Marina Residences brings in 2000 new residents to Palm Jumeirah
Thursday, November 12, 2009
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Master developer Nakheel's announcement to handover the homes at Marina Residences, is likely to bring in about 2000 new residents into Dubai's Palm Jumeirah.
The phased handover of 980 units in the project, located at the tip of the trunk of the island will continue until early next year, Nakheel said in its statement this week.
Among the 980 units, 940 units are a mix of apartments and penthouses. The luxurious penthouses are designed over four storeys offering about 14,000 sq. ft. of living space. The development also includes 40 townhouses located along the marina-fronted promenade.
The Palm Jumeirah currently houses 12,000 residents and the work in the island is likely to continue over the next 5 to 6 years.
The Managing Director of Nakheel Development Projects, Marwan Al Qamzi, said that at Nakheel, the focus is on delivering quality communities and handover of Marina Residences is another major milestone on Palm Jumeirah.
The phased handover of 980 units in the project, located at the tip of the trunk of the island will continue until early next year, Nakheel said in its statement this week.
Among the 980 units, 940 units are a mix of apartments and penthouses. The luxurious penthouses are designed over four storeys offering about 14,000 sq. ft. of living space. The development also includes 40 townhouses located along the marina-fronted promenade.
The Palm Jumeirah currently houses 12,000 residents and the work in the island is likely to continue over the next 5 to 6 years.
The Managing Director of Nakheel Development Projects, Marwan Al Qamzi, said that at Nakheel, the focus is on delivering quality communities and handover of Marina Residences is another major milestone on Palm Jumeirah.
Labels: Palm Jumeirah
Nakheel's Marina Residences to be delivered in two months
Thursday, February 12, 2009
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Nakheel, the master developer in Dubai, said that the exclusive Marina Residences development on the Palm Jumeirah is more than 90 percent complete, and that the 900 homes of the development would be delivered in April 2009.
The Marina Residences are stunning residential complexes, located at the tip of the trunk on the Palm Jumeirah, the largest man-made island in the world.
The high-rise development includes six residential towers, resting on landscaped podiums, overlooking the marinas. The towers include 940 apartments and penthouses, and another 40 units are located on a marina fronted promenade, which form the townhouses.
One of the largest marinas in Dubai, Anchor Marina, is located just beside the Marina Residence tower, which berths more than 500 vessles.
The work on the development has made swift progress ever-since the groundwork began on the six towers.
The Managing Director of Palm Jumeirah, Johann Schumacher, said that Nakheel would handover the villas within next 24 months, while the 900 homes would be handed over this year, with the new residents hoped to enter Palm Jumeirah in April.
The strategic location of the iconic development, would enable the residents to enjoy the abundant tourism and leisure amenities that are on the offer, while also benefiting from being in proximity to one of the largest marinas in Dubai, Schumacher pointed out.
Nakheel has already begun delivering homes at its Jumeirah Villas, with more than 2000 villa sand townhouses to be delivered by the end of the year.
About 24 ultra-luxury villas at the Jumeirah Island Mansions are due for delivery this spring, which would be a welcome addition to this already vibrant community, which is one of the most sought residential locations in Dubai.
The Jumeirah Park is also ready for hand-over, later this year. About 90 percent infrastructure works are completed across the development, and villa constructions are 30 percent finalized.
The Marina Residences are stunning residential complexes, located at the tip of the trunk on the Palm Jumeirah, the largest man-made island in the world.
The high-rise development includes six residential towers, resting on landscaped podiums, overlooking the marinas. The towers include 940 apartments and penthouses, and another 40 units are located on a marina fronted promenade, which form the townhouses.
One of the largest marinas in Dubai, Anchor Marina, is located just beside the Marina Residence tower, which berths more than 500 vessles.
The work on the development has made swift progress ever-since the groundwork began on the six towers.
The Managing Director of Palm Jumeirah, Johann Schumacher, said that Nakheel would handover the villas within next 24 months, while the 900 homes would be handed over this year, with the new residents hoped to enter Palm Jumeirah in April.
The strategic location of the iconic development, would enable the residents to enjoy the abundant tourism and leisure amenities that are on the offer, while also benefiting from being in proximity to one of the largest marinas in Dubai, Schumacher pointed out.
Nakheel has already begun delivering homes at its Jumeirah Villas, with more than 2000 villa sand townhouses to be delivered by the end of the year.
About 24 ultra-luxury villas at the Jumeirah Island Mansions are due for delivery this spring, which would be a welcome addition to this already vibrant community, which is one of the most sought residential locations in Dubai.
