Recent Dubai Trends - Read What's Happening in This Majestic City
In case you haven’t noticed, Dubai is making headlines once again, you guessed it; it’s all about the sky high ambition.
After barely recovering from the recession, Dubai’s giddy dream to build surreal structures is high and mighty, and below we will reveal the new superlatives you can expect from this bustling city.
According to expert news, this island development is geared towards reviving Dubai’s property market, and will subsequently boost its tourism numbers.
The Bluewaters Island project is being developed by Meraas Holding – a government owned company that is owned by none other the ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum.
The Ferris wheel alone is set to cost a whopping billion dollars, and will rise 210 meters high and is dubbed the Dubai Eye.
Construction of the Ferris wheel is expected to begin in the 3rd quarter of 2013, and is inspired by the 135m-tall London Eye in the UK. Dredging work has already begun on the Bluewaters Island project, and is being conducted by Van Oord – the same company that helped piece together Palm Jumeirah.
The construction of the Ferris wheel Dubai Eye will be entrusted to the same company that built the London Eye - Starneth Engineering and Hyundai Contracting. Once complete, the Bluewaters Island will connect through a monorail with the Dubai Metro, a link to the busy Sheikh Zayed Rd, a pedestrian bridge and a cable car to the Jumeirah Beach residence.
Taj Mahal Replica: The Taj Mahal is a UNESCO World Heritage site and appears in many listings of the Seven Wonders of the World. Located in India, it was built by a Mughal Emperor in memory of his wife. The Taj Mahal combines the elements of Indian and Persian Architectural styles and the finest example of Mughal architecture.
The Taj Arabia Complex is Dubai latest footprint in the world of fascinating architecture and will cost an astounding $1 billion.
Mohammad Bin Rashid City: The Ruler just doesn’t know when to stop, and his latest offering is a multimillion dollar project named after himself. This new project is set to be the biggest joint venture in the region and will involve Emaar Properties and Dubai Holding. The specifics of the project are yet to be confirmed, but news is that it will include the world’s largest shopping mall, a park that’s 30% bigger than the Hyde Park in London and a Universal family theme park.
The project will be divided further into 4 key components that when combined, will feature the best in world class leisure facilities. The first component will be geared towards families and will feature a theme park that alone will attract 40 million visitors annually. Of course no project in Dubai is complete without a hotel facility and this slice will include one combined with a family entertainment hub by Universal Studious.
The second component will be geared towards retail offerings and will host the biggest mall of the world dubbed as the Mall of the World. Dubai already boasts the largest mall in the world at the moment – The Dubai Mall built by Emaar. The third component of this expanse will be dedicated to art galleries and the last for new entrepreneurship facilities in the region. Located between Shaikh Zayed Road and Emirates Road, this mini city will also include residential developments built in accordance with green building standards.
Dubai Adventure Studios: Dubai Adventure Studios is a combination of 5 theme parks developed by Meeras and valued at USD 2.7 billion. The entire project is proposed to be complete in late 2014, and will include popular Hollywood brands, rides and attractions and an exclusive Bollywood Park.
There’s more! The project will also feature an exclusive children’s theme park designed for toddlers, primary and preschool children, and a night safari.
Dubailand: Dubailand is a massive project and one of the biggest projects in the Emirates that is being built by Dubai Holding. Total cost for the project is estimated at a mere $65 billion, and will span across 107 sq mi and include 45 major projects.
To be more realistic, it will be twice the size of Walt Disney Theme Resort and will be the largest cluster of theme parks in the world. However, of all the theme parks in Dubailand, not a single one will be larger than Disney’s Animal Kingdom at the Walt Disney Resort. Although there are six attractions open in Dubailand, the entire project is far from completion.
Dubai is a thriving metropolis and is definitely back on its way to become an iconic monument in the world. What recession are you talking about ?
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