• Ciel Tower in Dubai Marina — set to be the world's tallest stand-alone hotel at 365 metres — is scheduled to be completed this year. Image: The First Group
    Ciel Tower in Dubai Marina — set to be the world's tallest stand-alone hotel at 365 metres — is scheduled to be completed this year. Image: The First Group
  • Marsa Al Arab is a superyacht-inspired beachfront resort in Dubai. Photos: Jumeirah Group
    Marsa Al Arab is a superyacht-inspired beachfront resort in Dubai. Photos: Jumeirah Group
  • The 64-floor Dubai Wasl Tower on Sheikh Zayed Road is designed to give the impression of “dynamic motion”. Photo: Wasl
    The 64-floor Dubai Wasl Tower on Sheikh Zayed Road is designed to give the impression of “dynamic motion”. Photo: Wasl
  • Burj Binghatti Jacob & Co Residences will be the tallest residential tower in the world when it’s completed in 2026. Photo: Burj Binghatti
    Burj Binghatti Jacob & Co Residences will be the tallest residential tower in the world when it’s completed in 2026. Photo: Burj Binghatti
  • Dubai Creek Tower, which was due to be 100 metres taller than the Burj Khalifa, is being redesigned. Image: Emaar
    Dubai Creek Tower, which was due to be 100 metres taller than the Burj Khalifa, is being redesigned. Image: Emaar
  • Construction began last summer on Al Habtoor Tower. Photo: Al Habtoor Group
    Construction began last summer on Al Habtoor Tower. Photo: Al Habtoor Group
  • Dubai announced plans in 2021 to build a beach, a new lake, a cable railway, several hotels, and 120km of bicycle paths. Dubai Media Office
    Dubai announced plans in 2021 to build a beach, a new lake, a cable railway, several hotels, and 120km of bicycle paths. Dubai Media Office
  • Palm Jebel Ali will include 80 hotels and resorts, green spaces and other leisure and retail amenities spanning 13.4 square kilometres.
    Palm Jebel Ali will include 80 hotels and resorts, green spaces and other leisure and retail amenities spanning 13.4 square kilometres.
  • Dubai Electricity and Water Authority opened the world's largest concentrated solar power project in December, at the Mohammed bin Rashid Al Maktoum Solar Park.
    Dubai Electricity and Water Authority opened the world's largest concentrated solar power project in December, at the Mohammed bin Rashid Al Maktoum Solar Park.
  • Nakheel launched Rixos Dubai Islands, Hotel & Residences on Dubai Islands. Photo: Nakheel
    Nakheel launched Rixos Dubai Islands, Hotel & Residences on Dubai Islands. Photo: Nakheel
  • The World Islands project will be completed by 2026, says the project's developer. Photo: Kleindienst Group
    The World Islands project will be completed by 2026, says the project's developer. Photo: Kleindienst Group
  • The $5 billion Dubai Metro Blue Line project will include 14 new stations and add 30km to the metro network. Image: Dubai Media Office
    The $5 billion Dubai Metro Blue Line project will include 14 new stations and add 30km to the metro network. Image: Dubai Media Office
  • Etihad Rail and Adnoc have announced an agreement to start a passenger route between Abu Dhabi and Al Dhannah. Photo: Etihad Rail
    Etihad Rail and Adnoc have announced an agreement to start a passenger route between Abu Dhabi and Al Dhannah. Photo: Etihad Rail
  • The Hudayriyat Island masterplan is a bike-friendly development featuring premium mixed-use residential properties and more than 220km of cycle track. Photo: Abu Dhabi Media Office
    The Hudayriyat Island masterplan is a bike-friendly development featuring premium mixed-use residential properties and more than 220km of cycle track. Photo: Abu Dhabi Media Office
  • Jubail Island, situated between Saadiyat Island and Yas Island, will have six residential village estates covering more than 400 hectares and is expected to be home to 10,000 residents within four years. Image: Jubail Island Investment Company
    Jubail Island, situated between Saadiyat Island and Yas Island, will have six residential village estates covering more than 400 hectares and is expected to be home to 10,000 residents within four years. Image: Jubail Island Investment Company
  • Progress continues with the Natural History Museum in the Cultural District on Saadiyat Island. Image: Department of Culture and Tourism - Abu Dhabi
    Progress continues with the Natural History Museum in the Cultural District on Saadiyat Island. Image: Department of Culture and Tourism - Abu Dhabi
  • Saadiyat Grove is a $2.72 billion destination that spans an area of 242,000 square metres. Image: Saadiyat Grove
    Saadiyat Grove is a $2.72 billion destination that spans an area of 242,000 square metres. Image: Saadiyat Grove
  • The Zayed National Museum's design is inspired by a falcon's wing. Abu Dhabi Media Office
    The Zayed National Museum's design is inspired by a falcon's wing. Abu Dhabi Media Office
  • Guggenheim Abu Dhabi is scheduled for completion in 2025. Photo: Gehry Partners, LLP
    Guggenheim Abu Dhabi is scheduled for completion in 2025. Photo: Gehry Partners, LLP
  • Aljada, a sprawling 2.2-square kilometre site close to Sharjah’s airport, universities and the E311 motorway, is now about 30 per cent complete with major elements such as the mall and business district still to be built.
    Aljada, a sprawling 2.2-square kilometre site close to Sharjah’s airport, universities and the E311 motorway, is now about 30 per cent complete with major elements such as the mall and business district still to be built.

