Logo
  • Order call
  • Call management

Property type
No. of bedrooms
Area
Show offers

The largest region’s Arena to be constructed in Dubai

09.11.2016
The largest region’s Arena to be constructed in Dubai
Huge and spectacular multipurpose Dubai Arena to be strategically developed in the area of City Walk in Dubai.

Totally in line with the urban development strategy Dubai Plan 2021 launched by the Ruler of Dubai His Highness Sheikh Mohammed Bin Rashid Al Maktoum, the emirate's infrastructure is scheduled to be raised into completely different, internationally-significant level in a couple of years. That is why Dubai has recently seen so many construction launches relating to facilities, which are about to glorify the emirate in the entire world.

Just another link in a chain of super-important infrastructure units changing the face of Dubai will be presented by Dubai Arena, a new venue for entertainment, sports and cultural global events. This grand structure spanning over an area of half a million square feet is being constructed in the heart of Dubai by developer Meraas. It is about to accommodate up to 20,000 visitors, and will definitely help to implement the tourism development strategy for Dubai with the intention to attract about 45 million visitors herei by 2021, annually.

So far, the whole region, including Dubai, was lacking such a leisure and entertainment facility capable to accommodate large scale international music concerts, sporting events such as hockey and NBA, as well as other entertainment events. And now, given the construction of the Dubai Opera and Dubai Arena, the city will have at least two of them.

Arena_Dubai_2.jpg

But Dubai Arena surely overscales the Opera both in size and in functional part: its construction implies automated malleable seats which enables the venue to transform according to the scale of the event being held, from theater to stadium and back, making this mega-construction truly omni-purpose. Dubai Arena will be strategically located in the very center of Dubai, at the City Walk, connected to Dubai Metro and in close proximity to the Dubai International Airport, also surrounded by a number of hospitality, F&B, entertainment and shopping options.

By creating such a grand indoor air-conditioned entertainment complex as Dubai Arena, Dubai will now be able to host global events of a scale previously not seen in the region yet, due to the lack of a suitable platform for holding similar events.

The construction of Dubai Arena has already begun, and it is expected that the first event here can be hosted at the end of 2018.

“This innovative world class arena will put Dubai on the international entertainment touring circuit and make a major contribution to the Emirate’s continued development as a major tourism destination,” Harvey Lister, CEO of AEG Ogden, the world renowned managing company, chosen to manage Dubai Arena, said.

Latest Availability
Latest property news
Send us an enquiry or request a call back
Your name *
Phone
E-mail *
Your message *
*- indicates required
Request a call back
SOGA1  SOGA2
Call management
SOGA1  SOGA2
Lease process (Rent out)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.
Real estate search.

Up to 5 days

Real estate search.

Selection of optimal options.

Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Property Selection

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Customer charges:
  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration
Additional services:

Property management

Sales Process
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

None

the management process
Contract of the owner and agency

1 hour

Contract of the owner and agency
Rendering of management services

1 year

Rendering of management services
Reporting

1 day

Reporting
Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Selection of optimal investment options

From 3 days

Selection of optimal investment options
Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Expenses of the investor:
  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration
Additional services:

Property management