The first phase of a project to transform one of Dubai’s most historic districts is nearly complete, officials said.
Construction of one of the main parts of the Deira Enrichment Project is in its final stages, with handover of residential and business units expected in the next few months.
Five of the 20 districts being built in the first phase will be open to residents and visitors this summer. They will comprise shops, offices and residential apartments.
The project includes waterfront residences overlooking The Creek and an extension of the Deira Souq.
Ithra Dubai, the project's master developer, said the bustling centre would add to the “rich tapestry” of one of Dubai’s most popular neighbourhoods.
Launched in 2017, the expansion project set out to mix the past with the present.
When complete, 55.7 hectares under phase one will house more than 50 mixed-use buildings including eight hotels, 2,200 residential units and 40 restaurants.
Visitors will be able to enjoy the outdoors with four neighbourhood parks and eight swimming pools.
Along the coast of Dubai near Port Rashid, mid-rise modern buildings will help to breathe new life into an historic area.
Lachlan Gyde, executive director of asset management at Ithra Dubai, said the impending completion of districts one, two, three 11 and 13 was a significant milestone.
Mr Gyde said the project was an “embodiment of the Dubai Vision” and its modern architecture promotes environmental sustainability.
With waterfront apartments, interconnected plazas, two Dubai Metro stations and a water taxi station, the development will expand into the busy Deira Souq, which will become the centre of the district.
Paying homage to the tradition of trade in Deira, the development will expand the souq to become the district's centrepiece.
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Evacuations to France hit by controversy
- Over 500 Gazans have been evacuated to France since November 2023
- Evacuations were paused after a student already in France posted anti-Semitic content and was subsequently expelled to Qatar
- The Foreign Ministry launched a review to determine how authorities failed to detect the posts before her entry
- Artists and researchers fall under a programme called Pause that began in 2017
- It has benefited more than 700 people from 44 countries, including Syria, Turkey, Iran, and Sudan
- Since the start of the Gaza war, it has also included 45 Gazan beneficiaries
- Unlike students, they are allowed to bring their families to France
The specs: 2018 Volkswagen Teramont
Price, base / as tested Dh137,000 / Dh189,950
Engine 3.6-litre V6
Gearbox Eight-speed automatic
Power 280hp @ 6,200rpm
Torque 360Nm @ 2,750rpm
Fuel economy, combined 11.7L / 100km
Company info
Company name: Entrupy
Co-founders: Vidyuth Srinivasan, co-founder/chief executive, Ashlesh Sharma, co-founder/chief technology officer, Lakshmi Subramanian, co-founder/chief scientist
Based: New York, New York
Sector/About: Entrupy is a hardware-enabled SaaS company whose mission is to protect businesses, borders and consumers from transactions involving counterfeit goods.
Initial investment/Investors: Entrupy secured a $2.6m Series A funding round in 2017. The round was led by Tokyo-based Digital Garage and Daiwa Securities Group's jointly established venture arm, DG Lab Fund I Investment Limited Partnership, along with Zach Coelius.
Total customers: Entrupy’s customers include hundreds of secondary resellers, marketplaces and other retail organisations around the world. They are also testing with shipping companies as well as customs agencies to stop fake items from reaching the market in the first place.
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