The project spans 21 million square feet and will be located in the heart of Dubai, adjacent to Business Bay. Courtesy TECOM Investments
The project spans 21 million square feet and will be located in the heart of Dubai, adjacent to Business Bay. Courtesy TECOM Investments

Details of waterfront Dubai Design District unveiled ahead of Cityscape Global 2014



DUBAI // A stunning new waterfront featuring luxury shops, restaurants and hotels will form the centrepiece to a design district that aims to become the focal point for creativity in the emirate.

Dubai Design District, or d3, is to become the meeting point for work and play for the creative and design community by combining business, retail, residential and visitor attractions and facilities.

The project spans 21 million square feet and will be located in the heart of Dubai, adjacent to Business Bay.

“D3 has been designed as a unique concept,” said Dr Amina Al Rustamani, the chief executive of Tecom Investments, the project’s master developer.

“From the very start we have worked with leading global figures as well as local talent from across the spectrum of the creative industries to ensure we can provide the right facilities and infrastructure suitable for both international brands and emerging regional designers.”

It will be a purpose-built neighbourhood specifically for the creative community and developed in collaboration with the community, he said.

And the development will offer an “unique” experience to designers, tourists and the public.

Among the key features will be a 1.8km waterfront with hotels, boutique shops and restaurants and other entertainment venues. There will also be a business zone with office space for 10,000 workers in the design, fashion and luxury sectors.

A “creative community” will house 4,000 designers and crafts-people, while there will be a variety of luxury, four-star and boutique hotels as well as furnished apartments, with more than 4,000 rooms.

More than 2.5 million square feet of d3 will be retail space spread across the district as it becomes the new home for Dubai’s art scene.

Artists will be able to display their work in high-end galleries, pop-up showcase and open-air installation spaces as well as in workshops and studios.

A series of low-rise contemporary apartments will provide easy access to the new development.

The district will also host a packed calendar of events, ranging from large-scale design festivals to street theatre.

The first phase of the office and retail space is expected to be ready in the first quarter of 2015, when plots of land will become available, said Dr Al Rustamani.

“Our creative communities also told us that they wanted d3 to be a full lifestyle experience, so d3 will be alive both day and night, offering a vibrant atmosphere with edgy boutiques, entertainment and retail concepts, and the kind of credible, cutting-edge creative events more often found in London, New York, Paris and Milan,” she said.

“We have experienced an overwhelming response from the market since d3’s launch was announced last year.

“We welcome the opportunity to work with global and regional developers to build the future for Dubai’s design, fashion, art and luxury industries.”

The master plan for the project will be unveiled on Sunday at Cityscape Global 2014.

The developer hopes the project follows the example of similar creative hubs around the world but in time grow into one that is unique to Dubai.

The concept has already been welcomed by many within the fashion industry.

“D3 is truly a visionary concept,” said Raza Beig, chief executive of Splash and Iconic-Landmark Group.

“With Dubai racing to be the top retail and fashion destination in the world, this project is truly Iconic. Landmark Group looks forward to seeing this platform becoming the creative pulse in the region and especially promoting the budding regional talent in fashion and design.”

Azza Al Qubaisi, an Emirati jewellery designer, said d3 would be the perfect platform to allow designers to establish themselves in the region.

“What impresses me the most is the effort taken to hear and research from the designers to figure the gap and overcome it in the different stages of the project,” she said.

nhanif@thenational.ae

Results:

5pm: Maiden (PA) Dh80,000 2,200m | Winner: AF Al Montaqem, Bernardo Pinheiro (jockey), Ernst Oertel (trainer)

5.30pm: Maiden (PA) Dh80,000 1,200m | Winner: Daber W’Rsan, Connor Beasley, Jaci Wickham

6pm: Handicap (PA) Dh85,000 1,600m | Winner: Bainoona, Fabrice Veron, Eric Lemartinel

6.30pm: Handicap (PA) Dh80,000 1,600m | Winner: AF Makerah, Antonio Fresu, Ernst Oertel

7pm: Wathba Stallions Cup Handicap (PA) Dh70,000 | Winner: AF Motaghatres, Antonio Fresu, Ernst Oertel

7.30pm: Handicap (TB) Dh90,000 1,600m | Winner: Tafakhor, Ronan Whelan, Ali Rashid Al Raihe

The specs

Engine: three three 212.7kWh motors
Power: 1,000bhp
Torque: 15,600Nm
Range: 530km
Price: Dh500,000+ est
On sale: early 2023

Kill

Director: Nikhil Nagesh Bhat

Starring: Lakshya, Tanya Maniktala, Ashish Vidyarthi, Harsh Chhaya, Raghav Juyal

Rating: 4.5/5

The specs

Engine: 2-litre 4-cylinder
Power: 153hp at 6,000rpm
Torque: 200Nm at 4,000rpm
Transmission: 6-speed auto
Fuel consumption: 6.3L/100km
Price: Dh106,900
On sale: now

Specs: 2024 McLaren Artura Spider

Engine: 3.0-litre twin-turbo V6 and electric motor
Max power: 700hp at 7,500rpm
Max torque: 720Nm at 2,250rpm
Transmission: Eight-speed dual-clutch auto
0-100km/h: 3.0sec
Top speed: 330kph
Price: From Dh1.14 million ($311,000)
On sale: Now

How the UAE gratuity payment is calculated now

Employees leaving an organisation are entitled to an end-of-service gratuity after completing at least one year of service.

