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CONSULATE GENERALE OF THE REPUBLIC OF KOREA

CONSTRUCTION PROJECTS
In Dubai, UAE
March 16, 2017
Table of Contents
DEIRA ISLANDS .................................................................................................................................................................................. 2
Deira Mall Project ......................................................................................................................................................................... 3
Deira Islands Boulevard Project .................................................................................................................................................... 3
20-Towers Project ......................................................................................................................................................................... 3
800-room resort............................................................................................................................................................................ 4
Avani resort Project ...................................................................................................................................................................... 4
Deira Night Souk Project ............................................................................................................................................................... 4
DUBAI WORLD ISLANDS ................................................................................................................................................................ 5
PALM JABEL ALI................................................................................................................................................................................. 8
DUBAI CREEK HARBOUR ................................................................................................................................................................. 10
THE TOWER ................................................................................................................................................................................. 12
SOUTH DUBAI PROJECTS (Ex. Dubai World Central) ....................................................................................................................... 13
EXPO 2020 .................................................................................................................................................................................. 14
AL MAKTOUM AIRPORT EXPANSION .......................................................................................................................................... 16
EMAAR South .............................................................................................................................................................................. 18
METRO ROUTE 2020 ....................................................................................................................................................................... 19
MALL OF THE WORLD ..................................................................................................................................................................... 21
MUSEUM OF THE FUTURE .............................................................................................................................................................. 23
DUBAI FRAME ................................................................................................................................................................................. 24
HYPERLOOP TRAIN .......................................................................................................................................................................... 26
MBR SOLAR PARK EXPANSION ........................................................................................................................................................ 27
BLUE WATER ISLANDS..................................................................................................................................................................... 28
AIN DUBAI ................................................................................................................................................................................... 30
UNION OASIS .................................................................................................................................................................................. 31
AL MAMZAR BEACH FRONT ............................................................................................................................................................ 32
Six Flags Dubai ................................................................................................................................................................................ 33
JUMEIRAH BAY ISLAND ................................................................................................................................................................... 34
PEARL JUMEIRAH ............................................................................................................................................................................ 36

1
DEIRA ISLANDS

Developer: Nakheel

Size: 15.3 s.q. kilometres

Launching time: 2004

Completion time: 2020

The project was first named as “Palm Deira”. It Figure 1Deira Island- Someday
was about to be the largest among the palm
Islands (Palm Jumeirah and Palm Jebel Ali). project as a mixed-use development including four
The project was launched in 2004 with an man-made islands (A, B, C and D).The project will
estimated value of DH 11 billion and was intended feature almost six million sq. ft. of retail space and
to house one million people. It was believed to be around 3,000 apartments/hotel rooms and will
completed in 2012. add 40km of coastline, including 21km of beach, to
Dubai.
Due to a substantial change in the depth of the
Persian Gulf, a change took a place in the design. Nakheel has retained the larger plots along a six-
kilometre stretch of beach linking the first two
In 2008 Nakheel was affected by the international islands under development at the site for resorts,
economic crisis, so the construction of project was but has been leasing 94 smaller plots of between
brought to a halt. 50,000 and 670,000 square feet to hotel and
serviced apartment operators at other waterfront
After the recovery of the real estate market in locations. Agreements for 35 of these have already
2011, construction work started again, but with been signed.
more modifications.
On June 13 2016, Nakheel has handed a contract
In October 2013 Nakheel unveiled Deira Islands for nearly AED4 million to ILF Consulting Engineers

Figure 2- Deira Islands location

2
for sewage treatment plant work at Deira Islands. On 20 February 2017, Nakheel received three
construction bids for Deira Mall and the lowest of
Under the agreement, Austria-based ILF will the bids submitted was Dh4.2 billion.
oversee the design and construction supervision of
the STP and lifting station. Deira Islands Boulevard Project
The STP will be developed in two stages (2017-
2022) and (2022 to 2042).

In September 2016, stage one infrastructure works,


covering two of the four islands was completed.
Stage two infrastructure works are underway.

In December 2016, Nakheel announced the


completion of the construction of bridge linking Al
Khaleej Road with Deira Island A. The bridge
costed AED150 million ($40.8m) and was set to
open on Friday 16 December 2016. Currently, Figure 3Deira Islands Boulevard Master Plan
access is limited to construction teams and
In January 2017, Nakheel invited contractors to
authorised visitors.
submit bids to Deira Islands Boulevard
In February 2017, Nakheel has already spent about
Deira Islands Boulevard will be built on a 9 million
Dh3bn on its infrastructure with more “multi-
sqft area. 20% of the land allocated for the
billion contracts” on the way.
Boulevard will be communal outdoor space
Nakheel launched 2 resorts in the Deira Islands containing gardens, shaded walkways and sports
and said in February 2017 that the developer is in and wellness facilities.
talks with two more potential joint venture
Nakheel plans to add a further six towers –
partners to build 5 resort hotels at it the Deira
including two hotels, two serviced apartments and
Islands.
two residential – to the Boulevard at a later stage.
Dredging and reclamation works for Island C – the It said that tenders for these will be issued "in due
biggest at over 6.7 sq km and Island D have been course".
carried out, but as yet there is no start date for
Nakheel anticipated the delivery of the project in
their development. "It’s a future plan," Mr Lootah
2020.
said. "We’re focusing with the first two."

The projects being developed currently in the two 20-Towers Project


islands are as follows: In September 2016, Nakheel commenced work on
a AED5 billion, 20-tower community.
Deira Mall Project
The towers will be located in Deira Islands
In June 2014, Nakheel awarded a Dhs40m design
Boulevard and surround Deira Mall. They will
contract for Deira Mall project.
contain nearly 2,900 apartments and townhouses
Deira mall will cover an area of 761,840 sqmeter for lease as well as around 1,000 hotel rooms and
and is expected to be completed in Q4-2018 with serviced apartments.
a cost of $900 million.
Nakheel has appointed consultants AE7 to oversee
the design, engineering and construction
supervision of the project, which is set for delivery

3
in Q2 2020. A construction tender will be released Souk project, wich set to be the “biggest night
in Q1 2017. market in the world”.

800-room resort Located on island A, the Night Souk stretches


1.9km along the waterfront and will feature 96
quayside cafes and restaurants.

The construction contract for the project is being


carried by UNEC.

