Emaar set to unveil AED 200 billion Dubai mega-development

www.emaar.com

Emaar Properties has announced plans to unveil a major new master development in Dubai, described as its most ambitious project yet.

The development will have an estimated value of AED 200 billion and cover more than 4.5 million square metres.

It is expected to accommodate around 150,000 residents and will include residential towers, villas, office space, retail outlets, hotels, and cultural and community facilities.

According to Emaar, the project is designed as a self-contained urban district with schools, healthcare facilities, parks and public amenities all within easy reach.

It will also feature smart technology, sustainable transport options and proposed metro connectivity, structured around the principles of the 20-minute city.

The masterplan includes five distinct neighbourhood zones, ranging from business and urban districts to family-focused communities and luxury villa areas.

Emaar founder Mohamed Alabbar said the development reflects the company's confidence in Dubai's future growth and its ambition to create a new landmark destination for the city.

Further details of the project are expected to be announced soon.

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