Wednesday, May 30, 2007

Phase One of Meydan City witness hundred percent sales

Phase one of the Meydan City development, located at Dubai-Al Ain Road, next to Dubai Properties, in close contact with Meydan Racecourse, has already been sold out.

Located seven kilometers from the Dubai International Airport, and only a five minutes drive from Burj Dubai, Shaikh Zayed Road and the Dubai Festival City, Meydan City occupies 40million Sq.ft of space in about fifteen million square feet of land.

The Chairman of Meydan, Saeed Al Tayer, mentions that the Meydan City has been quickly purchased by the investors who are well aware of the potential of such a 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", he adds.

The plots in the community has waterfront, canals and promenade views.

The Meydan Marina, the centerpiece is likely to be located at the heart of the development offering more than eighty luxury boats and yachts. A tramline is also planned to be included, which is likely to operate from the Meydan city to Maydan Racecourse, carrying about ten thousand passengers every hour.

The Maydan Racecourse is likely to be opened by the time of Dubai World Cup meeting 2010, and will cover 76million sq.ft. of land area.

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