The traditional souk will include 5,300 retail units


of the same size. They will offer different products.
The units have already been leased, all by UAE
nationals.

In August 2016, Nakheel and the Spanish RIU The company expects to earn Dhs300m annually
Hotels & Resorts start development of AED900 in rental revenues from the souk.
million beachfront resorts at Deira Islands. The
project is due to open in the third quarter of 2019. The souk will open only after sunset until late
night.
Avani resort Project
The Night Souk area will not be fully air-
In January 2017, Nakheel has signed a joint conditioned, but the design will allow for greater
venture with Thailand-based Centara Hotels and wind movement and keep temperatures cool.
Resorts, paving the way for a Dh500 million
beachfront resort in Deira Islands. 3,166 parking spots will be available close to the
souk.
The resort is expected to open in 2020. However
WAM has stated that “the resort is anticipated to The Night Soukis expected to be ready for traders
have a soft opening in 2019 and its grand opening to fit out their units in the first half of 2018 and
in 2020.” open before the end of 2018. The main contractor
working on the projec project is Unec.
Deira Night Souk Project
In February 2017, Nakheel said that Construction
is underway on the Dhs1.57billion Deira Night

4
DUBAI WORLD ISLANDS

Developer: Nakheel Properties.

The world islands is a collection of man- made


islands shaped into the continents of the world in
the Persian Gulf. The Islands are designed to
consist of 300 small private artificial islands
divided into four categories. The Categories will
include private homes, estate homes, dream
resorts, and community islands.

Each island of The World ranges 23.2 to 83.6


thousand square meters with 50 to 100 meters of
water between each island.

The DH 6.6 billion (US$ 1.8 billion) project will


supposed to be developed.
cover a total area of 9 kilometers in length and 6
kilometers in width and will be surrounded by an When the financial crisis occurred, the entire
oval shaped breakwater. project was hit. Accordingly, Nakheel sought bail-
out of the debt that mounted to US$25 Billion at
The only possible means of transportation
the end of 2009.
between the islands are by marine or air
transport or boats from Umm Suqeim and Investors who bought some of the islands of have
Jumeirah fishing harbors. become unable or unwilling to finance the
project anymore.
Each island was supposed to be sold to selected
private developers and were expected to be
priced at DH25 million (US$6.85 million).

According to Nakheel70 percent of the 300


islands have been sold and 43 islands were

5
In January 2014, Kleindienst Group launched the recommencing work on the project in 2014 and
will be responsible for much of the preparation
works such as the shaping and compaction works
of the island, plus logistics.

Wuchang and Sino Great Wall will be responsible


for the assembly and fit-out of most of the
buildings, including the 14 hotel resorts proposed
Figure 4- The Heart of Europe- Someday
and around 2,000 villas.

construction of "The Heart of Europe” project MrKleindienst said work started immediately on
estimated at worth Dh4.8 billion. The Main Europe island featuring most of the
hotels, the German island and St Petersburg
The heart of Europe is six offshore islands. The island, with a view to the entire project
first of these series of islands will be Europe, completing before Dubai’s Expo 2020.
Sweden and Germany. In 2015, according to
Kleindienst Group, more than 60 floating The first resort hotel, Honeymoon Island, is due
seahorses of The Heart of Europe were sold, even for completion in 2017, with the remaining hotels
before the first structure has touched down in and villas being handed over in phases between
the Persian Gulf. 2018 and 2020.

In August 2016, it was announced that the


developer Kleindienst Group plans a new five-
island, 1,500-unit project “Pearl of Asia”. The
master planning and concept development will
be done in-house by Kleindienst Group. The
name of the partners and the value of the project
were not revealed but the company said that it
will fund it through the sale of additional hotel
rooms from the Heart of Europe. The project is
expected to be completed in 2017.
Figure 5 Example of floating Seahorses
Currently, only two of the islands in the World
In December 2016, Kleindienst Group appointed Islands are completed: Lebanon Island“The Green
main contractors to build its Heart of Europe land”that was owned by the ruler of Dubai H.H
project, a joint venture between Dubai-based JK Sheikh Mohammed Bin Rashid Al Maktoum who
Bauen and Chinese contracting companies which was given as a present to Michael
Wuchang Ship Building Industry Group and Sino Schumacher.
Great Wall International Engineering will be
carrying out projects. The entire continents of Africa, Asia, Australia,
and South America remain entirely uninhabited
JK Bauen is a construction company owned by blotches of sand
MrKleindienst. It has been carrying out work at
The Heart of Europe on its Sweden Island since

6
Figure 7 The Green Land Island Figure 6 The Lebanon Island

7
PALM JABEL ALI

Developer: Nakheel alternative Nakheel project, or a full refund in


2015.
Size: 23.5 km²
In November 2014, A letter signed by 74
Cost: was estimated in 2002 at US$25 billion investors in Nakheel’s Palm Jebel Ali project has
been sent to the office of Dubai ruler, Sheikh
Lunching time: October 2002
Mohammed bin Rashid Al Maktoum, highlighting
Completion time: was originally planned to be the uncertainly and negative impact the delay in
accomplished by the middle of 2008 but it is delivering the project has had on the group.
currently still until construction and it is
The letter said: “We purchased our homes on
expected to be completed by the end 2018.
the Palm Jebel Ali between 2003 and 2008
Description: Includes six marinas, a water theme because we are excited to be part of this world
park, 'Sea Village', homes built on stilts above class development… Since 2003, we have all
the water, and boardwalks that circle the paid between 30 percent and 50 percent of the
"fronds" of the "palm". The island was planned price of our homes to Nakheel and many of us
to include a land designed inscription to an have paid far more than this via the secondary
Arabic poem by H.H Sheikh Mohammed Bin market,” the letter, which was seen by Arabian
Rashid Al Maktoum. Business, stated.

The breakwater was completed in December

2006. The infrastructure work began in April


2007 as major constructions would not “The lack of certainty as to when our homes will
commence until most of the infrastructure work be built has caused, and is causing, tremendous
was completed. financial and emotional suffering for us and our
families and many of us continue to endure on-
Prices of properties being sold on the Palm Jebel going mortgage and rental costs whilst we are
Ali by fall by 60% till November 2008 because of waiting. Many of us have invested our life
the financial crisis of 2007–2010. As a result,half savings into the Palm Jebel Ali,”
of projects were cancelled or delayed. Later on,
Nakheel confirmed that no work would take The developer declared that it has handed over
place on the development in the near future. 956 units to customers by the end of September
2014.
In 2011, investors were reportedly being invited
to swap their funds to units in Palm Jumeirah, In 2015 Nakheel said that the Palm Jebel Ali
receive a credit note to be offset against an project will be built – but not in the short term.

