Dubai Informer
Information about Dubai in all aspects
Wednesday, July 02, 2008
The long-awaited $1.5 billion (Dh5.5 billion) Atlantis, The Palm,
located at the head of The Palm Jumeirah, with sweeping views both out to the Gulf and down the spine of the Palm back to Dubai, is right on schedule to open doors on September 24, officials said.
The entire Atlantis, The Palm development has a value of around $1.5 billion, including Aquaventure waterpark and Dolphin Bay.
The hotel alone has a development value of around $1 billion, Jim Boocher, president of development at Kerzner International, managers of Atlantis, told the media during a guided tour yesterday.
Boocher said the difference between Atlantis and other hotels was that it was a "destination hotel", not simply a holiday hotel.
Atlantis has 1,539 rooms spread between the East and West towers. There are a total of 150 suites, including two presidential suites and 35 regal suites. Average prices start at around $454 per night. The connecting bridge between the two towers is the 924-square metre Bridge Suite, which costs an impressive $25,000 per night and is still under construction.
A total of 58,000 kilometres of steel bars were used in the construction of Atlantis, over nine times the length of the Great Wall of China. Around 500,000 cubic metres of concrete, 100,000 lights and one kilometer of pipes are all involved in the 46-hectare site.
There are also 17 food and beverage outlets and around 23 boutique shops. The hotel also features the Ambassador Lagoon, one of the biggest tanks in the world, according to Sol Kerzner, chairman and chief executive officer of Kerzner International.
The Lagoon will eventually house 65,000 fish and holds 11 million litres of water.
Kerzner said Atlantis is "all about the ocean", so the Aquaventure waterpark will be 17 hectares and will feature the tallest freefall slide in the Middle East, which falls nine storeys.
Aquaventure will also have a 2.7-kilometre tube river. Within the development is Dolphin Bay, which houses 28 dolphins brought to Dubai from the Solomon Islands.
This is Kerzner's second Atlantis project, the first being Atlantis, Paradise Island in the Bahamas, which includes a mini resort called Cove Atlantis.
"There won't to be 50 Atlantis projects. They are too big to do that. I like them to be seen as more unique. But Atlantis here in Dubai has a feel and a sense of place," Kerzner told Gulf News.
However, development will not stop once Atlantis opens in September, as Kerzner International still has land left to fill on the Palm.
"We have land that still has not been developed, beyond the waterpark and I'm hopeful that we will develop a Cove Atlantis there," said Kerzner.
Kerzner has overseen both Atlantis projects and the launch of the One & Only brand in Europe. He said Dubai has continued the growth pattern since he developed the Royal Mirage back in 1998.
"I've seen it all, since the Royal Mirage was in the desert. It's phenomenal how this place has grown. I thought when we got to early 2000, it couldn't continue and it just continues and everyone is doing pretty well in the industry," Kerzner said.
Perhaps a first in Dubai, Atlantis is due to open on schedule on September 24 and the official opening ceremony is on November 20.
"There's a lot of building [in Dubai] and it's very tough to keep schedules and even tougher to keep budgets, but this will open on schedule," Sol Kerzner told the media.
located at the head of The Palm Jumeirah, with sweeping views both out to the Gulf and down the spine of the Palm back to Dubai, is right on schedule to open doors on September 24, officials said.The entire Atlantis, The Palm development has a value of around $1.5 billion, including Aquaventure waterpark and Dolphin Bay.
The hotel alone has a development value of around $1 billion, Jim Boocher, president of development at Kerzner International, managers of Atlantis, told the media during a guided tour yesterday.
Boocher said the difference between Atlantis and other hotels was that it was a "destination hotel", not simply a holiday hotel.
Atlantis has 1,539 rooms spread between the East and West towers. There are a total of 150 suites, including two presidential suites and 35 regal suites. Average prices start at around $454 per night. The connecting bridge between the two towers is the 924-square metre Bridge Suite, which costs an impressive $25,000 per night and is still under construction.
A total of 58,000 kilometres of steel bars were used in the construction of Atlantis, over nine times the length of the Great Wall of China. Around 500,000 cubic metres of concrete, 100,000 lights and one kilometer of pipes are all involved in the 46-hectare site.
There are also 17 food and beverage outlets and around 23 boutique shops. The hotel also features the Ambassador Lagoon, one of the biggest tanks in the world, according to Sol Kerzner, chairman and chief executive officer of Kerzner International.
The Lagoon will eventually house 65,000 fish and holds 11 million litres of water.
Kerzner said Atlantis is "all about the ocean", so the Aquaventure waterpark will be 17 hectares and will feature the tallest freefall slide in the Middle East, which falls nine storeys.
Aquaventure will also have a 2.7-kilometre tube river. Within the development is Dolphin Bay, which houses 28 dolphins brought to Dubai from the Solomon Islands.
This is Kerzner's second Atlantis project, the first being Atlantis, Paradise Island in the Bahamas, which includes a mini resort called Cove Atlantis.
"There won't to be 50 Atlantis projects. They are too big to do that. I like them to be seen as more unique. But Atlantis here in Dubai has a feel and a sense of place," Kerzner told Gulf News.
However, development will not stop once Atlantis opens in September, as Kerzner International still has land left to fill on the Palm.
"We have land that still has not been developed, beyond the waterpark and I'm hopeful that we will develop a Cove Atlantis there," said Kerzner.
Kerzner has overseen both Atlantis projects and the launch of the One & Only brand in Europe. He said Dubai has continued the growth pattern since he developed the Royal Mirage back in 1998.
"I've seen it all, since the Royal Mirage was in the desert. It's phenomenal how this place has grown. I thought when we got to early 2000, it couldn't continue and it just continues and everyone is doing pretty well in the industry," Kerzner said.
Perhaps a first in Dubai, Atlantis is due to open on schedule on September 24 and the official opening ceremony is on November 20.
"There's a lot of building [in Dubai] and it's very tough to keep schedules and even tougher to keep budgets, but this will open on schedule," Sol Kerzner told the media.
Labels: Construction, Dubai, Events, Holiday, Hotel, Palm Dubai, Properties
Sunday, June 29, 2008
A new and bizarre building is coming to the skyscraper bejeweled landscape of Dubai. In Dubai, home to one of the world's most impressive skylines and many of the world's tallest skyscrapers (Emirates Towers, the Burj Dubai, the Palm Islands and the world's tallest, and most expensive hotel, the Burj Al Arab), big buildings are not unusual. However, the dynamic tower is anything but your average big building.
Architects from the New York-based architect David Fisher's Dynamic Group have announced plans for the new tower in Dubai. The tower will be 420 m tall at its time of completion making it among the tallest projects in the world it will also be 80 stories tall.
Architects from the New York-based architect David Fisher's Dynamic Group have announced plans for the new tower in Dubai. The tower will be 420 m tall at its time of completion making it among the tallest projects in the world it will also be 80 stories tall.
While those stats are impressive but not unusual, the construction approach is where things start to get weird. First the building is composed of a series of prefabricated units. Between each floor are arrays of wind turbines. The energy from these turbines is used to allow each unit to rotate on whim, creating an organic design in motion.
Explains Fischer, "You can adjust the shape the way you like every given moment. It's not a piece of architecture somebody designed today and that's it. It remains forever. It's designed by life, shaped by time."
If the tower's unique design attracts you, perhaps the sky-high price tag may turn you off. If you want to buy an apartment in the tower, you will pay $3,000 per square foot, making the apartments range from $4M USD to $40M USD.
The tower will be completed in 2010 according to plans. Those looking to experience the rotating design may soon find it coming to their own content. Fischer claims to be in advanced talks to place a second similar tower in Moscow, Russia, and says he plans to put one in New York. He also claims Canada, Europe and South Korea have all expressed interest in the design.
Some are critical of Fischer's plans. While he is a well-respected architect, he has never built a skyscraper before. They wonder if his Roarkian quest can really succeed, despite his experienced staff of engineers and architects from the United Kingdom and India.
Fischer has received a development license from Dubai, but is being secretive about the construction site. The Moscow mayor's office says it is considering the project and that no official decision has been made.
The architecture style of Fischer is truly radical -- he advertises prefabricated architecture as the "future of architecture". Prefab architecture allows for faster, more environmentally friendly construction, allowing a floor to be put up in only 7 days, much faster than normal.
He said that the method will allow him to cut the construction crew from the typical 2,000 or more members to a modest 600 workers and 80 technicians. Fischer states on the Dynamic website, "It is unbelievable that real estate and construction, which is the leading sector of the world economy, is also the most primitive."
"Most workers throughout the world still regularly use trowels that was first used by the Egyptians and then by the Romans. Buildings should not be different than any other product, and from now on they will be manufactured in a production facility."
