Nakheel to expand regional presence at Jrex 2007

Nakheel, UAE's premier property developer, has announced its participation in the Jeddah International Real Estate, Financing and Housing Exhibition 2007 (Jrex 07), Saudi Arabia's largest real estate exhibition.

United Arab Emirates: Wednesday, February 21 - 2007 at 11:50
PRESS RELEASE

Jumeirah Park.

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The move comes as Nakheel seeks to capitalize on its international brand value to attract investors from the KSA markets. Jrex 07 will be held at the Jeddah International Convention Centre from 24th February to 1st March 2007.

'The Jumeirah Park has been a huge sales success for Nakheel, with over 1000 units sold within the first day of launch. We are now bringing the project to Saudi markets, with a number of select villas and property units available for sale at Jrex,'

said Yousuf Kazim, General Manager of Jumeirah Park.

'Jumeirah Park's unique position as an important member of the Jumeirah Family of Brands and as a development placing a premium on sustainability and eco-friendliness is expected to catalyze strong investor interest at Jrex,' he added.

Nakheel's participation is its first in the Jrex, an annual attraction among leading property companies in the Middle East. With the event's high-profile participants, Jrex will provide a perfect platform to highlight Jumeirah Park's unique attributes. The 2006 edition of the exhibition pooled together over 150 exhibitors, attracted 40,000 plus visitors and conducted business worth Saudi Riyals 1.8 billion.

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About Jumeirah Park

Located at the heart of Dubai's most desirable residential district, Jumeirah Park is a secure, integrated and family orientated residential community spreading over 370 hectares. The community combines well - crafted villas with the richness of expansive parks, eco-friendly green spaces and family orientated amenities.

Launched on 6th September 2006 Jumeirah Park features 2,000 villas, and is the latest addition to Nakheel's Jumeirah family that comprises Jumeirah Village, Jumeirah Golf Estates, and the award winning Jumeirah Islands.

For more information please visit www.jumeirahpark.com

About Nakheel
Nakheel is the uniquely focused property development company behind a variety of new landmark developments in Dubai. Nakheel aims to redefine the concept of property development whether residential, tourist, commercial or retail.

Nakheel's portfolio currently includes The Palm, The World, Jumeirah Islands, The Gardens, Ibn Battuta Mall, Jumeirah Lake Towers, Jumeirah Golf Estates, The Lost City, International City, Discovery Gardens, Jumeirah Village and Dubai Waterfront.

For more information please contact:
Natalie Orban, Senior PR & Marketing Officer on +971 4 368 6901; fax on +971 4 361 2677

Or

Orient Planet PR and Marketing Communications
P O Box 23345, Dubai, UAE
Tel: 00 971 4 3988901; Fax: 00 971 4 3988941
Website: www.orientplanet.com

Posted by Anne-Birte Stensgaard, Senior News Editor
Wednesday, February 21 - 2007 at 11:50 UAE local time (GMT+4)

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