Marasi Business Bay: Water homes, floating hotels in heart of Dubai

Dubai Properties Group (DPG), the real estate arm of Dubai Holding, on Tuesday launched Dh1 billion Marasi Business Bay on the stretch of the Dubai Water Canal that will house water homes, floating restaurants and beach club, and a 1,250 berth marina.

Mohammad Abdulla Al Gergawi, Chairman, Dubai Holding, said: “The new project will strengthen the historic relationship between Dubai and its creek through the addition a new dimension to the residential, tourism and leisure offerings along the Dubai Creek.”

 He added: “Our objective is to create innovative and unique developments, that accentuates the essence of Dubai’s culture and heritage, and presents what the future Dubai looks like; a city that enriches the lives of its residents and visitors alike through unparalleled lifestyle experiences, adding value for investors and Dubai's economic diversification.”