Dubai:Nakheel to deliver more than 1000 homes at Waterfront this year

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Nakheel to deliver more than 1000 homes at Waterfront this year

- 1042 homes in the Manarah District, Badrah on schedule

Dubai, 1 February 2009: Nakheel, Dubai’s master developer, today announced that construction of 1,042 new homes in the Manarah District in Badrah, Waterfront is nearly 40 per cent complete, with all of these properties due to be handed over by the end of the year.

The Manarah district makes up more than one third of Badrah, the first active gateway to the Waterfront – the world’s largest masterplanned waterfront development. Waterfront covers an area twice the size of Hong Kong and will become home to 1.5 million people.

Much of the major utilities infrastructural work at Stage One of Manarah is also now complete – with 75 per cent of the networks and facilities in place to provide drinking water, and 80 per cent of sewerage, storm-drain and irrigation infrastructure complete. In addition, two thirds of the telecommunications network has been installed. Work on the community’s transport systems is also underway, with 15 per cent of the single and dual carriageways in the district now complete.

Marwan Al Qamzi, Managing Director Waterfront & Palm Jebel Ali, Nakheel said:
“We’re making great progress here at Badrah. More than 1,000 new homes in Manarah are now taking shape, with residents set to take ownership by year end. Of course, our communities are about much more than simply buildings so we’re also busy laying down all of the essential elements for successful living environments – from roads to water, energy to entertainment.

“A critical element in throughout Waterfront is sustainability, and Manarah will become an exemplar development for environmental efficiency and a welcome home for those striving for a greener lifestyle.”

There are four districts in Badrah, each connected by a central boulevard: Manarah includes residential, educational and civic amenities; Diaa has a high proportion of residential buildings and amenities; Talla has a larger mix of offices; and Bahaa focuses on retail and leisure elements.

While designed with sustainability and affordability as key factors, Badrah will be built to very high standards. All buildings will meet LEED (Leadership in Environmental Design Green Building Rating System) ratings performance standard as a minimum. This will result in lower maintenance and running costs as energy and water consumption is substantially decreased.