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Northern Emirates Projects in Ras al-Khaimah, Umm al-Quwain, and Fujairah



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Old July 23rd, 2005, 02:58 PM   #1
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#PROJECT-Umm Al Quwain: UMM AL QUWAIN MARINA

Umm Al Quwain with marina development:


Emaar Middle East (EME) today signed an agreement with the government of Umm Al Quwain to create Umm Al Quwain Marina a vast masterplanned waterfront community offering more than 9,000 homes.



Umm Al Quwain Marina.



The gross development value of the project is estimated at AED12 billion (US$3.3 billion).

The Marina, which will transform the emirate and property market, is planned to cover more than 1,488 acres and is scheduled for completion within seven years. His Highness Sheikh Abdullah Bin Rashed Al Mualla, Umm Al Quwain Deputy Ruler and Mr. Mohamed Ali Alabbar, Chairman, signed the joint venture agreement (JVA) earlier today on behalf of the government of Umm Al Quwain and Emaar respectively.

His Highness Sheikh Abdullah said: 'Umm Al Quwain has great potential to be a major player in the real estate market. It is with the support of developers like Emaar that the emirate can take advantage of its natural attributes and create world class destinations like Umm Al Quwain Marina.'

'There is huge potential in the UAE, much of which remains untapped. Dubai, inspired by HH General Sheikh Mohammed Bin Rashid Al Maktoum, has shown how much can be achieved,' said Mr. Alabbar.

He added: 'Umm Al Quwain, an unspoiled haven of natural beauty, offers immense possibilities and Emaar is poised to augment this, courtesy of the vision and commitment of the rulers of the emirate.'

The real estate is located on the shore of Khor al-Beidah, a vast wildlife area. The basin of the Khor contains one of the most extensive tidal sand bank areas and mature mangrove forests in the Gulf region.

The masterplan for the huge multi-billion dollar project has been finalised and tendering, infrastructure engineering and project management are expected to begin shortly.

The project can expect a huge boost from completion of the Emirates ring road and an interchange leading to Umm Al Quwain. These two events alone will transform access to the site and Dubai, for example, will be no more than 30 minutes away.

The residential development planned for the site will target the local and international markets and will appeal to permanent residents and tourist visitors alike - whether it is for a weekend getaway or a relaxing waterfront holiday.

The masterplan blueprint would see 2,600 residential villas and 6,500 apartments - the vast majority either waterfront or beach front created on the site. Some of the villas with waterfront views will be built on a large island with gated access and a series of smaller private islands will offer luxury waterfront villas. An additional 1,200 resort and hotel rooms are planned as well as parks and recreational areas, retail facilities, schools and community centres.

Mr. Alabbar said: 'Our aim is to create a community of special neighbourhoods bordering an open stretch of water with views of the marina against a backdrop of the Arabian Gulf. The shoreline has been shaped to maximize the opportunity for waterfront development and recreation.

'It is a little piece of the Mediterranean transported to the UAE; a small beach town with a picturesque and active centre that will offer shopping, entertainment and opportunities to socialise.'
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Old July 23rd, 2005, 11:50 PM   #2
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wow coool ,,, now AbuDhabi + Dubai + Sharjah + Ajman + Um ALQuwain + RAK ,, making projects !! waiting for Fujrah + ALAin + Westren Part of UAE !! God Bless UAE and Their PEople (( And their Oil lol ))
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Old July 24th, 2005, 12:06 AM   #3
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first RAK now UAQ... great going!
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Old July 24th, 2005, 12:40 AM   #4
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i am not convinced of both honestly.
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Old July 24th, 2005, 05:44 AM   #5
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COST 26 Billions AED

From ALBAYAN : IN ARABIC
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Dubai Ruler and UAE Minister of Defence, Sheikh Mohammed bin Rashid Al Maktoum
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Old July 24th, 2005, 11:55 PM   #6
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great to see they push things forward too
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Old July 25th, 2005, 02:27 AM   #7
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A sizeable coastal swathe in Umm Al Quwain has been allocated for one of the largest real estate projects in UAE.



The Dh12 billion ($3.3 billion) Umm Al Quwain Marina, announced yesterday, will transform UAQ and the property market, and is expected to act as a catalyst for futher investment both foreign and domestic.

Emaar Middle East (EME) signed an agreement with the government of Umm Al Quwain to develop the real estate project offering about 9,000 homes.

The site is located on the shore of Khor Al Beidah, a vast wildlife area, overlooking Al Yufra creek. The basin of the Khor contains one of the most extensive tidal sand bank areas and mature mangrove forests in the Gulf region.

Addressing a press conference held on location Shaikh Abdullah Bin Rashid Al Mualla, Umm Al Quwain Deputy Ruler, said this project was the first of many major investments in the emirate.

"UAQ has great potential to be a major player in the real estate market. It is with the support of developers like Emaar that the emirate can take advantage of its natural attributes and create world class destinations like Umm Al Quwain Marina," he said.

Mohammad Ali Al Abbar, EME chairman, said the location was selected because it was an unspoiled haven of natural beauty. "It offers immense possibilities and Emaar is poised to augment this."

