Net profit (after tax) up 32% per cent y-o-y to Dh1.45 billion
Announcing the new project yesterday, Eng. Abdul Rahman Al Sharid, Director of the General Projects Department at the municipality, noted that construction of the project is expected to start in June.
"Dubai Municipality has decided to develop the creek entrance corner into a well-developed landscape plaza, given its significance as the entrance for sea-traders of the city. Once completed, the area would offer people a breathtaking sight of the creek. Besides, they can enjoy the ocean and the serenity of the surroundings from the plaza," Mr Al Sharid said.
The site level, he added, would be modified into a series of slopes, gradually sloping down towards the ocean with the highest elevation of 6.50 meters from the sea level, while wide walkways have been carefully designed in circular setting with chosen type of paving materials, pattern and colour.
Semi-circular sitting areas were strategically placed along walkways and the area would be illuminated softly by night to blend with the ambience of peaceful surrounding.
Explaining the design of the upcoming project, Mr Al Sharid said, "Interconnecting ramps between two different levels of walkways are also considered, beautified by rows of palm trees and seasonal flowers on both sides. The palms will be highlighted by up-lights during the night that will gain an impression from all sea crafts entering the creek."
He added that the main feature in this plaza would be a dhow structure surrounded by water. "It gestures an invitation for traders to come," Mr Al Sharid said.
Surrounding pavements are made of fan-shaped pattern in different colours. There will be an entrance from the round-about pedestrian tunnel and two accesses from Al Khaleej Road with ample space for parking, he said.
"People who love to stroll, jog or even to have a casual walk will find this new landmark as the best place to unwind and escape from the daily pressures of life," Mr Al Sharid said.
Net profit (after tax) up 32% per cent y-o-y to Dh1.45 billion
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