An aerial view of Meydan Sobha - District One located at a short distance of 2.9 kilometers from Burj Khalifa.
An aerial view of Meydan Sobha - District One located at a short distance of 2.9 kilometers from Burj Khalifa.

Meydan links up with Indian developer on Dubai mega project



With just days to go before Cityscape and property prices soaring, Meydan, the private developer behind the world’s largest horse racing complex, and the Indian developer Sobha are gearing up their efforts to market the first phases of a Dh21 billion mega project in Dubai.

The pair which are jointly developing 1,500 luxury villas set in 1,100 acres of parkland around the world’s biggest man-made lagoon, known as District One, are hoping they can take advantage of Dubai’s current property boom to launch an off-plan sales push.

The joint venture partners announced yesterday that they had completed construction of 80 per cent of the nine show villas they will be using to showcase the scheme. Full completion is expected in November.

Further announcements are set to follow in the build-up to the property exhibition as the developers seek to attract interest in the 48-hectare project, which is expected to be completed in about seven years and will be built around a 7 kilometre lagoon to be constructed by the swimming pool technology company Crystal Lagoons.

The project will form the first phase of the planned multibillion dollar Mohammed bin Rashid City project, located between Sheikh Zayed Road, Emirates Road and Al Khail Road, which is slated to comprise a new world’s biggest shopping mall dubbed The Mall of the World and more than 100 hotels.

The MBR City project, which was announced by Sheikh Mohammed bin Rashid, Vice President of the UAE and Ruler of Dubai, last November, represents a revival of a similar Mohammed bin Rashid Gardens project, which was first announced in 2008 but never came off the drawing board because of the global financial crisis.

The 2008 master plan had suggested the Gardens project would cover 74 sq km, and cost US$60bn.

Back in the 2008 property boom, Cityscape became known as a show of excess, with investors throwing cheques down on off-plan properties. All that changed when the Dubai property market crashed and the exhibition shrank to a fraction of its boom time size.

But now with villa prices in Dubai up 26 per cent over the past 12 months to the end of September and apartment prices up 42 per cent according to the property broker Asteco, developers are once again gearing up for strong sales.

“Mohammed bin Rashid City-District One is poised to become a monumental destination in Dubai, offering a residential development in the heart of the city that is currently unique to anything else in the region,” said Saeed Humaid Al Tayer, the Meydan chairman and chief executive.

“District One will be the jewel in Sobha’s crown,” said PNC Menon, the founder and chairman of Sobha Group.

lbarnard@thenational.ae

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Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Ballon d’Or shortlists

Men

Sadio Mane (Senegal/Liverpool), Sergio Aguero (Aregentina/Manchester City), Frenkie de Jong (Netherlans/Barcelona), Hugo Lloris (France/Tottenham), Dusan Tadic (Serbia/Ajax), Kylian Mbappe (France/PSG), Trent Alexander-Arnold (England/Liverpool), Donny van de Beek (Netherlands/Ajax), Pierre-Emerick Aubameyang (Gabon/Arsenal), Marc-Andre ter Stegen (Germany/Barcelona), Cristiano Ronaldo (Portugal/Juventus), Alisson (Brazil/Liverpool), Matthijs de Ligt (Netherlands/Juventus), Karim Benzema (France/Real Madrid), Georginio Wijnaldum (Netherlands/Liverpool), Virgil van Dijk (Netherlands/Liverpool), Bernardo Silva (Portugal/Manchester City), Son Heung-min (South Korea/Tottenham), Robert Lewandowski (Poland/Bayern Munich), Roberto Firmino (Brazil/Liverpool), Lionel Messi (Argentina/Barcelona), Riyad Mahrez (Algeria/Manchester City), Kevin De Bruyne (Belgium/Manchester City), Kalidou Koulibaly (Senegal/Napoli), Antoine Griezmann (France/Barcelona), Mohamed Salah (Egypt/Liverpool), Eden Hazard (BEL/Real Madrid), Marquinhos (Brazil/Paris-SG), Raheem Sterling (Eengland/Manchester City), Joao Félix(Portugal/Atletico Madrid)

Women

Sam Kerr (Austria/Chelsea), Ellen White (England/Manchester City), Nilla Fischer (Sweden/Linkopings), Amandine Henry (France/Lyon), Lucy Bronze(England/Lyon), Alex Morgan (USA/Orlando Pride), Vivianne Miedema (Netherlands/Arsenal), Dzsenifer Marozsan (Germany/Lyon), Pernille Harder (Denmark/Wolfsburg), Sarah Bouhaddi (France/Lyon), Megan Rapinoe (USA/Reign FC), Lieke Martens (Netherlands/Barcelona), Sari van Veenendal (Netherlands/Atletico Madrid), Wendie Renard (France/Lyon), Rose Lavelle(USA/Washington Spirit), Marta (Brazil/Orlando Pride), Ada Hegerberg (Norway/Lyon), Kosovare Asllani (Sweden/CD Tacon), Sofia Jakobsson (Sweden/CD Tacon), Tobin Heath (USA/Portland Thorns)

 

 

One in nine do not have enough to eat

Created in 1961, the World Food Programme is pledged to fight hunger worldwide as well as providing emergency food assistance in a crisis.

One of the organisation’s goals is the Zero Hunger Pledge, adopted by the international community in 2015 as one of the 17 Sustainable Goals for Sustainable Development, to end world hunger by 2030.

The WFP, a branch of the United Nations, is funded by voluntary donations from governments, businesses and private donations.

Almost two thirds of its operations currently take place in conflict zones, where it is calculated that people are more than three times likely to suffer from malnutrition than in peaceful countries.

It is currently estimated that one in nine people globally do not have enough to eat.

On any one day, the WFP estimates that it has 5,000 lorries, 20 ships and 70 aircraft on the move.

Outside emergencies, the WFP provides school meals to up to 25 million children in 63 countries, while working with communities to improve nutrition. Where possible, it buys supplies from developing countries to cut down transport cost and boost local economies.

 

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

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Huddersfield Town permanent signings:

  • Steve Mounie (striker): signed from Montpellier for £11 million
  • Tom Ince (winger): signed from Derby County for £7.7m
  • Aaron Mooy (midfielder): signed from Manchester City for £7.7m
  • Laurent Depoitre (striker): signed from Porto for £3.4m
  • Scott Malone (defender): signed from Fulham for £3.3m
  • Zanka (defender): signed from Copenhagen for £2.3m
  • Elias Kachunga (winger): signed for Ingolstadt for £1.1m
  • Danny WIlliams (midfielder): signed from Reading on a free transfer
Jigra
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Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
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