Sunday, October 21st, 2007...3:06 pm
Bawadi of Tatweer and Emaar join hands on AED 60 Billion Development

albawaba.com reports that Bawadi and Emaar have joined hands on the AED 60 Billion project.
Bawadi, a member of Tatweer, and Emaar Properties PJSC, the property developer with a significant presence in 16 countries, have joined hands to develop 70 million sq ft of land in Bawadi, the largest hospitality and leisure development in the world, located in Dubailand.
About Bawadi - A place to live, work and play, the new development will have a total built-up area of 60 million square feet. Multiple business hubs will offer a total of 2.7 million square feet of commercial space while the shopping mall and high street retail properties will offer 3.2 million square feet of retailing activity. The boulevard will be fringed by six hotels offering 5,150 keys and 1,200 serviced apartments to serve the influx of tourists and visitors. The residential community will feature 18,000 residences, comprising a mix of low-rise villas and townhouses as well as high-rise towers with modern finishes. Lush, green parks and lakes will be an integral part of the developmentās landscape. Master-planning for the project is expected to be completed in six months and work will commence soon after.
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