Marina Arcade project at the Dubai Marina

Mada'in Properties, has announced plans to launch the Marina Arcade project at the Dubai Marina. The Dh1.25 billion Marina Arcade is the first of a series of major iconic developments to be launched this year.

Located at the heart of the picturesque Dubai Marina, Marina Arcade is an exclusive precinct that offers residents shopping avenues, coupled with a mix of residential and leisure facilities. Marina Arcade's 950,125.68 square feet area will encompass freehold residential units, as well as a podium building that includes retail space and recreational facilities.

A choice of cosmopolitan cafes which open its doors for the first time in UAE will add to the Marina Arcade's leisure component.

Marina Arcade will include the most advanced and expansive gymnasium and spa in Dubai (spread over three floors and in excess of 38,000 square feet each), the company said in a statement.

"With this development we wish to provide exclusive offerings to the regional market and bring a unique experience to those who require luxury, space and want a vast range of amenities," says Abdul Aziz Al Awar, CEO of Mada'in Properties.

Madai'n Properties was incorporated in 2006 as a private joint stock company in Dubai with a paid-up share capital of Dh500 million. UAE has been identified as a key growth area for this Shariah compliant company.