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Sunday, December 6 - 2009

Nakheel launches sales of Marina Apartments at The Palm Jumeirah

  • United Arab Emirates: Sunday, June 27 - 2004 at 14:49
  • PRESS RELEASE

Nakheel today announced that they have released a total of 900 units for sale, on a freehold basis, within The Palm Jumeirah development.

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  • An artist's impression of the Marina apartments, which went on sale today.
    An artist's impression of the Marina apartments, which went on sale today.
The apartments are uniquely positioned at the heart of the Palm overlooking the marina on the island.

"The Palm has already proven itself as a singularly unique residential location, not merely in Dubai but around the world," said Sultan Ahmed bin Sulayem, Chairman of Nakheel. "We believe that the Marina Apartments complex will prove an irresistible opportunity for those who wish to adopt The Palm as part of their address, with the added benefit of being able to choose from a range of homes to suit their individual styles and budgets."

Covering six luxury residential freehold buildings located at the heart of The Palm overlooking the central marina, Marina Apartments comprise 858 apartments, 12 penthouses and 30 townhouses totalling 900 homes. The complex is housed in one of the most prestigious developments on The Palm - located on the uppermost part of the palm trunk, at the top of 'The Golden Mile'.

"Residents of Marina Apartments can look forward to mooring their boats at private jetties, cruise along the canals, and enjoy the many privileges of a home by the water," Sulayem elaborated.

While the apartments will be housed on each floor of all six buildings, the penthouses will be restricted to two per building on the highest floor, and the townhouses will be located independently, adjoining the marina. The areas between each building and the townhouses will offer picturesque landscaping and recreational areas. Each home has been designed to exacting standards, highlights of which include ergonomic usage of space and choice of stunning sea views.

"Whatever the choice of each individual costumer, what is truly amazing about every home located in the complex is the panorama of magnificent sea views. In addition to views from every window of every home, we have also planned a series of unique View Decks in the buildings facing inwards towards the Marina," he added.

Sulayem confirmed that Nakheel had commenced sales for all Marina apartments at the Palm Sales Office, located on Al Soufuh Road.
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About The Palm
The Palm involves the creation of the world's largest two man-made islands known as The Palm, Jumeirah and The Palm, Jebel Ali. Located just off the coast of the city of Dubai in the United Arab Emirates, the two palm tree shaped islands are expected to contribute to the city's position as a premier global tourist destination. The project will increase Dubai's shoreline by a total of 120km and create a large number of residential, leisure and entertainment opportunities, all within a unique and inspiring setting.

The creation of The Palm is an extraordinary project of grand proportions. Each island will be comprised of more than 100 million cubic meters of rock and sand. Between the two islands there will be over 60 luxury hotels, 5,000 exclusive residential beachside villas, 5000 shoreline apartments, marinas, water theme parks, restaurants, shopping malls, sports facilities, health spas, cinemas and extensive dive sites.

The vision of The Palm was conceived by His Highness General Sheikh Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and UAE Defence Minister. Construction commenced in June 2001 after many years of research and planning.

Each island will take approximately two years to be completely raised from the sea. A further two to three years will be required to complete the infrastructure and the buildings. The end-result will be the creation of two virtually self-contained communities within the islands.

Issued on behalf of The Palm/Nakheel by Hill & Knowlton, Dubai. For further information please contact Briony Peters telephone +971 4 334 4930; mobile 050 455 9048; fax 334 4923.

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