Wednesday, September 19, 2007

Dubai Sports City - Another wonder in the making!

Dubai Sports City, the world's first purpose-built sports city, by late 2007, is on its way to open new horizons for sports and hold hands to walk the future of sports into a new era.





Dubai Sports City, will incorporate state-of-the-art sporting venues and academies along with residential and commercial developments. These will combine to offer a world class venue for sports events and activities at all levels with a residential lifestyle unrivalled in the region and possibly the world.

A place where sport is life, champions live, and legends are made. With over 50 million square feet of sporting venues, academies, exceptional homes, cultural activities and retail opportunities, Dubai Sports City is inspired by the greatest cities in the world, but at its heart beats the very essence of sport.

Venues
The state-of-the-art venues at the heart of Dubai Sports City will form a new international arena for world-class competition. The venues, each built to the specifications of the global governing bodies for the relevant sports, will host major events in football, cricket, rugby, golf, field hockey, tennis and other sports.

Academies

Dubai Sports City is home to a range of world-class sporting academies which will offer customized training programmes to participants of all ages and abilities.


Being a part of the city…living in it

Luxurious Luving

This is what Luxury finds its meaning. Here, life is surrounded by infinite options from restaurants, cafes, shopping opportunities, hotels, parks and family activities. In short, everything the modern metropolis has to offer is located in Dubai Sports City.

With Victory Heights, Gallery Villas & Canal Residence all set to redefine the definition of stylish and luxurious living set beside The Dunes, the 18-hole golf course designed by champion Ernie Els and each of them providing a masterpiece and architectural wonder ranmging ftiom Arabian to Spanish, one who has deep pockets will have what they could never have imaged before.

Community Facilities

Dubai Sports City is a carefully master planned community offering all vital facilities such as schools, medical facilities, emergency services, restaurants, cafes, entertainment venues, shops, community centres, mosques and a multitude of other facilities and services.

Retail & Leisure

Dubai Sports City offers an unprecedented shopping experience, from one of the largest malls in the region to an array of retail plazas and boutiques. With such a multitude of shops, everyone can find anything they need at Dubai Sports City.

Located just 20 minutes outskirts of Dubai, the entire development is under the ownership of Dubai Properties, the Sports City is expected to be in a unique entertainment complex and not to mention that the world is eyeing for this amazing city to be felt and lived for its wonders.

Source: Official website of Dubai Sports City


Rejoy Thomas


Contributed By : Rejoy Thomas

2 comments:

Anonymous said...

Dubai real estate property law :: Strategy
Quote (emphasis added):
Dubai's new property law, currently being debated and soon to be finalized, will inject a new burst of energy to the Emirate’s

booming property market. The ‘fuzziness’ surrounding the exact status of ‘freehold’ and ‘long term lease’ properties in ‘exempt’ areas will finally be eradicated with its ratification. So far the legal vacuum has not had a negative affect on land sales due to strong

backing by the Government of Dubai.
. . .
The current legal framework governing Dubai can generally be classified under two main categories: those laws governing properties lying in exempted areas where foreigners may buy freehold and long lease property, and the remaining areas where only UAE and Gulf Cooperation Council (GCC) nationals may own.
In essence, the Government of Dubai ‘exempts’ certain geographical locations and develops them in cooperation with quasi-government companies such as Emaar, Nakheel and Dubai Properties. Foreign ownership is the main driver for setting up these ‘exempt’ areas – an idea that is not lawfully permitted in the rest of Dubai where only UAE and GCC nationals may own land.
“Trust plays a key role in promoting the ‘exempted’ areas where no laws exist but where Dubai’s governance and courts system does have a certain amount of jurisdiction. Transactions are governed by contractual agreements between the main developers, the secondary market developers and brokers or the end buyers.”
These contracts, whether they pertain to villas, apartments or commercial space, are not considered as titles or deeds to ownership. Solving this issue is the main thrust of the new legislation, which will also include clauses to properly manage communal areas and public spaces as well as regulate new ideas, such as timeshare properties.
The law will also examine the relationships between the main developers and the secondary developers. Additionally, it will give banks the legal standing to be able to better enforce bad debt recovery and, therefore, reduce the costs of home loans to benefit the buyers.
There has, I believe, been some differences of opinion on whether property law in the UAE falls under federal or local emirate jurisdiction. The article quoted above did not address this issue.

Lukey said...

It really is amazing the diversity of offerings available to those looking to buy property in dubai. Aside from the standard developments, you have amazing places like Dubai Sports City. Choice, I love it!