8
In an interview with Arabic daily Al Ittihad, In September 2016 Mr. Lootah said “Palm Jebel
Lootah ruled out dropping the project and said Ali remains a long-term project because we have
the company was committed to completing all to keep in consideration the market situation. At
of its announced projects on a schedule that the end of day it’s all about demand and supply.
responds to market needs. We have to be selective to grow,”

In January 2015, Nakheel said it plans to build 80 On 31 January 2017, the Egyptian billionaire
apartment buildings on the site along with Najib Sawiris declared that he is considering new
developing nearly 800 homes. touristic project in Palm Jebel Ali.

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DUBAI CREEK HARBOUR

Developer: Emaar Properties &Dubai Holding.

Size: 6 Km² In May & June 2006: Sama Dubai began selling
plots to developers in Phase 1 & 2 of the project.
Location: Ras Al Khor
In November 2006: Sama Dubai launched Dubai
Launching time: was launched in 2006 and towers which were a group of four towers
cancelled in 2009 following the financial crisis. ranging between 54 and 97 floors. This project
The project was revived in 2014 was set to be the stand-out development of The
Completion time: over at least 15 to 20 years.

Description: Previously known as The Lagoons,


covering some 70 million sq. ft. of land. Initially
50% of the project was supposed to be
developed by SamaDubai (Subsidiary of Dubai
Holding) while the remaining 50% of sellable
land would be sold to investors allowing them to
launch projects within the community's bylaws.
The project's land also includes the Ras Al Khor
bird sanctuary which would remain a protected
wildlife area. The overall master plan called for a
total of about 100 residential towers spread Figure 8- Dubai Creek Harbour someday
over 7 islands.
Lagoons but was put on-hold after the 2009 real
estate crash. This project is now cancelled and

10
will be re-designed. the community and taller than the BurjKhalifa.
The Tower will rise at the center of the 'Urban
Between 2006 & 2008: The Lagoons basic Core'.
infrastructure began to take shape but always
lagged behind the timelines set by the master- In September 2016: A fourth residential project
developer. The project never gained enough called Creek Horizon was launched in the Island
traction, even though some developers began District.
announcing projects within the community
(which for the most part were sold out). In mid- As of October 2016, developments are only
2008, senior Sama Dubai executives were taking place on the Island District where Emaar
indicted on corruption charges. have launched a series of residential towers.

After the real estate crash of late 2008, Sama The Island District is currently connected to the
Dubai announced large scale redundancies and mainland but will eventually become an Island
pulled back the overall project. Many investors connected to the 'mainland' by at least three
who had already purchased properties within bridges as per the master-plan.
the community (both through Sama projects and
In February 2017, Emaar Properties launched
with private developers) were left in limbo.
the “Harbour Gate” within Dubai Creek Harbour.
Starting in 2010, some investors were able to
get back their money after a 30% deduction. Harbour Gate will be a residential estate located
Other investors were relocated to other close to The Tower. The sales took place on
continuing projects in Dubai by means of credit February 18. Details of the pricing have not been
notes. In essence the overall project was revealed.
cancelled.
Harbour Gate will allow residents to have 270-
In 2013 Dubai Holding & Emaar Properties degree views of “The Tower” from a communal
announced their intention to revive the project. rooftop terrace.
The master-plan of the community has since
been redrawn. The project was renamed Dubai
Creek Harbour

In October 2014: Emaar Properties announced


the launch of the first project in the community -
The Dubai Creek Residence, which is part of the
island that will now be known as the Dubai
Creek Harbour.

Also in October 2014: Emaar Properties & Dubai


Holdings announced a plan to launch the world's
tallest twin towers. This was later scrapped, and
in its place “The Tower” was launched.

In September 2015: Emaar Properties launches


Creekside 18, a twin tower high-rise - As for now, all developments being launched
development consisting of 1, 2 and 3 bedroom are solely by Emaar. It remains to be seen
apartments. Creekside 18 is located adjascent to whether other private developers will be able to
the Dubai Creek Residence. purchase land to launch projects in other parts
of the overall community.
In June 2016: Emaar unveils The Tower at Dubai
Creek Harbour, which will be the center-piece of

11
THE TOWER

Developer: Emaar Properties for the piling work, another for the tower’s main
concrete base and a third for steelwork,
Architect: Santiago CalatravaValls including fabrication of cables, which will be the
longest ever used on a structure.
Height: 928 meters tall
In March 2017, the pile foundations for the
Value: US$ 1 billion

Location: Dubai Creek Harbour

Launching time: October 2016

Completion time: 2020

Description: The Tower, part of the multi-billion-


dollar Dubai Creek Harbour project in Dubai
Creek. It will form the centerpiece of 6 km² and
will be 100 meter taller than BurjKhalifa. It is
expected to be the second tallest tower in the
world after the 1 Km Jeddah Tower which is
under construction now and expected to be
delivered in 2019. Figure 9The Tower -Someday

The Tower will mainly serve as an architectural Tower have been completed,
tower than a working building, but there will be
As part of the foundation work, the pile was
between 18 to 20 upper floors used to a hotel
tested to a load of over 36,000 tonnes – the
with restaurants, function rooms, an interior maximum carried by a single foundation pile
garden space and a 360-degree observation to date,
platform.
More than 145 barrette piles have been used
Its construction was likely to be separated into to form the foundation for the new building,
three packages, with one contractor responsible Valls.

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SOUTH DUBAI PROJECTS (Ex. Dubai World Central)

Dubai South (previously known as Dubai World Central) is a self-contained city


which currently includes Al Makhtoum International Airport, Emaar South, and
EXPO 2020. Dubai South, as it develops, will have various districts including
residential, commercial, logistics, aviation, humanitarian, exhibitions and of course
the airport itself.

The main Mega projects in Dubai South are: Expo 2020 site, Al Maktoum and International Airport
Expansion and the Residential District (which includes The Villages, The Pulse, Emaar South, MAG 5
Boulevard and other residential/Community projects).

