1st phase of Marasi Bay in 2017

The first phase of Marasi Business Bay, comprising of The Marina and The Park, is scheduled to be ready by Q4 2017.

Dubai Properties Group (DPG) announced that the iconic Marasi Business Bay development is on schedule and will be completed by 2023, transforming the Business Bay promenade and marina as the city’s next waterfront landmark. Located along the Dubai Water Canal on the extension to the Dubai Creek, the region’s first ever purposebuilt yachting destination will become synonymous with the best of what Dubai has to offer as a global business and tourism hub ahead of the World Expo 2020.

Marasi Business Bay is divided into three themed main areas – The Marina, The Park and The Pier. Phase 1, comprising The Marina and The Park, is on schedule for delivery in Q4, 2017.

Abdulla M. Lahej, CEO, Dubai Properties

Group (DPG), said, “The Marasi Business Bay destination will send residents and visitors to Dubai on a journey of discovery into the new world of waterfront living never seen before in the UAE.

In line with the country’s vision for 2021 and beyond, this new floating lifestyle destination will play a key role in supporting the government to realise its vision of enhancing Dubai’s iconic status as the fourth most visited city in the world by reinvigorating the historic Dubai Creek and boosting tourism in the Business Bay area.”

As part of the first phase, ‘The Marina’ will bring to the UAE the first-ever water-homes, which are being built on water with pedestrian and boat access, provide unparalleled direct water views. Marasi Business Bay has new and exciting public spaces at its heart, including the longest water-side promenade in the Emirate of Dubai, spanning almost 12 kilometers. The Park, also a part of Phase 1, comprises a sprawling 50,000 square meter area, including 16 parks with water features, play areas, and interactive furniture, as well as an events space with an amphitheater, outdoor cinema and weekly markets.