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Nakheel's plot sales at Jebel Ali Village are a sell-out

Nakheel, a Dubai World company and one of the world's largest and most innovative real estate developers, has sold-out the first phase of plots in Jebel Ali Village in a matter of hours.

  • United Arab Emirates: Wednesday, June 18 - 2008 at 11:12
  • PRESS RELEASE


Jebel Ali Village.
Jebel Ali Village.


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The sale of 22 commercial and residential plots in the planned regeneration of Jebel Ali Village will provide strategically located space for both user groups.

With an eventual population of more than 40,000 people, Jebel Ali Village is being redeveloped into an integrated community, offering a range of apartment sizes and styles; and a wealth of conveniences, from restaurants and cafes, to hotels, supermarkets, fitness facilities, and playgrounds.

The redevelopment has been planned to address a strong need for quality office and residential accommodation for a broad spectrum of the community with convenient access to existing facilities in the immediate area such as Ibn Battuta Mall and the proposed Dubai Metro stations.

Engineer Mohammed Rashed Bin Dhabeah, Director of Al Furjan, said:

'This has been an extraordinary sales result. Investors have realized that the planned regeneration of Jebel Ali Village, along with its prime location provide the ideal position for commercial and residential developers to create their own signature development.'



Jebel Ali Village was constructed in 1977 to provide accommodation for expatriates working on construction of the Jebel Ali Port.

Work on the redevelopment of Jebel Ali Village will begin by the end of this year, with the project expected to be completed by 2013.




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Notes and media contacts

About Nakheel

Nakheel is one of the world's largest privately held real estate developers, and a key player in realising the vision of Dubai for the 21st century: creating a world class destination for living, business and tourism.

Nakheel is developing an iconic portfolio of innovative landmark projects in Dubai, and now in key markets around the globe, across a range of sectors - residential, commercial, hotels, retail, and leisure. Nakheel's projects are conservatively estimated to be worth $80bn. Upon completion Nakheel's waterfront projects will have added more than 1,000km of shoreline to Dubai's coastline.

Nakheel's Dubai portfolio currently includes Palm Jumeirah, Palm Jebel Ali, Palm Deira, The World, Waterfront, The Universe, Jumeirah Islands, Jumeirah Village, Jumeirah Park, Jumeirah Heights, The Gardens, Discovery Gardens, Ibn Battuta Mall, Al Furjan, International City, and Dragon Mart.

Nakheel is a key entity within Dubai World. Dubai World is one of the world's largest holding companies and supervises a portfolio of businesses and projects for the Dubai government across five continents and more than 100 countries.

For more information please contact:

Four Communications -
tel: +971 55 985 3375/77

Nakheel - Anna McGovern, PR & Communications Executive on +971 50 457 5892

Rebecca Leach
Account executive - Four Communications
Four Communications Group plc
W. http://www.fourcommunications.com
Anne-Birte Stensgaard Posted by Anne-Birte Stensgaard, Senior News Editor
Wednesday, June 18 - 2008 at 11:12 UAE local time (GMT+4)

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