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Dh25 billion plan to transform Dubai’s historic Mina Rashid area

05 May 2019

Dh25 billion plan to transform Dubai’s historic Mina Rashid area

Gulf News

A new mall by the sea and a floating yacht club among some of the attractions

One of Dubai’s historic sites – the Mina Rashid area – is to undergo a Dh25 billion transformation, including having a mall by the sea.

A joint venture between DP World owned P&O Marinas and Emaar will oversee the development, located in Bur Dubai - and stretching into Deira - with an extensive seafront. It is now home to the fabled QE2 ocean liner, which is now a 13-deck floating hotel and a permanent tourist attraction.

According to Sultan Ahmad Bin Sulayem, Group Chairman and CEO of DP World: “Mina Rashid will strengthen Dubai’s position as a global city and the premier cruise hub in the Middle East. Our venture with Emaar will contribute to the city’s cruise tourism and create another strong economic catalyst.”

The waterfront destination will also be home to 'The Dubai Mall by Sea', billed as a fully integrated shopping and entertainment destination of the future. Among other attractions, there will be a floating yacht club…and Dubai’s longest swimming pool.

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