MoU signed to create 110,000m2 Dubai development
SA Level LLC and DWC working together to create Level City
SA Level LLC has signed a Memorandum of Understanding (MoU) with Dubai World Central (DWC) to purchase land for a luxury and lifestyle development in DWC.
SA Level LLC, the developer of the project – which is called Level City – is in the process of designing the masterplan in collaboration with Dubai-based architects.
Simon Afram, founder and president of SA Level LLC, said: “We are looking at creating a unique luxury complex combining hospitality, leisure and entertainment across an area of 110,000m². This project will also leverage our focus on innovative and iconic technologies which articulate the philosophy of the Level brand. Dubai World Central’s unique urban ‘live and work’ concept, together with its infrastructure and strategic location as well as facilities provided to businesses, made it the perfect location choice for our project”.
DWC is the world’s first purpose-built aerotropolis and a strategic initiative of the Government of Dubai. The 140km2 master-planned free zone, located near the Jebel Ali Port, delivers unique multimodal capabilities that support a host of activities including logistics, aviation, commercial, exhibition, humanitarian, residential and leisure-related businesses.
Key components defining Dubai World Central include the Al Maktoum International Airport, Logistics District, Aviation District, Business Park, Commercial District, Residential District, Golf District, Exhibition District, and the Humanitarian District.