The new project should provide an intriguing look at one vision of the future of architecture. If it succeeds, it will be one more crown jewel for Dubai, which has the world's largest mall, the world's largest snow park, and soon to the be the world's largest hotel (and temporarily the world's largest building) when the Burj is complete in 2009. Dubai has strong oil profits, large international investment, and strong immigration to thank for this good fortune.
Labels: Construction, Dubai, Properties
Monday, June 23, 2008
A New York City artist has built a replica of the soon-to-open Trump Dubai hotel tower out of thousands of Lego pieces.
Nathan Sawaya's 10-foot version of the distinctive five-star hotel is expected to be unveiled Monday in Columbus Circle. The actual hotel on the island of Palm Jumeirah won't open until next year.
Sawaya is known for his life-size Lego sculptures, such as an 18,000-piece bumblebee that Ashlee Simpson's husband gave her as a wedding gift and a model of a rebuilt New Orleans made of 120,000 of the toy bricks.
The replica Trump Dubai tower was based on architectural drawings of the building. Sawaya's tower will be on view through Tuesday.
Nathan Sawaya's 10-foot version of the distinctive five-star hotel is expected to be unveiled Monday in Columbus Circle. The actual hotel on the island of Palm Jumeirah won't open until next year.
Sawaya is known for his life-size Lego sculptures, such as an 18,000-piece bumblebee that Ashlee Simpson's husband gave her as a wedding gift and a model of a rebuilt New Orleans made of 120,000 of the toy bricks.
The replica Trump Dubai tower was based on architectural drawings of the building. Sawaya's tower will be on view through Tuesday.
Labels: Construction, Dubai, Events, Holiday, Hotel, Properties
Monday, May 26, 2008
A new house rent index that will suggest benchmark rents for all the communities in Dubai, to be published soon by Dubai's Real Estate Regulatory Authority (Rera), is expected to reverse the gains of a seven per cent rent cap and turn the tables against the tenants in favour of the landlords.
The index will have separate prices for studio, one-, two- and three-bedroom apartments and villas in each community that will help landlords and tenants to benchmark their rents against the published rents in case of a dispute. It will also help the Rent Committee to settle the disputes.
"We are looking at a lot of factors. The index is a guideline for new people who are coming to Dubai," Rera chief executive Marwan Bin Galita told the media on Sunday.
It is hoped the pricing index will act as a comprehensive guideline to all tenants and landlords in Dubai. "The index will be introduced when we're confident that it's going to help the market," Bin Galita said.
By 2009, all new properties and rental contracts for commercial and residential units will be incorporated into a full database of rental agreements in Dubai, he said.
The new rent pricing index, designed to ensure that new people moving to Dubai have a clear picture of how much property is in specific areas, will help the market, he said.
Rising rents, jumping between 50 to 100 per cent over the last few years, have prompted Dubai Government to introduce a 15 per cent rent cap in 2005 - which was lowered to seven per cent - to help the emirate's marginalised middle income group.
The rent cap, which managed to stabilise the market to a certain degree, has come under fresh attack with landlords, who were trying innovative ways to bypass it, complaining that they are forced to rent out premises below the market price.
Elaine Jones, chief executive officer of Dubai-based property consultancy group Asteco, said, "It's a huge subject. There is so much disparity in the market now. Some tenants are paying more than double what other tenants are paying within the same building."
Growing fears
Analysts fear the new rent index will be used by the landlords as an excuse to bypass the rent cap. "This will provide another excuse to the landlords to bypass the rent cap," said a property analyst, requesting anonymity. "They have tried all tricks in the past. The rent index will provide the necessary tool for them to try and violate it."
Meanwhile, Bin Galita said there is enough housing supply in the Dubai market but the land is being held by greedy investors and real estate agents.
"There is enough supply in the Dubai market but because of greedy real estate agents or greedy investors, they are keeping the ground," he said.
"New projects are coming so people won't be able to leave their houses empty for a long time once the index is in place," he added.
The index will have separate prices for studio, one-, two- and three-bedroom apartments and villas in each community that will help landlords and tenants to benchmark their rents against the published rents in case of a dispute. It will also help the Rent Committee to settle the disputes.
"We are looking at a lot of factors. The index is a guideline for new people who are coming to Dubai," Rera chief executive Marwan Bin Galita told the media on Sunday.
It is hoped the pricing index will act as a comprehensive guideline to all tenants and landlords in Dubai. "The index will be introduced when we're confident that it's going to help the market," Bin Galita said.
By 2009, all new properties and rental contracts for commercial and residential units will be incorporated into a full database of rental agreements in Dubai, he said.
The new rent pricing index, designed to ensure that new people moving to Dubai have a clear picture of how much property is in specific areas, will help the market, he said.
Rising rents, jumping between 50 to 100 per cent over the last few years, have prompted Dubai Government to introduce a 15 per cent rent cap in 2005 - which was lowered to seven per cent - to help the emirate's marginalised middle income group.
The rent cap, which managed to stabilise the market to a certain degree, has come under fresh attack with landlords, who were trying innovative ways to bypass it, complaining that they are forced to rent out premises below the market price.
Elaine Jones, chief executive officer of Dubai-based property consultancy group Asteco, said, "It's a huge subject. There is so much disparity in the market now. Some tenants are paying more than double what other tenants are paying within the same building."
Growing fears
Analysts fear the new rent index will be used by the landlords as an excuse to bypass the rent cap. "This will provide another excuse to the landlords to bypass the rent cap," said a property analyst, requesting anonymity. "They have tried all tricks in the past. The rent index will provide the necessary tool for them to try and violate it."
Meanwhile, Bin Galita said there is enough housing supply in the Dubai market but the land is being held by greedy investors and real estate agents.
"There is enough supply in the Dubai market but because of greedy real estate agents or greedy investors, they are keeping the ground," he said.
"New projects are coming so people won't be able to leave their houses empty for a long time once the index is in place," he added.
Labels: Construction, Dubai, Properties, Society
Thursday, May 15, 2008
Dubai achieved another milestone as the first Metro train was successfully tested on Monday on part of the Red Line on Shaikh Zayed Road.
Motorists on the busy highway were amazed to see the train running on the track between Jebel Ali Industrial Area Station and the Jebel Ali Free Zone Station at the end of the Red Line.
Video: Click here to watch one of the first tests of the Dubai Metro train
Many stopped to watch what they have been dreaming of riding in the future.
"This is great. It's like a dream coming true," said Abdullah Abdul Rehman, a UAE national. He added that he would definitely park his car to ride the train.
Businesswoman Kiran Khan said she could not believe her eyes when she saw the train running on the track on her way to office. "It was awesome and I did not hesitate to pull over to watch this wonderful sight," she said.
The driverless train went back and forth several times yesterday during the test run. An official at the Dubai Roads and Transport Authority (RTA) said the train has been undergoing several tests for the last two weeks and its running on the track was part of the testing procedure.
He said this would continue for the next two to three months.
The test run yesterday was conducted on a right of way of less than a kilometre but it will eventually be extended to a 4-km stretch between Dubal Station (near the sixth interchange) and Jebel Ali Free Zone Station on Shaikh Zayed Road, Gulf News has learnt.
Coaches for the first train were put on the track on April 25. They were assembled and have been undergoing various technical tests.
Mattar Al Tayer, Chairman of the Board and Executive Director of the RTA, which is carrying out the Dh15.5 billion Dubai Metro project, had earlier said that the train would undergo full tests to monitor noise, wobbling and electromechanical compatibility for early detection of any trouble to address problems before passenger service starts on September 9, 2009.
The first stage, called the 'Static Test' phase, involved placing a stationary train on a track and performing tests involving communication systems, signaling systems, power supplies, air-conditioning, on-board electronics and lighting.
"The first tests have been conducted successfully and we are now testing it on the track," said an official.
The second phase is known as the "dynamic test" to run the train on the track without passengers on board.
It involves tests of various systems while the train is in motion, including propulsion and brake tests, load tests, traction power tests, electromagnetic compatibility (EMC) tests, automatic train operation (ATO) tests, communication tests and speed tests.
The train is operated with electricity using 'third power track' technology' - meaning the power will be supplied through the track. It operates on 750 volt DC power.
The Rail Agency has already installed the first Main Power Station (MPS-1) to provide electricity to the Red Line. A total of three MPS will be installed for back-up power.
Motorists on the busy highway were amazed to see the train running on the track between Jebel Ali Industrial Area Station and the Jebel Ali Free Zone Station at the end of the Red Line.
Video: Click here to watch one of the first tests of the Dubai Metro train
Many stopped to watch what they have been dreaming of riding in the future.
"This is great. It's like a dream coming true," said Abdullah Abdul Rehman, a UAE national. He added that he would definitely park his car to ride the train.
