It has just been announced that Dubai Properties has just handed over its first property at Dubai Wharf. The Dubai Wharf in the Culture Village up the creek stretches alongside the newly opened Dubai Water Canal. There has also been a projected number of about three more projects that could be handed over.
The Manazel Al Khor cluster, which is also being developed by Dubai properties will also encourage the livability factor at Culture Village. Dubai Properties is also currently working on a five*star hotel which is due to be completed by mid-2019. The hotel would include a 293 rooms but however, the operator is yet to be known.
Abdullah Abushabib (customer service — customer & government relations at the master-developer) said in an interview: “Families have started to move into the first Dubai Wharf property and the other three will be completed in 2017”.
Upon the completion of Dubai Wharf the development would entail 310,000 sq ft, 594 homes as well as 110 retail outlets. The developer still retains residential units that it will put up for sale later and the retail elements will also be complete next year.
“For Culture Village, we have a mix of our own projects and those by third-party developers — such as the Palazzo Versace and D1. There are five towers built by third-party developers that have opened. This is a location where the roads, the internal road signal systems and infrastructure are ready; and then there’s the 3.3-kilometre promenade. It’s a destination where we want people to live” said Abushabib.