Nakheel seeks investors for Dubai Waterfront scheme

Read
the latest
issues

Get Spa Business and Spa Business insider digital magazines FREE
Sign up here ▸

News Features Products Company profilesProfiles Press releasesProfiles Magazine Handbook Advertise Subscribe

NEWS

Nakheel seeks investors for Dubai Waterfront scheme

POSTED 14 Apr 2005 . BY

Dubai-based developer Nakheel – the company behind both the The World and the three Palm developments in the emirate – is seeking investors for its latest masterplan, Dubai Waterfront.

The 81million sq m (872million sq ft) beachfront development – being directed by Crown Prince of Dubai and UAE minister of defence, Sheikh Mohammed Bin Rashid Al Maktoum – will be a mixed-use destination incorporating more than 250 communities.

Upon completion of the entire development, it is expected Dubai Waterfront will have a population of 400,000.

The initial phase will focus on Madinat Al Arab and will be anchored by Al Burj, one of the world’s tallest buildings.

Nakheel has created the Dubai Waterfront Company for the scheme and will be the majority owner, but is seeking investors for the remaining 49 per cent.

Dubai Waterfront forms the first phase of a larger scheme, the Arabian Canal, a 75km waterway development envisioned by Sheik Mohammed. Details: www.thedubaiwaterfront.com

Sign up here to get your choice of the Spa Business and Spa Business insider weekly ezines, breaking news alerts and every issue of Spa Business and Spa Business insider magazines FREE on digital.

RELATED STORIES

MORE NEWS

Belgin Aksoy prepares to mark 15 years of Global Wellness Day on Saturday 13 June

Global Wellness Day (GWD) will mark its 15th anniversary on Saturday 13 June 2026, with the theme: #JoyMagenta – a celebration of the healing qualities of simple gestures and activities that spark joy.

HUM2N opens longevity clinic at Six Senses London

Global luxury hospitality brand, Six Senses, has partnered with longevity healthcare provider, HUM2N, to launch a clinic at Six Senses London, at The Whiteley.

Mayrlife opens first hotel day clinic in partnership with Rosewood Vienna

As part of its first hotel partnership, Mayrlife – the medical health resort company known for its site in Altaussee, Austria – has launched a day clinic at the Rosewood Vienna.

KX Chelsea invests £15 million to upgrade its wellness offering

Premium London health club, KX Chelsea, will imminently unveil its most significant redevelopment since its launch in 2002 to create an integrated wellness model combining training, recovery and relaxation.

+ More news

FEATURED SUPPLIERS

Endospheres' new protocols are designed to meet real client needs

Spa professionals see it every day: clients are arriving with more complex expectations. [more...]

Meet Desert Therapy: Aromatherapy Associates' first new blend in seven years

There is a particular quality of stillness found only in the desert. [more...]

+ More featured suppliers

COMPANY PROFILES

Promet Spa Design and Build

Mehmet Kabas established Promet in 1993, and Aysegul Sungur joined the company the same year. [more...]

Power Plate

Power Plate is owned, manufactured and distributed by Northbrook, Ill.-based Performance Health Syst [more...]

+ More profiles

CATALOGUE GALLERY

TechnoAlpin Indoor: The power of the cold..

Cariitti: Taive basic collection

+ More catalogues