MotorCity speed up construction with milestone 'Topping Out Ceremony' for the UPTOWN component

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About MotorCity

MotorCity, is a development based on a unique automobile and motor sport theme that includes residential, business, sports and leisure opportunities. MotorCity is in fact 'a city within a city' with five project components over a land of approximately 38,000,000 sq.ft., located on Emirates Road.
MotorCity Project Components:

1. Business Park MotorCity - offers numerous investment and development opportunities for companies directly and indirectly related to the automotive and motor sport industries. This component of MotorCity will also feature the Automall complex that will include three major buildings connected to each other; a 3 storey showroom, Control Tower - a 38 storey office building and a hotel. The Business Park MotorCity is divided into 3 main districts: The Retail Commercial District, the Auto Commercial District and the Applied Technologies district.

2. Dubai Autodrome - Already operational, the facility features a 5.39 km FIA certified track with supporting services (pit garages, grandstand, race administration, medical centres, etc.). The Dubai

Autodrome also includes a kartdrome and a race school. A host of businesses use the track year round for events such as product launches, corporate events and concerts, to name a few.

3. F1-X is a Formula One themed leisure destination with something for the whole family. It is part of the MotorCity development in Dubailand that includes five project components: F1-X, Dubai Autodrome, Business Park MotorCity, UPTOWN MotorCity, and Green Community MotorCity. F1-X will cost $460m to build, over an area of 254000 square metres, and is expected to attract well over 1 million visitors in the first year, with plans plans to roll-out globally already underway. F1-X will open its door to the public in early 2009.

4. Green Community MotorCity - Aims to provide a way of life within a working and living secure community which encompasses landscaped gardens, water features, stone streets and walkways in a relatively traffic free environment. It is a family home development that includes luxury villas, family villas, townhouses, and bungalows. In addition, Green Community MotorCity will feature luxurious terraced apartments overlooking a lake. This brand development prides itself on its modern and beautiful surroundings with natural greenery being the key to peace and tranquillity. The development will be gated and will offer retail opportunities and recreation centres. Construction is due for completion and handover in 2009.

5. UPTOWN MotorCity - An apartment development that will provide recreational areas and other community amenities such as parks and schools. The residential units will include a mix of studio, one, two and three bedroom apartments with exclusive 4 bedrooms townhouses in the crescent area. Construction is due for completion and handover in 2009.