13
EXPO 2020

Developer: Dubai Government square metre UAE Pavilion designed by Spanish


architect Santiago Calatrava.
Size: 6 Km²
Mr Al Ali said revealed that he expects Expo
Project value: AED 1.3 billion participants who want to build their own pavilions
to be signed up by the second quarter of 2018. He
Location: Dubai South
is advising them to sign up early because building
Launching time: 2013 pavilions takes time according to him.

Completion time : Decembre 2019 Roberto Nassi, a general manager of engineering


consultancy Metropolitana Milanese said that
Description: The Expo 2020 site is located on a 438 about one-third of total expenditure on Expo
hectare parcel within the Dubai South. The site is projects goes on capital infrastructure by the host
expected to host over 25 million visitors during the nation, another third goes on construction of
six month period commencing in October 2020. pavilions by participating nations and the
The many components that make up the site are remainder goes on the operational costs during
already conceived and construction is currently the six-month hosting period.
underway.
February 1, 2017Expo 2020 says it will start the
launch of tenders aimed at small businesses, for
the manufacture of licensed products.

Expo licensees can buy the right to produce an


expected 5,000 different Expo branded products,
which will be sold to visitors during the six months
of Expo 2020, as well as online, and through
dedicated stores across the UAE.

Last year Expo 2020 announced that 20 per cent


Figure 10 EXPO 2020 - Someday of its budget – more than Dh5 billion – would be
spent through SMEs.
In January 2017, Theexecutive director of Dubai’s
Expo 2020 Burea said that Detailed designs for the This week Expo 2020 and the Department of
project site are being finalized and more than 4.7 Economic Development hosted a series of
million cubic metres of sand had already been workshops explaining how SMEs can become
shifted on the plot. Also many of the staff have official Expo 2020 licensees.
already moved to offices on the site.
Expo 2020 said it expects to start launching
He added that the construction is going to start in tenders for licensed products on a rolling basis in
2017 and to intensify in 2018, and finalize towards February and March, and the process would
the end of 2019. continue through the year into 2018.

Also, he said that tenders have been issued for On Sunday 19 February 2017, Expo 2020 Dubai
several aspects of Dubai’s Expo 2020 site in recent delivered the first public roll-out of its $100 million
weeks, including the construction of the 15,000 (Dh367 million) Expo Live programme to help fund,
accelerate and promote creative projects that will
improve lives while preserving the planet. The

14
programme calls for individual entrepreneurs, Other key awards for the year ahead include the
SMEs, not-for-profit organizations, or government- construction of the three Thematic Districts that
related entities to submit their solutions, which will host the majority of the pavilions, as well as
should be at a demonstration and implementation the public areas and the design, development and
stage, to Expo Live. Expo Live will deploy a delivery of all temporary architecture and
combination of programmes, challenges and infrastructure required to stage the event.
knowledge-sharing events in the run-up to the
Expo, focusing on the universal drivers of progress SAP, a global leader in innovative software
— Opportunity, Mobility and Sustainability — solutions, has become Expo 2020 Dubai’s first
which are core themes to Expo 2020 Dubai. international Premier Partner and will support the
delivery of personalized experiences to millions of
A Sustainability Pavilion will be constructed in the visitors from around the world.
heart of Expo 2020 site as one of Dubai initiatives
to accelerate a momentum towards a greener and SAP will co-innovate on real-time technology
cleaner future. The pavilion is expected to be a platforms that enable organizers and exhibitors to
magnet for Expo 2020 Dubai visitors, especially instantaneously analyze data to identify visitor
children and youth, interested in science and best trends. These insights will be used to help tailor
practice sustainability. each visitor’s experience to their preferences.

Expo 2020 Dubai will award 47 construction This could enable visitors arriving at Expo 2020
contracts worth AED 11 billion (3.0 billion USD) in Dubai to be informed of the quickest route to their
2017. preferred pavilions with suggested stops on the
way, or being directed to see the latest virtual
A further 98 non-construction contracts totaling reality advances because they are technology
more than AED 360 million (98 million USD) will enthusiasts.
also be distributed before the end of the year.
These will range from legal advisory services to Expo 2020 Dubai is expected to run more than 20
event management and merchandising. real-time solutions on the SAP HANA in-memory
platform and the SAP S/4HANA real-time business
The construction contracts for 2017, which are suite.
open to local, regional and international
businesses, include the third and final At the end of February 2017, France officially
infrastructure package for the event’s support confirmed its participation in a letter from French
areas, including car parking. Prime Minister, addressed to the Ruler of Dubai.

15
AL MAKTOUM AIRPORT EXPANSION

Developer: Dubai Aviation Engineering Projects capacity of the passenger terminal at Al Maktoum
(DAEP) airport to handle 26 million passengers, from its
current capacity of 5 million. Under the
Size : 56 km² agreement, the first phase will increases the built
up area of the Passenger Terminal Building from
Value: AED 120 billion
the existing 66,107 sqm to 145,926 sqm and will
Location: Dubai South be completed by June 2017.

Announcement: 2016 In May 2016, Sheikh Ahmed bin Saeed Al


Maktoum, the chairman of Dubai Airports and
Completion time: 2018 Emirates Group said that Work is underway on an
expansion of the airport’s annual capacity to 26
Description: The expansion of the airport will be million passengers. Also Turner & Townsend was
executed in two phases over the next six to eight appointed as project manager for the passenger
years. The first will construct new terminal terminal expansion
facilities, concourses and satellite terminals, as
well as expand existing facilities. The second sub- It was also announced in May 2016 that the next
phase will expand and construct runways, site phase of expansion at Al Maktoum International
grading, roads Airport is set to get under way in June 2016 with
the announcement of major new infrastructure
Currently, Al Maktoum International is capable of projects.
handling more than 5 million passengers. A
year.After the expansion's completion, the In September 2016, an official said that the
airport will be able to handle more than 220 project will be financed through debt.
million passengers a year. The airport is expected
to become the world's biggest, in terms of size Khalifa Al Zaffin, the executive chairman of Dubai
and passenger capacity by 2050.The project will Aviation City Corporation and Dubai South
also allow Dubai’s cargo-handling capacity to declared that 80 % of flydubai’s operations are
treble – to more than 12 million tonnes a year, up expected to move from Dubai International
from 4 million tonnes. Airport to Al Maktoum the next year (2017), and
that Emirates is expected to move into Al
In March2016, DAEP announced that it had Maktoum by 2025.
awarded a contract to Alec to increase the
In October 2016, Turkey-based AE Arma-
Elektropanç has been appointed for the
mechanical, electrical, and plumbing (MEP) works
( $65 million)at Al Maktoum International
Airport. It was also published that the
completion date of the first phase, that aims to
increase the capacity of the airport to 26 millions,
will be June 2018 isntead of June 2017.

