Wednesday, 26 December 2007

Majan, Downtown Dubailand

Majan is a modern mixed use development incorporating residential, commercial, retail, leisure and cultural sectors, representing downtown Dubailand.

The project drives an investment of AED 15 billion within a period of three years.
Located on the Emirates Road, nearby Global Village, the 16.5 million sq ft freehold development will consist of three components: 32 per cent of the area will comprise residential units, 44 per cent will be dedicated for retail and entertainment, and 24per cent for commercial units.

The upscale project is being sold as freehold plots of land to investors, who will develop their acquired plots that comply with Mizin's design guidelines.

The main infrastructure work, comprising the road, water, and electricity networks of Phase 1, was concluded in December 2006.

Dubailand is currently developing 45 attractions expected to attract over 5 million visitors per year by 2010. It will also have around 400,000 people working and living in it.

'Majan, the downtown of Dubailand, was carefully designed to meet the business, residential, leisure and retail needs of the residents, professionals and visitors of the mega project Dubailand,' said Sami Al Hashimi CEO of Mizin, 'In addition, Mizin is placing a special effort to make sure that Majan will introduce new standards of execution and delivery. A total of 150 towers will shape the Majan skyline.'