The Jumeirah Park is also ready for hand-over, later this year. About 90 percent infrastructure works are completed across the development, and villa constructions are 30 percent finalized.
Labels: Latest News, Nakheel, Palm Jumeirah
Landmark project Atlantis, The Palm officially launched amidst grand ceremony
Tuesday, November 25, 2008
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The official launch ceremony of the Atlantis at Palm Jumeirah has created landmarks in Dubai.
The entire island of the Palm Jumeirah and its flagship resort Atlantis, The Palm, were lit up with a display of fireworks tonight, which marked the official launch of this iconic landmark resort.
The entire island of the Palm Jumeirah and its flagship resort Atlantis, The Palm, were lit up with a display of fireworks tonight, which marked the official launch of this iconic landmark resort.
A note-worthy guest line of 2000 or more from across the globe were seen during the inaugural ceremony, including the music legend -Kylie Minogue, the Middle East pop sensation -Nawal, Bollywood actoress -Priyanka Chopra, Mary-Kate Olsen, Charlize Theron, Lindsay Lohan, Agyness Deyn, Petra Nemcova, Dame Shirley Bassey, John Abraham, Rani Mukherjee, Preity Zinta, Janet Jackson, Robert DeNiro, Mischa Barton, Michael Jordan, Bipasha Basu, Boris Becker, The Duchess of York, the Dubai Royal Family and Lily Allen.
The display of fireworks across the full 520 kilometers stretch of Palm Jumeirah, lit up the entire island and Atlantis resort, creating a display visible from space. Custom-made shells shipped in from across the globe, created a light spectacle taking off from the 716 firing locations around the island, including 400 balconies at the resort.
The display followed an unprecedented high definition video illumination sequence, beginning with the Bollywood star Priyanka Chopra, who enacted as The Goddess of Atlantis.
Guests dined on signature dished made by the multi Michelin-starred chefs of the Atlantis.
Sol Kerzner, the Chairman and CEO of Kerzner International, said "Atlantis, The Palm is the realization of a vision shared with our partners at Nakheel. Tonight was a landmark event for us, and we thank worldwide guests for coming here to be a part of this occasion."
Sol Kerzner, the Chairman and CEO of Kerzner International, said "Atlantis, The Palm is the realization of a vision shared with our partners at Nakheel. Tonight was a landmark event for us, and we thank worldwide guests for coming here to be a part of this occasion."
The Chairman of Dubai World and Executive Chairman of Nakheel, H.E. Sultan Ahmed bin Sulayem, said "The partnership between Nakheel and Kerzner is a testament of the belief in Dubai having grown to be one of the top destinations in the world. Atlantis has come to the right place, and we invite all visitors of Dubai to revel in the magnificent entertainment, hospitality and service it has to offer."
The guests also had the opportunity to rejoice themselves in the various activities that the resort had to offer, including the Aquaventure Water Park, Dolphin Bay, Atlantis Spa, The Lost Chambers, and the Royal Pool of the resort.
An exclusive cocktail party was hosted in the Royal Towers Lobby, and the even concluded with a culinary tour dinner on Friday night at the resort's restaurants, followed by an after party at the private night club, Sanctuary, at the resort.
Labels: Palm Jumeirah, Resorts
Habtoor Group announces sale of Harbour Island Resort & Spa apartments
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For the first time, Habtoor Group has announced sale of its 24 freehold apartments of 'Harbour Island Resort & Spa' development on the Crescent, at the Palm Jumeirah.
The announcement was made by Mohammed K. Al Habtoor, the Chief Executive of the group.
The project, currently estimated to be worth of Dh1.2billion, may go up further, depending on prices of materials. The apartments of this exclusive project, has all the amenities of a hotel. Depending on the demand for the project, more units will be offered, Al Habtoor said.
The Habtoor Island will house 6-7 restaurants, out of which one of the biggest will be managed by a UK firm. The Chairman of the group, Khalaf Al Habtoor said that the company aims to offer a property that would gain recognition as one of the finest developments in the plant. The company is also aiming for LEED Gold Rating certification for its environmental friendliness.
"The fact that we are committed to deliver an unparalleled lifestyle is evident now, as we have allocated 70 percent of the development towards gardens and water features," Al Habtoor pointed out.
For the first time, Habtoor Group has announced sale of its 24 freehold apartments of 'Harbour Island Resort & Spa' development on the Crescent, at the Palm Jumeirah.The announcement was made by Mohammed K. Al Habtoor, the Chief Executive of the group.
