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News & Media
Meydan City first phase sold out
24. May 2007The first phase of the iconic Meydan City development has sold out.
Meydan City, located at the beginning of the Dubai-Al Ain Road, adjacent to Dubai Properties (Business Bay), will be in the heart of Dubai's burgeoning new urban frontier, and within close proximity to Meydan Racecourse.
Through the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the Meydan City and Racecourse development was launched on the eve of the 2007 Dubai World Cup.
Only seven kilometres from the Dubai International Airport and a five-minute drive from Sheikh Zayed Road, Burj Dubai and Dubai Festival City, Meydan City covers more than 40 million sq ft GFA (gross floor area) on a land size of around 15 million square feet.
Meydan Chairman Mr Saeed H Al-Tayer said: "Meydan City has been snapped up quickly by investors who realise the vast potential of its location.
"With its strategic positioning as the future inner city of Dubai, coupled with its lush greenery and waterways and its proximity to Ras Al Khor Wildlife Sanctuary, it's no surprise as to just how popular the development has already become."
The plots within the self-contained community boast canal, waterfront and promenade views, and the water elements will become the normal urbanscape in Meydan City.
The centrepiece, Meydan Marina, is to be located in the core of the development and offers berthing facilities for more than 80 leisure yachts and boats.
Plans also include a tramline which will run from Meydan City to Meydan Racecourse and can carry around 10,000 people every hour.
Bicycle lanes alongside roads and parks will serve as an alternative means of clean and healthy transport, while pedestrian movement will be enhanced with around 7km of promenade walks via climate-controlled arcades.
Other features of Meydan City, include a first-rate shopping centre and superlative central park, while all retail outlets - located on the ground and first floors - will be interlinked.
Meydan City will sit alongside Meydan Racecourse, which has a target opening for the 2010 Dubai World Cup meeting and will span 76 million square feet.
Meydan Racecourse will feature a world-class grandstand and state-of-the-art dirt and turf tracks, a championship 18-hole golf course, office palaces, a five-star hotel with approximately 400 rooms and villas, while the enterprise will also serve as a major business and conference district.
For further information please contact the new Meydan Office: Telephone 04-3270000 or Fax 04-3270007.