Dubai’s Emaar unveils $6.8bn community near Mina Rashid port

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Dubai real estate developer Emaar Properties has launched a $6.8bn leisure and residential scheme, as well as ‘The Dubai Mall by the Sea’, at Mina Rashid – the home of Queen Elizabeth 2 (QE2) that is also known as Port Rashid – near Bur Dubai, Deira, and Dubai Creek in a bid to catalyse cruise tourism in the UAE emirate.

The Mina Rashid development by Emaar will feature 430 berths, which the developer said can cater to the world’s largest yachts.

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Other features include ‘The Dubai Mall by the Sea’, a waterfront retail, dining, and leisure hub a floating yacht club a 1.26ha sandy beach and Dubai’s longest swimming pool.

Hotels, a private beach club, interconnected parks, a 500m-long palm tree-fringed canal, art galleries, a theatre, and a museum will also be developed within the project.

Source: www.constructionweekonline.com