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Dubai unveils £54 billion 'new city'

Catherine Deshayes

A developer owned by the Dubai Government is to build a 'new city' in the emirate at a projected cost of £54 billion....

The mixed-use Jumeira Gardens development will be 'an integrated city within a city', to be built over 12 years, Meraas Development announced at the investment show Cityscape.

The development will be built out over 12 years, across an area north of Sheikh Zayed Road between Diyafa Street and Safa Park. There will be several major parks and a large canal will run through the heart of the development and will flow, at one end, into the Business Bay Canal and at the other end, out to the sea.

The development will also have a number of high rise towers, including 1 Dubai, set to be one of the tallest and largest buildings in the world.

Source: AME Info