Plans for what could be the world’s largest ocean restoration and ecotourism project in Dubai have been revealed.
Dubai Reefs would be a floating living lab for marine restoration and ecotourism, said developer URB.
At the heart of the futuristic project is a sprawling marine institute, where scientists and researchers could work towards greater protection of Dubai’s marine and coastal regions.
The project, which is currently only in the research and development stage, would support the building of an artificial reef, spanning approximately 200 square kilometres across the Dubai coastline. This would help regenerate the city's coastal ecosystem and provide protection from storms and habitats for fish and marine life.
Responsible tourism is a major part of the plans. Tourists would travel by electric boat shuttles to Dubai Reefs for unique marine ecotourism experiences.
Staying in floating eco resorts and lodges, all of which would be powered by 100 per cent renewable energy, travellers would have first-hand access to the marine projects at the site, which include creating a habitat for more than a billion corals and the planting of more than 100 million mangrove trees.
Unique eco activities on offer would include underwater “forest bathing”, similar to the ancient Japanese wellness practice that promotes calm and quiet among the trees. At Dubai Reefs, the corals would act as the trees of the ocean. Tourists would also have “edutainment” classes at The Marine Institute, to help visitors better understand the ecosystem connecting people with the ocean.
The project would also include residential properties, retail outlets, educational facilities and research hubs, with a total built-up area of about 80,000 square metres and a target of creating more than 30,000 green jobs.
If realised, Dubai Reefs could also house wave farms which would be used to produce additional clean energy for the city’s growing population. And climate-friendly food production could be produced at the floating site via regenerative ocean farming.
“The health of our cities is intrinsically tied to the health of our oceans. The ocean is the source of life controlling everything. Given that everything on our planet is connected, a healthy ocean is a healthy city,” said Baharash Bagherian, chief executive of URB.
“We need an entrepreneurial spirit in the planning of coastal cities and the types of infrastructure as well as developments that are linked to the ocean. As an innovative coastal city, Dubai is best positioned to lead such a transformation. Beyond creating a unique resilient destination for eco-tourism and marine research, Dubai Reefs aims to become a blueprint for ocean living, while mitigating the impacts of climate change,” added Bagherian.
Depending on when the project is funded, the first phase could be realised by 2025 to 2030, and Dubai Reefs could be the project Dubai needs to transform it into a world-recognised eco-destination. With travellers in the UAE increasingly prioritising sustainable travel, it could be a timely initiative.
At present, URB is addressing several challenges for the project, the primary one being commercial viability.
“The main challenge is the commercial viability, to ensure that the entire initiative can be funded privately and that all assets are revenue-generating assets. We are looking to develop the best balance between built-to-lease assets and built-to-sell assets that are in line with the project mission. Any built-to-sell assets will provide the revenue for funding the additional phases of the project, thus not requiring any public funding,” Bagherian told The National.
Other factors still being considered during the research phase are ways to ensure that all aspects of sustainability are considered by the operators, and that the project, if realised, is entirely inclusive and accessible to all.
URB has had a busy year so far. In February, the developer announced plans for The Loop — a sustainable 93km cycling and wellness highway in Dubai.
Housing a zero-emissions transport system, The Loop would be powered by kinetic flooring, allowing it to operate on 100 per cent renewable energy, and the aim is to offer leisure options for residents and visitors.
