Development will be part of Dubai Healthcare City’s phase two expansion
The new joint venture will deliver the Al Fursan community comprising apartments, serviced residences, and hotels. Credit: Supplied
Dubai Healthcare City Authority has announced a joint venture with the developer Nshama to build a mixed-use medical tourism development.
The development will be part of Dubai Healthcare City’s 22 million sqf phase two expansion project in Al Jadaf, parallel to the Al Garhoud Bridge.
The joint venture will deliver the Al Fursan community comprising apartments, serviced residences, 4- and 5-star hotels, and retail and leisure features, spread over approximately 2.9 million sqf.
The partnership with Nshama is a milestone towards establishing Dubai as a global medical tourism hub, said Dr Raja Al Gurg, vice-chairperson and executive director of Dubai Healthcare City Authority.
“Nshama’s developmental model dovetails with our planning requirements for phase two. The project will cater to the growing demand for living choices from healthcare specialists who relocate to the emirate and from medical tourists.”
Dubai-based Nshama will focus on the development aspects such as the master plan and design, according to a company statement.
“The JV is a key addition to our development portfolio,” said Fred Durie, Nshama CEO. “The project will be an interconnected community with walkways linking different components, offering a refreshing creek-side ambience.”
source: http://www.meconstructionnews.com / ME Construction News.com / Home> News> Construction> Dubai Healthcare City / by Jerusha Sequeira / November 12th, 2015
