Dubai developer Nakheel will restart work on part of one of the three palm-shaped islands that came to symbolise the excesses of the emirate's boom years, the company chairman said, in a sign Dubai is bouncing back from its financial crisis.
Dubai’s master developer, Nakheel, has announced that design work of three 12-lane bridges connecting Palm Deira to mainland Deira has been completed.
The bridges will cost an estimated Dh1.980 billion ($539 million).
Dubai's Nakheel Properties on Friday said work on Palm Deira is ongoing as planned denying reports that it had scaled back dredging work on the project over the global financial crisis.
'The focus of our activity is currently being
Hyder Consulting Middle East has clinched a key contract from Nakheel to design the architectural concept of all the 44 long-span bridges on Palm Deira.
An award-winning international advisory and design consultancy, Hyder Consulting, was
The Palm Deira has started work on the first phase of its Palm Deira Corniche, being developed at a cost of around Dh300 million ($81.7 million).
The 9 km-long and 30-m wide corniche will comprise a string of leisure facilities, parks and