• Joint 3rd: Dubai Parks and Resorts. Estimated value: $3 billion. Construction start: Q4, 2014. Projected completion: Q4 2023. About 57 per cent of the infrastructure construction at the project was complete as of the start of August, while ride engineering and manufacturing was 52 per cent finished at the site off Sheikh Zayed Road. The theme park complex comprising attractions such as Legoland, Motiongate and Bollywood Parks expects to attract 5.5 million visitors in 2017. The theme park complex comprises attractions such as Legoland, Motiongate and Bollywood Parks and expects to attract 5.5 million visitors in 2017. Satish Kumar / The National
    Joint 3rd: Dubai Parks and Resorts. Estimated value: $3 billion. Construction start: Q4, 2014. Projected completion: Q4 2023. About 57 per cent of the infrastructure construction at the project was complete as of the start of August, while ride engineering and manufacturing was 52 per cent finished at the site off Sheikh Zayed Road. The theme park complex comprising attractions such as Legoland, Motiongate and Bollywood Parks expects to attract 5.5 million visitors in 2017. The theme park complex comprises attractions such as Legoland, Motiongate and Bollywood Parks and expects to attract 5.5 million visitors in 2017. Satish Kumar / The National
  • Joint 3rd: Dubai Town Square by Nshama. Estimated value: $3 billion. Construction start: Q3, 2015. Projected completion: Q2, 2022. It is a 750-acre development with a central square equivalent to 16 football pitches. It is located near Arabian Ranches and is planned to feature more than 3,000 townhouses and 18,000 apartments. Courtesy Nshama
    Joint 3rd: Dubai Town Square by Nshama. Estimated value: $3 billion. Construction start: Q3, 2015. Projected completion: Q2, 2022. It is a 750-acre development with a central square equivalent to 16 football pitches. It is located near Arabian Ranches and is planned to feature more than 3,000 townhouses and 18,000 apartments. Courtesy Nshama
  • 2nd: Akoya by Damac. Estimated value: $6 billion. Construction start: Q1, 2014. Projected completion: Q3, 2017. The Dubai-based developer bought a 42 million square feet plot of land near Arabian Ranches in July 2013. In less than two years it secured all the necessary permits, agreed 24 of the 26 main contract packages, and commenced work on 2,400 of the 2,600 villas. The first villas will be delivered by the end of the year, Damac said. It will feature the Trump International Golf Course. Courtesy Damac
    2nd: Akoya by Damac. Estimated value: $6 billion. Construction start: Q1, 2014. Projected completion: Q3, 2017. The Dubai-based developer bought a 42 million square feet plot of land near Arabian Ranches in July 2013. In less than two years it secured all the necessary permits, agreed 24 of the 26 main contract packages, and commenced work on 2,400 of the 2,600 villas. The first villas will be delivered by the end of the year, Damac said. It will feature the Trump International Golf Course. Courtesy Damac
  • 1st: Mohammed Bin Rashid City. Estimated value: $64 billion. Construction start: Q2, 2013. Projected completion: Q4, 2023. The development features a lagoon with views of the Burj Khalifa. Villas in phase one have gone on sale. Satish Kumar / The National
    1st: Mohammed Bin Rashid City. Estimated value: $64 billion. Construction start: Q2, 2013. Projected completion: Q4, 2023. The development features a lagoon with views of the Burj Khalifa. Villas in phase one have gone on sale. Satish Kumar / The National

Property

UAE’s top 5 most costly megaprojects under construction – in pictures

Ian Oxborrow
Ian Oxborrow

September 13, 2015

  • English
  • Arabic

Find out the top projects currently under construction in the Emirates and their value according to Abu Dhabi-based information portal Ventures Onsite.

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