Dubai Maritime City (DMC) is a business zone which is dedicated to the maritime, commerce and trade industry. The area is located between Port Rashid and Dubai Drydocks World on a man-made peninsula and consists of the Commercial District that comprises offices, residences and retail, as well as the Industrial Precinct, dedicated to marine services such as warehouses, workshops, ship lifts and repair docks.
The master developer of the neighbourhood is DP World, which is working with architectural consultants from Khatib & Alami to regenerate the area. The Dubai Maritime City district is expected to be completed by the end of 2021. It should also be noted that the uniqueness of the site is that upon completion of all construction works the development should receive a certificate of eco-building, which would allow the area to become the first maritime center that combines state-of-the-art maritime technology with an eco-friendly initiative.
The project was launched in 2004 but was suspended from 2009 to 2011 because of the financial crisis. In 2012, construction resumed again, and a year later DAMAC Properties announced that it planned to redevelop DMC and build high-rise buildings and luxury towers that would house premium hotels and serviced apartments. As a result, in 2015, developer Omniyat began construction on the 44-storey Anwa Tower, which costs more than AED 600M (USD 163.35M) to construct and design.
According to the master plan, DMC is being developed to create a cluster of like-minded companies within six large and diverse sectors, including maritime services, maritime management, product marketing, maritime research and education, leisure, ship design and manufacturing. In addition, the area should be an excellent venue for international trade seminars, exhibitions and conferences, as well as symposia on maritime topics.
