Global developer gears up for world’s premier real estate summit

Limitless, the global master development arm of Dubai World, is en-route to France to showcase nine projects – valued at over US$100 billion – at MIPIM, which kicks off in Cannes on 11 March.

Limitless – exhibiting at MIPIM for the first time – will display developments in Malaysia, Jordan, Russia, India, Vietnam, Saudi Arabia and the UAE. Among them: Malaysia International Halal Park, announced last week;  Limitless Towers, unveiled in Jordan earlier this month; Arabian Canal, the 75km man-made waterway under construction in Dubai; and Halong Star in Vietnam which, in December 2007, became Limitless’ first overseas project to break ground. 

Saeed Ahmed Saeed, Chief Executive Officer of Limitless, said: “The Limitless philosophy of delivering distinction applies to every aspect of our work, including the partners we choose to work with, the developments we produce and the people we employ.  AT MIPIM we will show how our developments will add a new dimension to the way millions of people will live and work – for generations to come – in many parts of the world.

“Limitless was formed less than three years ago with the aim of taking the Dubai real estate experience international. We have made a remarkable start in establishing ourselves as a leading, highly respected global master developer, with nine projects underway, eight overseas offices and some of world’s most talented, experienced people working for us. And we are growing day by day, constantly adding more and more people, places and projects – many of which will be announced this year – to our portfolio.”
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On show at the Limitless stand (LR4.01) at MIPIM:
• Malaysia International Halal Park, Selangor State, Malaysia: The world’s first fully-integrated Halal centre and one of two projects for Limitless in Malaysia, this 1115 hectare complex includes homes for 200,000 people, food manufacturing plants, training and research centres, offices, entertainment and retail facilities
• Limitless Towers, Amman, Jordan: US$300 million, 200 metre residential twin towers that will be the tallest buildings in Jordan. Towers will be connected by the world’s highest suspended swimming pool, 125 metres above Amman. First ‘green’ building in the country, with 600 luxury apartments as well as a retail, entertainment and leisure plaza
• Moscow, Russia: 113 hectare development near Moscow, with 4,500 homes as well as schools, retail and commercial elements. The project is a 50-50 joint venture with leading Russian developer RDI, and will accommodate around 12,000 people

• Residential North, Puteri Harbour, Malaysia:  US$450 million, 44 hectare development of landed waterfront homes – with individual berthing – and high-end condominiums. A 60-40 joint venture with UEM Land, this will be the country’s first luxury waterfront enclave

• Al Wasl, Riyadh, Saudi Arabia: US$12 billion, 1,400 hectare mixed-use development near Riyadh, including 60,000 homes as well as mosques, educational facilities, offices, shopping malls and hotels

• Arabian Canal, Dubai, UAE: US$11 billion, 75 km man-made waterway – the biggest and most complex civil engineering project ever undertaken in the Middle East. Limitless is also master planning a US$50 billion, 20,000 hectare canalside ‘city’ as part of the project

• Bidadi, Bangalore, India: US$12 billion, 4,000 hectare mixed-use development, including 1,000 hectares of office/commercial space, near Bangalore. The first of five new towns planned by the Government for the outskirts of the city, Bidadi will provide house up to 750,000 people

• Halong Star, Halong Bay, Vietnam: US$220 million, 125 hectare mixed-use development with residential units, hotels, and education, cultural and recreational facilities, overlooking Halong Bay, a UNESCO-sanctioned world heritage site

• Downtown Jebel Ali, Dubai, UAE: US$13 billion, 200 hectare sustainable, mixed-use development consisting of four quarters, each with its own iconic, individually-themed plaza.  Downtown Jebel Ali will have nearly 330 buildings, including 237 residential towers

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