$12.3 billionIt is the world's largest man-made island.
2 Palm Jebel Ali [A] Nakheel Properties Temporarily on holdIt will accommodate over 250,000 people by 2020. [27] [28] Construction will be resumed in the coming months.[ when? ] [7]
3 Deira Islands [A] Nakheel Properties scaled down, 202012.5 km2 (4.8 sq mi) by 7.5 km2 (2.9 sq mi)Will be the largest palm island in Dubai.
4 The Universe [B] Nakheel Properties On hold30 km2 (12 sq mi)
5 The World Islands [A] Nakheel Properties complete, but most islands are still unoccupied$14 billion9 km (5.6 mi) and 6 km2 (2.3 sq mi) width
6 Dubai Waterfront [A] Nakheel Properties On hold130 km2 (50 sq mi)The Dubai Waterfront is expected to become the largest waterfront and largest man-made development in the world.
7 Skydive Dubai Nakheel Properties 20121.06 km2 (0.41 sq mi)
8 Dubai Maritime City [A] Dubai Holding CompleteAED 3 billion2.27 km2 (0.88 sq mi)It will be the world's first purpose-built maritime centre.
9 Jumeirah Garden City [A] Meraas 2013 AED 350 billion [14] 9 km2 (3.5 sq mi)Some portion of this development is being reclaimed off the coast near Jumeirah.
10 Bluewaters Island [D] Meraas 2018 AED 6 billionAnnounced on February 13, 2013. the Ain Dubai (formerly the Dubai Eye) giant Ferris wheel will be built on this island. Construction is almost finished. [29]
11 Dubai Harbour Meraas 2020AED 8 billion135 km2 (52 sq mi)Announced on January 2, 2017. Palm Jumeirah Logo Island Construction Dubai Harbour and Emaar Beachfront by Emaar.
12 The Island by Wasl Wasl Asset Management Group2021AED 10 billionAnnounced in March 2017. Porto Dubai cancelled construction Jumeirah Beach MGM Resort, Bellagio Hotel 1,000 rooms and 500,000 square.

Bridges

The site office and showroom, Dubailand sales center, March 7, 2006 Dubailand2006.jpg
The site office and showroom, Dubailand sales center, March 7, 2006
ProjectDeveloperExpected completionCostsLengthDescription
1 Sheikh Rashid bin Saeed Crossing Dubai Roads and Transport Authority 20152.5 billion dirhams1.6 km (0.99 mi)It will be the world's longest arch bridge.
2 Al Ittihad Bridge Dubai Roads and Transport Authority Completed in 2012810 million dirhams300 meters
Notes
A. ^ Construction is currently on hold due to lack of finances.
B. ^ Project is currently in planning stages.
C. ^ Only 22 out of 200 sub-projects of Dubailand are under construction.
D. ^ Approved; construction will start in April, 2013.

See also

Related Research Articles

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<span class="mw-page-title-main">Dubailand</span> Unbuilt entertainment complex in Dubai

Dubailand was an entertainment complex planned to be built in Dubai, United Arab Emirates, which was owned by Tatweer. When announced in 2003 it was one of the most ambitious leisure developments ever proposed anywhere in the world costing $64.3 billion. The development was put on hold in 2008, due to the 2007–2008 financial crisis, Great Recession, and the Dubai housing crash in 2009, but resumed in mid-2013. Updates in 2013 showed that $55 billion had been raised towards the works.

<span class="mw-page-title-main">Palm Islands</span> Artificial islands in Dubai, UAE

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<span class="mw-page-title-main">Jebel Ali</span> Community in Dubai

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<span class="mw-page-title-main">Palm Jebel Ali</span> Artificial archipelago in Dubai, United Arab Emirates

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The Roads and Transport Authority (RTA) was formed by the decree number 17 for the year 2005.

The government of Dubai took a decision to diversify from a trade-based, oil-reliant economy to one that is service and tourism-oriented. This has made real estate and other developments more valuable, thus resulting in a property boom from 2004 to 2006. Construction on a large scale has turned Dubai into one of the fastest-growing cities in the world. There are a number of large-scale projects which are currently under construction or are to be constructed in the future. Due to the heavy construction which is taking place in Dubai, 30,000 construction cranes, which are 25% of cranes worldwide, are operating in Dubai. Due to the burst of construction, Dubai has acquired various building-related records, which include: the world's tallest tower, the world's largest shopping mall, the world's largest fountain and the world's tallest hotel. Also under construction is Dubailand, which will be almost twice the size of the Walt Disney World Resort.

<span class="mw-page-title-main">Jumeirah Garden City</span>

The master plan of Jumeirah Garden City refers to the re-development of a 9,000,000-square-metre (97,000,000 sq ft) land area, conceptualized to be a part of the 2015 strategic plan for Dubai. The development consists of 12 districts with an envision built up area of 14,000,000 square metres (150,000,000 sq ft). The Jumeirah Garden City aims to cater to a population of 50,000 to 60,000 residents. The project will cost approximately Dh350 billion.

<span class="mw-page-title-main">Jebel Ali Village</span> Community in Dubai, United Arab Emirates

Jebel Ali Village (JAV) is a neighbourhood in Jebel Ali, southern Dubai, United Arab Emirates. Now it is a redevelopment by Nakheel Properties of the existing Jebel Ali Village. Churches Complex of Jebel Ali is located here.

<span class="mw-page-title-main">Tourist attractions in Dubai</span> Overview of tourist attractions in Dubai, United Arab Emirates

There are many tourist attractions in Dubai, resulting from the large scale construction boom. Dubai received 14 million tourists from all around the world in 2015. Euromonitor ranked the world's 150 most visited cities by international tourists in 2009; Dubai ranked 7th. Dubai welcomed 14.36M visitors in 2022. Dubai's economy relies on many sections of the "state", one of the most important being tourism, in 2014 total 70,475,636 passengers traveled through Dubai Airport.