In November 2016, Dubai announced plans for an


initial $3 billion financing deal to support the
expansion of its two international airports. The
Figure 11- Al Matoum Airport after completion of phase I government has chosen HSBC to arrange the

16
funding of $3 billion towards the expansion of Al of the Al Maktoum International Airport
Maktoum International Airport. Expansion Project. In preparation for the
expansion, Lane will work on temporary fences
A consortium of Dubai state entities, comprising and gates, utilities and site offices, as well as site
of the Department of Finance, state-owned fund security. It is to start in January 2017 and finish in
Investment Corporation of Dubai, and the Dubai 31 months.
Aviation City Corporation, will raise the financing.
The three parties will work jointly to raise Also in January 2017, it was annouced that The
financing from various liquidity sources, both government is due to get commitments from
conventional and Islamic while HSBC is acting as banks over the next two weeks for a $3 billion
financial advisor. loan to back the $35 billion airport project. The
$3 billion loan for the airport expansion is split
Dubai Department of Finance said that Dubai between a $2 billion conventional tranche and a
government has sent a request for proposals to $1 billion-equivalent, local-currency Islamic
banks for the financing of the expansion of Al tranche.
Maktoum International Airport, and expects
to receive banks' feedback over coming weeks. Banks participating in the transaction,
coordinated by HSBC, can commit funding across
In December 2016, The Lane Construction the two tranches and the loan will have a seven-
Corporation, a U.S. subsidiary of the Salini year maturity.
Impregilo Group, was made responsible for 60%

17
EMAAR South

Developer: Dubai South and Emaar partners Construction of the first phase of the project
was launched in 2016. The first village is
Value: AED25 billion ($6.8bn) expected to be completed in 2019 – a year
before Dubai hosts World Expo 2020 at the
Size: 145 km²
neighboring exhibition site.
Location: Residential District in Dubai South
The Pulse development will be centred around a
Launching time: 2016 70-metre wide, six-lane boulevard. It will include
236 town houses, which will be completed by
Completion time: 2019 December 2018. They will be followed by 152
apartments in a project called The Pulse
Description: Emaar South was announced in late Boulevard Apartments and 60 apartments in a
August 2016. The project will feature six districts block to be known as The Pulse Residence, all of
for more than 15,000 homes that include villas, which are expected to be completed by June
town houses and apartments, an 18-hole 2019.
championship golf course, community parks,
retail facilities, schools, and three and four-star On October 3, 2016, it was announced that over
hotels. 300 homes were sold as part of the first release
at The Pulse, directly from the master-developer.
The first phase of the project was launched in
early September 2016 (The villages and the
pulse). More launches for various property types
will follow. In January 2017, it was announced that a new
multi-purpose development, MAG 5 Boulevard,
The Villages is the first residential cluster for will be built on an area of 1.27 million sq feet in
home-buyers that offers urban lifestyle in a rural The Village.
environment with lush green vegetation where
residents will be able to grow their own The developer, formed jointly by MAG Property
vegetables. The project will host 3-5 villages, Development (MAG PD) and MBM Holding said
each covering one square kilometer and host that the project would be completed within two
around 6,000 residential units. years.

The villages Project was announced in October Once completed, MAG 5 Boulevard will feature
2015 with at a cost of Dh25 billion. The master 1,172 residential units and a selection of retail,
plan of the project, which was to be built around food and beverage (F&B), and leisure and
a large international airport and airport city, was entertainment amenities. The project is
announced in 2006-07, with development value estimated at $190m (AED700m).
estimated at Dh110 billion at that time.
MAG 5 announced PD FNC as the main
contractor for MAG 5 Boulevard.

18
METRO ROUTE 2020

Developer: RTA The main station will be EXPO 2020 station


which its design was inspired from the wing of
Length: 14.5 Km the plan.
Number of stations: 7 The Official operation of the service will begin
on May 20, 2020 - five months before the
Value: AED 10.6 billion (US$2.7 billion)
official opening of the Expo. As part of the
Launching time:June 2016 project, 50 trains will be purchased with 15 for
the Expo service and 35 to upgrade the metro
Completion time:Second quarter of 2020 system.

Description: An extra 15 km will be added to the In June 2016,The contract for the Dh10.6 billion
Dubai Metro with plenty of extra trains and project was awarded to Expolink, a consortium
stations added into the mix. of French, Spanish and Turkish firms.

The French Thales Group will provide


technological systems and Acciona and
Gulermack will handle civil work.

In September 2016, the foundation stone was


laid.

According to Mattar Al Tayer, director-general of


RTA, the Preliminary work on the Route has
The extension will link the Red Line from begun immediately after laying the foundation
Nakheel Harbour&Tower Station to the Expo stone and the drilling work is scheduled to start
2020 site in Dubai South, and will be made up of by the end of 2016.
11.8km of viaduct and 3.2km of underground
tracks. On October 10, 2016, RTA signed an agreement
with the contractors and Mattar Al Tayer,
The trip from Dubai Marina to Expo 2020 will director-general of RTA said that the consortium
last 16 minutes. is currently undertaking soil analysis and
sourcing NOCs.
Number of trains: 50 to serve Dubai Metro
passengers and Expo 2020 visitors.

The Route 2020 is expected to serve 640


inhabitants and 1000 passengers per hour.

19
20
MALL OF THE WORLD

Developer: Dubai Holding

Size:48 million sq. ft.(According to the original


plan who has been changed but It isn’t clear yet
whether the project will be downsized).

Cost: The original plan was going to cost Dh25


billion but the new cost announced Id about
DH80 billion.

