Dubai Municipality is redesigning the Port Saeed area of Dubai with the objective of turning the area into a well-developed, modern neighbourhood.
The project seeks to develop the urban environment of Port Saeed, totalling 30,000 hectares, by providing plots where outstanding projects can be set up, thereby increasing their financial returns.
The municipality has held a meeting with landlords in the area, which is surrounded by Al Ittihad Road, Al Muraqabat Road, Abu Bakr Al Siddique Road, and Al Maktoum Road.
As part of the project, roads in the area will be modified and enough parking spaces will be provided along with other necessary infrastructure services and public utilities.
The meeting was attended by Eng Hussein Nasser Lootah, assistant director general of Dubai Municipality for Environment and Public Health Affairs; Abdullah Abdulrahim, director of the Planning and Survey Department; and Eng Nasser Hamad Bushehab, head of the Planning Studies Section.
Bushehab said the project's objectives included providing public services according to approved standards, creating urban squares where residents and visitors can meet, enhancing street lighting in the area and providing shades during the daytime, improving advertisement hoardings, giving the area a modern urban look, reducing pressure on the adjacent areas vis--vis the parking space, and attracting major investments that take into account the importance of the area.
Abdulrahim said the existing buildings in the area would be demolished and each landlord would be compensated for the number of shares they own and as per the current rental value of their plots.
He said there would not be any high-rise towers in the area under the new plans because the area's specifications would not suggest building towers there.
"What we have for this area at present is to restructure the existing buildings. We explained this point to the landlords, most of whom welcomed the idea. They need not spend any money for the restructure plan, because there is a funding authority for this project with the returns being offered to the landlords," said Abdulrahim.
He said construction in the area would exceed the present number of buildings and the financial return would be higher than the present.
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