The project, currently estimated to be worth of Dh1.2billion, may go up further, depending on prices of materials. The apartments of this exclusive project, has all the amenities of a hotel. Depending on the demand for the project, more units will be offered, Al Habtoor said.
The Habtoor Island will house 6-7 restaurants, out of which one of the biggest will be managed by a UK firm. The Chairman of the group, Khalaf Al Habtoor said that the company aims to offer a property that would gain recognition as one of the finest developments in the plant. The company is also aiming for LEED Gold Rating certification for its environmental friendliness.
"The fact that we are committed to deliver an unparalleled lifestyle is evident now, as we have allocated 70 percent of the development towards gardens and water features," Al Habtoor pointed out.
Labels: Environment-friendly, Freehold Property, Palm Jumeirah, Sales
Palm Jumeirah property prices plummet 40 percent
Monday, November 24, 2008
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Inflated property prices on the Palm Jumeirah have plummeted 40 percent, real estate brokers reveal.
However, villas and apartments are still selling at prices higher than original. Most property owners are hurrying up to sell their properties, said Robert Macnair, Sales Director, Elysian Real Estate.
The urgency could be due to the fact that there is a large payment coming up, or the market has dropped over the last few months. The Executive Director of ETA Star, Abid Junaid, said that the current downturn is a reflection of the market correcting itself, and this is a good thing, with the prices getting more realistic.
However, in the opinion of Amlak, the mortgage lender, it is temporarily halting new mortgages and rubbing salt in the wound. This could prove counterproductive, as this is the time to channel more funds into mortgages so that end-users can purchase, said Junaid.
According to few analysts however, this scenario does not reflect the sliding property market. Others are confident that it is a temporary condition, which is likely to be resolved soon.
However, villas and apartments are still selling at prices higher than original. Most property owners are hurrying up to sell their properties, said Robert Macnair, Sales Director, Elysian Real Estate.
The urgency could be due to the fact that there is a large payment coming up, or the market has dropped over the last few months. The Executive Director of ETA Star, Abid Junaid, said that the current downturn is a reflection of the market correcting itself, and this is a good thing, with the prices getting more realistic.
However, in the opinion of Amlak, the mortgage lender, it is temporarily halting new mortgages and rubbing salt in the wound. This could prove counterproductive, as this is the time to channel more funds into mortgages so that end-users can purchase, said Junaid.
According to few analysts however, this scenario does not reflect the sliding property market. Others are confident that it is a temporary condition, which is likely to be resolved soon.
Labels: Market Trends, Palm Jumeirah, Property Prices
First marina on Palm Jumeirah to open to public in December
Thursday, September 18, 2008
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The first marina on Palm Jumeirah will be open to public in December this year, announced Island Global Yachting (IGY), the luxury marina developer and management company.
IGY has confirmed launch of an exclusive online auction site to lease berths to owners and residents of the Palm Jumeirah. Anchor Marina, the result of partnership with Nakheel, signifies one of the most prestigious projects by IGY.
The 590 berths of the marina will offer private yachts 10 to 30m in length, apart from modern infrastructural elements such as spacious concrete pontoons, together with some of the most modern technology available to boat owners, such as underwater lighting, LED illumination, wireless internet connections and concierge services.
Michael Horrigan, the CEO of IGY -Middle East and Europe, said that to reflect the prestige associated with Palm Jumeirah, great care has been taken to ensure that the quality of service and structure. The experience one gets at Anchor Marina will position it as one of the most well-appointed marinas in the world.
The guests will be offered with a choice of two clubhouses, one near Anchor Marina East and another near Anchor Marina West. The former will be designed for families, while the later will have a more sophisticated ambience with fine dining restaurants.
Horrigan announced that the Anchor Marina has been scheduled for opening this December, and that this fantastic product is likely to propel Dubai to the global forefront as a 'yachting destination of '.
"We are looking forward to a huge demand for berths and the idea of online auction site is considered as the most transparent and fair way of launching the first tier of leases," he added.
The dedicated auction site www.igyauctions .com is now developed to undertake the week long auction from 1st to 7th November, exclusively for owners and residents of the Palm Jumeirah. The owners/residents will get to lease one berth per property and the leases will be granted for a five year period. The berths for auction will be open to both East and West site of the Anchor Marina for yachts of 10-30m length.
Prospective bidders can begin registrations from 15th October and from then on they will be considered pre-qualified. Thereafter, the users can exclusively browse the site and place bids on unique selection of berths available for long-term leasing.