Businesswoman Kiran Khan said she could not believe her eyes when she saw the train running on the track on her way to office. "It was awesome and I did not hesitate to pull over to watch this wonderful sight," she said.
The driverless train went back and forth several times yesterday during the test run. An official at the Dubai Roads and Transport Authority (RTA) said the train has been undergoing several tests for the last two weeks and its running on the track was part of the testing procedure.
He said this would continue for the next two to three months.
The test run yesterday was conducted on a right of way of less than a kilometre but it will eventually be extended to a 4-km stretch between Dubal Station (near the sixth interchange) and Jebel Ali Free Zone Station on Shaikh Zayed Road, Gulf News has learnt.
Coaches for the first train were put on the track on April 25. They were assembled and have been undergoing various technical tests.
Mattar Al Tayer, Chairman of the Board and Executive Director of the RTA, which is carrying out the Dh15.5 billion Dubai Metro project, had earlier said that the train would undergo full tests to monitor noise, wobbling and electromechanical compatibility for early detection of any trouble to address problems before passenger service starts on September 9, 2009.
The first stage, called the 'Static Test' phase, involved placing a stationary train on a track and performing tests involving communication systems, signaling systems, power supplies, air-conditioning, on-board electronics and lighting.
"The first tests have been conducted successfully and we are now testing it on the track," said an official.
The second phase is known as the "dynamic test" to run the train on the track without passengers on board.
It involves tests of various systems while the train is in motion, including propulsion and brake tests, load tests, traction power tests, electromagnetic compatibility (EMC) tests, automatic train operation (ATO) tests, communication tests and speed tests.
The train is operated with electricity using 'third power track' technology' - meaning the power will be supplied through the track. It operates on 750 volt DC power.
The Rail Agency has already installed the first Main Power Station (MPS-1) to provide electricity to the Red Line. A total of three MPS will be installed for back-up power.
Labels: Dubai, Dubai Metro, Events
Thursday, May 08, 2008
Tatweer, a member of Dubai Holding, today formed a strategic alliance with Merlin Entertainments Group, the world's second largest visitor attraction group, to build LEGOLAND(R) Parks across the Arab world.
Tatweer and Merlin Entertainment Group announced the launch of LEGOLAND(R) DUBAILAND(R) - the first LEGOLAND(R) Park ever built outside of North America and Europe. The AED 912 million project, occupying a total of 3 million sq ft inside DUBAILAND(R), the world's largest leisure and entertainment destination, LEGOLAND(R) DUBAILAND(R) will feature more than 40 interactive rides, shows and attractions geared towards families with children ages 2 to 12 and will boost unique attractions geared towards families and children.
Saeed Al Muntafiq, Executive Chairman, Tatweer said: "We are extremely proud of our alliance with LEGOLAND(R) and Merlin Entertainments Group. The partnership once again demonstrates our dedication to deliver on the tourism objectives of Dubai Strategic Plan 2015 as we multiply our portfolio of entertainment offerings, contributing to transforming Dubai into a pioneering world class tourism destination."
"This alliance further consolidates Tatweer's status as the leader in developing the world's most enchanting entertainment concepts and bringing the best leisure and entertainment brands, such as Universal Studios, DreamWorks Animation, Six Flags, Marvel and HIT Entertainment to Dubai. LEGOLAND Park's global reputation in family friendly rides, shows, attractions and its strong appeal for family and kids will add a new dimension to our offering, providing an enhanced experience to visitors and tourists."
Nick Varney, Chief Executive of Merlin Entertainments Group said: "Merlin Entertainments Group branded visitor attractions, including LEGOLAND(R) Parks are well-known throughout the world as the ultimate destinations for families with young children. Choosing Dubai for the newest LEGOLAND(R) Park reflects the fact that Dubai is becoming a major holiday destination, not only for the region, but also for visitors worldwide. Teaming with Tatweer is the perfect way to offer families the LEGOLAND(R) experience and potentially other attractions within Merlin Entertainments."
Broadening the experience for families and visitors, Tatweer and Merlin Entertainments Group will additionally Advertisementwork together to develop new concepts, including LEGOLAND(R) themed hotels and possibly other attractions from Merlin Entertainments' extensive portfolio.
Currently, there are four LEGOLAND Parks: LEGOLAND(R) Billund, LEGOLAND(R) Windsor, LEGOLAND(R) Deutschland and LEGOLAND(R) California which was recently named Best Children's Park for the fourth year in a row by Amusement Today.
LEGOLAND(R) Parks offer families the opportunity to let their imaginations run free, and be immersed in LEGO(R) experiences with a unique mix of kid-powered rides, building challenges, spectacular LEGO(R) models, interactive attractions, family-friendly coasters and shows that pull the audience into the action.
Other projects owned by Tatweer at the Dubailand destination include, The Tiger Woods Dubai, Universal Studios DUBAILAND(R), Global Village DUBAILAND(R), DreamWorks DUBAILAND(R) Animation Park, Hit Entertainment "Little Big Club DUBAILAND(R)", Six Flags DUBAILAND(R), Marvel DUBAILAND(R) and FREEJ DUBAILAND(R).
Exciting attractions such as Dubai Sports City, MotorCity, Falcon City of Wonders, Al Sahra Desert Resort, the Polo and Equestrian Club, Al Barari and City of Arabia are also part of DUBAILAND(R)'s overall offering.
Tatweer and Merlin Entertainment Group announced the launch of LEGOLAND(R) DUBAILAND(R) - the first LEGOLAND(R) Park ever built outside of North America and Europe. The AED 912 million project, occupying a total of 3 million sq ft inside DUBAILAND(R), the world's largest leisure and entertainment destination, LEGOLAND(R) DUBAILAND(R) will feature more than 40 interactive rides, shows and attractions geared towards families with children ages 2 to 12 and will boost unique attractions geared towards families and children.
Saeed Al Muntafiq, Executive Chairman, Tatweer said: "We are extremely proud of our alliance with LEGOLAND(R) and Merlin Entertainments Group. The partnership once again demonstrates our dedication to deliver on the tourism objectives of Dubai Strategic Plan 2015 as we multiply our portfolio of entertainment offerings, contributing to transforming Dubai into a pioneering world class tourism destination."
"This alliance further consolidates Tatweer's status as the leader in developing the world's most enchanting entertainment concepts and bringing the best leisure and entertainment brands, such as Universal Studios, DreamWorks Animation, Six Flags, Marvel and HIT Entertainment to Dubai. LEGOLAND Park's global reputation in family friendly rides, shows, attractions and its strong appeal for family and kids will add a new dimension to our offering, providing an enhanced experience to visitors and tourists."
Nick Varney, Chief Executive of Merlin Entertainments Group said: "Merlin Entertainments Group branded visitor attractions, including LEGOLAND(R) Parks are well-known throughout the world as the ultimate destinations for families with young children. Choosing Dubai for the newest LEGOLAND(R) Park reflects the fact that Dubai is becoming a major holiday destination, not only for the region, but also for visitors worldwide. Teaming with Tatweer is the perfect way to offer families the LEGOLAND(R) experience and potentially other attractions within Merlin Entertainments."
Broadening the experience for families and visitors, Tatweer and Merlin Entertainments Group will additionally Advertisementwork together to develop new concepts, including LEGOLAND(R) themed hotels and possibly other attractions from Merlin Entertainments' extensive portfolio.
Currently, there are four LEGOLAND Parks: LEGOLAND(R) Billund, LEGOLAND(R) Windsor, LEGOLAND(R) Deutschland and LEGOLAND(R) California which was recently named Best Children's Park for the fourth year in a row by Amusement Today.
LEGOLAND(R) Parks offer families the opportunity to let their imaginations run free, and be immersed in LEGO(R) experiences with a unique mix of kid-powered rides, building challenges, spectacular LEGO(R) models, interactive attractions, family-friendly coasters and shows that pull the audience into the action.
Other projects owned by Tatweer at the Dubailand destination include, The Tiger Woods Dubai, Universal Studios DUBAILAND(R), Global Village DUBAILAND(R), DreamWorks DUBAILAND(R) Animation Park, Hit Entertainment "Little Big Club DUBAILAND(R)", Six Flags DUBAILAND(R), Marvel DUBAILAND(R) and FREEJ DUBAILAND(R).
Exciting attractions such as Dubai Sports City, MotorCity, Falcon City of Wonders, Al Sahra Desert Resort, the Polo and Equestrian Club, Al Barari and City of Arabia are also part of DUBAILAND(R)'s overall offering.
Labels: Construction, Dubai, Events, Holiday, Hotel, Properties, Society
Friday, May 02, 2008
When speaking about Dubai and the so-called "real estate bubble", conversations tend to focus on the short term. "What will happen in 2009-10 when projects are completed and handed over - will prices level off or even worse, fall?"
