Emaar’s creek project to be designed around lagoons and boulevards

Emaar Properties has announced that it is in the final stages of negotiations with Dubai Holding to develop a new 6.5 million m2 urban district near Dubai Creek at Ras Al Khor.

The buildings will be designed around a series of lagoons and green boulevards, the company said in a statement to the Dubai Financial Market.

The firm said that the project, known as Dubai Creek Harbour, will contain a new central business district, residential units and a mix of cultural, commercial, technology, educational, healthcare, sporting, shopping and entertainment attractions.

Dubai Creek Harbour will be developed as a joint venture between Emaar Properties and Dubai Holding – an investment company in which Dubai ruler HH Sheikh Mohammed Bin Rashid al Maktoum owns a majority stake.

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