Dubai developers surf the Creek side
02 June, 2016
Dubai’s developers are inching closer to the expanding waterfront to derive maximum benefits for their lifestyle-themed projects. Mix the water element with the right retail and residential settings and the “liveable” factor gets an immediate spike, according to a top official at Dubai Properties. Just weeks after launching the AED1 billion Marasi Business Bay, with its 12-kilometre waterside promenade, the master-developer is throwing the full spotlight on the six-kilometre stretch that will anchor the retail offerings at Culture Village. (The master-development is also the location of the signature Palazzo Versace hotel and residences as well as D1 Tower.) In fact, the original stretch of Dubai Creek is being reworked to meet today’s requirements. Meraas Properties, another Dubai Government-owned developer, is completely redoing a stretch on the water’s edge in the Consulate area of Bur Dubai and turning it into an upmarket tourist and entertainment attraction.