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.

Contents

Global financial crisis of 2008–2009

However, due to the 2007–2008 financial crisis, several mega projects had been 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. [5] [6] Construction on other halted projects was thought likely to be resumed in 2011. [7]

Recovery from global financial crisis

A report published by Forbes on October 22, 2012, says Dubai has recovered faster from the financial crisis 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%. [8] The growth was mainly driven by the tourism, commerce and industrial manufacturing sectors. [9]

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. [10]

In November 2012, Sheikh Mohammed bin Rashid Al Maktoum announced fifteen new projects worth more than $187 million. These projects are a part of the municipality's 2013 to 2015 strategic plan of Dubai. [11]

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 [12] 9 km2 (3.5 sq mi) [13]
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. [14]
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 [15]
11 Dubai Investment Park Incomplete2,300 hectares [16] 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. [17]

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. [18]
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. [13]
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. [19]
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. [20]
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. [21]
9 Dubai Frame CompleteAED 160 Million150-metre-high, 93-metre-wideDubai Frame is a tourist attraction built near the Star Gate of Zabeel Park. [22]
10 Arabian Ranches [23] Emaar Properties CompleteArabian Ranches is a premium gated community located on Sheikh Mohammad bin Zayed Road and in proximity to Dubai's Global Village. [24] 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. [25] [26] Construction will be resumed in the coming months.[ when? ] [6]
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 [12] 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. [27]
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

<span class="mw-page-title-main">Dubai</span> Most populous city in the United Arab Emirates

Dubai is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the country's seven emirates.

<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, but development has been severely impacted by global recession and Dubai's financial crisis. The development was put on hold in 2008, due to the global financial meltdown of 2007-2008, 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, United Arab Emirates

The Palm Islands consist of three artificial islands: Palm Jumeirah, Deira Islands, and Palm Jebel Ali, on the coast of Dubai, United Arab Emirates. The Palm Islands were constructed around the same time as The World Islands. Nakheel Properties is the Palm Islands real estate developer. The creation of the islands began in 2001 and ended around 2006/2007. These islands have significantly impacted ocean sediment and wildlife in the surrounding area.

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

Jebel Ali is a port town 35 kilometers (22 mi) south-west of Dubai. The Jebel Ali Port is located there. Al Maktoum International Airport has been constructed just outside the port area. Jebel Ali is connected to Dubai via the UAE Exchange, Danube and Energy stations on the Dubai Metro. Among the infrastructure projects built to support the port and town is the world's largest desalination plant, the Jebel Ali Desalination Plant, providing an ample supply of freshwater.

<span class="mw-page-title-main">Nakheel Properties</span> Property development company in Dubai

Nakheel Properties is a real estate development company based in Dubai, United Arab Emirates. The formal name of the company is Nakheel PJSC and it was a subsidiary of Dubai World and a private state-owned enterprise.

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

Dubai Marina, aka Marsa Dubai, is a district in Dubai, United Arab Emirates. It is an artificial canal city built along a 3-kilometre (2 mi) stretch of the Persian Gulf shoreline. As of 2018, it has a population of 55,052. When the entire development is complete, it will accommodate more than 120,000 people in residential towers and villas. It is located on Interchange 5 between Jebel Ali Port and the area which hosts Dubai Internet City, Dubai Media City, and the American University in Dubai. The first phase of this project has been completed. Dubai Marina was inspired by the Concord Pacific Place development along False Creek in Vancouver, BC, Canada.

<span class="mw-page-title-main">Dubai World Trade Centre</span> Building in Dubai, United Arab Emirates

A global business facilitator since 1979, Dubai World Trade Centre (DWTC) is a prominent purpose-built convention and exhibition centre. DWTC provides a platform for connecting people, products, innovation and ideas from around the world through a dynamic calendar of international trade exhibitions and its own roster of sector leading mega events. As a designated free zone, complemented by award-winning commercial real estate, DWTC plays an integral role in Dubai and the region’s growth story with an estimated total economic output of AED 200 Billion, attracting over 30 million business visitors to Dubai over the past four decades.

<span class="mw-page-title-main">Dubai Holding</span> Government owned company

Dubai Holding is Dubai ruler Sheikh Mohammed bin Rashid al-Maktoum's global investment holding company and personal investment portfolio, which owns 99.67% of the capital.

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 . The announcement of the project coincided with the global financial crisis, and the construction of the project was put on hold due to global financial crisis.

<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. To maintain this important position in the tourism industry they are known to create big and impressive tourist attractions.

<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 privately held holding company headquartered in Dubai with operations and assets in the United Arab Emirates. As of 2020, Meraas was reportedly due to become a subsidiary of Dubai Holding.

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.

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