Dubai Healthcare City Authority, Nshama announce JV for development

Present during the signing were Dr. Raja Al Gurg, VP and executive director of Dubai Healthcare City Authority; Dr. Amina Al Rustamani, Group CEO – TECOM Investments and board member of Dubai Healthcare City; other board members of the Authority; Nshama CEO Fred Durie; and senior officials from Nshama and Dubai Healthcare City.

Dubai Healthcare City Authority has announced a joint venture with Nshama to establish a mixed-use development in Phase 2 of the city’s wellness expansion project at Al Jadaf Dubai, parallel to Al Garhoud Bridge. 

The agreement will deliver an integrated community, named Al Fursan, that is slated to include four- and five-star hotels and serviced residences covering approximately 2.9 million square feet of Dubai Healthcare City’s Phase 2 expansion project.

The Phase 2 of Dubai Healthcare City, spread over land area of 22 million square feet, was launched by Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai in March this year.

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The first phase of planning will focus on connectivity and the required infrastructure to ensure environmental prudence and social responsibility. 

 

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