UAE megaprojects: From world's tallest towers to manmade islands, 20 projects on the way


Neil Halligan
  • English
  • Arabic

The UAE is renowned across the globe for its megaprojects.

These are defined by the Project Management Institute as large-scale, complex ventures that typically cost more than $1 billion and take many years to build.

They include mixed-use developments as well as infrastructure projects aimed at supporting urban planning.

Every year, new megaprojects are launched in the UAE as ongoing ones reach completion, such as One Za'abeel, Uptown Tower Dubai and Atlantis the Royal.

See the slide show above and list below for the megaprojects that are on the way in Dubai, Abu Dhabi and elsewhere.

Ciel Tower

Ciel Tower in Dubai Marina – set to be the world's tallest stand-alone hotel at 365 metres – is scheduled to be completed this year.

The 82-storey tower will have more than 1,000 guest rooms and suites, as well as premium amenities such as the Ciel Observatory & Lounge on the 81st floor and a signature rooftop Sky Terrace with an infinity pool and bar.

A key feature of the hotel will be a 300-metre atrium with vertically stacked, landscaped terraces that will span the building’s floors.

Marsa Al Arab

Jumeirah Marsa Al Arab is expected to open to the public in phases throughout 2024, with no firm date specified for the hotel opening.

The building, with its superyacht-inspired design, was originally scheduled to open in 2021, but the pandemic delayed the project.

It will complete an “oceanic trilogy” alongside the wave-shaped Jumeirah Beach Hotel and sailboat-inspired Burj Al Arab.

It will have 303 sea-facing rooms and 84 suites, all of them with balconies.

There will be five private swimming pools and two exclusive beaches, as well as a premium yacht club and marina, with 82 berths. There will also be nine oceanfront private villas.

Dubai Wasl Tower

The 64-floor Dubai Wasl Tower on Sheikh Zayed Road will have what the developer says is the region's largest ceramic facade. It is designed to give the impression of “dynamic motion”.

Work on the tower is expected to be completed in the second quarter of this year.

The 1.8 million-square feet building will have 229 residential units, and 258 hotel rooms as part of Dubai’s second Mandarin Oriental Hotel, as well as 185,345 square feet of office space and 11 parking floors. It will also feature a helipad.

Burj Binghatti, Dubai

Burj Binghatti Jacob & Co Residences aims to be the tallest residential tower in the world when it’s completed in 2026.

