villa for sale in majan | villa ...

villa for sale in majan explore the newest villa for sale in majan, with real estate company dubai - dubai land partner and ...

villa for sale in majan | apartments for sale in majan

Majan was launched in November 2006 by Mizin, Tatweer's land development company. Covering a neighborhood of 16.5 million square feet, the mixed-use community was branded the "Downtown of DubaiLand".

The initial plan was designed by British firm, Halcrow and depicted a Manhattan-inspired skyline made from 150 towers. The hope was that the project would drive an investment of AED 15 billion over the primary three years and be complete by 2011.

The development consisted of three components: 32 percent of the world was to be residential units, 24 percent commercial units and 44 percent dedicated to retail and entertainment.

The commercial component of Majan was intended to balance the largely entertainment-focused DubaiLand economy.

Plots of land were sold to investors who would be liberal to develop projects within Mizin's design guidelines.

Mizin promised "new standards of execution and delivery" and announced that the most infrastructure works for Phase 1, including road, water, and electricity networks, was to be ready by the top of 2006.

One of the primary Majan projects to hit the headlines was German-funded Marintime Hotel, developed by Steuruerlehgrang. Launched in December 2016, the AED 657 million building was set to be the world's seventh largest hotel and therefore the tallest 4-star hotel within the region. The project, however, met a disastrous end when, before construction ever started, a gaggle of German investors filed a lawsuit against the developer. It later transpired that no license had been acquired for the project.

In July 2007 Majan's initial infrastructure works were completed by Khansaheb engineering and therefore the developer, Mizin, formally invited investors to start work on their respective plots immediately.

Later an equivalent year Damac Properties launched Madison Residences, conceived as a four- building cluster, but later built as a two-building cluster.

In August 2008 another German developer, German Realty Asset Management, launched Berlin city center , an AED 1.2bn development consisting of a 22-storey residential tower and an office complex. The project, unfortunately, never materialised, probably falling victim to the worldwide financial crisis of 2008.

In October 2008, at the property show, Cityscape Dubai, developer Tameer Holding announced that they might be developing "Podium", a 33-storey commercial skyscraper featuring the world's largest LED screen, said to be visible from a distance of 1.5 kilometres. The building, designed by Callison, would be a "green development" designed to scale back electricity and water usage "ensuring a more environmentally friendly lifestyle." Its screen, designed by Dactronics, would be "a powerful medium for advertising, messaging and art". Podium, however, was never built and in 2016 the title of world's largest TV screen visited Emaar Properties for the LED screen on the whole eastern side of the Burj Khalifa.

By late 2009 construction had started on a couple of plots around Majan but not on the size initially planned by Mizin.

Since 2010 development of Majan has been extremely slow, many projects having been hampered by the worldwide financial crisis of 2008. The masterplan has been restructured to permit for the sale and development of smaller plots.

As of 2020 there are 28 completed buildings and around 25 more in various stages of construction or abandonment. All the buildings are mid-rise towers with the exception of two skyscrapers, Safa Tower and Al Rabia Tower, which loom high above their surrounding along Sheikh Mohammed Bin Zayed Road.