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UAE Freezones Biz News Updates
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World’s largest manmade lagoon to be built in Dubai
Featured
Egyptian resort of Sharm El Sheikh. World’s largest manmade lagoon to be built
in Dubai (photo for illustrative purposes only)
World’s largest manmade lagoon to be built in Dubai with the possible entry
into the Guinness Book of World Records
Crystal Lagoons Corporation, the patented technology developer of giant
crystalline lagoons has announced that it will construct the world’s largest
manmade lagoon in Dubai - which once completed will be entered into the
Guinness Book of World Records
The world’s largest manmade lagoon will cover 40 hectares, almost four-times
bigger than the world’s largest existing lagoon. Located in the upscale
Mohammed Bin Rashid City – District One residential community, located in
the heart of Dubai, the lagoon will form an integral part of the US$7
billion project. Mohammed Bin Rashid City – District One is a prestigious
joint venture between Dubai-based Meydan Group and Real Estate developer,
Sobha Group.
The new lagoon with its expansive custom-made beaches, which offer unlimited
scope for swimming, water sports and other water based leisure activities,
will be a core amenity within Mohammed Bin Rashid City – District One’s
fourty seven million square feet of freehold land. This expansive
development will feature luxury residences, green parklands, waterways, a
high end shopping and dining pavilion and large recreational spaces creating
one of the lowest density developments in the heart of any international
city.
“Caribbean landscapes are no longer exclusive to tropical destinations. Our
pioneering concept and state-of-the-art technology, which allows for
sustainable, swimmable, turquoise lagoons of unlimited sizes to be built and
maintained at low cost anywhere in the world, is proving extremely popular
with our growing list of partners across the Middle East,” said Kevin P
Morgan, CEO, Crystal Lagoons.
“Dubai gives us an outstanding strategic position in the Middle East, and
the opportunity to participate in a world-class development that adds
prestige to our current project portfolio,” he added.
Mohammed Bin Rashid City (MBRC) is a planned mixed-use development
containing four components; family tourism, retail, the arts and
entrepreneurship and innovation. One interesting feature will be a public
park larger than Hyde Park in London.
Crystal Lagoons’ global portfolio of 250 projects located in 50 countries
includes five high-profile Middle East based developments. The company has
completed two lagoons in the popular Egyptian resort of Sharm El Sheikh –
including currently the world’s largest lagoon at 12 hectares – and another
completed project in Jordan, along with two other projects under development
in Oman and the UAE.
“As the only company in the world offering this concept and technology, we
continue to expand globally and revolutionize the real estate market by
partnering with international developers and resort operators to improve
overall sales prices, velocity, and project densities. Based on our
track record in the Middle East, we have proven that our technology can add
value to a top destination, making beachfront real estate a reality anywhere
in the world,” said Morgan.
The company is currently in discussions for a number of exciting new tourism
projects in Saudi Arabia, Qatar, the UAE and Egypt, and Morgan emphasises
the region’s attractiveness as investment in tourism infrastructure
continues to outpace other global markets.
Crystal Lagoons’ portfolio of regional projects also includes the completed
4.29-hectare Dead Sea Lagoon in Jordan, a project developed in partnership
with Turath for Tourism & Real Estate Projects, and the under development
4-hectare lagoon located within the new Barka Resort in Oman. The Alargan-developed
resort is situated 50 kilometres west of the capital, Muscat, and the lagoon
has become the focal point of the community, which also offers three hotels,
serviced apartments, villas, townhouses, apartments and a souk.
With the announcement of its new Dubai project, Crystal Lagoons is also on
the way to securing its third Guinness World Records’ title for the world’s
largest swimming pool, building on the success of its San Alfonso del Mar,
Chile, and Sharm El Sheik, Egypt, locations.
The only global company with the technological capability to make the
development of giant bodies of water economically viable, Crystal Lagoons is
positioning itself as offering a unique product differentiator to
high-profile tourism and real estate projects around the world.
Its technology makes it possible for people to enjoy an authentic beach
experience in previously unimaginable locations, such as the desert or in
the centre of major cities, with the potential to add economic value to new
tourism destinations and real estate projects.
Crystal Lagoons uses up to 100 times less chemicals than traditional pool
systems and only two per cent of the energy required by conventional
filtering technologies, making the lagoons incredibly sustainable.
The largest real estate event in the Middle East, Cityscape Global 2013 took
place from 8-10 October 2013 at the Dubai International Convention and
Exhibition Centre.
Oct 2, 2013 |
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Courtesy Arabian Gazette
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