Answering questions on the impact of the project on the mangroves and the fragile eco-system, Al Abbar said the environment is a critical issue. "What was there before the project has to be kept in mind," he said.

The development is on the shoreline with very little reclamation work involved, Al Abbar added.

Tendering for the infrastructure engineering and project management are expected to begin shortly.

The completion of the Emirates ring road and an interchange leading to UAQ will further benefit the project as it will then be no more than 30 minutes away from Dubai, said Al Abbar.

The residential development planned for the site will target the local and international markets.

Al Abbar said the project will be financed "as usual. As a company it is our responsibility to do so".

Officials said Emaar normally spends on the infrastructure building and supports it by sales of the properties.

The project is being developed by EME, a joint venture between Emaar Properties PJSC and Saudi Arabian developer Al Oula, and Watd Properties, another Saudi Arabian real estate developer.

Emaar Properties' shareholders recently agreed to double its capital to Dh5.671 billion in a one-for-one rights issue.

Emaar told its shareholders the increased capital was needed to finance its overseas projects, especially in countries such as Egypt, India and Saudi Arabia where it has to purchase the land for its planned real estate developments.

[[[[Main Features]]]]
World-class destination

** 2,600 residential villas and 6,500 apartments will be built.
**The vast majority of these are either waterfront or beach front.
**Some of the villas with waterfront views will be built on a large island with gated access.
**A series of smaller private islands will offer luxury waterfront villas.
**An additional 1,200 resort and hotel rooms are planned.
**Parks and recreational areas, retail facilities, schools and community centres complete the project.
**The emirate has a total area of about 777 square kilometers with a coastline of 24 kilometres.
**The emirate has one of the largest offshore mangrove areas and an important breeding colony of Socotra cormorants.
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Old July 25th, 2005, 10:05 AM   #8
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Emaar to develop $3.3bn Umm Al Quwain Marina
Posted: Saturday, July 23, 2005








Dubai


Emaar Properties said it had signed a deal to build a Dh12 billion ($3.3 billion) real estate project in the UAE emirate of Umm Al Quwain. The vast masterplanned waterfront community will offer more than 9,000 homes.

The Marina, which will transform the emirate and property market, is planned to cover more than 1,488 acres and is scheduled for completion within seven years.

Emaar Middle East (EME) signed the agreement with the government of Umm Al Quwain to create Umm Al Quwain Marina. The real estate is located on the shore of Khor Al Beidah, a vast wildlife area. The basin of the Khor contains one of the most extensive tidal sand bank areas and mature mangrove forests in the Gulf region.

The masterplan for the huge multi-billion dollar project has been finalised and tendering, infrastructure engineering and project management are expected to begin shortly.

Umm Al Quwain Deputy Ruler Shaikh Abdullah bin Rashed Al Mualla signed the joint venture agreement (JVA) with chairman Mohamed Ali Alabbar.


Sheikh Abdullah said: 'Umm Al Quwain has great potential to be a major player in the real estate market. It is with the support of developers like Emaar that the emirate can take advantage of its natural attributes and create world class destinations like Umm Al Quwain Marina.'

Alabbar said: 'There is huge potential in the UAE, much of which remains untapped. Dubai, inspired by General Shaikh Mohammed bin Rashid Al Maktoum, has shown how much can be achieved.'

He added: 'Umm Al Quwain, an unspoiled haven of natural beauty, offers immense possibilities and Emaar is poised to augment this, courtesy of the vision and commitment of the rulers of the emirate.'

The project can expect a huge boost from completion of the Emirates ring road and an interchange leading to Umm Al Quwain. These two events alone will transform access to the site and Dubai, for example, will be no more than 30 minutes away.

The residential development planned for the site will target the local and international markets and will appeal to permanent residents and tourist visitors alike - whether it is for a weekend getaway or a relaxing waterfront holiday.

The masterplan blueprint would see 2,600 residential villas and 6,500 apartments - the vast majority either waterfront or beach front created on the site.

Some of the villas with waterfront views will be built on a large island with gated access and a series of smaller private islands will offer luxury waterfront villas. An additional 1,200 resort and hotel rooms are planned as well as parks and recreational areas, retail facilities, schools and community centres.

Alabbar said: 'Our aim is to create a community of special neighbourhoods bordering an open stretch of water with views of the marina against a backdrop of the Arabian Gulf. The shoreline has been shaped to maximize the opportunity for waterfront development and recreation.

'It is a little piece of the Mediterranean transported to the UAE; a small beach town with a picturesque and active centre that will offer shopping, entertainment and opportunities to socialise.'

