The Dubai Properties Group company declared that the first stage of the large-scale Marasi Business Bay project will be handed over according to the schedule, in the 4th quarter 2017.
The Dubai Properties Group (DPG) company, declared that its sign Marasi Business Bay project in Dubai is implemented according to the schedule and will be complete by 2023. The first stage will be handed over in the 4th quarter 2017.
Within Marasi Business Bay, Business Bay Embankment and pier for yachts will turn into one of the main symbols of the emirate. The project located along Vodokanal of Dubai will become a synonym of all of the best that can offer Dubai as international tourist and business center in anticipation of World Expo-2020.
Marasi Business Bay will be provided by three thematic zones: The Marina, The Park and The Pier. The first stage includes objects of the first and second zone.
Abdullah M. Lakhedzh, the CEO of Dubai Properties Group (DPG), told: "Marasi Business Bay will send inhabitants and guests of Dubai to the travel filled with opening on the new world of life on the embankment, unprecedented in the UAE earlier. According to vision on the future of the country by 2021 and further, this new floating housing will play a key role in support of government plans on increase in the cult status of Dubai as city, the fourth on attendance, in the world by means of revival of historical Dubai Creek and stimulation of tourist activity around Business Bay."
Within the first stage of Marina in the UAE there will be first-ever "floating houses" which are under construction on water with overland and boat access. Thereby they create the unique, new offer in the market of the residential real estate in the emirate. Each of three - and four-room houses will be equipped with own garden, the pool and mooring. Objects are in a stage of a construction and already involved to themselves huge interest from outside of investors and residents.
Marasi Business Bay will be the cause of emergence in Dubai of interesting city elements, including the longest embankment in the emirate nearly 12 kilometers long, 1250 moorings, more than 100 floating pavilions of retail trade and restaurants.
"The unique concept of the area and an arrangement in the center [Dubai] Creek will become the main argument for the leading regional and international retail brands and restaurants wishing to become a part of this unknown coastal project. In new undertaking of DPG keeps the responsibility to our partners in the sphere of retail trade and restaurant activities, providing for them the place, best in the class, in Dubai for a commercial real estate" — I told Lakhedzh.
The Park which is also queue part one consists of 16 parks with fountains, playgrounds, open movie theater, the markets, the area and some other the objects occupying in total the space in 50 thousand sq.m. The huge green zone will be created for the purpose of encouragement of active and healthy family pastime.
Marasi Business Bay, being at distance of 550 meters from the center of Dubai, will have access to the main transport arteries of the city — Sheikh Zayed Road and Al Khail Road.




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