Dubai Waterfront update: Nakheel undertakes world's biggest land reclamation project (page 2 of 2)

The company is also developing an area called Omran, which will house 60,000 workers. In 238 hectares of land, and due for completion in 2010, Joyce said by housing labourers so close to their work, it reduces travel time and it aims to improve their living conditions.

Nakheel argues the development will create employment in Dubai even before it is completed. Joyce said for every person employed during its construction, it creates four associated jobs. Once completed, for each person in the area, it will create seven jobs.

With around one million jobs expected to be created in the Jebel Ali Free Zone, the new Al-Maktoum Airport, Dubai Industrial City and the Technology Park over the next five years, Joyce said those people need somewhere to live, and all are close to Waterfront.

Joyce said the development is aimed at mixed income levels, because people need to live in the area for it to function for residents. 'We're careful to design product that we know will sell to the middle and lower market, where there is massive demand,' said Joyce. 'We are not building real estate we are building communities for people to live in.'

See also:
Waterfront adds 70km to Dubai's coastline
Modern iconic landmarks in the Middle East
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