The tenure is calculated on the number of days worked and does not include lengthy leave periods, such as a sabbatical. If you have worked for a company between one and five years, you are paid 21 days of pay based on your final basic salary. After five years, however, you are entitled to 30 days of pay. The total lump sum you receive is based on the duration of your employment.

1. For those who have worked between one and five years, on a basic salary of Dh10,000 (calculation based on 30 days):

a. Dh10,000 ÷ 30 = Dh333.33. Your daily wage is Dh333.33

b. Dh333.33 x 21 = Dh7,000. So 21 days salary equates to Dh7,000 in gratuity entitlement for each year of service. Multiply this figure for every year of service up to five years.

2. For those who have worked more than five years

c. 333.33 x 30 = Dh10,000. So 30 days’ salary is Dh10,000 in gratuity entitlement for each year of service.

Note: The maximum figure cannot exceed two years total salary figure.

COMPANY PROFILE

Company: Eco Way
Started: December 2023
Founder: Ivan Kroshnyi
Based: Dubai, UAE
Industry: Electric vehicles
Investors: Bootstrapped with undisclosed funding. Looking to raise funds from outside

Company Profile

Company name: Namara
Started: June 2022
Founder: Mohammed Alnamara
Based: Dubai
Sector: Microfinance
Current number of staff: 16
Investment stage: Series A
Investors: Family offices

RESULTS

Bantamweight:
Zia Mashwani (PAK) bt Chris Corton (PHI)

Super lightweight:
Flavio Serafin (BRA) bt Mohammad Al Khatib (JOR)

Super lightweight:
Dwight Brooks (USA) bt Alex Nacfur (BRA)

Bantamweight:
Tariq Ismail (CAN) bt Jalal Al Daaja (JOR)

Featherweight:
Abdullatip Magomedov (RUS) bt Sulaiman Al Modhyan (KUW)

Middleweight:
Mohammad Fakhreddine (LEB) bt Christofer Silva (BRA)

Middleweight:
Rustam Chsiev (RUS) bt Tarek Suleiman (SYR)

Welterweight:
Khamzat Chimaev (SWE) bt Mzwandile Hlongwa (RSA)

Lightweight:
Alex Martinez (CAN) bt Anas Siraj Mounir (MAR)

Welterweight:
Jarrah Al Selawi (JOR) bt Abdoul Abdouraguimov (FRA)

Sarfira

Director: Sudha Kongara Prasad

Starring: Akshay Kumar, Radhika Madan, Paresh Rawal

Rating: 2/5

Martin Sabbagh profile

Job: CEO JCDecaux Middle East

In the role: Since January 2015

Lives: In the UAE

Background: M&A, investment banking

Studied: Corporate finance

FIVE TRENDS THAT WILL SHAPE UAE BANKING

• The digitisation of financial services will continue

• Managing and using data effectively will become a competitive advantage

• Digitisation will require continued adjustment of operating models

• Banks will expand their role in the customer life through ecosystems

• The structure of the sector will change

Biog

Mr Kandhari is legally authorised to conduct marriages in the gurdwara

He has officiated weddings of Sikhs and people of different faiths from Malaysia, Sri Lanka, Russia, the US and Canada

Father of two sons, grandfather of six

Plays golf once a week

Enjoys trying new holiday destinations with his wife and family

Walks for an hour every morning

Completed a Bachelor of Commerce degree in Loyola College, Chennai, India

2019 is a milestone because he completes 50 years in business

 

The specs

Engine: 2.3-litre 4cyl turbo
Power: 299hp at 5,500rpm
Torque: 420Nm at 2,750rpm
Transmission: 10-speed auto
Fuel consumption: 12.4L/100km
On sale: Now
Price: From Dh157,395 (XLS); Dh199,395 (Limited)

Super Saturday race card

4pm: Mahab Al Shimaal Group 3 | US$350,000 | (Dirt) | 1,200m
4.35pm: Al Bastakiya Listed | $300,000 | (D) | 1,900m
5.10pm: Nad Al Sheba Turf Group 3 | $350,000 | (Turf) | 1,200m
5.45pm: Burj Nahaar Group 3 | $350,000 | (D) | 1,600m
6.20pm: Dubai City of Gold Group 2 | $300,000 | (T) | 2,410m
6.55pm: Al Maktoum Challenge Round 3 Group 1 | $600,000 | (D) | 2,000m
7.30pm: Jebel Hatta Group 1 | $400,000 | (T) | 1,800m

How to increase your savings
  • Have a plan for your savings.
  • Decide on your emergency fund target and once that's achieved, assign your savings to another financial goal such as saving for a house or investing for retirement.
  • Decide on a financial goal that is important to you and put your savings to work for you.
  • It's important to have a purpose for your savings as it helps to keep you motivated to continue while also reducing the temptation to spend your savings. 

- Carol Glynn, founder of Conscious Finance Coaching

 

 

Mercedes-AMG GT 63 S E Performance: the specs

Engine: 4.0-litre twin-turbo V8 plus rear-mounted electric motor

Power: 843hp at N/A rpm

Torque: 1470Nm N/A rpm

Transmission: 9-speed auto

Fuel consumption: 8.6L/100km

On sale: October to December

Price: From Dh875,000+(estimate)


Latest
Most Read
Top Videos

Checking In

Travel updates and inspiration from the past week

      By signing up, I agree to The National's privacy policy
      Checking In