Completion expected in the first quarter of 2021
DP World, the Dubai-based global provider of smart logistics solutions, today announced the overall completion of 70% of the $38 million road and infrastructure works within Phase I of the residential and commercial development at Dubai Maritime City.
The completion is expected in the first quarter of 2021. It will provide DMC with an efficient and sustainable infrastructure to support a modern business community, and enable the vision of sub-developers.
The development consolidates DMC’s status as a leading maritime services provider. The significant achievement to date in the Phase I of DMC’s residential and commercial development relates to the completion of all underground services on Sheikh Rashid Road, one of the project’s main arteries.
Additional features completed in this area also include road infrastructure, illumination and other elements.
Sultan Ahmed Bin Sulayem, DP World Group Chairman and CEO, said: “The completion of 70% of Phase I of the residential and commercial development as scheduled is a source of pride for all of those who have worked on this important project at Dubai Maritime City.
"Teams have been able to execute their tasks in a timely manner despite the unprecedented challenges associated with COVID-19 restrictions and precautions.
“The efforts made on the project have assured the overall Phase I completion by Q1, 2021, delivering all major and minor infrastructure expected from a modern and sustainable community which will provide users and sub-developers with the optimal environment and lifestyle."
Dubai Maritime City, the world’s first purpose-build maritime centre, is a man-made peninsula. While its primary focus is corporate maritime, this exceptional mixed-use environment covers every aspect of industrial, commercial and leisure requirements for the maritime fraternity.
Its sea-based location offers easy access to thriving businesses and stunning views of Dubai’s coastline and the harbour.
The multi-purpose maritime Cluster will create a unique environment for the global maritime community.
The Infrastructure Phase 1 integrate DMC with the Mina Rashid area (P & O Marinas) that includes Marina views, Marina Cubes, Marinas, and other commercial and residential facilities.
There are other phases that will follow: Phase II for the Industrial Precinct (in 2023) and Phase III and Phase IV for the Commercial Precinct.