The groundbreaking ceremony was attended by senior representatives from the Dubai Healthcare City Authority (DHCA), Global Partners Ltd, Mirage Leisure and Development, OCTA Properties, BAUER Spezialtiefbau GmbH and Marriott International.
New branded residences planned
Dubai Creek Gardens will include a mix of residential properties, along with retail and dining outlets. It will also feature the UAE’s first Westin and Renaissance branded residences, developed in partnership with Marriott International
The project is expected to add to DHCC Phase 2’s growing residential, hospitality and lifestyle offering, while supporting Dubai’s wider plans to create greener and more liveable communities.
The development is aligned with the Dubai Quality of Life Strategy 2033 and the Dubai 2040 Urban Master Plan, both of which place greater emphasis on sustainable development, green areas and recreational facilities.
As part of efforts to attract long-term investment to Dubai, DHCA has also become a founding shareholder of the Global Partners Property Fund II. The fund is intended to support investment contributing to the continued development of DHCC.
Investor confidence remains strong
Issam Galadari, chief executive officer of Dubai Healthcare City Authority, said the Dh3 billion investment reflected continued investor confidence in DHCC Phase 2.
“Developments of this scale and quality contribute to our vision for the destination by creating an environment where people can live, work and access world-class healthcare and wellness services within one connected ecosystem,” he said.