List of development projects in Dubai explained

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]

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

Project Developer Expected completion Costs Area Description
1Dubai MarinaEmaarComplete1.56abbr=onNaNabbr=onWorld's largest man-made marina, with 200 residential and hotel high rises
2Nakheel PropertiesComplete1.8abbr=onNaNabbr=onComprises 79 high-rises, mostly residential skyscrapers
3Business BayDubai Properties GroupCompleteAED 110 billion (US$30 billion)80 million sq. ft.Comprises 240 high- and low-rise buildings, mostly residential and mixed-use skyscrapers.
4Jumeirah Garden CityMeraasOn holdAED 350 billion[14] 9abbr=onNaNabbr=on[15]
5Culture VillageDubai Propertiesmid-20163.71abbr=onNaNabbr=on
6Jumeirah VillageNakheel Properties2013AED 2.4 million8.11abbr=onNaNabbr=on
7Jebel Ali villageNakheel Properties20135.2abbr=onNaNabbr=onThe city is expected to accommodate around 500,000 people.
8Al Maktoum International AirportDubai HoldingFully operational in 2025US $80 billion1.56abbr=onNaNabbr=onUpon completion it will be the largest airport in the world.[16]
9Dubai Creek HarbourEmaarlate 202070abbr=onNaNabbr=on
10Dubai The Sustainable CityDiamond DevelopersComplete46 hectareThe first net zero energy city in Dubai[17]
11Dubai Investment ParkIncomplete2,300 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

Project Developer Expected completion Costs Area Description
1DubailandDubai HoldingPartially under construction, 2020 US$64.3 billion 278abbr=onNaNabbr=onDubailand 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]
2Arabian CanalLimitlessHalted temporarily US$50 billion 75 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.
3Jumeirah Garden CityMeraasHalted US$95 billion 9,000,000-square-metreJumeirah Garden City will be built across an area north of Sheikh Zayed Road between Diyafa Street and Safa Park.
4Dubai International CityNakheel PropertiesComplete US$95 billion 8.2abbr=onNaNabbr=onDubai International city is a country-themed architecture of residences, businesses, and tourist attractions.[21]
5Dubai Exhibition CityOn hold AED 8 billion 280,000 m2Dubai Exhibition City upon completion will home to the world's longest single column-free exhibition hall.[22]
6Dubai Meydan CityPartially complete AED 8 billion 3,700,000 m2The development includes Meydan Racecourse hotels, sky-bubble restaurant, entertainment, clubs, a concourse plaza, towers and a boat-house.
7Mohammed bin Rashid CityPartially complete AED 8 billion 800 million sq ftThe development includes Meydan Racecourse hotels, sky-bubble restaurant, entertainment, clubs, a concourse plaza, towers and a boat-house.
8Al Sufouh TramwayDubai Roads and Transport Authority (RTA)November 2014 AED 3.18 billion 14.5km (09miles) long Al 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]
9Dubai FrameComplete AED 160 Million 150-metre-high, 93-metre-wideDubai Frame is a tourist attraction built near the Star Gate of Zabeel Park.[24]
10Arabian Ranches[25] Emaar PropertiesComplete Arabian 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

Project Developer Expected completion Costs Area Description
1Palm JumeirahNakheel PropertiesComplete$12.3 billion It is the world's largest man-made island.
2Palm Jebel AliNakheel PropertiesTemporarily on holdIt will accommodate over 250,000 people by 2020.[27] [28] Construction will be resumed in the coming months.
3Deira IslandsNakheel Propertiesscaled down, 202012.5abbr=onNaNabbr=on by 7.5abbr=onNaNabbr=onWill be the largest palm island in Dubai.
4The UniverseNakheel PropertiesOn hold30abbr=onNaNabbr=on
5The World IslandsNakheel Propertiescomplete, but most islands are still unoccupied$14 billion9abbr=onNaNabbr=on and 6abbr=onNaNabbr=on width
6Dubai WaterfrontNakheel PropertiesOn hold130abbr=onNaNabbr=onThe Dubai Waterfront is expected to become the largest waterfront and largest man-made development in the world.
7Skydive DubaiNakheel Properties20121.06abbr=onNaNabbr=on
8Dubai Maritime CityDubai HoldingCompleteAED 3 billion2.27abbr=onNaNabbr=onIt will be the world's first purpose-built maritime centre.
9Jumeirah Garden CityMeraas2013AED 350 billion 9abbr=onNaNabbr=onSome portion of this development is being reclaimed off the coast near Jumeirah.
10Bluewaters IslandMeraas2018AED 6 billion Announced 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]
11Dubai HarbourMeraas2020AED 8 billion135km2Announced on January 2, 2017. Palm Jumeirah Logo Island Construction Dubai Harbour and Emaar Beachfront by Emaar.
12The Island by WaslWasl 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

