Dubai Municipality announces investment opportunities for major Dubai parks
Dubai Municipality has announced several investment opportunities across some of Dubai's major parks, including event spaces and allocation of different areas for F&B and small shops.
Dawoud Al Hajri, director general of Dubai Municipality, said the Municipality aims to support and encourage investment and facilitate business for local and foreign investors in the emirate.
"Dubai Municipality is making significant contributions by providing a conducive and encouraging environment for foreign and domestic investment, which will raise the emirate's GDP, enhance its economy, ensure that it maintains its competitiveness and leadership, and continues to make progress in all economic sectors to become the first choice for investors and businessmen looking for the best havens and investment opportunities," he said.
The six major parks include Creek, Zabeel, Mushrif, Mamzar and Safa, in addition to the Quranic Park which has recently opened - taking two ywars to complete - by Dubai Municipality in Al Khawaneej on an area of 64 hectares, with a total cost of approximate;y Dhs130 million.
"The aim of these opportunities is to invest approximately 10% of the area of each park to implement investment projects to serve the community and raise the level of happiness of visitors to public parks, in addition to optimizing the resources and assets available to the Municipality," said Najeeb Mohammed Saleh, director of Planning Department at Dubai Municipality.
Many of the six major parks already have a number of amenities and services, including picnic areas, beach access, entertainment and recreational sites, and specific offerings from women and childeren.
There has been a rise in projects across the Emirate's that highlight the public realm, led by various developers in the country as well as architects and urban planners. One of such projects includes the new Al Seef development on Dubai's Creek created by 10 Design, and the Tashkeel Zen Garden by Loci.
Public spaces that have been abandonded and fallen into decay are also seeing investment to fund their revival, such as Dewan's Award for Architecture, with the second edition focusing on the rejuvination of Umma Park in Baghdad.