Nakheel receives handover of final Marina Residence building

The phased handover of homes at Marina Residences, located at the tip of the island's trunk, began late last year, with close to 100 families already taking occupancy. The handover marks another great milestone in the development of Palm Jumeirah with, ultimately, more than 2000 new residents to be welcomed to the community during this process.

Marwan Al Qamzi, Group Managing Director, Nakheel Development Projects said:

"It is yet another major milestone for Palm Jumeirah as we receive handover of the final building at Marina Residences. We have been working closely with world leading contractors Shimizu Corporation during the past few years to deliver this exceptional development on Palm Jumeirah."

Al Qamzi added, "Palm Jumeirah remains one of the most sought after locations in Dubai and residents at Marina Residences are set to enjoy the best of what Palm Jumeirah has to offer with gorgeous homes, stunning views, and world-class hotels and entertainment on their doorstep."

The waterfront development features six residential towers containing a mix of apartments and penthouses. The most luxurious penthouses are designed over four floors, providing more than 14,000 sq ft of living space. The development is complemented by a number of townhouses which are located along the marina fronted promenade.

Palm Jumeirah is now home to more than 12,000 residents, however the project is still ongoing and the next 5 to 6 years will see the island become one of the world's premier resorts, offering a number of top-brand named hotels, including Atlantis which opened in September 2008, as well as a wealth of retail and leisure choices, offering the ultimate luxury retail, dining and entertainment destination.