Dubai Properties has announced the commencement of work on the new Marasi Business Bay marina. The installation of the pontoons, which marked the occasion, took place in the presence of Abdulla Lahej, Group CEO of Dubai Properties at the Marasi Business Bay Promenade. Launched by Dubai Holding and Dubai Properties Group in May 2016, the Marasi Business Bay is well on track to becoming the city’s most sought-after waterfront destination. It features unique water homes with pools and floating restaurants and is located along the city’s newest attraction: the Dubai Water Canal. Marasi Business Bay hosts the Park, the Pier and the Marina that will eventually comprise 800 berths in total, making it the region’s first yachting hub. Set for completion in Q3 2017, the first phase of the marina will feature 157 berths, varying in size from 8 metres to 35 metres, that are fitted with all essential facilities for boat owners, including portable water, power supply and drainage and sewage.
Read More »Dubai unveils Marasi Business Bay
Dubai Holding, through its real estate arm “Dubai Properties Group” unveiled “Marasi Business Bay,” a new waterfront destination, its largest development along the creek within Business Bay. The development embraces the longest promenade in the Emirates, spanning 12 kilometers, water homes, floating restaurants, retail options and five palm tree-lined marinas. Located on the Dubai Canal Project, Marasi Business Bay is set to become a major future landmark in Dubai – an unprecedented unique waterside destination concept in the UAE and the Middle East. Marasi Business Bay features the region’s first purpose-built yachting destination with floating restaurants and cafes, alongside onshore boutique shopping and a range of leisure and entertainment facilities. The development’s residential units, which are to be built on water with boat access, provide unparalleled direct canal views and create a unique new living proposition for the real estate market in Dubai. H.E. Mohammad Abdulla Al Gergawi, Chairman, Dubai Holding, said that the new project will strengthen the historic relationship between Dubai and its creek through the addition a new dimension to the residential, tourism and leisure offerings along the Dubai Creek.
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