Work starts on marina in $272m Dubai waterfront project

Dubai Properties CEO hails 'significant milestone' in construction of Marasi Business Bay

Dubai Properties has announced the start of work on the new Marasi Business Bay marina as part of the AED1 billion mixed-use Marasi Business Bay project.

The installation of the pontoons, which marked the occasion, took place in the presence of Abdulla Lahej, Group CEO of Dubai Properties.

Launched by Dubai Holding and Dubai Properties Group in May 2016, Marasi Business Bay is "well on track" to becoming the city’s most sought-after waterfront destination, a statement said.

It features unique water homes with pools and floating restaurants and is located along the city’s newest attraction - the Dubai Water Canal.

Marasi Business Bay hosts the Park, the Pier and the Marina that will eventually comprise 800 berths in total, making it the region’s first purpose-built yachting hub.

Set for completion in the third quarter of 2017, the first phase of the marina will feature 157 berths varying in size from eight metres to 35 metres, the statement added.

Lahej said: “Today marks a significant milestone in the development of Marasi Business Bay, which is testimony to our commitment of creating destinations that provide exceptional lifestyle experiences for residents and visitors alike - reinforcing Dubai’s position as a global tourism destination.

"The new marina at Marasi Business Bay will leverage latest advances in construction and engineering for its on-schedule completion, offering the city a new active urban lifestyle dimension and waterfront destination.”

Related:
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

NOTE: Comments posted on arabianbusiness.com may be printed in the magazine Arabian Business

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

All comments are subject to approval before appearing

Further reading

Features & Analysis
Railways are huge priority for the GCC

Railways are huge priority for the GCC

Rail has the potential to dramatically affect Gulf economies...

Cash crunch at Saudi firm casts shadow over Lebanon's Hariris

Cash crunch at Saudi firm casts shadow over Lebanon's Hariris

The troubles at Saudi Oger have led to a cash crunch and layoffs...

Abandoned in Saudi desert camps, migrant workers won't leave without pay

Abandoned in Saudi desert camps, migrant workers won't leave without pay

Plight of workers has alarmed their home countries and drawn...

5
Most Discussed
sponsoredTracking