14 May 2008 Press Release
 

Record sales continue at Nakheel's Al Furjan

Record sales continue at Nakheel's Al Furjan
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- 800 villas and terrace homes sold in a few days -

- New sales figures echo success of initial unit offering -


Dubai, 14 May 2008: NakheelNakheelLoading..., a Dubai World company and one of the world's largest privately held property developers, has again achieved an outstanding sales record in its family community development, Al Furjan with almost 800 villas and terrace homes sold in just a few days.

The launch, which included the architectural styles of Dubai, Quortaj and the newly released Al Hejaz, echoes the success of Al Furjan's initial launch which sold out in less than a week in September 2007.

Engineer Mohammed Rashed bin Dhabeah, Director, Al Furjan, said:

"The outstanding sales figures are indicative of the desirability and quality that the market has come to view as synonymous with NakheelNakheelLoading...'s developments. The momentum of sales for Al Furjan is excellent, and we are delighted to be creating this very special community in Dubai, a community that people evidently want to be a part of".

When completed Al Furjan will boast more than 4,000 homes elegantly positioned on 560 hectares of prime community real-estate. Phase one of Al Furjan is comprised of the East and South villages; phase two, which will be made up of the North and West villages of the development will be sold at a later date.

Located in the heart of New Dubai, Al Furjan, meaning 'a collection of small villages', has been designed to deliver a multilayered neighbourhood for families to live and thrive in. