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Emaar Middle East makes AED12 billion debut in Umm Al Quwain with marina development
Emaar Middle East (EME) today signed an agreement with the government of Umm Al Quwain to create Umm Al Quwain Marina a vast masterplanned waterfront community offering more
than 9,000 homes. The gross development value of the project is estimated at AED12 billion (US$3.3 billion).
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
The coastal cities are considered among the world’s most beautiful and glamorous due to the captivating nature God has granted them. Moreover, investment in these cities
is one of the most growing sectors and most attracting to the world’s attention especially when it comes to a residential project in a city as beautiful and glamorous
as Umm Al-Quwain … This is “Umm Al-Quwain Marina” one of the biggest coastal projects in the Emirates.
• Charming Nature:
Al-Oula Development Company represented by Emaar Middle East has aimed at investing the huge growth opportunities that Umm Al-Quwain possesses and that were provided by the
components and topographic relief of the charming nature especially the banks of Khor al-Beidah on which the project will be built and that add a taste of natural wildlife
to the project and the life there, whereas these beaches are considered among the widest sand banks that overlook a wide forest of mesquite trees.
• Huge Investments:
Umm Al-Quwain marina is considered one of the biggest real estate projects in the emirate and is scheduled for completion within seven years on an area of 1488 acres with total
investments of 12 billion dirhams. The project comprises 9 thousand residential units divided into 2600 residential villas and 6500 apartments the majority of which overlook
waterfronts, in addition to 1900 marinas for boats and private yachts and private beach clubs one of which is for yachts.
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:
The project aims at building private residential complexes that go along an open stretch of water. The beach has been designed in a way that it creates more opportunities to
establish other projects and resorts overlooking the waterfront. Upon completion, this project will look as little piece of a Mediterranean city transported to the UAE and
took the form of small coastal cities where the possession will be according to the local rules and regulations in order to attract the investors from the local and global
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.