Dubai Maritime City launches Dh2.5bn realty project

Dubai Maritime City (DMC) on Tuesday announced launch of its Dh2.5 billion mixed-use Business District on 227-hectare man-made peninsula between the Drydocks World and Port Rashid.

The 121-hectare Business District will serve as the main business growth engine of DMC, accounting for nearly 90% of its projected total income in 2013. It includes a maritime centre, harbour offices and residences, a marina, an academic quarter and a hotel.

Article by Links Group on Dec 21st 2011