With more than 112 storeys, the Business Bay tower’s design is the work of Jacob Arabo, the founder of watchmaker Jacob & Co and a renowned diamond designer.

According to its website, the tower will have amenities such as an infinity pool overlooking the Dubai skyline, a spa, a gymnasium and a concierge team for day care, bodyguard, chauffeur and private chef services.

Dubai Creek Tower

Dubai Creek Tower, which was due to be 100 metres taller than the Burj Khalifa, is being redesigned, Emaar Properties' founder Mohamed Alabbar said in August.

The cable-tied tower, designed by the Spanish-Swiss architect Santiago Calatrava, was due to be located in the centre of the Dubai Creek Harbour development.

The new plan is due to be unveiled later this year, with construction to be completed in 2025.

Al Habtoor Tower

Construction began last summer on one of the more recent additions to the megaprojects list.

Located off Sheikh Zayed Road, Al Habtoor Tower is expected to stand 345 metres tall upon completion.

The $3 billion residential building will be 81 floors high and have more than 1,700 units when it is completed by the third quarter of 2026.

Plans to develop 54km of beaches around Palm Jebel Ali and Palm Jumeirah include new pedestrian and cycling tracks, along with the planting of mangrove trees. Dubai Media Office
Plans to develop 54km of beaches around Palm Jebel Ali and Palm Jumeirah include new pedestrian and cycling tracks, along with the planting of mangrove trees. Dubai Media Office

Palm Jebel Ali

Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, in May approved a new master plan for Palm Jebel Ali – a megaproject that will be twice the size of Palm Jumeirah.

The tourist attraction will include 80 hotels and resorts, green spaces and other leisure and retail amenities spanning 13.4 square kilometres.

The new projects within the development include enclosed beach areas, walkways, cafes and dining areas.

The World Islands

Development on the World Islands megaproject continues, with The Kleindienst Group opening the Cote d'Azur Monaco Hotel – its first property on The Heart of Europe project – last year.

The much-delayed $5 billion Heart of Europe project will be completed by 2026, according to Josef Kleindienst, the group's chairman.

It will have 16 hotels as well as “palaces” with private beach access.

Other properties set to open in the megaproject, on different islands, include The Island beach club and Anantara World Islands Dubai Resort.

Dubai Islands

Formerly known as Deira Islands, Dubai Islands is a development of five islands spread over 17 square kilometres, with more than 60km of waterfront – a third of which will be beaches.

Each island will have unique offerings, with cultural centres, recreational beaches, beach clubs and a golf club.

The islands will be home to more than 80 resorts and hotels.

Hatta redevelopment plan

The Hatta Beach Project aims to transform the area into a year-round tourist destination.
The Hatta Beach Project aims to transform the area into a year-round tourist destination.

Dubai announced plans in 2021 to build a beach, a new lake, a cable railway, several hotels, and 120km of bicycle paths in Hatta.

There are also plans to develop a mountainside health resort and the first tourist funicular system of its kind in the region that will transport visitors to Hatta Dam.

Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, ordered development to start in early 2022 and appointed a committee to oversee it.

Mohammed bin Rashid Solar Park

Work on the world’s largest solar energy park, the Mohammed bin Rashid Al Maktoum Solar Park, is continuing as Dubai moves forward with its plans to transition to cleaner energy sources.

Last month, the Dubai Electricity and Water Authority (Dewa) opened the world's largest concentrated solar power project within the park as part of its fourth phase.

The fourth phase will provide clean energy for about 320,000 houses and cut 1.6 million tonnes of carbon emissions yearly.

In August, Dewa selected Abu Dhabi's renewable energy company Masdar to build and manage the 1,800 megawatt sixth phase of the solar park, which is expected to become operational in stages, starting from the third quarter of 2025.

Dubai Metro Blue Line

Dubai announced plans in November to add a third line to its metro network.

