Emaar Middle East makes AED12 billion debut in Umm Al Quwain with marina development
The Marina, which will transform the emirate and property market, is planned to cover more than 1,488 acres and is scheduled for completion within seven years. His Highness
Sheikh Abdullah Bin Rashed Al Mualla, Umm Al Quwain Deputy Ruler and Mr. Mohamed Ali Alabbar, Chairman, signed the joint venture agreement (JVA) earlier today on behalf of
the government of Umm Al Quwain and Emaar respectively.
His Highness Sheikh Abdullah said: “Umm Al Quwain has great potential to be a major player in the real estate market. It is with the support of developers like Emaar
that the emirate can take advantage of its natural attributes and create world class destinations like Umm Al Quwain Marina.”
“There is huge potential in the UAE, much of which remains untapped. Dubai, inspired by HH General Sheikh Mohammed Bin Rashid Al Maktoum, has shown how much can be achieved,”
said Mr. Alabbar.
He added: “Umm Al Quwain, an unspoiled haven of natural beauty, offers immense possibilities and Emaar is poised to augment this, courtesy of the vision and commitment
of the rulers of the emirate.”
The real estate is located on the shore of Khor al-Beidah, a vast wildlife area. The basin of the Khor contains one of the most extensive tidal sand bank areas and mature mangrove
forests in the Gulf region.
The masterplan for the huge multi-billion dollar project has been finalised and tendering, infrastructure engineering and project management are expected to begin shortly.
The project can expect a huge boost from completion of the Emirates ring road and an interchange leading to Umm Al Quwain. These two events alone will transform access to the
site and Dubai, for example, will be no more than 30 minutes away.
The residential development planned for the site will target the local and international markets and will appeal to permanent residents and tourist visitors alike – whether
it is for a weekend getaway or a relaxing waterfront holiday.
The masterplan blueprint would see 2,600 residential villas and 6,500 apartments – the vast majority either waterfront or beach front created on the site. Some of the
villas with waterfront views will be built on a large island with gated access and a series of smaller private islands will offer luxury waterfront villas. An additional 1,200
resort and hotel rooms are planned as well as parks and recreational areas, retail facilities, schools and community centres.
Mr. Alabbar said: “Our aim is to create a community of special neighbourhoods bordering an open stretch of water with views of the marina against a backdrop of the Arabian
Gulf. The shoreline has been shaped to maximize the opportunity for waterfront development and recreation.
“It is a little piece of the Mediterranean transported to the UAE; a small beach town with a picturesque and active centre that will offer shopping, entertainment and
opportunities to socialise.”
Umm Al-Quwain Marina … Mother Nature Magic
• Charming Nature:
• Huge Investments:
Moreover, the project comprises 1200 hotel rooms, as well as parks, recreational areas, retail facilities, schools and community centers. Additional villas are expected to
be built on a big island that can be accessed through a special portal in addition to another number of villas that will be built on a small and private archipelago.
• Project Goals:
Developed as part of an agreement with the UAQ Government, Umm Al Quwain Marina will encompass 6,000 villas and 2,000 townhouses. The total navigable water area, including
marina and a set of canals, at Umm Al Quwain Marina is about 450 acres. The project will also host many retail and leisure facilities including indoor gyms, tennis courts and
swimming pools. Some 1,200 resort- and hotel-rooms are also being planned.
With 23 km of waterfront, Umm Al Quwain Marina has its heart a central marina basin of 450 metres diameter, big enough to berth over 600 boats. Extensive landscaping will offer
pedestrians access to waterfront recreation centers, retail outlets and other amenities.
Umm Al Quwain Marina can be easily accessed from Dubai through the Emirates Ring Road and will offer attractive home options for UAE residents as well as overseas investors.
