Ahmed bin Sulayem at the project site. -Supplied photo
DMCC, the free zone and master developer of Jumeirah Lakes Towers (JLT), has announced that construction work has commenced on a new district spanning 10 million sqft. Called Uptown Dubai, phase 1 of the project will span more than 2 million sqft and work will be underway by the year end.
Ahmed bin Sulayem, executive chairman of DMCC, said: "Uptown Dubai is a world-class smart district unlike anything on the market, innovatively designed to deliver a new beat for business."
Two super-tall towers and a central plaza will anchor the development. This development is likely to create over 10,000 new jobs in Dubai.
Uptown Dubai, formerly known as the Burj2020 District, will include grade A commercial and residential space, more than 200 retail and F&B outlets, approximately 3,000 homes, a central entertainment plaza and luxury hotels.
The district's main podium, 28 metres above ground, features a two-level central plaza that will be larger than New York Times Square, connected to a mall below.
Uptown Dubai is located close to JLT. Residential properties will be available for off-plan sales in the first quarter of 2018. - business@khaleejtimes.com
Published: Mon 25 Sep 2017, 9:48 PM
Updated: Tue 26 Sep 2017, 12:08 AM
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