Dubai Properties (DP) will open the Marasi Business Bay Promenade in November to coincide with the opening of the Dubai Water Canal being built by the Roads & Transport Authority (RTA).
More than 10 km of the 12-kilomentre canal promenade and surrounding infrastructure, including paving of open areas has been completed to date.
Marasi Business Bay Promenade will have a number of options for entertainment, leisure, retail with and outdoor public facilities.
Abdulla M. Lahej, Group CEO of Dubai Properties (DP) said: The Business Bay landscape will be redefined with the opening of the Marasi Business Bay Promenade and the Dubai Water Canal.
Visitors and residents in this area, which has been known more for its commercial activities, will now have a unique venue in the heart of the city where they can enjoy a new active, urban lifestyle at the citys next iconic fitness and leisure destination.
The regions first ever purpose-built yachting destination located along the Dubai Water Canal on the extension to the Dubai Creek is divided in to three uniquely themed main areas – The Marina, The Park and The Pier.
Phase 1 of the Marasi Business Bay destination, comprising The Marina and The Park, is on schedule for delivery in Q4 2017 while the full development should be complete by 2023.
Also as part of Phase 1, the UAEs first-ever water-homes, which are being built on water with pedestrian and boat access, are under construction and have attracted high-levels of local and international interest.
The 50,000 sq.m. Park area will include 16 parks with water features, play areas, and interactive furniture, as well as an events space with an amphitheater, outdoor cinema and weekly markets.
The Marina will feature five palm tree-lined marinas with 1,250 berths, alongside more than 100 floating retail and F&B outlets, an assortment of onshore boutique shopping, leisure and entertainment facilities as well as a range of local and international businesses.
Marasi Business Bay has direct connectivity to the citys main transport arteries – Sheikh Zayed Road and Al Khail Road and it is located within 550 metres of Downtown Dubai.