Meydan One ... star attraction at Cityscape Global.
Meydan showcases landmark Dubai projects
DUBAI, September 10, 2015
Leading developer Meydan City Corporation showcased two of its major real estate projects at the Cityscape Global property event expo in Dubai, UAE.
The star attraction on the interactive 792-sq-m stand was Meydan One, a 3,671,000-sq-m leisure, residential and hospitality destination, said the report in Saudi Gazette.
Meydan One, which according to the developer is set to become Dubai’s Number One destination when the first phase opens in 2020, will accommodate more than 78,000 residents and feature the 711-m tall Dubai One Tower, Meydan One Mall, a Civic Plaza with dancing water features, a 4-km canal and a 100-berth marina.
Set to break at least seven world records, Meydan One has already earned high levels of international interest, and the large-scale model of the development drew thousands of visitors and potential investors to the Meydan stand at Cityscape Global, the report said.
Progress on Meydan’s Dubai Water Canal development, a joint venture project with the Roads and Transport Authority (RTA), Meydan City Corporation and Meraas, was also highlighted at the expo, the report stated.
The canal, which runs 2.9 km connecting Business Bay to the Arabian Gulf, will include the development of the Crystal Lagoons in Safa Park as well as 8.1 km of waterfront.
With 8.2 million sq ft of open space, the Dubai Water Canal project will feature a 5.7-km boardwalk, 1.1-km natural beach and pedestrian connectivity between Safa Park and Jumeirah Beach Park.
The Crystal Lagoon Towers, situated between Sheikh Zayed Road and Safa Park, play an integral role in the creation of the Dubai Water Canal project.
The two prestigious residential towers, both more than 35 floors high, will feature townhouses with private gardens facing Safa Park on the ground floor, and a mix of one, two and three-bedroom apartments, two-storey Sky Villas and three-storey penthouses. Shared amenities in each tower will include an infinity swimming pool, gym, event space, day care and children’s play area.
Meydan are also providing an update on Horizon, a 180-hectare development located south of the Ras Al Khor Sanctuary. With a gross floor area of 3,660,000 sq m, Horizon is a world-class mixed-use district which will accommodate more than 72,000 residents.
Meydan chairman Saeed Humaid Al Tayer said: “This is a significant year for the Meydan City Corporation and one which I believe will be a landmark phase for us.”
On the new launches, Al Tayer remarked: "The response to the launch of Meydan One has been inspiring, making our presence at Cityscape Global even more important as we continue to communicate the sheer scale of the development to investors and the wider real estate market."
"Furthermore, projects such as Dubai Water Canal and Horizon show the capabilities that Meydan has in conceptualising and delivering a range of quality, mixed-use communities which help to turn the ambitions of Dubai into a reality," he added.