I can remember back in 2004 when people were asking those very same questions. The truth is at that point, nobody could have imagined what was to come and how far away from reality those concerns would prove to be! Since those early days of unpredictability, Dubai has gone from strength to strength.
That's why when it comes to Dubai; I prefer to look at the bigger picture. Rather than focus on the next two years, I think more in terms of decades and although it's a great place to be right now, I believe that Dubai really is a city for the future.
As a work in progress, I feel confident the finished product will be something very special, not only in terms of the great projects and developments, but in terms of its level of appeal from all angles; an international business centre, a leading tourism destination, a lifestyle city of choice, all helping to secure its long-term sustainability.
In the past, people have compared the Dubai market to markets like Spain, which also experienced a dramatic growth period, particularly with the sale of holiday homes. However, the reality is that Dubai has a completely different offering from those markets because its evolution is part of a greater dynamic; the entire region is developing.
One of the incredible things about Dubai is that the growth to date has been based on promises alone. It's only now that we are starting to actually see delivery.
The Dubai Government has committed to building the infrastructure of a modern city and we can already see improvements in terms of better road networks, the Dubai Metro and Dubai World Central. All such measures will ensure Dubai becomes a major transport centre for the region and a hub for businesses entering the growing consumer markets of the Gulf Cooperation Council (GCC), India and the greater region.
Global destination
The population is also set for rapid growth over the next few years and as a part of that, we may see an increase in migration from the US and Western Europe in response to the current financial climate in those countries.
Additionally, as projects such as Dubailand, Dubai Sports City and The Palm trilogy move forward, Dubai's reputation as a global tourism destination will be further enhanced.
The point is that you need to consider Dubai's global position in 15-20 years. At that point, it will be a city with a very large population and one of the most sophisticated infrastructures in the world, and by far the best in the region. It will be inter-connected to the rest of the world through trade, finance, logistics and tourism in a way that no other city is.
Through its infrastructure, services, lifestyle and global connectivity offering, it will become pivotal to the business success of regional and global markets.
For example, a major company in the US using Dubai to distribute tyres to the Middle Eastern and Asia sub-continent region, accounting for 40-40 per cent of its overall revenue, would base all its support services here and Dubai would play an essential role in its success. When you replicate this scenario over thousands of companies, Dubai becomes a very durable and robust marketplace.
So, even with a slow down in the property market, there wouldn't be any burst bubbles because real estate is simply facilitating the logistics, distribution and transport industries that are the true long-term engine behind Dubai's economy.
I can remember back in 2004 when people were asking those very same questions. The truth is at that point, nobody could have imagined what was to come and how far away from reality those concerns would prove to be! Since those early days of unpredictability, Dubai has gone from strength to strength.
That's why when it comes to Dubai; I prefer to look at the bigger picture. Rather than focus on the next two years, I think more in terms of decades and although it's a great place to be right now, I believe that Dubai really is a city for the future.
As a work in progress, I feel confident the finished product will be something very special, not only in terms of the great projects and developments, but in terms of its level of appeal from all angles; an international business centre, a leading tourism destination, a lifestyle city of choice, all helping to secure its long-term sustainability.
In the past, people have compared the Dubai market to markets like Spain, which also experienced a dramatic growth period, particularly with the sale of holiday homes. However, the reality is that Dubai has a completely different offering from those markets because its evolution is part of a greater dynamic; the entire region is developing.
One of the incredible things about Dubai is that the growth to date has been based on promises alone. It's only now that we are starting to actually see delivery.
The Dubai Government has committed to building the infrastructure of a modern city and we can already see improvements in terms of better road networks, the Dubai Metro and Dubai World Central. All such measures will ensure Dubai becomes a major transport centre for the region and a hub for businesses entering the growing consumer markets of the Gulf Cooperation Council (GCC), India and the greater region.
Global destination
The population is also set for rapid growth over the next few years and as a part of that, we may see an increase in migration from the US and Western Europe in response to the current financial climate in those countries.
Additionally, as projects such as Dubailand, Dubai Sports City and The Palm trilogy move forward, Dubai's reputation as a global tourism destination will be further enhanced.
The point is that you need to consider Dubai's global position in 15-20 years. At that point, it will be a city with a very large population and one of the most sophisticated infrastructures in the world, and by far the best in the region. It will be inter-connected to the rest of the world through trade, finance, logistics and tourism in a way that no other city is.
Through its infrastructure, services, lifestyle and global connectivity offering, it will become pivotal to the business success of regional and global markets.
For example, a major company in the US using Dubai to distribute tyres to the Middle Eastern and Asia sub-continent region, accounting for 40-40 per cent of its overall revenue, would base all its support services here and Dubai would play an essential role in its success. When you replicate this scenario over thousands of companies, Dubai becomes a very durable and robust marketplace.
So, even with a slow down in the property market, there wouldn't be any burst bubbles because real estate is simply facilitating the logistics, distribution and transport industries that are the true long-term engine behind Dubai's economy.
Labels: Construction, Dubai, Properties, Society
Saturday, April 26, 2008
This Gulf desert nation, one of the world's most environmentally unfriendly with its ubiquitous air conditioning, swimming pools and SUVs, may be looking to redeem itself. It has begun building what it calls the world's first zero-carbon city.
Environmentalists say Masdar City - powered mainly by solar energy and recycling waste and water - is a nice idea, but the Emirates shouldn't stop there.
"Every little bit helps," said Jonathan Loh, a British biologist and co-author of a 2006 World Wildlife Fund report that measured consumption by nations around the world. "It would be best if the UAE reduced energy consumption throughout the country, not just in one location."
The WWF runs several programs based on its 10 principles of sustainability in Europe, North America, China, Africa and in the Middle East.
A $1.6 billion project in development in Portugal would build 5,000 zero-carbon, zero-waste homes, hotels and shops. The project includes Europe's largest-ever nature restoration plan in order to return more than 12,000 acres of surrounding land currently occupied by degraded logging plantations and quarries to native Mediterranean woodland.
The United Arab Emirates has the world's largest ecological footprint per capita, according to the WWF report. That means each of its residents uses up more of the world's resources than any other person in the world.
A glance at Dubai makes it clear why.
Nearly every indoor space - including sprawling malls and giant villas - is air conditioned, seen as a necessity in a country where the winters are hot and the summers blazing. Extravagances like swimming pools with chilled water, an indoor ski slope that produces snow when it's 120 degrees (Fahrenheit) outside and an all-ice restaurant push up the electricity bill. And the unusual mode of transport is SUV or Hummer - there is no public transportation, or even sidewalks in most parts of the city.
According to the WWF, the Emirates' ecological footprint measured 11.9 global hectares per person. A global hectare is a unit of the amount of productive land and water a person requires to produce all the resources he consumes and absorb all the waste he generates in a year.
In contrast, the U.S.'s per capita footprint is 9.6 hectares per person, and the global average is 2.2 hectares a person.
The Emirates - which has a population of 5 million, the large majority of them foreign expatriates - has a heavy per capita carbon footprint as well - it takes 9.06 global hectares of land to absorb each person's carbon dioxide emissions in a year. The United States' carbon footprint is 5.66, and the world average is 1.7.
But the plan is for Masdar City, where the groundbreaking on construction took place earlier this month, to be completely carbon-zero.
Cars will be banned, with a light rail serving residents inside the 1,482-acre city as well as taking them to the nearby city of Abu Dhabi. Organic food will be grown in the area and encouraged, garbage will be recycled and waste water will be reused in Masdar, Arabic for "Source."
Most of the city's energy is to be generated by solar power - though developers have not given an exact percentage - and water will be provided through a solar-powered desalination plant.
Masdar City, which is being developed by an Abu Dhabi state-owned company, is expected to be completed by 2015 at an estimated cost of $22 billion. It is intended to become home to about 50,000 people and host 1,500 companies, developers said.
Khaled Awad, development director for Masdar, insisted the city is an honest attempt "to curb the trend of being environmentally irresponsible." He said the companies in it will make it a "Silicon Valley for renewable energy sector," researching clean energy technology.
Under a deal with the Emirates government, the WWF is monitoring the city closely to ensure that it reconciles its promises.
"It's a rigorous process ... that at the end will prove if Masdar is sustainable or just claims to be such," said Eduardo Goncalves, a London-based spokesman of WWF International's One Planet Living program.
Habib al-Shuwaikhat, a professor of urban planning and sustained development at Saudi Arabia's King Fahd University of Petroleum and Minerals, said Abu Dhabi's eco city "looks like a good initiative," but one that cannot remain "isolated" from the rest of the country.
