Emaar Properties has announced that it will develop about 10 million sq ft of waterfront residences and a new hotel project at Dubai Harbour, which was launched earlier this year by ruler Sheikh Mohammed bin Rashid Al Maktoum.
Emaar said its residences and hotel development will have a waterfront location in Dubai Harbour, between the Jumeirah Beach Residences and The Palm Jumeirah.
Emaar’s hospitality project will be operated by its Address Hotels + Resorts and will include branded residences, it added.
Mohamed Alabbar, chairman of Emaar Properties, said: “Developing our share of land in Dubai Harbour, an iconic luxury waterfront destination, to create world-class residences and hospitality projects will add to our portfolio of prime developments in spectacular locations in Dubai.”
Dubai Harbour will feature an advanced multi-modal transport infrastructure comprising an excellent road network in addition to air and sea connectivity. There will also be a futuristic public transport system, water stations, pedestrian bridge, jogging and cycling tracks.
It will also feature Dubai Lighthouse, a 135-metre-high tower that will have an observation deck offering 360 degree views.
Among other features of Dubai Harbour are a 1,100-berth marina, a cruise ship port and two terminals, a shopping mall of 875,000 sq ft, an events arena, and food and beverage concepts.