IGY has confirmed launch of an exclusive online auction site to lease berths to owners and residents of the Palm Jumeirah. Anchor Marina, the result of partnership with Nakheel, signifies one of the most prestigious projects by IGY.
The 590 berths of the marina will offer private yachts 10 to 30m in length, apart from modern infrastructural elements such as spacious concrete pontoons, together with some of the most modern technology available to boat owners, such as underwater lighting, LED illumination, wireless internet connections and concierge services.
Michael Horrigan, the CEO of IGY -Middle East and Europe, said that to reflect the prestige associated with Palm Jumeirah, great care has been taken to ensure that the quality of service and structure. The experience one gets at Anchor Marina will position it as one of the most well-appointed marinas in the world.
The guests will be offered with a choice of two clubhouses, one near Anchor Marina East and another near Anchor Marina West. The former will be designed for families, while the later will have a more sophisticated ambience with fine dining restaurants.
Horrigan announced that the Anchor Marina has been scheduled for opening this December, and that this fantastic product is likely to propel Dubai to the global forefront as a 'yachting destination of '.
"We are looking forward to a huge demand for berths and the idea of online auction site is considered as the most transparent and fair way of launching the first tier of leases," he added.
The dedicated auction site www.igyauctions .com is now developed to undertake the week long auction from 1st to 7th November, exclusively for owners and residents of the Palm Jumeirah. The owners/residents will get to lease one berth per property and the leases will be granted for a five year period. The berths for auction will be open to both East and West site of the Anchor Marina for yachts of 10-30m length.
Prospective bidders can begin registrations from 15th October and from then on they will be considered pre-qualified. Thereafter, the users can exclusively browse the site and place bids on unique selection of berths available for long-term leasing.
Labels: Latest News, Palm Jumeirah
Nakheel's final Shoreline Apartments at Jumeirah released
Tuesday, March 11, 2008
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Nakheel has announced the release of the final Shoreline Apartments, which could be the final opportunity to invest at The Palm Jumeirah.
The apartments, which are located at the trunk of The Palm Jumeirah, are easily accessible to private beachfront clubhouses and are inclusive of amenities such as retail outlets, world-class fitness centers, swimming pools, direct access to white sandy beaches of the island.
The Trunk is connected by an innovative monorail system and houses numerous shopping destinations, hotels and cafes. The area is the core of activity with the entire 2500 Shoreline apartments already handed over. More than 1500 apartments have already been occupied by residents.
The five private beachfront clubhouses will be unveiled over the coming weeks.
The Director of Sales, Manal shaheen said, "This year will be a huge change for 'The Palm Jumeirah'. More than 2000 families are now residing on the island and more amenities are opening up at the development and it is no longer a concept."
Nakheel has announced the release of the final Shoreline Apartments, which could be the final opportunity to invest at The Palm Jumeirah.The apartments, which are located at the trunk of The Palm Jumeirah, are easily accessible to private beachfront clubhouses and are inclusive of amenities such as retail outlets, world-class fitness centers, swimming pools, direct access to white sandy beaches of the island.
The Trunk is connected by an innovative monorail system and houses numerous shopping destinations, hotels and cafes. The area is the core of activity with the entire 2500 Shoreline apartments already handed over. More than 1500 apartments have already been occupied by residents.
The five private beachfront clubhouses will be unveiled over the coming weeks.
The Director of Sales, Manal shaheen said, "This year will be a huge change for 'The Palm Jumeirah'. More than 2000 families are now residing on the island and more amenities are opening up at the development and it is no longer a concept."
Labels: Apartments, Nakheel, Palm Jumeirah
Al Osaimi launches The Dusit Emirates Saray at Palm Jumeirah
Tuesday, February 12, 2008
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Al Osaimi Investments and Real Estate, a Kuwaiti developer, on Sunday, launched Dh.1.5bn flagship development, 'The Dusit Emirates Saray' at the Palm Jumeirah, Dubai.
The development, which spreads across one million square feet of land, along 11.5kms of the crescent of Palm Jumeirah, comprises three projects on the whole: 'The Dusit Devarana' - a seven-star Indian themed hotel with 116 rooms spreading across 26,000 square feet of space, 'The Dusit Thani' - a five-star Moroccan-themed resort with 292 rooms spread across 34,000 square feet of space, and 'The Residence' - 178 Arabian-themed freehold units spreading across 57,000 square feet of space. The development will also have a 51,000 square feet size basement.