"You hear a lot about sustainable development, but to be honest, I don't see it on the ground," Shuwaikhat said.
Serious efforts to safeguarding the environment in the time of an unprecedented construction boom in the Gulf have yet to "get into the minds of decision-makers" in the Gulf, he said.
Last year the Emirates became the first government to sign an agreement with WWF to study the country's ecological footprint and reduce it to a sustainable level through expert assessment of economy over the next three years, Goncalves said.
"Masdar is critical to our strategy," Goncalves said.
People in the Emirates are leading lives that are "absolutely unsustainable," he said. "There is no better place to set an example and show that an ecologically friendly lifestyle is not only better, but also commercially successful."
Environmentalists say Masdar City - powered mainly by solar energy and recycling waste and water - is a nice idea, but the Emirates shouldn't stop there.
"Every little bit helps," said Jonathan Loh, a British biologist and co-author of a 2006 World Wildlife Fund report that measured consumption by nations around the world. "It would be best if the UAE reduced energy consumption throughout the country, not just in one location."
The WWF runs several programs based on its 10 principles of sustainability in Europe, North America, China, Africa and in the Middle East.
A $1.6 billion project in development in Portugal would build 5,000 zero-carbon, zero-waste homes, hotels and shops. The project includes Europe's largest-ever nature restoration plan in order to return more than 12,000 acres of surrounding land currently occupied by degraded logging plantations and quarries to native Mediterranean woodland.
The United Arab Emirates has the world's largest ecological footprint per capita, according to the WWF report. That means each of its residents uses up more of the world's resources than any other person in the world.
A glance at Dubai makes it clear why.
Nearly every indoor space - including sprawling malls and giant villas - is air conditioned, seen as a necessity in a country where the winters are hot and the summers blazing. Extravagances like swimming pools with chilled water, an indoor ski slope that produces snow when it's 120 degrees (Fahrenheit) outside and an all-ice restaurant push up the electricity bill. And the unusual mode of transport is SUV or Hummer - there is no public transportation, or even sidewalks in most parts of the city.
According to the WWF, the Emirates' ecological footprint measured 11.9 global hectares per person. A global hectare is a unit of the amount of productive land and water a person requires to produce all the resources he consumes and absorb all the waste he generates in a year.
In contrast, the U.S.'s per capita footprint is 9.6 hectares per person, and the global average is 2.2 hectares a person.
The Emirates - which has a population of 5 million, the large majority of them foreign expatriates - has a heavy per capita carbon footprint as well - it takes 9.06 global hectares of land to absorb each person's carbon dioxide emissions in a year. The United States' carbon footprint is 5.66, and the world average is 1.7.
But the plan is for Masdar City, where the groundbreaking on construction took place earlier this month, to be completely carbon-zero.
Cars will be banned, with a light rail serving residents inside the 1,482-acre city as well as taking them to the nearby city of Abu Dhabi. Organic food will be grown in the area and encouraged, garbage will be recycled and waste water will be reused in Masdar, Arabic for "Source."
Most of the city's energy is to be generated by solar power - though developers have not given an exact percentage - and water will be provided through a solar-powered desalination plant.
Masdar City, which is being developed by an Abu Dhabi state-owned company, is expected to be completed by 2015 at an estimated cost of $22 billion. It is intended to become home to about 50,000 people and host 1,500 companies, developers said.
Khaled Awad, development director for Masdar, insisted the city is an honest attempt "to curb the trend of being environmentally irresponsible." He said the companies in it will make it a "Silicon Valley for renewable energy sector," researching clean energy technology.
Under a deal with the Emirates government, the WWF is monitoring the city closely to ensure that it reconciles its promises.
"It's a rigorous process ... that at the end will prove if Masdar is sustainable or just claims to be such," said Eduardo Goncalves, a London-based spokesman of WWF International's One Planet Living program.
Habib al-Shuwaikhat, a professor of urban planning and sustained development at Saudi Arabia's King Fahd University of Petroleum and Minerals, said Abu Dhabi's eco city "looks like a good initiative," but one that cannot remain "isolated" from the rest of the country.
"You hear a lot about sustainable development, but to be honest, I don't see it on the ground," Shuwaikhat said.
Serious efforts to safeguarding the environment in the time of an unprecedented construction boom in the Gulf have yet to "get into the minds of decision-makers" in the Gulf, he said.
Last year the Emirates became the first government to sign an agreement with WWF to study the country's ecological footprint and reduce it to a sustainable level through expert assessment of economy over the next three years, Goncalves said.
"Masdar is critical to our strategy," Goncalves said.
People in the Emirates are leading lives that are "absolutely unsustainable," he said. "There is no better place to set an example and show that an ecologically friendly lifestyle is not only better, but also commercially successful."
Labels: Construction, Dubai
Friday, April 18, 2008
If you thought Dubai rents were expensive, think again. Renting a three-bedroom place in Hong Kong will cost you around $9,700 on average per month, the highest in the world. A new survey of global rents by human resources firm ECA International puts Dubai in a lowly 13th place. The survey covered 2007 and is based on lease prices for a three-bed apartment in each city's most popular expat areas.
Hong Kong topped the list in 2006 as well, with an average rent of $8,592 per month. And that is just the average price.
A three-bed house in Repulse Bay, Hong Kong, spread over 4,000 sq feet, with stunning sea views will set you back $29, 500 per month.
Compare that with a 3-bed house on the Arabian Ranches in Dubai, which promises a fully landscaped garden with a sprinkler system, and a maid, and is available for around $6,580 per month. Though it doesn't have much of a sea view.
Moscow ranked second in the list, followed by New York City, where a three bedroom house in Tribeca, walking distance to plenty of upscale restaurants, art galleries and hot boutiques, with an area of 2500 sq ft, costs $12,000 per month.
While Tokyo (second on the list last year) and London take up the fourth and fifth place, six Asian cities fill then top 10. Mumbai is at six, Seoul at seven and Ho Chi Minh City tenth. Monthly rentals in Asia were on average were around $3,820, well above the global level of $2,950, ECA said.
Dubai remains the most expensive place to live in the Middle East (and has moved up one place on the global list) while Abu Dhabi, Sharjah and Doha rose by 19, 17 and 12 places respectively. The reason: high demand continues to outstrip supply. Although, with buildings sprouting up like mushrooms, surely this can't be far off?
According to the survey, Karachi is the cheapest city in the world to rent. A fully furnished flat (with LCD TV, washing machine) in Clifton, Karachi, complete with a "stunning décor" of paintings and antique carpets, costs around $ 40 per month.
Last year, Nairobi held that position with the average monthly rent nearly eight times cheaper than the equivalent in Hong Kong.
ECA, whose annual survey of rentals compares lease prices in 92 global cities, has been comparing rents worldwide for the past 10 years, and says that rental prices have increased by 22% on average.
According to the survey, some of the most significant increases in recent years have been in the Middle East, with rental prices in Doha and Dubai rising by approximately 130% and 100%, respectively, since 1996.
Hong Kong topped the list in 2006 as well, with an average rent of $8,592 per month. And that is just the average price.
A three-bed house in Repulse Bay, Hong Kong, spread over 4,000 sq feet, with stunning sea views will set you back $29, 500 per month.
Compare that with a 3-bed house on the Arabian Ranches in Dubai, which promises a fully landscaped garden with a sprinkler system, and a maid, and is available for around $6,580 per month. Though it doesn't have much of a sea view.
Moscow ranked second in the list, followed by New York City, where a three bedroom house in Tribeca, walking distance to plenty of upscale restaurants, art galleries and hot boutiques, with an area of 2500 sq ft, costs $12,000 per month.
While Tokyo (second on the list last year) and London take up the fourth and fifth place, six Asian cities fill then top 10. Mumbai is at six, Seoul at seven and Ho Chi Minh City tenth. Monthly rentals in Asia were on average were around $3,820, well above the global level of $2,950, ECA said.
Dubai remains the most expensive place to live in the Middle East (and has moved up one place on the global list) while Abu Dhabi, Sharjah and Doha rose by 19, 17 and 12 places respectively. The reason: high demand continues to outstrip supply. Although, with buildings sprouting up like mushrooms, surely this can't be far off?
According to the survey, Karachi is the cheapest city in the world to rent. A fully furnished flat (with LCD TV, washing machine) in Clifton, Karachi, complete with a "stunning décor" of paintings and antique carpets, costs around $ 40 per month.
Last year, Nairobi held that position with the average monthly rent nearly eight times cheaper than the equivalent in Hong Kong.
ECA, whose annual survey of rentals compares lease prices in 92 global cities, has been comparing rents worldwide for the past 10 years, and says that rental prices have increased by 22% on average.
