Middle East 5

Overview of the Dubai Waterfront by Nakheel

Highlights on the Nakheel's biggest project to date and the world's largest waterfront.

1. Nakheel reveals Dubai Waterfront City master plan
The city will be based around a central island surrounded by four neighbouring districts: the Boulevard, Madinat al-Soor, the Resort and the Marina.

2. Dubai Waterfront completes 40 per cent of Madinat Arab infrastructure
Infrastructure work is 40 per cent complete on Madinat Arab, the first phase of the 1,400 hectare Dubai Waterfront project, according to Matthew Joyce, managing director of the project.

3. The six key people behind the 130-square-kilometre Waterfront real estate project.

Behind the 130-square-kilometre Waterfront real estate project are: Chris O'Donnell, CEO, Nakheel; Matt Joyce, managing director, Waterfront; Frank Konings, project director, central business district, Waterfront; Conrad Groen, development director, Waterfront; Rem Koolhaas, founder, Office for Metropolitan Architecture; and Kathy Cusack, planning and design manager, Waterfront.

4. Nakheel banks on Dubai utilities
The expansion plans of local property company Nakheel rely on the Dubai Electricity & Water Authority (Dewa) providing enough power and water for its projects, according to the company's legal counsel, Steve Hunt.

5. Waterfront to develop light rail systems
Real estate developer Nakheel is planning to build light rail and tram systems as part of its Dubai Waterfront development.

6. Work starts on $11bn Arabian Canal
Contractors have started work on two preliminary contracts for the 80km canal, which will also pass through the Dubai Waterfront, Discovery Gardens, Dubai Industrial City, the Jebel Ali Business Park and the Jumeirah Golf Estates.

7. Nakheel to award contracts for Waterfront development in Dubai
Construction deals worth $3.2bn to be announced by early 2009.

8. Contractors approached for Dubai Waterfront building works
Local developer Nakheel has invited selected companies to express interest in a building package for the Madinat Arab district at Dubai Waterfront.

9. Where next for Dubai's freehold areas?
Freehold ownership was opened to all nationalities in Dubai in May 2002 and proved to be master stroke. In Waterfront, Nakheel, one of Dubai's big three developers, has one of the biggest single freehold sites.

10. Firms sit by Waterfront
Two major awards have been made on the Dubai Waterfront development, which now incorporates Palm Jebel Ali. The overall development comprises 10 districts covering an area of 440 square kilometres, almost three times the size of Washington DC.

Fast Facts:


Waterfront will be the single largest waterfront in the world.

It will cover an area of 1.4 billion square feet or 13,000 hectares – bigger than Manhattan or Beirut and twice the size of Hong Kong, with 16 square kilometres of land and a 'hook' of six reclaimed islands of 2,300 hectares.

Waterfront is Nakheel's biggest project to date – bigger than The World and The Palms Jumeirah, Jebel Ali and Deira.

It represents 65 per cent of Nakheel's land bank.

Work is well-advanced on the islands. Matt Joyce, Waterfront's managing director, says: "We are reclaiming 3.52 million cubic metres a month, a rate fast enough to fill Wembley stadium three times every month."

Nakheel is developing 23 per cent of the Arabian Canal within Waterfront; Limitless will develop the rest. Nakheel was originally tasked with building all of the Arabian Canal.

Waterfront, sitting on the last 15 kilometres of natural coastline in Dubai, will also add 70 kilometres of beachfront.

The long-term target is a permanent population of 1.5 million over 20 years.

An overview of the city

The project is expected to create one million jobs when complete. Waterfront's surrounding areas – Jebel Ali Free Zone & Port Authority, the Techno Park, Dubai Industrial City and Al-Maktoum Airport – are also expected, between them, to create one million jobs over the next five years. The Arabian Canal development is also predicting a 1.5 million population. "They will need somewhere to live," says Joyce. "Hopefully that will be the Waterfront."

Omran, Nakheel's "contribution to workforce wellbeing", will provide housing for 60,000 workers on site. Their travel time will be reduced to 20 minutes, two to four workers will be housed per room, there will be gyms, canteens, pool tables, cafes, cricket pitches and banks, and greenery from the plant stock nursery will be based here to beautify Omran, Joyce said. (MEED)

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