Dubai Ruler Sheikh Mohammed  bin Rashid Al Maktoum reviewed the full masterplan for One Central, a Dh8 billion ($2.1 billion) development being managed by Dubai World Trade Centre Authority.

One Central is an integrated mixed used project totalling 540,000 sq m, including business, residential and leisure developments, inclusive of five Grade A, Leed ( Leadership in Energy & Environmental Design) Gold certified office buildings, four hotels ranging from three-, four- and five-stars with an estimated 2,000 total room capacity, said the state news agency Wam.

The project will also boast of residential towers offering 1,300 premium apartments and townhouses and a 2,500-capacity multi-purpose theatre, it stated.

Sheikh Mohammed, who is also the Vice-President and Prime Minister of the UAE, reviewed the detailed model of the One Central masterplan development and approved the progress of the project, said the report.

He highlighted the importance of the One Central project, which will create a new destination facilitating international trade and commerce, attracting multinational businesses to set-up and expand in the region, through the establishment of permanent representative offices or new regional headquarters in the UAE and Dubai specifically, it added.