'The Dusit Thani' apart from the 292 guest rooms, will comprise suites, restaurants and a business center, will have three pools around the Palm Lagoon, will comprise 10 freestanding chalets and business center.
The high-light of the development will be the Arabian-themed 178 freehold units of 'The Residence', comprising two-storey townhouses, three-bedroom penthouses and apartments, a spacious terrace, pool, garden and parking for each unit, with maximum exclusivity for residential investors. The development will also include four freestanding restaurants and water sports facility.
The project will be complete towards the first quarter of 2010. The sale of the project, which began yesterday, will move to Saudi Arabia, Kuwait and other GCC countries after three days.
The development, which spreads across one million square feet of land, along 11.5kms of the crescent of Palm Jumeirah, comprises three projects on the whole: 'The Dusit Devarana' - a seven-star Indian themed hotel with 116 rooms spreading across 26,000 square feet of space, 'The Dusit Thani' - a five-star Moroccan-themed resort with 292 rooms spread across 34,000 square feet of space, and 'The Residence' - 178 Arabian-themed freehold units spreading across 57,000 square feet of space. The development will also have a 51,000 square feet size basement.
'The Dusit Thani' apart from the 292 guest rooms, will comprise suites, restaurants and a business center, will have three pools around the Palm Lagoon, will comprise 10 freestanding chalets and business center.
The high-light of the development will be the Arabian-themed 178 freehold units of 'The Residence', comprising two-storey townhouses, three-bedroom penthouses and apartments, a spacious terrace, pool, garden and parking for each unit, with maximum exclusivity for residential investors. The development will also include four freestanding restaurants and water sports facility.
The project will be complete towards the first quarter of 2010. The sale of the project, which began yesterday, will move to Saudi Arabia, Kuwait and other GCC countries after three days.
Labels: Freehold Property, Investment Property, Palm Jumeirah, Residential
Al Osaimi Group launches Dh.1bn luxury resort at Palm Jumeirah
Saturday, December 15, 2007
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The Al Osaimi Group has confirmed that the construction work of the $272million (Dh.1 billion) luxury resort at The Palm Jumeirah, is progressing as scheduled, and will be ready by first quarter of 2008.
The Kuwait-based developer has taken the help of several firms for project consultancy, contracting and enabling works and project management, as this is their maiden project in the UAE. The project is located on the Crescent of The Palm Jumeirah.
During the first quarter of 2008, the developer will launch one million square foot project, in accordance with the agreement signed with Dusit International, one of the prestigious Thai hotel chains in the world.
At present, Al Osaimi is carrying on with the final stages of escrow registration process in compliance with regulations laid out by the Dubai Land Department, thereby preparing to launch early next year.
The project that spreads over an area of 95,000 square meters on The Palm Jumeirah, comprises a seven star luxury hotel, a five star family resort, and an upscale residential complex that includes 178 posh freehold townhouses, penthouses and a dozen chalets.
Being designed in traditional Indian manner, the hotel has 116 guestrooms and suites, while the Moroccan-themed family resort has 292 rooms and suites. The hotels offer excellent dining, themed landscaping, ballroom, and state-of-the-art amenities. The luxurious development will also include renowned Deverana Spa by Dusit, an authentic Thai-inspired rejuvenation, apart from internationally acclaimed service of Dusit International, incorporating Thai culture and hospitality.
Right from its inception 25 years ago, the Al Osami Group, has handled several projects in Kuwait, and in the Middle East, including commercial, residential, hospitality and retail developments. The company has a rich portfolio that covers various sectors including, construction, real estate investment, engineering, while the subsidiary firm of the group has spearheaded for 15 projects including the group's development on The Palm Jumeirah.
The Kuwait-based developer has taken the help of several firms for project consultancy, contracting and enabling works and project management, as this is their maiden project in the UAE. The project is located on the Crescent of The Palm Jumeirah.
During the first quarter of 2008, the developer will launch one million square foot project, in accordance with the agreement signed with Dusit International, one of the prestigious Thai hotel chains in the world.
At present, Al Osaimi is carrying on with the final stages of escrow registration process in compliance with regulations laid out by the Dubai Land Department, thereby preparing to launch early next year.
The project that spreads over an area of 95,000 square meters on The Palm Jumeirah, comprises a seven star luxury hotel, a five star family resort, and an upscale residential complex that includes 178 posh freehold townhouses, penthouses and a dozen chalets.
