Thursday, February 12, 2009

Nakheel's Marina Residences to be delivered in two months

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.
Palm Jumeirah
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.

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