According to the survey, some of the most significant increases in recent years have been in the Middle East, with rental prices in Doha and Dubai rising by approximately 130% and 100%, respectively, since 1996.
Labels: Dubai, Properties, Society
Tuesday, April 01, 2008
Emaar's The Dubai Mall showcases new trends in retail and entertainment
The Dubai Mall, one of the world's largest shopping and entertainment destinations, developed by Emaar Properties PJSC and located in the Dhs73bn mega-project Downtown Burj Dubai, is putting finishing touches to several retail and entertainment concepts that are a first for the region.
The Dubai Mall, with a total site area in excess of 12.1 million sq ft, is setting a new dimension in mall development with its various construction components truly epic in proportion and scale. The structural steel used in The Dubai Mall is double that deployed for the Eiffel Tower (7,300 tonnes), and the stone and tile works of 1.2 million sq ft already laid are approximately 18 times the size of a football field measuring 69,000 sq ft. The net leasable floor area will be equivalent to the size of 50 football fields put together.
The Dubai Mall is the flagship project of Emaar Malls Group, the shopping mall subsidiary of Emaar Properties. As part of Emaar's Vision 2010 to be one of the most valuable companies in the world, Emaar Malls has aggressive expansion plans to develop and operate shopping malls in key emerging markets across the Middle East and North Africa region, the Indian Subcontinent and South Asia.
Jim Badour, CEO of Emaar Malls Group said:
'The Dubai Mall is setting a new dimension in modern engineering as well as in the roll-out of innovative retail and leisure elements. The Dubai Mall reaffirms Downtown Burj Dubai's standing as the new centre of the city, offering an unprecedented 1,200-plus retail stores under one roof, and world-class leisure and entertainment options. It will be the region's premier shopping and entertainment destination for residents and a major attraction for Dubai's tourists.'
The Dubai Mall hosts a number of world-class attractions including one of the world's largest indoor Aquariums featuring over 33,000 living animals including 400 sharks and rays. A 180-degree tunnel runs through the tank, which can hold 10 million litres of water. The Discovery Centre above is an educational centre with interactive stations with marine life.
Other attractions include the region's first SEGA indoor theme park covering 76,000 sq ft; the world's largest indoor Gold Souk with 220 retailers; a 440,000 sq ft fashion precinct with 70 flagship stores dedicated to haute couture; the Middle East's first Galeries Lafayette department store; KidZania, a 80,000 sq ft children's 'edu-tainment' centre; a 22-screen cineplex; an Olympic-size ice rink; and The Grove, an indoor-outdoor streetscape with fully retractable roof.
The Dubai Mall will have over 14,000 undercover car park spaces and will be adjoined by a luxury 5-star hotel with 250 rooms and 450 serviced apartments.
The main contract for the construction of The Dubai Mall was awarded to Dutco Balfour Beatty and Al Ghandi CCC in October 2004. DP Architects Pte Ltd (Singapore) are the main architects and the Project Managers are Turner Construction International.
The Dubai Mall is located in the world's most prestigious square kilometre, Downtown Burj Dubai, which encompasses Burj Dubai, the world's tallest building. The mall complements the already thriving retail environment of the community, highlighted by Souk Al Bahar, an Arabesque themed shopping mall which opened its doors in December 2007. Downtown Burj Dubai has a vibrant community life as homes in The Residences and The Old Town have been handed over to customers.
Emaar Malls Group is also developing Dubai Marina Mall within Dubai Marina; Cairo Gate - Egypt's largest outdoor shopping and entertainment destination; and a number of shopping centres within Emaar's master-planned communities globally.
The Dubai Mall, one of the world's largest shopping and entertainment destinations, developed by Emaar Properties PJSC and located in the Dhs73bn mega-project Downtown Burj Dubai, is putting finishing touches to several retail and entertainment concepts that are a first for the region.
The Dubai Mall, with a total site area in excess of 12.1 million sq ft, is setting a new dimension in mall development with its various construction components truly epic in proportion and scale. The structural steel used in The Dubai Mall is double that deployed for the Eiffel Tower (7,300 tonnes), and the stone and tile works of 1.2 million sq ft already laid are approximately 18 times the size of a football field measuring 69,000 sq ft. The net leasable floor area will be equivalent to the size of 50 football fields put together.
The Dubai Mall is the flagship project of Emaar Malls Group, the shopping mall subsidiary of Emaar Properties. As part of Emaar's Vision 2010 to be one of the most valuable companies in the world, Emaar Malls has aggressive expansion plans to develop and operate shopping malls in key emerging markets across the Middle East and North Africa region, the Indian Subcontinent and South Asia.
Jim Badour, CEO of Emaar Malls Group said:
'The Dubai Mall is setting a new dimension in modern engineering as well as in the roll-out of innovative retail and leisure elements. The Dubai Mall reaffirms Downtown Burj Dubai's standing as the new centre of the city, offering an unprecedented 1,200-plus retail stores under one roof, and world-class leisure and entertainment options. It will be the region's premier shopping and entertainment destination for residents and a major attraction for Dubai's tourists.'
The Dubai Mall hosts a number of world-class attractions including one of the world's largest indoor Aquariums featuring over 33,000 living animals including 400 sharks and rays. A 180-degree tunnel runs through the tank, which can hold 10 million litres of water. The Discovery Centre above is an educational centre with interactive stations with marine life.
Other attractions include the region's first SEGA indoor theme park covering 76,000 sq ft; the world's largest indoor Gold Souk with 220 retailers; a 440,000 sq ft fashion precinct with 70 flagship stores dedicated to haute couture; the Middle East's first Galeries Lafayette department store; KidZania, a 80,000 sq ft children's 'edu-tainment' centre; a 22-screen cineplex; an Olympic-size ice rink; and The Grove, an indoor-outdoor streetscape with fully retractable roof.
The Dubai Mall will have over 14,000 undercover car park spaces and will be adjoined by a luxury 5-star hotel with 250 rooms and 450 serviced apartments.
The main contract for the construction of The Dubai Mall was awarded to Dutco Balfour Beatty and Al Ghandi CCC in October 2004. DP Architects Pte Ltd (Singapore) are the main architects and the Project Managers are Turner Construction International.
The Dubai Mall is located in the world's most prestigious square kilometre, Downtown Burj Dubai, which encompasses Burj Dubai, the world's tallest building. The mall complements the already thriving retail environment of the community, highlighted by Souk Al Bahar, an Arabesque themed shopping mall which opened its doors in December 2007. Downtown Burj Dubai has a vibrant community life as homes in The Residences and The Old Town have been handed over to customers.
Emaar Malls Group is also developing Dubai Marina Mall within Dubai Marina; Cairo Gate - Egypt's largest outdoor shopping and entertainment destination; and a number of shopping centres within Emaar's master-planned communities globally.
Labels: Burj Dubai, Construction, Dubai, Holiday, Hotel, Properties, Society
Wednesday, March 26, 2008
STRADDLING Europe and Asia lies the emirate of Dubai, arguably the place to be now if you're in the maritime industry.
The port has long been considered the best in the region, with last year's award for 'Best Seaport - Middle East' at the Asia Freight and Supply Chain Awards capping 13 consecutive wins.
Complementing Jebel Ali is Jadaf Dubai, a premier ship repair and industrial marine facility. Dubai shares an intimate relationship with the sea, relying on it almost exclusively for its major commercial activities.
Pearling, or the practice of diving for pearls, was once common along the shores of Dubai. It was also a major port of call for Indian merchants, owing to its geographic proximity.
But Dubai's fascination with the sea is not just limited to industrial ventures. Late 2006 saw the first residents move into the Palm Jumeirah, a palm-shaped artificial island which is the first of three similar projects.
Other residential waterfront projects include The World, an artificial archipelago of islands reconstructed to resemble a map of the world, and the Waterfront, a conglomeration of artificial islands and canals which will encompass 1.4 billion square feet of water and land when completed.
Ambitious project
Not content with having successful marine-related commercial and residential projects, the emirate has embarked on what is arguably its most ambitious accomplishment to date: the Dubai Maritime City.
Billed as the world's first purpose-built maritime center, the 2.27 million sq meter project is divided into six precincts which cater to the needs of both domestic and international companies, as well as their staff.
The city will offer many benefits, including an educated multicultural workforce and a pro-business environment. It offers free-zone benefits and is part of the Dubai World Group, which is the holding company for Dubai Drydocks, and a host of other companies.
What sets this project apart, other than its sheer size, is its ambitious attempt at integrating the maritime industry.
In a sense, the Dubai Maritime City is trying to become a maritime hub, placing warehouses next to academies dedicated to all things maritime; condominiums alongside offices filled with domestic and international maritime firms - and the fish are biting.
Already, all the plots of land in the city have been sold.
