The Meydan Group, developer of the Meydan Racecourse, announced a major new community development and tower project on the first day of Cityscape Global.
Hadaeq Sheikh Mohammed Bin Rashid is a new 190,000m2 housing scheme in Nad Al Sheba, Dubai. The development will feature canals and lagoons, incorporating English, French and Japanese landscaping.
The entire water network will run over alongside a horse-riding trail, walking and jogging paths, bicycle track and other sports amenities.
The Meydan Group also relaunched its stalled 72-storey Meydan Tower in Sheikh Zayed Road, originally proposed by the group in 2009 as its first venture outside its key Meydan City development.
Meydan Tower will contain homes, offices, shops and hotels, as well as one of the largest spa and fitness centres in the region, featuring an indoor running track and tennis courts.
“As the strategic vision of H.H. Sheikh Mohammed bin Rashid Al Maktoum [Vice President of the UAE and Ruler of Dubai], Meydan has always sought to play an active role in growing Dubai’s famed urban landscape.
“Our projects have been designed to position Dubai at the forefront of innovation and progress, and we look forward to furthering this vision with these signature developments,” said Saeed H. Al Tayer, the chief executive of the Meydan Group.