Monday, June 30, 2008

Nakheel completes major milestone on Jumeirah Village

Nakheel has completed a major milestone in the development of Jumeirah Village, with 60 percent of infrastructure already completed.

Jumeirah Village, which spreads across 811 hectares, comprises several residences, commercial property, offices, and retail and leisure amenities accommodating a population of about 300,000.
Following the announcement of the project in 2004, the development has made tremendous progress with its new management team. The master-plan design incorporates the principles of 'new urbanism'. The combination of distinct architecture, the vast landscape, and the associated parks and boulevards are expected to create a balanced community.

The Jumeirah village has been planned with a focus on sports fields, parks, mosques, schools, cafes, shopping centers and restaurants, with easy access to community service, hubs and public open spaces. With all these amenities the community feel of the Village will be retained.

Jumeirah village targets the specific shortfalls in Dubai property market. By being located in the center of emirate, it is easily accessible to most other parts of Dubai, and has a huge demand for variety housing, retail, leisure and office space.

The General Manager of Jumeirah Village, Marwan Al Naqi, said "Being the largest inland project in our portfolio, the Jumeirah village is a major part of Nakheel's vision to convert the desert of Dubai to into a cluster of vibrant communities. With this project reaching 60 percent completion, it is a major accomplishment that reflects the pace at which the development is progressing."

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