Dubai Waterfront Company , launched early this year, is the largest waterfront offering in the world, occupying the last remaining coastal waterfront of the Emirate. The 81 million square meter beachfront will be a mixed-use destination encompassing over 250 master planned communities and offerings.

Madinat Al Arab is the first phase and focal point of Dubai Waterfront, which has been carefully crafted and developed by an international consortium of the world's best architects, planners and urban developers. Occupying the majority of sea facing land in Dubai Waterfront and designed to be the downtown and central business district, Madinat Al Arab will be anchored by Al Burj, one of the world's tallest buildings that will spiral towards the sky, forming a centerpiece that embodies the ambition, vision and magnitude of the development.

Heavily influenced by water, with a canal flowing through it and a major harbour and marina, Madinat Al Arab will feature resorts, retail, commercial spaces, public spaces, a broad mix of residencies and an integrated transport system including light rail and a sophisticated road network. Located near to the new Jebel Ali Airport, and with direct access to Sheikh Zayed Road, Jebel Ali Freezone and Abu Dhabi, the city will be fully accessible on a local and international scale.

The first phase of Madinat Al Arab (30%) was unveiled to a select invited group of private property and investment institutions from the UAE and GCC in July 2005. Within five days it had been completely sold out, for over Dh13 billion, demonstrating its appeal as one of the most exciting real estate developments in the world.