Emaar Properties announces flagship project

New opera house and art museum in Dubai

GMT 08:25 2012 Thursday ,22 March

Arab Today, arab today New opera house and art museum in Dubai

Dubai Opera House
Dubai - Arabstoday

Dubai Opera House Debt-laden Dubai will build an opera house and a modern art museum, the government said Wednesday, in the first such project since the Gulf emirate was hit by the global economic downturn in 2008, the Dubai Modern art Museum & Opera House District “aims to further strengthen the UAE’s emerging role as the cultural hub of the region,” a statement said.
The complex is to be built near Burj Khalifa, the world’s tallest tower, added the statement, which said design and architectural elements were being finalized, and work would begin soon.
The cultural destination will be located in Downtown Dubai, the flagship development of Emaar Properties, which was behind major property developments in the city, including Burj Khalifa and neighboring Dubai Mall – the world’s most visited shopping and tourism destination marking record visitor numbers of 54 million people in 2011.
Dubai had borrowed heavily to finance its rapid economic growth, which came to a screeching halt when international finance dried up.
Glitzy Dubai, part of the United Arab Emirates, was buoyed by its rich partner Abu Dhabi and the federal central bank which together pumped $20 billion into its coffers to meet immediate debt payments in 2009.
In 2008, Dubai announced plans to build a series of cultural projects, such as libraries, theaters, museums and an opera house, but the projects never saw the light of day.
Abu Dhabi, meanwhile, is building a huge cultural complex on Saadiyat Island, which will host branches of the Guggenheim, the Louvre and Zayed National Museum.
The Gulf region has been the site of a cultural boom over the past few years with the Arabian Peninsula’s only opera house – The Royal Opera House of Oman – opening in October.
Gas-rich Qatar, which had already established the largest museum of Islamic art in the region, opened late in 2010 the doors of Mathaf, the world’s first museum devoted to modern Arab art.


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