The Dolphin Residence launched in Dubai Maritime City

Dubai Maritime City (DMC) said on Wednesday it has joined hands with Sharaf Investments and Al Ali Property Investment (API) to develop “The Dolphin Residence” within DMC into a high-end freehold mixed use development complete with offices, private residences, a four star hotel, shopping mall, mosque, parking lot and leisure facilities.

The project will begin immediately and the building, with an approximate allowable built up area of 1,384,496 square feet, will be redesigned and remodeled in a phased manner with the initial phase concentrating on the re-doing of the interiors based on contemporary interior design concepts and including the latest materials.

L to R - Mr. Sharafuddin Sharaf, HE Khamis Juma Buamim, Mr.Mr. Mohammed Abdulrahim Al Ali

The project will be completed within three years.

The partnership deal was signed by Khamis Juma Buamim, Chairman, DMC and Sharafuddin Sharaf, Vice Chairman of Sharaf Investments and Mohammed Abdulrahim Al Ali, Chairman of the Board, Al Ali Property Investment.

DMC will offer ship owners, ship management companies, marine protection and insurance and ship operators the opportunity to rent or buy office space at preferential rates.

Buamim said; “This partnership will help to develop a new model of co-operation in developing the maritime sector and strengthen it in accordance to the vision of our wise leadership.”

Dubai Maritime City, which is over 2.27 million square metres in area, has been re-engineered to encourage a community lifestyle supported by high infrastructure for the marine industry and business.

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