NewsPalm Jumeirah
Kid bought villas worth $44 million in Dubai
Even by the standards of a city that celebrates extravagance, it was a spectacular shopping spree: In just two weeks early last year, an 11-year-old boy from Azerbaijan became the owner of nine waterfront mansions. The total price tag: about $44 million — or roughly 10,000 years’ worth of...
Handover begins on Palm Jumeirah
The handover of apartments at Marina Residences on Palm Jumeirah will begin this month, The National reported. Located at the tip of Palm Jumeirah’s trunk, this residential complex of six towers comprises 980 apartments, all of which are sold out. At the same time, construction on Gateway Towers,...
Nakheel’s Marina Residences set for handover from April
Nakheel, the developer of Marina Residences on Palm Jumeirah, will begin handover of the residences in April 2009. Being more than 90% completed, the 900 homes scheduled for handover will be spread across the six towers located at the tip of Palm Jumeirah’s trunk. Work at Marina Residences has...
Al Habtoor to construct Dubai Pearl
Pearl Dubai has awarded a Dh 8.85bn contract to Al Habtoor Leighton Group for the construction of the Dubai Pearl-project, located next to Palm Jumeirah. This contract the largest single contract in the region, and makes Al Habtoor the main contractor of Pearl Dubai covering components such as structural...
Design reaches new heights in The Habtoor Island Resort and Spa project
Announcing the recent launch of the Habtoor Island Resort and Spa, which is being built in one of the most highly sought after locations on the Crescent of Palm Jumeirah, Khalaf Al Habtoor, Chairman of The Al Habtoor Group, stressed his determination to deliver a total lifestyle resort that sets previously...
GoWealthy.com announces the launch of Jash Hamad
Part of the ‘Shoreline Apartments’ project on Palm Jumeirah, Dubai, Jash Hamad is home to elegant one, two, three and four bedroom apartments that are complimented by breath-taking sea views. All the properties at Jash Hamad are freehold and ready to move in. The development is located on the Trunk...
Palm Jumeirah’s Anchor Marina will open in December 2008
Island Global Yachting (IGY), the luxury marina developer and management company, has today announced that Anchor Marina, the first marina on Palm Jumeirah, is on schedule to open in December 2008. IGY has also confirmed, in an innovative move that marks a change in the way berths are made available,...
Limited damage after fire breaks out at Atlantis
The early morning fire that broke out at Atlantis, The Palm Jumeirah resort caused limited damage, according to a company spokesperson. The fire was contained and affected only the external roof and the lobby dome. The Dale Chihuly centrepiece in the lobby has not been affected, said the spokesperson. “The...
Nakheel to seek US investments tomorrow
Nakheel is scheduled to pay a visit to the United States tomorrow to meet with a number of top US developers and investors seeking investment opportunities in Dubai. Leading Nakheel on this visit to Los Angeles will be Nakheel’s CEO, Chris O’Donnell, and Nakheel’s Director of Sales,...
UAE lands in world top five
The UAE has jumped 23 places to notch the fourth position among the most-active land markets worldwide in the first half of 2008, as global sales reached $64 billion (Dh235bn) during the period, new data revealed yesterday. China topped the list with 44 per cent of global land sales, which were valued...