The 30km Blue Line described as the emirate's “largest new project in the public transport sector”, will connect Dubai International airport to areas with a population of one million residents, including Dubai Creek Harbour, Festival City, International City, Rashidiya, Warqa, and Mirdif, as well as urban areas like Silicon Oasis and Academic City.

It will consist of nine elevated stations and five underground stations, cost Dh18 billion ($4.9 billion) and will officially open in 2029.

Etihad Rail

The UAE’s roll-out of the Etihad Rail network was completed in February last year, with Sheikh Mohammed bin Rashid officially opening the freight line.

It consists of a fleet of 38 locomotives and more than 1,000 wagons.

The rail network stretches about 900km across the country – extending as far as Oman – and is expected to reduce carbon emissions by up to 21 per cent.

No date has been confirmed for when the UAE's passenger rail service will begin. However, it was announced last year that the first passenger station will be Sakamkam in Fujairah.

Etihad Rail also announced an agreement that will see a passenger service operate from Abu Dhabi to the Al Dhannah region to allow Adnoc employees to travel the 250km distance between the two locations.

Hudayriyat Island

Abu Dhabi unveiled a master plan for Hudayriyat Island in June.

The megaproject will span more than 51 million square metres, accounting for more than half of the Island.

It will feature residential communities, offering panoramic views of Abu Dhabi city and its waterfront.

The project will also deliver an array of new amenities, including Velodrome Abu Dhabi, Surf Abu Dhabi, a wide range of sport, commerce and leisure amenities, the largest urban park in the emirate, and a 220km-long network of cycle tracks.

The scheme – to be spearheaded by developer Modon Properties – will add 53.5km of coastline to the city, including 16km of beaches.

Jubail Island, Abu Dhabi

Jubail Island, located between Saadiyat Island and Yas Island, will have six residential village estates covering more than 400 hectares and is expected to be home to 10,000 residents within four years.

The Dh10 billion development by Jubail Island Investment Company will also have more than 18,000 square metres of office space and 8,000 square metres of retail space.

More than half of the Jubail Island development, nestled among Abu Dhabi’s protected mangrove reserve, will be left untouched by the real estate project.

Developers have planted 430,000 mangrove trees as part of efforts to conserve the ecological reserve.

Natural History Museum

A rendering of the new Natural History Museum in Abu Dhabi. Photo: Department of Culture and Tourism - Abu Dhabi
A rendering of the new Natural History Museum in Abu Dhabi. Photo: Department of Culture and Tourism - Abu Dhabi

Progress continues on the Natural History Museum in the Cultural District on Saadiyat Island.

The project will cover 35,000 square metres and will aim to take visitors on a 14-billion-year journey through time and space, from the origins of our universe to the Earth’s future.

Tourism chiefs said the museum is due to be completed at the end of 2025.

Saadiyat Grove

Saadiyat Grove is a Dh10 billion destination that spans 242,000 square metres and will eventually feature entertainment and leisure spaces as well as 3,000 residential units, two hotels and co-working spaces for new companies and start-ups.

It will have a 360-degree view of three museums on the island.

Within Saadiyat Grove is Louvre Abu Dhabi Residences, a complex limited to 400 apartments, which includes a 12-seater Cinema Privé.

Zayed National Museum

Located in Abu Dhabi’s Saadiyat Island Cultural District, the Zayed National Museum celebrates the UAE's history and the legacy of its Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan.

The building's distinctive soaring cluster of towers, inspired by a falcon's wings, can be seen from afar.

Designed by acclaimed UK architects Foster + Partners, the museum will narrate the story of Sheikh Zayed and showcase the history of the region and its cultural connections to countries around the world.

Two galleries on the ground floor will represent the heart of the museum.

Guggenheim Abu Dhabi

Designed by renowned architect Frank Gehry – also behind the Guggenheim Museum in Bilbao, Spain – the Abu Dhabi museum is set to open in the Saadiyat Cultural District in 2025.

