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Real estate offerings to explain project progress

DWC to have significant presence at Cityscape Abu Dhabi 2009

Under the backdrop of the global slowdown on real estate investment and development regionally and internationally, Dubai World Central (DWC) – the 140-square kilometre, multi-phase urban land development centred around the world’s largest airport, DWC-Al Maktoum International Airport, will have a significant presence at Cityscape Abu Dhabi 2009 to push through its real estate offerings which does not allow for any letup in its original master plan of creating a unique urban-aviation development concept.

To be held on April 19-22, 2009 at Hall 5 of the Abu Dhabi National Exhibition Centre (ADNEC), DWC will have a 300-square metre stand at the event which will highlight its real estate components such as DWC Residential City, DWC Commercial City and DWC Golf City. At the same time, DWC staff will be on hand to provide all the necessary information and respond to inquiries from Cityscape Abu Dhabi 2009 participants.

DWC Real Estate is and has been unrelenting in their pursuit of quality real estate development projects within the entire Dubai World Central concept as envisioned by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.

Events like Cityscape Abu Dhabi are important, especially during these times, in order to highlight to the market that contrary to some reports, a lot of real estate projects are continuing as planned.  Such events are vital in order to lift up the otherwise gloomy real estate market sentiment and provide the necessary focus for investors and buyers that it is still business as usual for quite a number of real estate developers, specifically DWC Real Estate.

DWC Residential City is DWC’s mid-income housing segment that has generated tremendous interest from developers as evidenced by its successful sale of Phase 1 and 2 of its five-phased development. Once completed, an estimated 250,000 people are expected to live in this city, aside from approximately 20,000 that would be employed within the project.

On the other hand, DWC Commercial City will be DWC’s business and financial hub that will feature several hundreds of towers ranging from 1-45 storeys in height. An estimated 150,000 people are expected to work within this city that will have a total population of 450,000. This project will also boast of 25 hotels ranging from deluxe, through to five-star, four-star and three-star properties. In addition, DWC Commercial City will have a mix of sport and leisure clubs, lakeside environments, retail destinations, showrooms, a water-edged destination, luxury fashion boutiques, a hub for creative and media industries, finance and banking hub, lots of open public spaces and several parks.

The third component under DWC Real Estate is DWC Golf City which will have five golf courses featuring a total of 72 holes, extensive practice facilities, driving ranges, putting greens, a luxury clubhouse with restaurants and a pro-shop. In addition, it will have over 25,000 freehold units that will surround the courses, and a resort that will feature a high-end boutique hotel. An estimated 20,000 people will work here and close to 150,000 are expected to live in this high-end city.

Dubai World Central, as an urban land project, will be fully operational with all civic amenities across all components between 2015 and 2020.

Dubai World Central

Dubai World Central (DWC) is a 140 square kilometre urban aviation community centred around the world’s largest international airport. Currently being built 40 kilometres from the existing Dubai International Airport the project is almost twice the size of Hong Kong Island.

DWC creates a new benchmark in urban planning and destination living designed to support Dubai’s aviation, tourism, commercial and logistics requirements until 2050 and beyond, and represents one of the most important developments in the history of the United Arab Emirates.

Eventually home to over 900,000 people, DWC will be true ‘city-within-a-city’ with all the amenities that make up a world-class residential destination.

DWC, with infrastructure costs estimated at US $33 billion, comprises six specialized clustered zones: Al Maktoum International Airport, Dubai Logistics City (DLC), DWC Aviation City, DWC Commercial City, DWC Residential City and DWC Golf City.

DWC is endorsed by the Government of Dubai and is chaired by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Aviation City Corporation – Dubai World Central, Government of Dubai.

Dubai World Central components

DWC-Al Maktoum International Airport when completed will be the world’s biggest passenger and cargo hub, with a capacity of 120 million passengers and more than 12 million tonnes of cargo annually. The airport will have six parallel runways and as many concourses with a 91 metre high control tower that will be an aviation landmark in the Middle East.

Dubai Logistics City (DLC) will be part of the world’s first truly integrated multi-modal logistics platform in a single-bonded free zone environment made up of DLC, DWC Aviation City and Jebel Ali Port. It is designed as the region’s unchallenged logistics hub catering to some two billion people throughout the Middle East, Indian Sub-continent, Africa and the CIS, all within three-to-four hours flying time from Dubai.

DWC Aviation City will be the region’s premier centre of excellence for aviation manufacturing, MRO, aviation support services and consultancy, research and development, training, aviation products and parts and high tech industries. It is a unique concept to establish a complete aviation cluster in one area to cater to the region’s aviation growth. It is strategically located to provide clients access to emerging markets as well as servicing the fast growing Middle East market.

DWC Commercial City will be DWC’s business and finance hub featuring several hundred high rise towers, ranging from 1 – 45 storeys in height. The city, expected to employ 150,000 people, will also boast 25 hotels ranging from deluxe, through to five-star, four-star and three-star properties.

DWC Residential City will include a mix of five-ten storey mid-cost apartment blocks. Up to 250,000 people are expected to live in this ‘city’. A special staff village will house blue-collar workers within high-quality accommodation.

DWC Golf City will feature several golf courses, extensive practice facilities, driving ranges, putting greens, a luxury clubhouse with restaurants and a pro-shop. Over 5,000 freehold homes will surround the courses. The resort will also feature a high-end boutique hotel.

Co-Founder & Managing Director - Travel Media Applications | Website | + Posts

Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.

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