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Tuesday, November 10 - 2009

Dubai World Central hands over first residential plots private developers commence construction

  • United Arab Emirates: Saturday, October 04 - 2008 at 10:22
  • PRESS RELEASE

Dubai World Central (DWC), the 140-square kilometre, multi-phase urban land development centred around the world's largest airport, DWC-Al Maktoum International Airport, has handed over the first plots of land to private developers to commence construction on their respective projects.

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  • The DWC stand at Cityscape Dubai 2008.
    The DWC stand at Cityscape Dubai 2008.
DWC Residential City, DWC's mid-income housing segment, has generated tremendous interest from developers as evidenced by its successful sale of Phase 1 and 2 of its five-phased development, for a combined 483 plots valued at Dhs8bn.

Abdulla Al Falasi, DWC's Director of Marketing and Corporate Communications, said:
"Since its inception in 2006 under a Royal Decree issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, Dubai World Central has implemented its world-class master-planned development with clockwork precision."


"Apart from the developments at the DWC-Al Maktoum International Airport and related facilities, as well as at the Dubai Logistics City headquarters, the successful completion of the grading of land at DWC's other components has enabled us to hand over these plots to private developers for them to commence construction on their respective projects in accordance and compliance with DWC's regulations, specifications and guidance," added Al Falasi.

DWC Residential City will include a mix of five to ten-storey mid-cost apartment blocks, housing around 250,000 people through five phases and employing around 20,000 more. The commencement of construction means that future residents can look at moving into their apartments by end of next year.

A scale model of DWC Residential City will be displayed at the Dubai World Central 594 square metres stand at Cityscape Dubai 2008 being held at the Dubai International Exhibition and Convention Centre between 6-9 October.

"At Cityscape Dubai 2008, visitors and guests would be given a glimpse of Dubai World Central's complete real estate offerings with major announcements being made this year," concluded Al Falasi.

Dubai World Central, as an urban land project, will be fully operational with all civic amenities across all components between 2015 and 2020.
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Notes and media contacts

About Dubai World Central:

Dubai World Central (DWC) is a 140 square kilometre urban aviation community centred around the world's largest international airport. Currently being built 40 kilometres from the existing Dubai International Airport the project is almost twice the size of Hong Kong Island.

DWC creates a new benchmark in urban planning and destination living designed to support Dubai's aviation, tourism, commercial and logistics requirements until 2050 and beyond, and represents one of the most important developments in the history of the United Arab Emirates.

Eventually home to over 900,000 people, DWC will be true 'city-within-a-city' with all the amenities that make up a world-class residential destination.

DWC, with infrastructure costs estimated at $33bn, comprises six specialized clustered zones: Al Maktoum International Airport, Dubai Logistics City (DLC), DWC Aviation City, DWC Commercial City, DWC Residential City and DWC Golf City.

DWC is endorsed by the Government of Dubai and is chaired by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Aviation City Corporation - Dubai World Central, Government of Dubai.

About Dubai World Central components:

DWC-Al Maktoum International Airport when completed will be the world's biggest passenger and cargo hub, with a capacity of 120 million passengers and more than 12 million tonnes of cargo annually. The airport will have six parallel runways and as many concourses with a 91 metre high control tower that will be an aviation landmark in the Middle East.

Dubai Logistics City (DLC) will be part of the world's first truly integrated multi-modal logistics platform in a single-bonded free zone environment made up of DLC, DWC Aviation City and Jebel Ali Port. It is designed as the region's unchallenged logistics hub catering to some two billion people throughout the Middle East, Indian Sub-continent, Africa and the CIS, all within three-to-four hours flying time from Dubai.

DWC Aviation City will be the region's premier centre of excellence for aviation manufacturing, MRO, aviation support services and consultancy, research and development, training, aviation products and parts and high tech industries. It is a unique concept to establish a complete aviation cluster in one area to cater to the region's aviation growth. It is strategically located to provide clients access to emerging markets as well as servicing the fast growing Middle East market.

DWC Commercial City will be DWC's business and finance hub featuring several hundred high rise towers, ranging from 1 - 45 storeys in height. The city, expected to employ 150,000 people, will also boast 25 hotels ranging from deluxe, through to five-star, four-star and three-star properties.

DWC Residential City will include a mix of five-ten storey mid-cost apartment blocks. Up to 250,000 people are expected to live in this 'city'. A special staff village will house blue-collar workers within high-quality accommodation.

DWC Golf City will feature several golf courses, extensive practice facilities, driving ranges, putting greens, a luxury clubhouse with restaurants and a pro-shop. Over 5,000 freehold homes will surround the courses. The resort will also feature a high-end boutique hotel.

For further information, kindly contact:

Gladson Ronad
PR Account Director
MCS Action FZ LLC
P.O. Box 20970, Dubai Media City, UAE
T +971 4 3902960 (reception)
D +971 4 3671750
F +971 4 3908161

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