Thursday 2 May 2019

#Dubai's Emaar and P&O Marinas announce $6.8bln Mina Rashid project | ZAWYA MENA Edition

Dubai's Emaar and P&O Marinas announce $6.8bln Mina Rashid project | ZAWYA MENA Edition:

Emaar Properties and P&O Marinas, a division of Dubai ports operator DP World, have announced plans for a 25 billion United Arab Emirates dirhams ($6.8 billion) redevelopment of the area around the city's Mina Rashid Port. 

The area, whose primary current use is to receive cruise liners, will be redeveloped to include a major new mall, hotels, a floating yacht club, a private beach resort, and a beach area of 12,600 square metres, a press release issued by Emaar Properties on Wednesday said.

DP World is providing land for the project, which will be developed by Emaar Properties.

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