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Crystal Lagoon projects total over $20bn in MENASA

Today, 15 active projects are adding value to local communities and the tourism economy in the UAE, Oman, Saudi Arabia, Egypt and India

NEWS, Business, Crystal lagoon developments, Crystal lagoons, Developments, Menasa, Middle east, North Africa, South asia

Real estate developments using Crystal Lagoons technology in the Middle East, North Africa and South Asia (MENASA) total over $20bn, it has been revealed.

Three high profile GCC projects are currently under development, including the 160ha Mayasem mixed-use development. The project, located in north of Jeddah, will feature a new 7.5ha lagoon as its leisure centrepiece.

In Dubai, the Mohammed Bin Rashid City District One mixed-use development, will feature a 40ha lagoon with a further 8ha to be added to the existing 1.43-ha pilot lagoon this year.

Meanwhile, in Oman, the Alargan Towell Investment Company is developing the 50ha Barka Resort integrated tourism complex project.

Located 50 miles west of central Muscat, the 4ha lagoon will form the centrepiece of the project which will be surrounded by three hotels, serviced apartments, a mixed-use souk, commercial areas and a collection of villas, townhouses and apartments.

Carlos Salas, Middle East regional director, Crystal Lagoons, said: "We have developed our patented technology and proven business model to provide the world's top amenity and in the process add significant value to any real estate project in the world.

"Our sustainable technology and green credentials, makes pristine water lagoons possible at a very low cost, our ultrasonic filtration system means we use up to 50 times less energy than conventional filtration systems ensuring we have the lowest levels of energy and water consumption when compared to any other amenity."

North Africa and Egypt's expanding north coast have been prime locations for lagoon developments in recent years.

Whiel, the demand to create an idyllic oasis setting in the desert has been highlighted with three Red Sea projects.

"We also entered the emerging India market in 2015 with the announcement of a 6.5ha lagoon for the $2bn D S Kulkarni Developers' Dream City project in Pune, Maharashtra estate, with Dubai-based Samir Dauod as the principal architect," Salas said.

"Not only will this lagoon become a hub for water-based leisure activities, but it will also provide a means of transport with a water taxi service."

The company holds two Guinness World Records with successful locations at San Alfonso del Mar, Chile and Sharm El Sheik, Egypt, which is currently the world's largest lagoon at 12.2ha. 

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Nov 09, 2019