Fareed Mohamed Ahmed, Dubai World secretary general, said: 'We look forward to witnessing the vision and creativity of the developers and contractors who will consolidate the long-term success of this first-of-its-kind project through their iconic creations.'
With infrastructure on the island set to be completed by the end of the year, the team behind the project has begun to recoup their initial investment of AED3 billion (S$1.13 billion).
As the project enters its third and final leg of development, domestic and international companies have been quick to register. Current estimates place the total number of companies who have registered at approximately 1,000.
The mega project has also highlighted the need for its contractors to follow green building principles, or adopting environmentally-friendly architecture. These include measures to produce buildings that are designed, in general, to consume less energy and produce less waste.
CEO of Dubai Maritime City, Amer Ali, said: 'Environmentally sustainable construction, in terms of land and infrastructure development, is the key element of Dubai's long-term maritime success as it will distinguish the city as a sophisticated maritime location that addresses pertinent global issues.'
The city's six precincts create a self-sufficient space for maritime companies to operate.
The industrial precinct: This section of the city offers ship repair facilities, yacht repair and manufacturing, as well as workshop units. The precinct will be overseen by the management of Jadaf Dubai. A 1,270-meter stretch of wet berthing has been made available in this precinct, alongside 42 dry berths of various sizes.
The inclusion of yacht building and repair facilities taps on a growing leisure boating industry. The renowned Sydney International Boat Show, for instance, rakes in an estimated A$500 million (S$630.5 million) in sales every year.
The large number of berthing spaces available here also help to alleviate a space crunch for boats in Dubai.
The group says that 30,000 to 50,000 boats are predicted to be moored in Dubai within the next five years, and plans to build extensive berthing facilities in addition to those currently planned, to accommodate this surge.
Mr Ali said: 'With more berths, better marine facilities, and more suppliers, we expect boat ownership to really take off in the near future, especially in the leisure boats and yachts categories.'
More than 100 workshops and warehouses complete the industrial precinct, offering a comprehensive range of facilities to businesses.
Academic Quarter: In the middle of Dubai Maritime City sits the Maritime Academy, which will offer a syllabus that includes marine engineering, marine transportation and naval science, among others. The academy will provide the opportunity for companies to constantly renew the knowledge of their staff without the need to leave the city.
In addition, this area will also see the construction of a mosque, a world-class business hotel and a seafarers club.
The Maritime Center: While the academic quarter may be located in the center of the city, the true heart of the Dubai Maritime City pulses from the maritime center. The central business district of the city comprises eight waterfront and three interior parcels, which will serve as an international hub for maritime businesses, and is the first purpose-built maritime cluster in the world.
Harbor Offices: The gateway to Dubai Maritime City will see 19 development plots offered for office tower development. This zone overlooks the harbor and is the nearest precinct to the causeway linking the project to the rest of Dubai.
The Marina District and Harbor Residences: The district includes a group of mixed-use activity areas which cater to yacht owners and also houses restaurants, retail outlets and entertainment facilities.
Fourteen development plots have also been allocated to the construction of the harbor residences.
The Dubai Maritime City has a significant presence at the Asia Pacific Maritime 2008 exhibition, where it hopes to consolidate its position as one of the most exciting developments in the global maritime industry.
Mr Ali said: 'Dubai Maritime City is right on track to fulfilling its mission of becoming the central maritime hub in the region and a powerhouse in the global maritime industry.'
The port has long been considered the best in the region, with last year's award for 'Best Seaport - Middle East' at the Asia Freight and Supply Chain Awards capping 13 consecutive wins.
Complementing Jebel Ali is Jadaf Dubai, a premier ship repair and industrial marine facility. Dubai shares an intimate relationship with the sea, relying on it almost exclusively for its major commercial activities.
Pearling, or the practice of diving for pearls, was once common along the shores of Dubai. It was also a major port of call for Indian merchants, owing to its geographic proximity.
But Dubai's fascination with the sea is not just limited to industrial ventures. Late 2006 saw the first residents move into the Palm Jumeirah, a palm-shaped artificial island which is the first of three similar projects.
Other residential waterfront projects include The World, an artificial archipelago of islands reconstructed to resemble a map of the world, and the Waterfront, a conglomeration of artificial islands and canals which will encompass 1.4 billion square feet of water and land when completed.
Ambitious project
Not content with having successful marine-related commercial and residential projects, the emirate has embarked on what is arguably its most ambitious accomplishment to date: the Dubai Maritime City.
Billed as the world's first purpose-built maritime center, the 2.27 million sq meter project is divided into six precincts which cater to the needs of both domestic and international companies, as well as their staff.
The city will offer many benefits, including an educated multicultural workforce and a pro-business environment. It offers free-zone benefits and is part of the Dubai World Group, which is the holding company for Dubai Drydocks, and a host of other companies.
What sets this project apart, other than its sheer size, is its ambitious attempt at integrating the maritime industry.
In a sense, the Dubai Maritime City is trying to become a maritime hub, placing warehouses next to academies dedicated to all things maritime; condominiums alongside offices filled with domestic and international maritime firms - and the fish are biting.
Already, all the plots of land in the city have been sold.
Fareed Mohamed Ahmed, Dubai World secretary general, said: 'We look forward to witnessing the vision and creativity of the developers and contractors who will consolidate the long-term success of this first-of-its-kind project through their iconic creations.'
With infrastructure on the island set to be completed by the end of the year, the team behind the project has begun to recoup their initial investment of AED3 billion (S$1.13 billion).
As the project enters its third and final leg of development, domestic and international companies have been quick to register. Current estimates place the total number of companies who have registered at approximately 1,000.
The mega project has also highlighted the need for its contractors to follow green building principles, or adopting environmentally-friendly architecture. These include measures to produce buildings that are designed, in general, to consume less energy and produce less waste.
CEO of Dubai Maritime City, Amer Ali, said: 'Environmentally sustainable construction, in terms of land and infrastructure development, is the key element of Dubai's long-term maritime success as it will distinguish the city as a sophisticated maritime location that addresses pertinent global issues.'
The city's six precincts create a self-sufficient space for maritime companies to operate.
The industrial precinct: This section of the city offers ship repair facilities, yacht repair and manufacturing, as well as workshop units. The precinct will be overseen by the management of Jadaf Dubai. A 1,270-meter stretch of wet berthing has been made available in this precinct, alongside 42 dry berths of various sizes.
The inclusion of yacht building and repair facilities taps on a growing leisure boating industry. The renowned Sydney International Boat Show, for instance, rakes in an estimated A$500 million (S$630.5 million) in sales every year.
The large number of berthing spaces available here also help to alleviate a space crunch for boats in Dubai.
The group says that 30,000 to 50,000 boats are predicted to be moored in Dubai within the next five years, and plans to build extensive berthing facilities in addition to those currently planned, to accommodate this surge.
Mr Ali said: 'With more berths, better marine facilities, and more suppliers, we expect boat ownership to really take off in the near future, especially in the leisure boats and yachts categories.'
More than 100 workshops and warehouses complete the industrial precinct, offering a comprehensive range of facilities to businesses.
Academic Quarter: In the middle of Dubai Maritime City sits the Maritime Academy, which will offer a syllabus that includes marine engineering, marine transportation and naval science, among others. The academy will provide the opportunity for companies to constantly renew the knowledge of their staff without the need to leave the city.
In addition, this area will also see the construction of a mosque, a world-class business hotel and a seafarers club.
The Maritime Center: While the academic quarter may be located in the center of the city, the true heart of the Dubai Maritime City pulses from the maritime center. The central business district of the city comprises eight waterfront and three interior parcels, which will serve as an international hub for maritime businesses, and is the first purpose-built maritime cluster in the world.
Harbor Offices: The gateway to Dubai Maritime City will see 19 development plots offered for office tower development. This zone overlooks the harbor and is the nearest precinct to the causeway linking the project to the rest of Dubai.
The Marina District and Harbor Residences: The district includes a group of mixed-use activity areas which cater to yacht owners and also houses restaurants, retail outlets and entertainment facilities.
Fourteen development plots have also been allocated to the construction of the harbor residences.
The Dubai Maritime City has a significant presence at the Asia Pacific Maritime 2008 exhibition, where it hopes to consolidate its position as one of the most exciting developments in the global maritime industry.
Mr Ali said: 'Dubai Maritime City is right on track to fulfilling its mission of becoming the central maritime hub in the region and a powerhouse in the global maritime industry.'
Labels: Construction, Dubai, Properties
Saturday, March 15, 2008
First two trains for Dubai Metro have arrived in Dubai from Japan, Gulf News has learnt
The trains have been off-loaded from the ship at Dubai’s Port Rashid and have been moved to storage areas.
