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