Emaar Properties announced that it is preparing to unveil what it describes as its most ambitious masterplan to date — a AED 200 billion development in the heart of Dubai designed to accommodate nearly 150,000 residents.
According to the company, the project will be one of the largest master-planned developments ever conceived, featuring a total built-up area exceeding 4.5 million square metres and a fully self-sustaining urban ecosystem.
Key highlights:
• Total development value of AED 200 billion
• More than 4.5 million sqm of built-up area
• Planned population of approximately 150,000 residents
• One of Dubai’s largest master-planned communities
• Designed as a fully self-sustaining “city within a city”
• Five distinct lifestyle and character zones
The development is expected to include:
• Landmark residential towers
• Luxury villas and mansions
• Grade-A office space
• Retail destinations
• Hospitality assets
• Cultural and civic amenities
According to Emaar, the community will be built around the principles of the “20-minute city”, where residents can access schools, healthcare facilities, retail outlets, mosques and leisure amenities within walking distance. The project will also feature proposed metro connectivity, smart mobility solutions, EV-friendly infrastructure and digitally integrated community services.
A major focus of the development will be nature and wellness, with plans including:
• Swimmable community lagoons
• Lakes and water features
• District parks
• Cycling and walking networks
• Sports courts and outdoor wellness zones
• Beach areas and cultural spaces
The masterplan will be structured across five zones:
• Business Hub
• Urban District
• Young Families Cluster
• Family Living Zone
• Exclusive Villa Enclave
Mohamed Alabbar, Founder of Emaar Properties, described the project as the company’s most ambitious development yet and said it reflects confidence in the future growth of Dubai and the UAE.
Emaar stated that the full unveiling of the landmark development is expected shortly.
Source: Dubai Financial Market (DFM) Disclosure / Emaar Properties
Disclaimer: This post is for informational purposes only and should not be considered investment or financial advice.