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Dubai Health City
Plans have been revealed for a mixed-use development comprising apartments, luxury hotels, retail and leisure facilities as part of Dubai Healthcare City’s Phase 2 expansion project, arabianbusiness.com reported.
Dubai Healthcare City Authority announced the joint venture with Nshama, a private developer, to establish the Al Fursan project at Al Jadaf Dubai, parallel to Al Garhoud Bridge.
The agreement will deliver an integrated community, comprising premium apartments, serviced residences, 4- and 5-star hotels, and retail and leisure facilities, spread over approximately 2.9 million square feet, a statement said.
It added that the agreement will create a dynamic living, working and recreation environment for the Dubai Healthcare City community, residents and medical tourists in Phase 2.
The project announcement comes as Dubai is seeking to position itself within the top 15 destinations in the world for medical tourism and the first in the region.
According to the Medical Tourism Destination Index (MTDI) which was published by the Medical Tourism Association in 2014, Dubai ranked 17th.
The Phase 2 of Dubai Healthcare City, spread over land area of 22 million square feet, was launched by Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai in March.
Dr Raja Al Gurg, vice-chairperson and executive director of Dubai Healthcare City Authority, said: “Our partnership is a milestone to support the vision of His Highness Sheikh Mohammed in establishing the emirate as a global medical tourism hub, and developing Dubai’s key sectors of health, retail and hospitality.”
“Nshama’s developmental model dovetails with our planning requirements for Phase 2. The project will cater to the growing demand for living choices from healthcare specialists who relocate to the emirate and from Medical tourists.”
Fred Durie, CEO, Nshama, added: “The JV is a key addition to our development portfolio. The project will be an interconnected community with walkways linking different components, offering a refreshing creek-side ambience.”
Nshama will focus solely on the development aspects such as the master plan and design, and work closely with Dubai Healthcare City to ensure optimum land use to integrate the network of high-quality, mixed-use healthcare and wellness offerings with a residential community aspect.
Read more atwww.arabianbusiness.com/dubai-healthcare-city-inks-deal-for-big-medical-tourism-project-611993.html
Source: www.arabianbusiness.com
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