Dubai ruler views plan for $816m Deira project

Deira Waterfront Project will include six hotels, residential towers, offices and marina

An artist's impression of part of the Deira Waterfront Development Project.

An artist's impression of part of the Deira Waterfront Development Project.

Dubai's ruler Sheikh Mohammed bin Rashid Al Maktoum has viewed AED3bn ($816m) plans to create a major new waterfront attraction in the emirate.

Stretching more than four kilometres between Dubai Creek and Hamriya Port, the Deira Waterfront Development Project will include six hotels, residential and commercial towers, a marina, storage facilities, loading and unloading bays, and a parking lot, news agency WAM reported.

The first and second phase of the project, which was first announced last year, will have an estimated cost of AED3bn and are expected to take four years to complete.

Sheikh Mohammed was given an insight into the project by Mohammed Ibrahim Al Shaibani, executive director and CEO of the Investment Corporation of Dubai (ICD), developer of the project, WAM added.

Last year, it was announced that phase one of the project would also include a new fish market, a souq and a range of food and beverage outlets.

It was reported that the market will have more than 1,000 car parking bays for customers. The new fish market will have a direct access to the sea, where a port will be built to allow fishing boats to dock.

Sheikh Mohammed also viewed a design of the 2km Business Bay Canal project which will cost more than AED1.5bn and include a unique "hanging canal" feature which will be built over the Dubai Metro track.

The water project extends from the Business Bay to Jumeirah Beach crossing the Sheikh Zayed Road, Al Safa Park and Wasl Street.

"I want this project to see light within two years from the day of beginning of construction," Sheikh Mohammed said in comments published by WAM.

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Posted by: Mohammad Imran

Great very Great every country needs a leader like H.H Sheikh Mohammad Bin Rashid Al Maktoum God bless him

Posted by: Hisham

Great! Let's go at it again Dubai! It's time to have that buzz going all over the world again, and the creek of course is a beautiful and historic location in Dubai, which makes it even better. Only one thing, can we please start getting rid of people who throw everything from plastic bottles and bags, spray cans and all kinds of stuff in the beautiful creek and pollute it. They're better off elsewhere...

Posted by: Ronald

Singapore belatedly (and just in time) realised that heritage was of utmost importance and has made a huge effort to upgrade and renovate old convents, shophouses and entire street facades. Behind the quaint Chinatown exteriors lie ultra modern offices and dwellings. Dubai, which has aped Singapore in everything except financial success, could do well to learn that not all tourists or even residents want another Starbucks or Manchester United shop.

Posted by: Business Man

Ronald, I think there are very few similarities between Dubai and Singapore. If Dubai has aped Singapore i cant imagine in what context. They are chalk and cheese. Singapore is a first world country. Like comparing Rwanda to Switzerland.

Posted by: Ali Gul Kurd

The project seems to bring innovations to the attractions of Dubai. The water fronts of Dubai need such kind of innovations otherwise it will remain behind from other Gulf States. Development should be the continuous process of Dubai.

Posted by: CBG

What other Gulf States are you referring to? KSA? Kuwait? I don't think any of the Gulf States come close to what Dubai has achieved. Another Mall or a few more 7 star hotels wont really bring in more tourists. I believe the old parts of Dubai and Deira should be left alone. Its history, heritage, bazaars and souqs, the abras and dhows, alleyways of Bastakiya all retain the character of Old Dubai. All it needs is a bit of a cleanup and some slick marketing ads to promote it.

Posted by: Mark

This is the only area of Dubai with genuine history and soul. There are lots of old buildings-some art-deco types, narrow hidden streets and the various nationalities with their 'designated cultural' areas. The best place in Dubai to walk around and explore and to eat great street foods. I'm afraid this re-developement will destroy not only the heritage but the essential soul and characteristics of old Dubai. The government should repair and maintain the area rather than build futuristic buildings and swanky malls.

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