Construction Business News ME - July 2020

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// PROJECT

DEIRA ENRICHMENT PROJECT 5 Districts within Phase One of Ithra Dubai’s Deira Enrichment Project near Completion

Ithra Dubai’s award winning Deira Enrichment Project (DEP) is in its final stages of completion for districts 1, 2, 3, 11 and 13 in Phase One of the development. The five districts are mixed-use that offer a seamless blend of commercial office space, residential, retail spaces and abundant parking. Districts 11 and 13 house the Gold Souk Extension and have been designed to suit the unique needs of gold and precious stones merchants. Deira is the vibrant cornerstone of Dubai’s trading legacy and a place rich 32

in culture and overflowing with history. From the waterfront apartments overlooking The Creek, to an extension of the Deira Souk, the development will create a bustling hub of life that will add to the already rich tapestry woven by communities past and present. It will become a place in which people realize their potential and find the true meaning of home. Covering a GFA area of 1,181,025 ft2, the new Gold Souk Extension will host approximately 295 retail units and 250 offices, in addition to 468 high quality

// CONSTRUCTION BUSINESS NEWS ME // JULY 2020

residences. It is expected to be completed in the beginning of 2021. DEP is highly anticipated by residential, retail, and commercial tenants both locally and abroad. Ita ims to revitalize the Emirate’s original community centre and trading hub. The project offers a complete lifestyle solution by anticipating the needs and wants of individuals, families and businesses. The development while adopting a modern approach to design and functionality will preserve Deira’s unique charm and enduring entrepreneurial spirit. Histori-


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