Location: Was initially planned to be built in


Mohammed Bin Rashid City but in July 2014
Dubai Holding changed the location to Al Sufouh The development has been reworked because
district along Sheikh Zayed Road. The main investors are looking for rational projects and
reason for the change of the location is that it the new plans are made up of three separate
will allow the project to develop and grow malls, built at different times. The developments
gradually. will likely still includes 9.15 million square feet of
retail space, with street shops and malls. There
Launching time: Was announced in late 2012.
will also be 35 office buildings, and 8,000 homes
Completion time: The first phase is expected to (including luxury apartments, student housing
be accomplished by 2020 and it was confirmed and staff accommodation). Ina addition, in order
in March that the Mall would take 15 years to to avoid the biggest traffic jam in Dubai, there
complete. will be 22 entrances and exits across four roads
into the development. It will also be connected
Description: Was initially planned to be the to the metro, tram, bus and cycling tracks.
biggest mall in the world. The original plan
included 8 million sq. ft. of shopping areas, a It appears that the plans for the area to be
fully air conditioned city, comprising more than the world’s ‘first temperature controlled city
4,500,000 m², areas for theaters, cultural events, have also been scrapped.
medical tourism, about 20,000 hotel rooms, and
The first phase of four phases which will be 8
the largest indoor game park in the world and a
million square feet will be completed by the
7 kilometers of ‘climate-controlled’
time Dubai hosts Expo2020.
covered pedestrian streets.

21
22
Figure 12- The Mall of the World
MUSEUM OF THE FUTURE

Developer: Dubai Government

Value: AED 500 million ($136 million)

Location: Emirates Towers area near Sheikh Zayed Road

Launching time: March 2015

Completion time: 2017

Description: The museum is expected to provide an innovative environment with visitors being able to
experience the future through cutting-edge simulations and interactive demonstrations. It aims to be an
incubator for ideas and real designs, a driver for innovation and a global destination for inventors and
entrepreneurs.

Part of the museum structure will be 3D printed rather than conventionally built.

23
DUBAI FRAME

Developer: Emaar Properties

Size: 6 Km²

Value: AED 160 million (The $43.6 million)

Location: Zabeel Park

Launching time : End of 2013

Completion time: Q4- 2016 (but not opened yet).

Description: Giant structure shaped like a


picture frame: Two 150 m towers 93 m wide,
connected with a 100 m² bridge where ample
room will be available for visitors to take
snapshots of the city’s panoramic view. A cafe
will also be available at the top. The 50-storey
structure frames views of the city will allowing
visitors to see Old Dubai from one side and the
New Dubai skyline from another from its
strategic location in Zabeel Park. Upto 300
mist effects, smells and motion create the
visitors shall be allowed on the viewing deck at a
immersive mood setting of the space.
time
The construction of the project started in 2013.
Dubai Frame is expected to be visited by an
estimated 2 million tourists a year. The project In 2015, it was announced that 75% of the
will be opened to the public by August 2016. The project was completed and that the Frame will
plot area for Dubai Frame is 24,220 sq. metres, open in December 2015.
while the built up area is 10,835 sq. metres. The
Dubai-based Al Rostamani Pegel LLC is the main Later on, Dubai Media Office revealed that the
contractor and the design consultant is Arcadis Frame will open in last quarter of 2016.
(Hyder Consulting).
In October 2016, it was announced that 80% of
One of the main features of the building will be the project was completed.
the Exhibition Hall showcasing facts, photos and
artefacts. The concept reflects a journey The project is still under construction and
through time, starting at the mezzanine level, there’s been no official word on what’s caused
where visitors enter into an immersive the delay in opening.
experience representing the past. Projections,

24
Figure 13Dubai frame on Feb 2017

25
HYPERLOOP TRAIN

Developer: RTA and Hyperloop One Several workshops were held to discuss details
relating to passenger safety, impact of potential
Value: $160 million (Initial budget) obstacles and risks, provisional plans to counter
gravity, and other technical issues.
Size: 150 km (Dubai-Abu Dhabi)
“Following the completion of the provisional
Launching time: 2016
feasibility study, Hyperloop One will submit final
Completion time: 2020 (1st Phase) reports for assessment of deliverables by RTA
experts, and recommendations will be raised to
Description: A Hyperloop train, a hi-tech the steering committee to assess the feasibility
transport system that will link between Dubai of implementing the hyperloop technology,”
and Abu Dhabi and between Dubai between said Mattar Al Tayer, director general and
Dubai and Riyadh with speeds that can reach chairman of RTA.
1,200 km per hour. Once operational, the
passengers will be able to travel from Dubai and The system is still fairly new and has yet to be
Abu Dhabi in less than 12 minutes and between experimented or tested on the ground and its
Dubai and Riyadh in less than 48 minutes. safety certifications have not been issued.

In February 2017, RTA has begun studies to test “So it has been agreed to explore the feasibility
the feasibility of introducing the hyperloop of providing this technology in Dubai in future
technology in the emirate in partnership with without setting a timeline for the time being,”
the US Company Hyperloop One. he added.

Over the past three months, Hyperloop One and The initial phase of Hyperloop One's
the RTA have carried out provisional studies operational test will be carried out inQ1 2017 in
focusing on the suggested routes in Dubai; the the US using a vacuum tube extending 500m.
economic, financial and environmental impact;
Currently, Hyperloop One is planning to hire
the rate of resulting reduced traffic congestion;
dozens of staff in the UAE.
and carbon emissions.

Studies have also been carried out to examine


the standards of issuing safety certificates.

Figure 14 Hyper Loop train- Master Plan

26
MBR SOLAR PARK EXPANSION

Developer: DEWA In June 2016, DEWA announced that the Masdar-


led consortium was the selected bidder for the
Size: 16 square kilometer 800MW third phase of the Mohammed bin Rashid
Al Maktoum Solar Park, to be completed by 2020
Capacity: 200MW CSP
after getting a levelized cost of electricity (LCOE)
Value: AED 50 billion (US$13.6billion) of $2.99 cents per kilowatt hour (kW/h).

Location: Seih Al Dahal, on the Dubai - Al Ain road In January 2017, it was announced that the
construction of the 800 megawatt, MW, phase 3
Launching time: 2016 (Third phase) of the project will start at the end of January
following the award of the engineering,
Completion time: April 2020 (Third phase) procurement, construction and EPC.
Description: Shams 1 is expected to become the The EPC contract agreement has been awarded to
world’s largest concentrated solar power. It is an international consortium led by specialist
based on the independent power producer (IPP) renewable energy contractor Gran Solar of Spain,
model. The 13MW first phase became operational alongside Spanish specialist Acciona and Ghella of
in 2013. The 200MW second phase was Italy. The Expansion will occur in three stages. The
inaugurated in March 20th 2017. first 200MW stage is expected to be completed by
the first half of 2018 and the next 300MW phase is
due the following year, with the final 300MW
tranche to come on.

