Dubailand yesterday announced that Dubai Bazaar will be built near the famed city centre, the grand entrance to Dubailand. The organisers said the project has been allocated two million square feet of prime land. Leading UAE business house Leader Group will develop the unique project at an estimated cost of 500 million dirhams. The signing ceremony took place at Dubailand offices in Emirates Towers.
Abdul Raheem Tayeb Al Awadhi, Leader Group chief executive officer, and Salem bin Dasmal, Dubailand CEO, signed the contract. Present at the event was Samir Tayeb Al Awadhi, vice-chairman of Leader Group. "We're very pleased to welcome Leader Group to Dubailand," said its CEO following the signing ceremony. "We believe that Leader Group will build one of the finest structures Dubailand.
"Dubai Bazaar shall be a pleasure to visit, browse and shop in," said the Dubailand CEO.
Dubailand has been set up by its promoter Dubai Development and Investment Authority to oversee and manage the region's best and largest lifestyle, tourism, entertainment and leisure complex. It's expected that the vast complex will receive investments worth 20 billion dirhams in its first phase of development.
Al Awadhi said Dubai Bazaar will be the first traditional Islamic marketplace of this magnitude in the region. "Not only will it be located in a development likely to see a 200,000-strong footfall per day, its own size of 2 million square feet sets it apart from any other similar facility in the region or even the world. "The planning and design of Dubai Bazaar is a celebration of a great tradition.
"The Islamic architectural design of Dubai Bazaar will capture the true spirit of traditional Islamic marketplaces. Among the attractions will be included several musical and artistic activities where groups from all countries of the Muslim world will be invited."
© Bahrain Tribune 2004
