{"id":14198,"date":"2016-05-24T20:05:48","date_gmt":"2016-05-24T13:05:48","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=14198"},"modified":"2016-05-24T19:52:25","modified_gmt":"2016-05-24T12:52:25","slug":"water-homes-and-floating-restaurants-dubai-properties-launches-dh1bn-marasi-business-bay","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/water-homes-and-floating-restaurants-dubai-properties-launches-dh1bn-marasi-business-bay\/","title":{"rendered":"Water homes and floating restaurants: Dubai Properties launches Dh1bn Marasi Business Bay"},"content":{"rendered":"


\nThe Dubai Properties Group has announced the launch of a Dh1 billion project along the banks of the Dubai Canal in Business Bay, which will have five new mar\u00adinas, up to 150 “water homes” and more than 100 shops and outlets, as well as a park and a number of floating restaurants.Work on the project, known as Marasi Business Bay, has already begun on site, with a contractor building a 6 metre-wide stretch of walkway along a 12-kilometre route that will house three areas known as The Yacht Club, The Park and The Pier. This will eventually be extended to 15km to allow for the addition of retail and restaurant units. In total, the scheme’s five marinas will have a capacity to house 1,250 boats. The scheme will also feature floating restaurants where customers can hire a chef and a captain to take their own restaurant out on to the water.Fadel Al Ali, the chief executive of Dubai Holding, said the project would be developed over a five to seven-year period and could contain up to 150 water homes, which are not floating homes but will be permanently secured to the canal basin. He declined to say how much these units would sell for, but said that they would be at the high end of the market.Mr Al Ali said that Dubai Holding’s principal property arm, Dubai Properties, has a portfolio of completed projects worth D5bn, comprising about 35,000 homes. About 15,000 of these had been sold, and a further 15,000 were in its rental portfolio, with the remaining 5,000 specialist units such as workers’ accommodation.”Harnessing the excellence and track record of Dubai Properties and innovation that runs across the group, Marasi Business Bay is being developed with the aim of boosting the tourism industry in Dubai, and will reinforce Dubai’s position as a global tourism destination,” he said.mfahy@thenational.aeFollow The National’s Business section on Twitter
\n
\nSource : thenational.ae
\nRead more…Water homes and floating restaurants: Dubai Properties launches Dh1bn Marasi Business Bay<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Dubai Properties Group has announced the launch of a Dh1 billion project along the...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-14198","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-3H0","jetpack-related-posts":[{"id":14188,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-properties-launches-dh1-billion-marasi-business-bay-project\/","url_meta":{"origin":14198,"position":0},"title":"Dubai Properties launches Dh1 billion Marasi Business Bay project","date":"May 24, 2016","format":false,"excerpt":"\r Dubai Properties Group has announced the launch of a Dh1 billion project along the banks of the Dubai Canal in Business Bay that will see five new marinas, up to 150 water homes and more than 100 shops and outlets, as well as a park and a number of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41889,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/floating-homes-among-to-be-built-in-phase-one-of-marasi-business-bay-in-dubai\/","url_meta":{"origin":14198,"position":1},"title":"'Floating homes' among to be built in phase one of Marasi Business Bay in Dubai","date":"January 26, 2017","format":false,"excerpt":"\r Dubai Properties has awarded a contract for work on the first phase of its Marasi Business Bay project on Dubai Canal.The company has appointed Finnish company Admares to build 10 \"floating\" water homes, two restaurants and a yacht club at the site, which will also contain 12 kilometres worth\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/WYNQZDxrEeQ\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":41893,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/floating-homes-to-be-built-in-phase-one-of-marasi-business-bay-on-dubai-canal\/","url_meta":{"origin":14198,"position":2},"title":"'Floating homes' to be built in phase one of Marasi Business Bay on Dubai Canal","date":"January 26, 2017","format":false,"excerpt":"\r Dubai Properties has awarded a contract for work on the first phase of its Marasi Business Bay project on Dubai Canal.The company has appointed Finnish company Admares to build 10 \"floating\" water homes, two restaurants and a yacht club at the site, which will also contain 12 kilometres worth\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/WYNQZDxrEeQ\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":42051,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-set-to-get-first-floating-homes-restaurants-by-year-end\/","url_meta":{"origin":14198,"position":3},"title":"Dubai set to get first 'floating' homes, restaurants by year-end","date":"January 26, 2017","format":false,"excerpt":"\r Admares has started work on phase 1 of $272m Marasi Business Bay\r \r Source : arabianbusiness.com\r Read more...Dubai set to get first 'floating' homes, restaurants by year-end","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30259,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-properties-business-bay-promenade-to-complete-next-month\/","url_meta":{"origin":14198,"position":4},"title":"Dubai Properties' Business Bay promenade 'to complete next month'","date":"October 16, 2016","format":false,"excerpt":"\r $272m Marasi Business Bay scheme also comprises \u2018water homes\u2019, shops, parks\r \r Source : arabianbusiness.com\r Read more...Dubai Properties' Business Bay promenade 'to complete next month'","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22502,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/spaceship-style-floating-homes-coming-to-dubai\/","url_meta":{"origin":14198,"position":5},"title":"Spaceship-style floating homes coming to Dubai","date":"August 10, 2016","format":false,"excerpt":"\r Dutch developer New Living on Water (NLW) is planning to unveil its futuristic-looking floating homes concept at Cityscape Global in Dubai next month.The company has created a striking water home concept based on an \"organic\", circular design. It said that it is confident of selling US$50m (Dh184m) worth of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/14198"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=14198"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/14198\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=14198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=14198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=14198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}