The museum will cover 30,000 square metres, with its gallery spaces spread across four levels linked by glass bridges and a central atrium.

The 88 metre-tall building will feature nine cone-shaped structures to house commissions and acquisitions.

Aljada, Sharjah

Aljada, a sprawling 2.2-square kilometre site close to Sharjah’s airport, universities and the E311 motorway, is now about 30 per cent complete with major elements such as the mall and business district still to be built.

The Aljada site has a total sales value of Dh24 billion (a construction cost was not revealed) and will ultimately have 25,000 residential units. mostly apartments.

It will also have four hotels, three schools, tree-lined avenues and an entertainment complex designed by the acclaimed Zaha Hadid Architects.

Retail gloom

Online grocer Ocado revealed retail sales fell 5.7 per cen in its first quarter as customers switched back to pre-pandemic shopping patterns.

It was a tough comparison from a year earlier, when the UK was in lockdown, but on a two-year basis its retail division, a joint venture with Marks&Spencer, rose 31.7 per cent over the quarter.

The group added that a 15 per cent drop in customer basket size offset an 11.6. per cent rise in the number of customer transactions.

White hydrogen: Naturally occurring hydrogenChromite: Hard, metallic mineral containing iron oxide and chromium oxideUltramafic rocks: Dark-coloured rocks rich in magnesium or iron with very low silica contentOphiolite: A section of the earth’s crust, which is oceanic in nature that has since been uplifted and exposed on landOlivine: A commonly occurring magnesium iron silicate mineral that derives its name for its olive-green yellow-green colour

Other workplace saving schemes
  • The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
  • Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
  • National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
  • In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
  • Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
If you go

The flights
Emirates and Etihad fly direct to Nairobi, with fares starting from Dh1,695. The resort can be reached from Nairobi via a 35-minute flight from Wilson Airport or Jomo Kenyatta International Airport, or by road, which takes at least three hours.

The rooms
Rooms at Fairmont Mount Kenya range from Dh1,870 per night for a deluxe room to Dh11,000 per night for the William Holden Cottage.

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The specs

Engine: Dual 180kW and 300kW front and rear motors

Power: 480kW

Torque: 850Nm

Transmission: Single-speed automatic

Price: From Dh359,900 ($98,000)

On sale: Now

As You Were

Liam Gallagher

(Warner Bros)

LILO & STITCH

Starring: Sydney Elizebeth Agudong, Maia Kealoha, Chris Sanders

Director: Dean Fleischer Camp

Rating: 4.5/5

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
What are the GCSE grade equivalents?
 
  • Grade 9 = above an A*
  • Grade 8 = between grades A* and A
  • Grade 7 = grade A
  • Grade 6 = just above a grade B
  • Grade 5 = between grades B and C
  • Grade 4 = grade C
  • Grade 3 = between grades D and E
  • Grade 2 = between grades E and F
  • Grade 1 = between grades F and G
The years Ramadan fell in May

1987

1954

1921

1888

The specs

Engine: 2.0-litre 4-cylturbo

Transmission: seven-speed DSG automatic

Power: 242bhp

Torque: 370Nm

Price: Dh136,814

Volvo ES90 Specs

Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)

Power: 333hp, 449hp, 680hp

Torque: 480Nm, 670Nm, 870Nm

On sale: Later in 2025 or early 2026, depending on region

Price: Exact regional pricing TBA

Jigra
Director: Vasan Bala
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
Rated: 3.5/5

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Avengers: Endgame

Directors: Anthony Russo, Joe Russo

Starring: Robert Downey Jr, Chris Evans, Scarlett Johansson, Chris Hemsworth, Josh Brolin

4/5 stars 

RESULT

RS Leipzig 3 

Marcel Sabitzer 10', 21'

Emil Forsberg 87'

Tottenham 0

 

Updated: January 04, 2024, 11:34 AM