Scroll through the gallery below for more pictures of The Loop
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
Race card
6.30pm: Emirates Holidays Maiden (TB), Dh82,500 (Dirt), 1,900m
7.05pm: Arabian Adventures Maiden (TB), Dh82,500 (D), 1,200m
7.40pm: Emirates Skywards Handicap (TB), Dh82,500 (D), 1,200m
8.15pm: Emirates Airline Conditions (TB), Dh120,000 (D), 1,400m
8.50pm: Emirates Sky Cargo (TB), Dh92,500 (D)1,400m
9.15pm: Emirates.com (TB), Dh95,000 (D), 2,000m
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The Programme
Saturday, October 26: ‘The Time That Remains’ (2009) by Elia Suleiman
Saturday, November 2: ‘Beginners’ (2010) by Mike Mills
Saturday, November 16: ‘Finding Vivian Maier’ (2013) by John Maloof and Charlie Siskel
Tuesday, November 26: ‘All the President’s Men’ (1976) by Alan J Pakula
Saturday, December 7: ‘Timbuktu’ (2014) by Abderrahmane Sissako
Saturday, December 21: ‘Rams’ (2015) by Grimur Hakonarson
MATCH INFO
Mumbai Indians 186-6 (20 ovs)
Kings XI Punjab 183-5 (20 ovs)
Mumbai Indians won by three runs
UAE currency: the story behind the money in your pockets
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Silent Hill f
Publisher: Konami
Platforms: PlayStation 5, Xbox Series X/S, PC
Rating: 4.5/5
Company profile
Company: Rent Your Wardrobe
Date started: May 2021
Founder: Mamta Arora
Based: Dubai
Sector: Clothes rental subscription
Stage: Bootstrapped, self-funded
Origin
Dan Brown
Doubleday
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Electric scooters: some rules to remember
- Riders must be 14-years-old or over
- Wear a protective helmet
- Park the electric scooter in designated parking lots (if any)
- Do not leave electric scooter in locations that obstruct traffic or pedestrians
- Solo riders only, no passengers allowed
- Do not drive outside designated lanes
Company info
Company name: Entrupy
Co-founders: Vidyuth Srinivasan, co-founder/chief executive, Ashlesh Sharma, co-founder/chief technology officer, Lakshmi Subramanian, co-founder/chief scientist
Based: New York, New York
Sector/About: Entrupy is a hardware-enabled SaaS company whose mission is to protect businesses, borders and consumers from transactions involving counterfeit goods.
Initial investment/Investors: Entrupy secured a $2.6m Series A funding round in 2017. The round was led by Tokyo-based Digital Garage and Daiwa Securities Group's jointly established venture arm, DG Lab Fund I Investment Limited Partnership, along with Zach Coelius.
Total customers: Entrupy’s customers include hundreds of secondary resellers, marketplaces and other retail organisations around the world. They are also testing with shipping companies as well as customs agencies to stop fake items from reaching the market in the first place.
The Melbourne Mercer Global Pension Index
The Melbourne Mercer Global Pension Index
Mazen Abukhater, principal and actuary at global consultancy Mercer, Middle East, says the company’s Melbourne Mercer Global Pension Index - which benchmarks 34 pension schemes across the globe to assess their adequacy, sustainability and integrity - included Saudi Arabia for the first time this year to offer a glimpse into the region.
The index highlighted fundamental issues for all 34 countries, such as a rapid ageing population and a low growth / low interest environment putting pressure on expected returns. It also highlighted the increasing popularity around the world of defined contribution schemes.
“Average life expectancy has been increasing by about three years every 10 years. Someone born in 1947 is expected to live until 85 whereas someone born in 2007 is expected to live to 103,” Mr Abukhater told the Mena Pensions Conference.
“Are our systems equipped to handle these kind of life expectancies in the future? If so many people retire at 60, they are going to be in retirement for 43 years – so we need to adapt our retirement age to our changing life expectancy.”
Saudi Arabia came in the middle of Mercer’s ranking with a score of 58.9. The report said the country's index could be raised by improving the minimum level of support for the poorest aged individuals and increasing the labour force participation rate at older ages as life expectancies rise.
Mr Abukhater said the challenges of an ageing population, increased life expectancy and some individuals relying solely on their government for financial support in their retirement years will put the system under strain.
“To relieve that pressure, governments need to consider whether it is time to switch to a defined contribution scheme so that individuals can supplement their own future with the help of government support,” he said.
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
COMPANY%20PROFILE
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Sarfira
Director: Sudha Kongara Prasad
Starring: Akshay Kumar, Radhika Madan, Paresh Rawal
Rating: 2/5
Killing of Qassem Suleimani
Favourite book: ‘The Art of Learning’ by Josh Waitzkin
Favourite film: Marvel movies
Favourite parkour spot in Dubai: Residence towers in Jumeirah Beach Residence