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 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.

Labels: Freehold Property, Investment Property, Palm Jumeirah, Residential

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.

Labels: Luxury Homes, New Hotels, Palm Jumeirah, Resorts

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

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.

Labels: Investment Property, Palm Jumeirah, Residential, Villa Projects

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'.

Labels: Nakheel, Palm Jumeirah

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.

Labels: Al-Furjan, Luxury Homes, Nakheel, New Developments, New-Dubai, Palm Jumeirah, Residential, Villa Projects

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.

Labels: Construction Projects, Nakheel, New Contracts, Palm Islands, Palm Jumeirah

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.

Labels: Nakheel, Palm Jumeirah