Being designed in traditional Indian manner, the hotel has 116 guestrooms and suites, while the Moroccan-themed family resort has 292 rooms and suites. The hotels offer excellent dining, themed landscaping, ballroom, and state-of-the-art amenities. The luxurious development will also include renowned Deverana Spa by Dusit, an authentic Thai-inspired rejuvenation, apart from internationally acclaimed service of Dusit International, incorporating Thai culture and hospitality.
Right from its inception 25 years ago, the Al Osami Group, has handled several projects in Kuwait, and in the Middle East, including commercial, residential, hospitality and retail developments. The company has a rich portfolio that covers various sectors including, construction, real estate investment, engineering, while the subsidiary firm of the group has spearheaded for 15 projects including the group's development on The Palm Jumeirah.
Labels: Luxury Homes, New Hotels, Palm Jumeirah, Resorts
ETA Star, ADCB sign MOU for construction of Taj Exotica Resort and Spa at Palm Jumeirah
Friday, October 05, 2007
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ETA Star, together with the Abu Dhabi Commercial Bank (ADCB) has announced the construction of Taj Exotica Resort and Spa at The Palm Jumeirah, and has entered into an agreement to this effect.
As per the agreement, ADCB will lend Dh.275million to ETA Star for construction of this superb resort complex. ETA Star plans to construct Taj Exotica Resort & Spa through a partnership with Taj Group of Hotels.
The Taj Exotica Resort & Spa is a luxurious five-star hotel development, depicting the style of conventional Palaces of Rajasthan. The highlight of the entire development is the 262 room 'Jiva Spa', which is likely to be the largest in the Middle East. The Spa comprises single and double treatment suites, meditation and yoga pavilions, beauty treatment rooms, fully equipped gyms and relaxation pools. Other facilities include Tennis Courts and Private beaches, and the swimming pools.
The Executive Director, ETA Star, Abid Junaid said that ETA Star has always aimed to provide only the best to its customers, by delivering state-of-the art projects without any comprises being made. The Taj Exotica Resort & Spa, on completion, will be the 'abode for modern-day royalty'. He assured that the project will provide its occupants all perks that a regal hospitality would offer.
Labels: ETA-Star, Luxury Homes, Palm Jumeirah, Resorts
The Palm Jumeirah Signature Villas
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Shaped like a Palm Tree, The Palm Jumeirah, consists of a trunk, a crown with 17 fronds, and a surrounding crescent island which forms a 11-kilometer-long breakwater. The island covers 5kilometers by 5 kilometers in area, and is larger than 800 football pitches. The mainland and the crown are linked by a 300-meter long bridge, and the top of the palm is connected to the crescent by a subsea tunnel.
By the next three years time, with the development of tourism phases, The Palm Jumeirah is touted as the premier resorts in the world. The Palm Island is the self-declared "Eight Wonder of the World". The island is expected to double the Dubai coastline. Currently, with the completion of most apartments and villas, the first residents have already moved in, and have begun experiencing the lifestyle of living in an island.
The Palm Jumeirah is expected to feature the best themed boutique hotels, beaches, restaurants, marinas, cafes and various retail outlets. More than 30 beachfront hotels will be opened towards the end of 2009, few of which include Atlantis, The Trump International Hotel and Tower, The Taj Exotica Hotel & Resort, The Palm, Tiara Residence, Grandeur Residences, The Fairmont Palm Residence, Tiara Residence, Oceana Residence, The Fairmont Palm Hotel and Resort, The Dubai Estates Hotel and Park, Hotel Missori, Dubai, Kempinski Emerald Palace, Kempinski Emarald Palace Residences.
Jumeirah Freehold property is already available to move in, which also includes Signature villas, Garden villas, Shoreline Apartments, Oceana apartments, Marina Apartments, Canal Cove townhomes and Golden Mile Apartments.
Apart from featuring unique designs that are finished to suit individual specifications, the Signature Villas, offer numerous other amenities including private swimming pool, a private beach, and access to all other facilities of the Palm residences.
By the next three years time, with the development of tourism phases, The Palm Jumeirah is touted as the premier resorts in the world. The Palm Island is the self-declared "Eight Wonder of the World". The island is expected to double the Dubai coastline. Currently, with the completion of most apartments and villas, the first residents have already moved in, and have begun experiencing the lifestyle of living in an island.The Palm Jumeirah is expected to feature the best themed boutique hotels, beaches, restaurants, marinas, cafes and various retail outlets. More than 30 beachfront hotels will be opened towards the end of 2009, few of which include Atlantis, The Trump International Hotel and Tower, The Taj Exotica Hotel & Resort, The Palm, Tiara Residence, Grandeur Residences, The Fairmont Palm Residence, Tiara Residence, Oceana Residence, The Fairmont Palm Hotel and Resort, The Dubai Estates Hotel and Park, Hotel Missori, Dubai, Kempinski Emerald Palace, Kempinski Emarald Palace Residences.
