DUBAILAND™,
a member of Tatweer, announced today Dubai Municipality has
approved 16 master plans for projects at the world’s
most ambitious family entertainment destination.
DUBAILAND™ has consistently taken follow up measures to
ensure projects are executed and delivered on time.
Mohammed Al Habbai, CEO of DUBAILAND™, said: “Projects
of this magnitude add a new dimension to DUBAILAND™, demonstrate
the destination’s attractive elements.,Although the
projects are massive, investors are strictly adhering to
international standards and guidelines, set by DUBAILAND™.
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“The approval of 16 master plans by Dubai Municipality
has taken DUBAILAND™ forward and will critically help to
bring additional investors to this key entertainment
and leisure destination.”
DUBAILAND™ projects under development include Dubai Heritage
Vision launched in 2006 and Dubai Outlet City- to be launched
in Q2 of 2007.
Dubai Sport City, Motor City, Falcon City of Wonders and
Al Barrari are other projects that are under construction
or in the early stages development.
Polo,
City of Arabia and Al Kaheel are other projects that are
in the initial stages of execution and infrastructure works
are set to commence.
These projects are coming up at the most opportune time
in the region. A recent PricewaterhouseCoopers (PWC) Global
Entertainment and Media Outlook report predicts attendance
at parks in Europe, the Middle East and Africa will grow
from 131 million visitors in 2004 to 147 million in 2009,
a 12 per cent increase.
“Such industry estimates indicate promising potential
for the leisure and entertainment sector in the region.
The pioneering projects planned at DUBAILAND™ will position
the region, and especially Dubai as a leading entertainment
destination,” said Al Habbai.
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The three billion square feet DUBAILAND™ will be situated
alongside the Emirates Road. It will include the 'The Restless
Planet’, a dinosaur theme park being developed in
cooperation with the Natural History Museum in the UK; a
Sports City, featuring large state-of-the-art stadiums;
the Great Dubai Wheel; the Islamic Culture; The Global Village;
Dubai Heritage Vision and Science World; the Mall of Arabia,
set to become one of the largest shopping centres in the
world, and several other attractions catering to the entire
family.