Emaar Properties, a Dubai-based Public Joint Stock Company, is listed on the Dubai Financial Market.
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Old July 25th, 2005, 11:35 AM   #9
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Quote:
Originally Posted by dubaiflo
i am not convinced of both honestly.
u shud be more convinced of this one than any other.. it's an EMAAR project!

btw, i hope EMAAR gets some projects in abu dhabi too
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Old July 26th, 2005, 12:58 PM   #10
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right i think this might be a success. but al hamra village... is just crappy.
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Old July 26th, 2005, 02:29 PM   #11
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nice UAQ needs alot of development
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Old July 26th, 2005, 05:06 PM   #12
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Emmar's press releases are too long. i now hate them. they are crappy. grrrr....
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Old July 26th, 2005, 10:56 PM   #13
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Why are they building it just next to a wildlife reserve?
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Old July 26th, 2005, 11:28 PM   #14
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hardly any water can be seen in that last render from 7days... not so much of a marina is it
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Old July 26th, 2005, 11:33 PM   #15
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The picture uve posted is a totally different project which is Al Salam City.
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Old July 27th, 2005, 07:22 AM   #16
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ooops, sorry
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Old August 7th, 2005, 05:35 PM   #17
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Marina is planned in Umm Al Quwain



The project’s blueprint includes 2600 residential villas, 6500 apartments and a marina for 1900 boats and yachts.
Emaar is set to develop a US $3.3 billion (AED12 billion) waterfront community at Umm Al Quwain.

The project represents the developer’s first significant push into the emirate, with site works expected to begin within the next three months.

The Umm Quwain Marina project will transform the small emirate by creating more than 9000 new homes on the shore
of Khor al-Beidah, situated approximately 8 km inland from the Gulf.

The joint venture agreement was signed by Sheikh Abdullah bin Rashid Al Mualla, deputy ruler of Umm Al Quwain and Emaar chairman Mohammed Ali Alabbar.

The masterplan for the 1488-acre development is finalised and tendering, infrastructure engineering and project management are expected to begin shortly.

Consultant on the project is HOK Toronto.

“Our aim is to create a community of special neighbourhoods bordering an open stretch of water with views of the marina against a backdrop of the Arabian Gulf,” said Alabbar.

“The shoreline has been shaped to maximise the opportunity for waterfront development and recreation.”

The project’s blueprint includes 2600 residential villas and 6500 apartments, the majority of which will be waterfront or beachfront.

There will also be 1200 hotel and resort rooms, a town centre with retail and entertainment facilities, and a marina with moorings for 1900 private boats and yachts.

It is still not certain whether the apartments would be offered on a freehold basis.

The project can expect a boost from the recently completed Emirates ringroad and an interchange that leads directly to Umm Al Quwain.

Together, these will transform access to the marina development and reduce travelling time from Dubai to around 30 minutes.

Khor al-Beidah is a vast wildlife area that is home to
several unique species of birds and animals.

The basin of the Khor also contains one of the most extensive tidal sand bank areas and mature mangrove forests in the Gulf region.

However, this may all be about to change with the new marina project targeting an influx of new residents, as well as international tourists.

Dismissing concerns over what impact the project might potentially have on the environment, Alabbar said: “The
environment is a critical issue and will be the top priority for this development.

“There is huge potential here in the UAE, much of which remains untapped,” added Alabbar. “Umm Al Quwain is an unspoiled haven of natural beauty, and offers immense possibilities.”
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Old August 7th, 2005, 07:11 PM   #18
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Ive just realised that there is no way this project can make a profit [ok there is a possibility, but its so slim i dont count it]

this, coupled with the dubai mall could send Emmar bust 6 years down the line...
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Old February 19th, 2006, 03:49 PM   #19
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Emaar forms new company for Umm Al Quwain project; His Highness Sheikh Mohammed Bin Rashid Al Mualla appointed Chairman

Emaar Properties held the first Board of Directors meeting today following the formation of a new company for its Umm Al Quwain Marina project.


Board meeting

Board members present were His Highness Sheikh Mohammed Bin Rashid Al Mualla, Chairman; Mohamed Ali Alabbar, Executive Vice Chairman and Emaar Middle East represetative; Yousef Ali Fadhel, Member and Umm Al Quwain Government representative; Saad Abdul Aziz Al Fouzan, Member and Watad Properties Company representative; Ahmad Al Matrooshi, Member and Emaar Middle East representative and Issam Galadari, Member and Emaar Middle East representative.

During the meeting the Board approved project contracts and agreed on contractors for the following services: Project Management Services, Marine and Infrastructure Engineering Services, Quantity Surveying Services, Detailed Master Planning Services and Research Consultancy Services. The Board also discussed the company organisational chart, authority matrix and general progress of the project.

Umm Al Quwain Marina is a vast masterplanned waterfront community located on the shore of Khor al-Beidah. The masterplan blueprint would see residential villas and apartments - the vast majority either waterfront or beach front created on the site. Some of the villas with waterfront views will be built on a large island with gated access and a series of smaller private islands will offer luxury waterfront villas. In addition, resort and hotel rooms as well as parks and recreational areas, retail facilities, schools and community centres are planned.
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Old December 2nd, 2006, 01:23 AM   #20
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I LIKE IT !
amazing ... the last few months in Umm Al Quwain ..already many changes..

keep in touch,
jasmin,
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Do you like the desert ?
Than dont miss this: www.RAK24.com/awafifestival
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