Jumeirah Freehold property is already available to move in, which also includes Signature villas, Garden villas, Shoreline Apartments, Oceana apartments, Marina Apartments, Canal Cove townhomes and Golden Mile Apartments.
Apart from featuring unique designs that are finished to suit individual specifications, the Signature Villas, offer numerous other amenities including private swimming pool, a private beach, and access to all other facilities of the Palm residences.
Labels: Investment Property, Palm Jumeirah, Residential, Villa Projects
20% of The Palm Jumeirah's Marina Residences complete: Nakheel
Wednesday, October 03, 2007
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Nakheel, the largest real estate developers in the world, has announced twenty percent completion of their Marina Residences development on The Palm Jumeirah. The units are expected to be delivered towards end of 2008.
The six towers on Marina Residences, located at the tip of the trunk of The Palm Jumeirah, whose groundworks began during September 2006, now have their foundation works complete and the six structures have emerged out of the ground. The electrical, mechanical and plumbing works of each of the towers have commenced.
On completion, the development is expected to comprise about 940 double and triple bedroom apartments, penthouses, and 40 townhouses. Residents will be able to enjoy panoramic views of Arabian coast and get to access a wealth of attraction on The Palm Jumeirah such as the Atlantis, QE2, the luxury marinas, and the purpose-built theatre Cirque Du Soleil.
"We are delighted with the progress made on Marina Residences having only commenced work on the development during late 2006. Since its launch in 2001, the demand for property on 'The Palm Jumeirah' has been exceptional and the Marina Residences have been no different. More than 50% of the projects have been sold, and we are looking for future sales," says Johann Schumacher, the Managing Director of 'The Palm Jumeirah'.
The six towers on Marina Residences, located at the tip of the trunk of The Palm Jumeirah, whose groundworks began during September 2006, now have their foundation works complete and the six structures have emerged out of the ground. The electrical, mechanical and plumbing works of each of the towers have commenced.
On completion, the development is expected to comprise about 940 double and triple bedroom apartments, penthouses, and 40 townhouses. Residents will be able to enjoy panoramic views of Arabian coast and get to access a wealth of attraction on The Palm Jumeirah such as the Atlantis, QE2, the luxury marinas, and the purpose-built theatre Cirque Du Soleil.
"We are delighted with the progress made on Marina Residences having only commenced work on the development during late 2006. Since its launch in 2001, the demand for property on 'The Palm Jumeirah' has been exceptional and the Marina Residences have been no different. More than 50% of the projects have been sold, and we are looking for future sales," says Johann Schumacher, the Managing Director of 'The Palm Jumeirah'.
Labels: Nakheel, Palm Jumeirah
Nakheel to develop 4000 homes and villas in Al Furjan developments
Monday, September 03, 2007
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Nakheel has announced its plans to build a cluster of 4000 homes in 'new Dubai', which will cover the same land area as in Palm Jumeirah.
The first stage of construction of the project, Al Furjan, is due to begin during the initial half of 2008. The handover of the terraced homes and villas will be complete by the year 2010. The completion date for the entire 560 hectare development has been scheduled towards 2013.
Experts are of the opinion that this project will address the immediate requirement of villas in the emirate. The Al Furjan development comprises three, five and six bedroom villas and smaller terraced homes. The unit price begins at a range of Dh.2 million, and higher.
The project will be sold in phases. The first phase will consist of 800 units or more, and house 3,000 people. The other phases will be launched later, with about 4000 homes and 5000 residential apartments in the mixed-retail units, and hotels.
The Al Furjan will be the largest villa community ever launched by Nakheel. The officials say that the company plans to create a family-oriented community. The master-plan comprises play areas, open space and pathways. Every community will have its own village center, with other amenities ranging from supermarkets and coffee-shops to restaurants, gym facilities and open spaces.
The first stage of construction of the project, Al Furjan, is due to begin during the initial half of 2008. The handover of the terraced homes and villas will be complete by the year 2010. The completion date for the entire 560 hectare development has been scheduled towards 2013.
Experts are of the opinion that this project will address the immediate requirement of villas in the emirate. The Al Furjan development comprises three, five and six bedroom villas and smaller terraced homes. The unit price begins at a range of Dh.2 million, and higher.