On Sunday 22 Jan 2017, All qualified bidders were


requested to present proposals for a 200MW
concentrated solar power, CSP, plant, the fourth
phase of the MBR Solar Park.

HH Shaikh Mohammad Bin Rashid Al Maktoum


said that the project will be operational by April
2021.

The total capacity of the Mohammed bin Rashid Al


The project is part of DEWA’s efforts to support Maktoum Solar Park will reach 1,000MW by 2020,
the Dubai Clean Energy Strategy 2050 to increase and 5,000MW by 2030, with total investments of
the share of clean energy in Dubai, reaching a total $13.6bn (AED50bn).
energy output of 7% by 2020, 25% by 2030, and
75% by 2050.

27
BLUE WATER ISLANDS

Developer: Meraas Holding and Van Oord The Island is anticipated to attract more than
Company three million visitors per annum.

Value: AED 6 billion The Stakeholders involved in the development


of Blue Waters are:
Location: A man-made island opposite
to Jumeirah Beach Residence coastline near
Dubai Marina

Launching time:2013

Completion time: 2018

Description: Blue Waters is a mixed use


development comprising demarcated retail,
residential, hospitality and entertainment. It will
feature a bespoke ‘souq’ encircled by a
promenade that will boast alfresco dining
outlets serving a wide variety of cuisine. The Figure 15 Blue Water Islands Master Plan
‘souq’ will host an eclectic mix of retail stores
and a ‘food hall’ offering fresh produce in a Van Oord, the Dutch firm known for its previous
traditional ‘market’ atmosphere. Blue Waters work on Palm Jumeirah is conducting the
will also host a boutique five star hotel and dredging work for Blue Waters.
varied residential options. The design and construction of the Dubai Eye

28
will be by Hyundai Contracting and Starneth would also provide uninterrupted traffic
Engineering. These were the same companies movement from the Island to Dubai and Abu
responsible for constructing the London Eye. Dhabi via the Sheikh Zayed Road.

Al Shafar General Contracting (ASGC) in joint The project would be served by an automated
venture with Kier was awarded the construction personal rapid transit system to lift visitors from
of all residential buildings in Blue Waters. the metro station to the festivities area, a
footbridge would be constructed to link the
On February 13 2013, the project was unveiled
and approved by the ruler of Dubai.

RTA in conjunction with Meraas Holding Group,


has undertaken the project of constructing
Access Bridges to the Blue Waters Island
opposite to JBR, at a cost of AED 475 million. The
project was set for completion in December
2016.

The bridges include two lanes designated for the Figure 16 Blue Water Islands in July 2016
planned Automated Personal Rapid Transit
System to ease the mobility of visitors from and Luxury Island with the waterfront of the JBR, and
to the metro station (Nakheel Harbour& Tower) a teleferic (cable car) would be in place to
on the Sheikh Zayed Road nearby the Island. The shuttle visitors from and to the entertainment
bridges to be constructed would provide free zone.
movement for motorists inbound from Abu
Dhabi on the Sheikh Zayed Road heading Last updates were announced in September
towards Bluewaters Island, and for those 2016, when RTA said that the completion rate of
inbound from Al Khail Road through Qarn Al the bridges project had reached 85%.
Sabkha Street heading towards the Island. It

29
AIN DUBAI

Developer: Meraas Holding and Van Oord


Company

Value: $270 million

Location: Blue Water Island

Launching time: 2013

Completion time: 2018

Description: The project was previously going to


be named Dubai Eye, but, the name was later
changed to Ain Dubai.

Ain Dubai is the main attraction of Blue Water


Islands; It is a 210m-tall observation wheel,
inspired by the 135m-tall London Eye in the UK.
It is expected to be the world’s tallest Ferris
wheel.

Serving as the centrepiece of Water Islands


project, the 210-meter Ferris wheel will offer
views of Dubai’s exotic coastline and iconic
landmarks such as Burj Al Arab, Palm Jumeirah
and Burj Khalifa.

The piazza at the base of the wheel will serve as


an entertainment zone and a unique venue for On July 11, 2016, Merras said that the
private parties, weddings and conferences. It is Construction of Ain Dubai has reached a
planned to mount a large LED screen on the significant milestone.
wheel to create an innovative electronic
platform for broadcasting movies, “The Construction of the project has been made
advertisements, and interactive information. possible with two of the world’s largest cranes,
each boasting a 180-metre-long boom and lifting
The design and construction of the Ain capacity of more than 3,000 tonnes.
Dubai was delegated to Hyundai Contracting
Figure 17 Ain Dubai in June 2016 They were manufactured and assembled in the
UAE and shipped to Bluewaters Island due to
and Starneth Engineering. their size – the spindle has a diameter of 6.25
The construction was due to start back in June metres and is made of steel that is similar to
2013 and be completed sometime during 2015, that used for nuclear power plants.”
but the start date was pushed back to May 2015.

30
UNION OASIS

Developer: RTA On 22 February 2017,The RTA said that the


deadline for pre-qualifying developers and
Size: 37,885 m² potential bidders for the design, construction,
Project value: AED 700 million

Location: Union Square in Deira

Launching time: 2014

Completion time: 2018

Description: Union Oasis, which was formerly a


public park, will consist of five mixed-use towers
featuring residential apartments, green areas,
commercial and retail space.
financing, operation and maintenance of Union
It will be built above Union Square metro station
Oasis had been extended to 28 February 2017.
in Deira. The towers will occupy 14,662 m². They
will be connected at podium level and can The agency also said that it would be offering a
consist of four basements, a ground and minimum revenue guarantee to the winning
mezzanine level, and up to 20 storeys above bidders to encourage more private sector firms
ground. to participate.
Union Oasis is a Transport-oriented Abdul Mohsen Ibrahim Younes, the CEO of the
developments project (TOD) that aims to raise RTA’s rail agency said about this decision: “The
the efficiency and users of mass transit systems step illustrates our keenness to enhance the
through re-planning of districts around the attractiveness & feasibility of the Project, which
metro stations. After its completion; it is boasts of being the first urban Transit Oriented
estimated that car trips to the site will fall by 50 Development undertaken in partnership with
per cent as people will opt to use the metro and the private sector. The project is located in one
other transit options. of Dubai’s busiest districts, and is directly linked
with all mass transit means (metro, buses, taxis
The project will be built under a public-private
and marine transit modes)."
partnership model. The RTA is involved in the
Union Oasis project because the land of the site
of the project happens to belong to RTA.