Project Developer Expected completion Costs Length Description
1Sheikh Rashid bin Saeed CrossingDubai Roads and Transport Authority20152.5 billion dirhams1.6abbr=onNaNabbr=on It will be the world's longest arch bridge.
2Al Ittihad BridgeCompleted in 2012810 million dirhams 300 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

    External links

    Notes and References

    1. Web site: Real Estate Projects in Dubai . Lookup.ae . 2015-03-26 . 2015-03-26.
    2. Web site: Dubai Strategic Plan 2015 pdf.
    3. Web site: 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 . 2011-12-13.
    4. Web site: gulfnews : Dubai has 30,000 construction cranes . Archive.gulfnews.com . 2006-06-18 . 2011-12-13 . dead . https://web.archive.org/web/20090202192227/http://archive.gulfnews.com/articles/06/06/18/10047703.html . 2009-02-02 .
    5. Web site: 2024-06-22 . Dubai Mega Projects 2024 - Journey Through Dubai's Iconic Mega Projects . 2024-06-26 . en-US.
    6. News: Dubai: Developer says work to resume on The World islands . The Daily Telegraph . London . Richard . Spencer . 17 December 2009 . 8 May 2010.
    7. Web site: Sarah Blackman . Palm Jebel Ali enabling works to be awarded soon . ConstructionWeekOnline.com . 2011-12-13.
    8. Web site: Saudi's Tanmiyat to resume UAE developments in 2010 - The National . Thenational.ae . 2011-12-13.
    9. Dubai has recovered faster because of zero tax economic free zones . Forbes.com . 30 March 2013.
    10. Web site: Dubai growth is mainly driven by the tourism . Al-shorfa.com . 30 March 2013.
    11. Web site: المشارق.
    12. Web site: 2024-04-04 . Dubai Mega Projects 2024: Journey Through Dubai's Iconic Mega Projects . 2024-04-05 . en-US.
    13. Web site: Dubai Ruler approves $187mn in projects - Big Project Middle East . 2013-02-15 . dead . https://web.archive.org/web/20130628012755/http://www.bigprojectme.com/news/dubai-ruler-approves-187mn-in-projects/ . 2013-06-28 .
    14. Web site: Meraas Development launched Dh350 Billion Jumeirah Gardens . Dubaichronicle.com . 2008-10-07 . 2011-12-13 . dead . https://web.archive.org/web/20090216142834/http://www.dubaichronicle.com/business/property/meraas-development-launched-dh350-billion-jumeirah-gardens-1823 . 2009-02-16 .
    15. Web site: Meraas cuts back Jumeira Gardens - The National. 4 March 2009 .
    16. Web site: Al Maktoum International Airport . Zawya.com . 30 March 2013.
    17. Web site: The Sustainable City, Dubai « 2016 UNEP FI Global Roundtable. www.unepfi.org. en-US. 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. News: Badam . Ramola Talwar . Schon property and funds seized over failure to deliver Dubai Lagoon development . The National . August 2, 2018 . en.
    20. Web site: Dubailand . Dubailand.ae . 30 March 2013 . dead . https://web.archive.org/web/20080527215804/http://www.dubailand.ae/company_history.html . 27 May 2008 .
    21. Web site: Nakheel - Where Vision Inspires Humanity. 2013-02-16. https://web.archive.org/web/20170702021004/http://www.nakheel.com/en/. 2017-07-02. dead.
    22. Web site: Samsung to build $354mn Dubai exhibition hall. 2014-01-05. https://web.archive.org/web/20100723141340/http://www.arabianbusiness.com/509268-samsung-to-build-354mn-dubai-exhibition-hall. 2010-07-23. dead.
    23. gulfnews.com/news/gulf/uae/traffic-transport/dubai-s-first-tram-project-taking-shape-in-al-sufouh-1.47163
    24. Web site: Dubai Frame. tumblr.com. 7 May 2014.
    25. Web site: Arabian Ranches.
    26. Web site: Arabian Ranches Villas & Townhouses, Dubai. Lookup.ae – Real Estate. Real Information.. en. 2018-05-07.
    27. Web site: Palm Jebel Ali enabling works to be awarded soon - progress update . Constructionweekonline . 4 October 2007 . 2007-10-28.
    28. Web site: Palm Jebel Ali enabling works to be awarded soon - ConstructionWeekOnline.com. Sarah. Blackman.
    29. News: Dh6b tourism project in Dubai unveiled. . 13 February 2013 .