The project will be sold in phases. The first phase will consist of 800 units or more, and house 3,000 people. The other phases will be launched later, with about 4000 homes and 5000 residential apartments in the mixed-retail units, and hotels.
The Al Furjan will be the largest villa community ever launched by Nakheel. The officials say that the company plans to create a family-oriented community. The master-plan comprises play areas, open space and pathways. Every community will have its own village center, with other amenities ranging from supermarkets and coffee-shops to restaurants, gym facilities and open spaces.
Labels: Al-Furjan, Luxury Homes, Nakheel, New Developments, New-Dubai, Palm Jumeirah, Residential, Villa Projects
Nakheel appoints SMRTE for operation of the Palm Monorail project
Monday, August 06, 2007
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Nakheel has appointed SMRT Engineering, a subsidiary of SMRT Corporation of Singapore, for the operations of Dh.1.4 billion monorail in The Palm Jumeirah.
The contract will be finalized and SMRTE will soon be appointed as the operator for The Palm Monorail.
The contract was awarded to SMRTE by Nakheel through a competitive tender. There were four international submissions that have been reviewed over a span of three months.
The Palm Monorail is the first of its kind in the Middle East, and is expected to be developed by a group of major international companies under the leadership of Marubeni Corporation. The monorail is a Hitachi-based double tracked system that are 5.45kms elevated with four stations. The project is hundred percent automatic and driverless, although an attendant will always be available on board. The monorail has the capacity to carry about 2400 passengers per hour in each route in four separate trains, with three cars. The maximum capacity would be to carry 6000 people in nine vehicles.
The construction work is expected to be completed by November 2008, and happens to coincide with the Atlantis launch, The Palm Jumeirah.
The Palm Monorail, apart from being the first such system in the region, will also turn out to be a global milestone for the transportation industry.
The contract will be finalized and SMRTE will soon be appointed as the operator for The Palm Monorail.
The contract was awarded to SMRTE by Nakheel through a competitive tender. There were four international submissions that have been reviewed over a span of three months.
The Palm Monorail is the first of its kind in the Middle East, and is expected to be developed by a group of major international companies under the leadership of Marubeni Corporation. The monorail is a Hitachi-based double tracked system that are 5.45kms elevated with four stations. The project is hundred percent automatic and driverless, although an attendant will always be available on board. The monorail has the capacity to carry about 2400 passengers per hour in each route in four separate trains, with three cars. The maximum capacity would be to carry 6000 people in nine vehicles.
The construction work is expected to be completed by November 2008, and happens to coincide with the Atlantis launch, The Palm Jumeirah.
The Palm Monorail, apart from being the first such system in the region, will also turn out to be a global milestone for the transportation industry.
Labels: Construction Projects, Nakheel, New Contracts, Palm Islands, Palm Jumeirah
Palm Jumeirah depends on firefighters to bring the fire under control
Monday, May 07, 2007
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Fire broke out in a building under construction above the Palm Jumeirah in Dubai, the iconic offshore development. One person was hospitalized due to smoke inhalation.
The construction materials that caught fire created huge dark clouds of smoke. A representative of Nakheel states that the fire broke out at 4pm in a building, currently under construction, owned by a third party developer, on the trunk of Palm Jumeirah. The fire spread within the building, setting fire to construction materials, and producing massive smoke.
However, the permanent fire tender of the Palm Jumeirah, reached the scene within minutes, along with required support from Environmental Health and Safety, and the fire service of the Civil Defence. The necessary measures have been undertaken for the safety of public in the island. All workers have been asked for an explanation.
The Palm Jumeirah, is one among the three major man-made islands, with Nakheel as its developer. Launched during 2001, it extends 522kms of the Dubai Coast and offers 4000 odd homes, due to be ready by 2010.
The construction materials that caught fire created huge dark clouds of smoke. A representative of Nakheel states that the fire broke out at 4pm in a building, currently under construction, owned by a third party developer, on the trunk of Palm Jumeirah. The fire spread within the building, setting fire to construction materials, and producing massive smoke.
However, the permanent fire tender of the Palm Jumeirah, reached the scene within minutes, along with required support from Environmental Health and Safety, and the fire service of the Civil Defence. The necessary measures have been undertaken for the safety of public in the island. All workers have been asked for an explanation.
The Palm Jumeirah, is one among the three major man-made islands, with Nakheel as its developer. Launched during 2001, it extends 522kms of the Dubai Coast and offers 4000 odd homes, due to be ready by 2010.
Labels: Nakheel, Palm Jumeirah