31
AL MAMZAR BEACH FRONT

Developer: Emaar Properties & Dubai Emaar Properties has revealed that design works
Municipality on Al Mamzar beachfront is presently ongoing.
The whole project is expected to be completed
Size: over 9 million sq. ft. (836.127 m²) in the fourth quarter of 2018.
Value: AED 10 billion ($2.72 billion) Project timeline:
Location: Deira May 2014: Emaar signed a memorandum of
understanding (MoU) with Dubai Municipality.
Launching time: 2014
May 2014: Emaar is now responsible for the
Completion time: 2018
feasibility study of the project.
Description: The development of Al Mamzar
June 2014: Emaar is expected to finish the
Beach allocate 449,650 m² for buildings and
feasibility study in the first quarter of 2015.
facilities that includes 4,000 residential units,
300 hotel rooms, and 250,000 m² of retail December 2014: Tenders for the design contract
outlets, 3.5 km of walking tracks covered with is expected to be released in the first quarter of
plantations, Water park, Fountains, Waterfront 2015.
residence, Recreational facilities and Shopping
centers. March 2015: Emaar has completed the
feasibility study on the project. They are
currently waiting for approval from Dubai
Municipality.

April 2015: Dubai Municipality has approved the


project. Design works are currently underway

Figure 18AL MAMZAR BEACH FRONT

32
Six Flags Dubai

Developer: DXB Entertainments PJSC square feet, the estimated cost of the project is
AED 2.6 billion.
Cost: AED 2.6 billion

Location: Dubai Parks and Resorts, Dubailand

Launching time: 2016

In July 2016, Dubai Parks and Resorts announced


that construction has commenced for Six Flags
Dubai.

Planned to open in late 2019, Six Flags Dubai will


be the fourth theme park at the Dubai Parks and
Resorts destination and will include 27 rides and
attractions for all ages across six themed zones;
Thrillseeker Plaza, Magic Mountain, Fiesta Texas,
Great Escape, Great Adventure, and Great
America. Set over an area of 3.5 million square
feet with an opening day footprint of 2 million

33
JUMEIRAH BAY ISLAND

Developer: Meraas Development renowned skyline including the tallest building in


the world
Size: This 6.3 million Sq. ft. (in which 2.5 million
Sq. ft. already exist when it was launched I in At first, it was f called “Island 2” then the name
2012.) changed to Jumana Island later on in the same
year 2013. Meraas Development contracted Van
Value: 100 million € (Only land) Oord to build the island at a cost of 100 million
Euro.
Location: is off the coast of Dubai, close to the
old Jumeirah Beach Club. Work on the project has started in the February
2013 and completion was scheduled for the end
Launching time: February 2013
of 2013.
Completion time: 2017

Description: Jumeira Bay is a six million sq. ft.


mixed-use island sculpted in the shape of a
titanic seahorse riding the arcs of sand and rock.
The island can be directly accessed via a 300
meter bridge that has been provided for
residents and visitors.

The island will house a very elite high end


boutique resort along with low rise apartment
buildings and a marina. It is planned be the
home for few exclusive home owners who will Figure 20 Jumeirah Bay Islan on the Map
have the luxury of being on their private beach
The name of the project changed again to
with great views out to sea or to Dubai's world
“Jumeirah Bay Island”.

In 2014 Meraas announced the development of


the Bulgari Resort and Residences in partnership
with the Italian Bulgari brand in Jumeirah Bay
Island.

Designed by Italian architectural firm, Antonio


Citterio Patricia Viel and Partners, the Bulgari
Resort & Residences will comprise 101 rooms
and suites in the main hotel buildings, as well as
20 hotel villas and a full range of luxury hotel
Figure 19Jumeirah By Island-someday facilities.

34
On February 1, 2017, it was announced that the
Bulgari hotels will open in the fourth quarter of
the year followed by a select number of
apartments and mansions built by Meraas. The
six, seven-storey apartment buildings will be
clustered around a marina. There will be 165
apartments and eight penthouses plus 15
mansions. Private sales of the residences have
started, but the property prices have not been
officially announced. The project will also
Figure21 A render of the Bulgari Hotel and encompass a 50-berth marina and a yacht club.
Resort

Figure 22 Jumeirah Bay Island in 2014

Figure 23 Jumeirah Bay Islan in Feb 2016

35
PEARL JUMEIRAH

Developer: Meraas Holding hydrological function of providing a breakwater


for the new Dubai Creek extension Jumeirah
Size: 8.3 million Sq. ft. outlet.
Location: Pearl Jumeirah, Dubai The offshore development had originally been
called East Bay when the project was first
Launching time: 2011
launched years ago and was to be made up of
Description: Pearl Jumeirah Island was originally high rise buildings, but will now be home to
part of the stage 1 plans of Meraas residential villas, a five star hotel and a retail
Development to develop Jumeirah Gardens City, area.
a spectacular mixed community development
The development site is a reclaimed island
project located between Diyafa Street and Al
proposed to be approximately 7,500,000 square
Safa Park in the Al Satwa precinct of Jumeirah.
feet. The main component of the project is a
This project also included a group of 7 man- residential development with a mixture of villa
made islands just off the Jumeirah coastline plots and townhouse plots with an average area
which were planned to be predominantly of 10,000 square feet each and approximately
residential, made up of East Bay – which has 315 smaller townhouse plots.
been re-designated as Pearl Jumeirah Island.
Land in this development will be sold to
The construction of the man-made 75 individual purchasers who will have the
hectare Pearl Jumeriah has been undertaken by opportunity to build their dream homes.
leading property developer. Community facilities and mixed use retail will be
provided to meet the needs of the community,
This is the first island or more precisely a along with the attractively landscaped common
peninsula that shows the proposed eastern arm areas.
of the Dubai Creek extension which was planned
to intersect the entire original Jumeirah Gardens
project area. The islands also had the

36
FACILITIES and AMENITIES in Jumeirah Pearl Island
- Community Park
- Mosques
- Retail Outlets
- Hotel

Figure 24 Pearl Jumeirah in 2016

37

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