A view of the Crystal Lagoon at Sharm El Sheikh in Egypt.
World’s largest manmade lagoon to come up in Dubai
Dubai, October 2, 2013
Crystal Lagoons Corporation, the patented technology developer of giant crystalline lagoons, is set to develop the world’s largest crystalline manmade lagoon at an upscale $7 billion residential community in Dubai, said a senior company official.
The multinational lagoon giant marks its return to Cityscape in Dubai next week with its latest and grandest project to date, which once completed will be entered into the Guinness Book of World Records.
Crystal Lagoons has signed a deal to construct the world’s largest manmade lagoon, covering 40 hectares, almost four-times bigger than the world’s largest existing lagoon, revealed Crystal Lagoons CEO Kevin P Morgan ahead of Cityscape Global 2013, the leading real state event in the Middle East which will run from October 8 to 10 in Dubai.
Located in the upscale Mohammed Bin Rashid City – District One residential community in the heart of Dubai, the lagoon will form an integral part of the $7 billion project, he explained.
Mohammed Bin Rashid City – District One is a prestigious joint venture between Dubai-based Meydan Group and Real Estate developer, Sobha Group.
The new lagoon with its expansive custom-made beaches, which offer unlimited scope for swimming, water sports and other water-based leisure activities, will be a core amenity within the District One’s 47 million sq ft of freehold land.
This expansive development will feature luxury residences, green parklands, waterways, a high end shopping and dining pavilion and large recreational spaces creating one of the lowest density developments in the heart of any international city.
Commenting on the project, Morgan said: “Caribbean landscapes are no longer exclusive to tropical destinations. Our pioneering concept and state-of-the-art technology, which allows for sustainable, swimmable, turquoise lagoons of unlimited sizes to be built and maintained at low cost anywhere in the world, is proving extremely popular with our growing list of partners across the Middle East.”
"Dubai gives us an outstanding strategic position in the Middle East, and the opportunity to participate in a world-class development that adds prestige to our current project portfolio," he stated.
Mohammed Bin Rashid City (MBRC) is a planned mixed-use development containing four components; family tourism, retail, the arts and entrepreneurship and innovation. One interesting feature will be a public park larger than Hyde Park in London.
According to Morgan, Crystal Lagoons’ global portfolio of 250 projects located in 50 countries includes five high-profile Middle East-based developments.
The company has completed two lagoons in the popular Egyptian resort of Sharm El Sheikh - including currently the world’s largest lagoon at 12 hectares – and another completed project in Jordan, along with two other projects under development in Oman and the UAE.
“As the only company in the world offering this concept and technology, we continue to expand globally and revolutionize the real estate market by partnering with international developers and resort operators to improve overall sales prices, velocity, and project densities," remarked Morgan.
"Based on our track record in the Middle East, we have proven that our technology can add value to a top destination, making beachfront real estate a reality anywhere in the world," he added.
Morgan emphasises the region’s attractiveness as investment in tourism infrastructure continues to outpace other global markets.
Crystal Lagoons’ portfolio of regional projects also includes the completed 4.29-hectare Dead Sea Lagoon in Jordan, a project developed in partnership with Turath for Tourism & Real Estate Projects, and the under development 4-hectare lagoon located within the new Barka Resort in Oman.
The Alargan-developed resort is situated 50 km west of the capital, Muscat, and the lagoon has become the focal point of the community, which also offers three hotels, serviced apartments, villas, townhouses, apartments and a souk.
With the announcement of its new Dubai project, Crystal Lagoons is also on the way to securing its third Guinness World Records’ title for the world’s largest swimming pool, building on the success of its San Alfonso del Mar, Chile, and Sharm El Sheik, Egypt, locations, he added.-TradeArabia News Service