Overseas property news - Dubai set for 'dramatic developments'

Dubai set for 'dramatic developments'

Officials in Dubai have revealed their plan to attract more tourists to the region….

Khalid Ahmed bin Sulayem, Director General of Dubai Tourism and Commerce Marketing (DTCM) revealed: We wants annual visitor numbers to rise from seven million to ten million by 2010. To achieve that, we are working to implement various new initiatives and strategies.

He commented: "The next three years will see the most dramatic developments in tourism projects, and Dubai will continue to be a "frontrunner" in attracting visitors to this part of the world.

This announcement comes in the same week UAE Prime Minister Sheikh Mohammed bin Rashid Al Maktoum revealed that a new $55 billion eco town is to be built in the Centre of Dubai.

The project - which aims at preserving the environment and increasing greenery in Dubai -  will be named the 'Shaikh Mohammad Bin Rashid Gardens', and will be located between Al Khail Road and Emirates Road on a plot of over 850 million square feet.

About 73% of the development will be dedicated to green and open spaces and 10% will be allocated to waterways.

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