<span class="mw-page-title-main">Port of Jebel Ali</span> Port in United Arab Emirates

Port of Jebel Ali, also known as Mina Jebel Ali, is a deep port located in Jebel Ali, Dubai, United Arab Emirates. Jebel Ali is the world's ninth busiest port, the largest man-made harbour, and the biggest and by far the busiest port in the Middle-East. Port Jebel Ali was constructed in the late 1970s to supplement the facilities at Port Rashid.

<span class="mw-page-title-main">Bluewaters Island</span> Artificial island in Dubai, United Arab Emirates

Bluewaters Island is an artificial island 400 metres (1,300 ft) off the Jumeirah Beach Residence coastline, near Dubai Marina, in Dubai, United Arab Emirates.

The following is a timeline of the history of the city of Dubai, United Arab Emirates.

<span class="mw-page-title-main">Outline of Dubai</span> Overview of and topical guide to Dubai

The following outline is provided as an overview of and topical guide to Dubai.

Meraas is a holding company privately held and headquartered in Dubai with operations and assets in the United Arab Emirates. In 2020, Meraas become a subsidiary of Dubai Holding, following a directive from Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai.

ASGC Construction is a construction conglomerate company established in 1989, headquartered in Dubai, UAE. ASGC is one of 26 companies in the Al Shafar Group. In 2020, the company had annual revenues of $1bn and 17,000 employees. It is privately owned by Mohamed Saif Bin Shafar (chairman), Emad Azmy (vice-chairman) and Mohammed Al Sayyah.

References

  1. ↑ "Real Estate Projects in Dubai". Lookup.ae. 2015-03-26. Retrieved 2015-03-26.
  2. ↑ "Dubai Strategic Plan 2015 pdf" (PDF).
  3. ↑ "H.H. Sheikh Mohammad unveils highlights of Dubai Strategic Plan (2015) - Dubai...Where the Future Begins | Dubai Strategic Plan 2015". AMEinfo.com. 2007-02-26. Retrieved 2011-12-13.
  4. ↑ "gulfnews : Dubai has 30,000 construction cranes". Archive.gulfnews.com. 2006-06-18. Archived from the original on 2009-02-02. Retrieved 2011-12-13.
  5. ↑ "Dubai Mega Projects 2024 - Journey Through Dubai's Iconic Mega Projects". 2024-06-22. Retrieved 2024-06-26.
  6. ↑ Spencer, Richard (17 December 2009). "Dubai: Developer says work to resume on The World islands". The Daily Telegraph. London. Retrieved 8 May 2010.
  7. 1 2 Sarah Blackman. "Palm Jebel Ali enabling works to be awarded soon". ConstructionWeekOnline.com. Retrieved 2011-12-13.
  8. ↑ "Saudi's Tanmiyat to resume UAE developments in 2010 - The National". Thenational.ae. Retrieved 2011-12-13.
  9. ↑ "Dubai has recovered faster because of zero tax economic free zones". Forbes.com. Retrieved 30 March 2013.
  10. ↑ "Dubai growth is mainly driven by the tourism". Al-shorfa.com. Retrieved 30 March 2013.
  11. ↑ "المشارق".
  12. ↑ "Dubai Mega Projects 2024: Journey Through Dubai's Iconic Mega Projects". 2024-04-04. Retrieved 2024-04-05.
  13. ↑ "Dubai Ruler approves $187mn in projects - Big Project Middle East". Archived from the original on 2013-06-28. Retrieved 2013-02-15.
  14. 1 2 "Meraas Development launched Dh350 Billion Jumeirah Gardens". Dubaichronicle.com. 2008-10-07. Archived from the original on 2009-02-16. Retrieved 2011-12-13.
  15. 1 2 "Meraas cuts back Jumeira Gardens - The National". 4 March 2009.
  16. ↑ "Al Maktoum International Airport". Zawya.com. 30 March 2013.
  17. ↑ "The Sustainable City, Dubai « 2016 UNEP FI Global Roundtable". www.unepfi.org. Retrieved 2017-06-01.
  18. ↑ Fahy, Michael: DIP-based companies reach 4,600 as investors take advantage of park’s proximity to Expo 2020 site, July 31, 2016, The National
  19. ↑ Badam, Ramola Talwar (August 2, 2018). "Schon property and funds seized over failure to deliver Dubai Lagoon development". The National.
  20. ↑ "Dubailand". Dubailand.ae. Archived from the original on 27 May 2008. Retrieved 30 March 2013.
  21. ↑ "Nakheel - Where Vision Inspires Humanity". Archived from the original on 2017-07-02. Retrieved 2013-02-16.
  22. ↑ "Samsung to build $354mn Dubai exhibition hall". Archived from the original on 2010-07-23. Retrieved 2014-01-05.
  23. ↑ gulfnews.com/news/gulf/uae/traffic-transport/dubai-s-first-tram-project-taking-shape-in-al-sufouh-1.47163
  24. ↑ "Dubai Frame". tumblr.com. Retrieved 7 May 2014.
  25. ↑ "Arabian Ranches".
  26. ↑ "Arabian Ranches Villas & Townhouses, Dubai". Lookup.ae – Real Estate. Real Information. Retrieved 2018-05-07.
  27. ↑ "Palm Jebel Ali enabling works to be awarded soon - progress update". Constructionweekonline. 4 October 2007. Retrieved 2007-10-28.
  28. ↑ Blackman, Sarah. "Palm Jebel Ali enabling works to be awarded soon - ConstructionWeekOnline.com".
  29. ↑ "Dh6b tourism project in Dubai unveiled". Gulf News . 13 February 2013.
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