This article possibly contains original research. (August 2014) |
The master plan of Jumeirah Garden City refers to the re-development of a 9,000,000-square-metre (97,000,000 sq ft) land area, conceptualized to be a part of the 2015 strategic plan for Dubai. The development consists of 12 districts with an envision built up area of 14,000,000 square metres (150,000,000 sq ft). The Jumeirah Garden City aims to cater to a population of 50,000 to 60,000 residents. The project will cost approximately Dh350 billion (approx. $95bn).[1]
The announcement of the project coincided with the Great Recession, and the construction of the project was put on hold due to the recession.[2]