"We have achieved a crucial milestone for Dubai Metro Project with the arrival of first two trains on schedule,” said Adnan Ahmed Al Hammadi, Director of Rail Project Construction Department at the Dubai Roads and Transport Authority (RTA)
He told Gulf News that the trains will be used for the trail run which is set to start in late April this year on the test track between the Jebel Ali Industrial Station and the Ibn-e-Battuta Station on Shaikh Zayed Road.
"More consignments of trains will start arriving in June after we complete at least two months of trail run to check trains,” he said.
At least three to four trains will arrive in Dubai from June onward. A total of 62 trains will operate on the Red Line and some 17 trains will run on the Green Line of the Dh15.5 billion Dubai Metro Project.
Each trains consists of five compartments with maximum capacity of 897 passengers in peak hours.
Every train has three classes -the Golden Class, the Women and Children Class and the Silver Class. The Silver Class, which is economy class, will be given three out of five compartments while the other two will use one compartment each.
The interior design of train compartments for Dubai Metro is based on water and air theme.
The trains have been off-loaded from the ship at Dubai’s Port Rashid and have been moved to storage areas.
"We have achieved a crucial milestone for Dubai Metro Project with the arrival of first two trains on schedule,” said Adnan Ahmed Al Hammadi, Director of Rail Project Construction Department at the Dubai Roads and Transport Authority (RTA)
He told Gulf News that the trains will be used for the trail run which is set to start in late April this year on the test track between the Jebel Ali Industrial Station and the Ibn-e-Battuta Station on Shaikh Zayed Road.
"More consignments of trains will start arriving in June after we complete at least two months of trail run to check trains,” he said.
At least three to four trains will arrive in Dubai from June onward. A total of 62 trains will operate on the Red Line and some 17 trains will run on the Green Line of the Dh15.5 billion Dubai Metro Project.
Each trains consists of five compartments with maximum capacity of 897 passengers in peak hours.
Every train has three classes -the Golden Class, the Women and Children Class and the Silver Class. The Silver Class, which is economy class, will be given three out of five compartments while the other two will use one compartment each.
The interior design of train compartments for Dubai Metro is based on water and air theme.
Labels: Construction, Dubai, Dubai Metro
Tuesday, March 04, 2008
The 16th edition of the Dubai International Boat Show (DIBS), the largest leisure marine industry exhibition, will be held at the Dubai International Marine Club March 11-15. More than 800 companies and nearly 400 boats will participate in the event, WAM news agency reported Friday.
“Today, boating is as much about the feeling of luxury as it is about the thrill of being out on the water and the DIBS is the only place in the region to source these exclusive yachts,” said Helal Saeed Al Marri, director of Dubai World Trade Centre (DWTC), the organizer of the event.
The prestige and international positioning of this premier marine event, combined with the strong local demand for luxury boats, has propelled DIBS into a position where many of the world’s leading boat-builders are competing for space, DWTC said.
According to a recent report, the Middle East region has over 150,000 yachts, with local factories accounting for approximately 15 percent of worldwide production.
The range of luxury boats and yachts on display has become one of the distinctive features of the Dubai International Boat Show over the years, and the 2008 event is set to be one of the most prestigious editions ever held, he added.
Companies from every segment of the industry, from boat-builders to marine equipment suppliers and service providers, will participate in the exhibition.
“Today, boating is as much about the feeling of luxury as it is about the thrill of being out on the water and the DIBS is the only place in the region to source these exclusive yachts,” said Helal Saeed Al Marri, director of Dubai World Trade Centre (DWTC), the organizer of the event.
The prestige and international positioning of this premier marine event, combined with the strong local demand for luxury boats, has propelled DIBS into a position where many of the world’s leading boat-builders are competing for space, DWTC said.
According to a recent report, the Middle East region has over 150,000 yachts, with local factories accounting for approximately 15 percent of worldwide production.
The range of luxury boats and yachts on display has become one of the distinctive features of the Dubai International Boat Show over the years, and the 2008 event is set to be one of the most prestigious editions ever held, he added.
Companies from every segment of the industry, from boat-builders to marine equipment suppliers and service providers, will participate in the exhibition.
Friday, February 29, 2008
The Dubai Multi Commodities Centre on Monday unveiled plans for “Pearls of Arabia,” a project that will feature offshore entertainment, retail, and educational components. This project is the first stage of Dubai’s plan of reestablishing the emirate as a center for the global pearl trade.
In association with Paspaley Pearling Co. PTY Ltd, DMCC will establish a 6,000-square-meter "Experience Centre" at The World, a housing and business development of man-made islands in the shape of a world map off the coast of Dubai. The new pearl center will be built in Antarctica.
The project will include a pearl-themed cultural heritage centre, a performing arts theatre, an exhibition gallery, and a themed restaurant alongside boutiques inviting participation from the leading international names in the pearl industry. Visitors will travel to this destination by water ferries—transporting them across the manmade archipelago of 300 islands and into the region’s storied past. The facility is expected to be complete by the end of 2010.
"Less than a century ago, pearling was the very lifeblood of Arabia, accounting for some 80,000 jobs in the UAE alone and representing 95 percent of the country’s total revenues," said Ahmed Bin Sulayem, executive chairman, DMCC. "Pearls of Arabia presents age-old wisdom in a modern and contemporary fashion to revive the region’s historic legacy for the benefit of future generations."
DMCC’s objective is to develop the global and regional pearl market with specific focus on trading, grading, trade events, and auctions alongside trade and consumer education. The Pearls of Arabia project represents a component of Dubai’s strategy. The Dubai Pearl Exchange creates important opportunities for the international pearl trade by providing an exclusive trading platform and a facilitated free-trade environment for regional and international pearl traders.
DMCC also will investigate the introduction of a uniform certification for pearls, based on globally recognized quality parameters. This certification would be developed in conjunction with leading gem certification bodies to generate increased confidence in the pearl trade. Certificates issued from the emirate would have the official imprimatur of the Dubai Government.
In association with Paspaley Pearling Co. PTY Ltd, DMCC will establish a 6,000-square-meter "Experience Centre" at The World, a housing and business development of man-made islands in the shape of a world map off the coast of Dubai. The new pearl center will be built in Antarctica.
The project will include a pearl-themed cultural heritage centre, a performing arts theatre, an exhibition gallery, and a themed restaurant alongside boutiques inviting participation from the leading international names in the pearl industry. Visitors will travel to this destination by water ferries—transporting them across the manmade archipelago of 300 islands and into the region’s storied past. The facility is expected to be complete by the end of 2010.
"Less than a century ago, pearling was the very lifeblood of Arabia, accounting for some 80,000 jobs in the UAE alone and representing 95 percent of the country’s total revenues," said Ahmed Bin Sulayem, executive chairman, DMCC. "Pearls of Arabia presents age-old wisdom in a modern and contemporary fashion to revive the region’s historic legacy for the benefit of future generations."
DMCC’s objective is to develop the global and regional pearl market with specific focus on trading, grading, trade events, and auctions alongside trade and consumer education. The Pearls of Arabia project represents a component of Dubai’s strategy. The Dubai Pearl Exchange creates important opportunities for the international pearl trade by providing an exclusive trading platform and a facilitated free-trade environment for regional and international pearl traders.
DMCC also will investigate the introduction of a uniform certification for pearls, based on globally recognized quality parameters. This certification would be developed in conjunction with leading gem certification bodies to generate increased confidence in the pearl trade. Certificates issued from the emirate would have the official imprimatur of the Dubai Government.
Labels: Construction, Dubai, Gold, Holiday, Hotel, Palm Dubai, Properties, Society
Wednesday, February 06, 2008
Burj Dubai, the world's tallest building being developed by Emaar Properties PJSC, has completed 50 per cent of its cladding work, undertaken on an accelerated schedule by Arabian Aluminium Company.
More than 12,000 panels covering over 50,000 square metres have been installed on the tower, which is now the world's tallest free-standing structure.
Burj Dubai is currently 604.9 metres high. The final height and number of levels have not been revealed.
The cladding work is being undertaken in phases across various levels to match the project timelines. More than 80 storeys currently have the cladding system.
The primary materials used are reflective glazing, aluminium and textured steel spandrels, and vertical stainless steel tubular fins.
More than 12,000 panels covering over 50,000 square metres have been installed on the tower, which is now the world's tallest free-standing structure.
Burj Dubai is currently 604.9 metres high. The final height and number of levels have not been revealed.
The cladding work is being undertaken in phases across various levels to match the project timelines. More than 80 storeys currently have the cladding system.
The primary materials used are reflective glazing, aluminium and textured steel spandrels, and vertical stainless steel tubular fins.
Labels: Burj Dubai, Construction, Dubai, Hotel, Properties
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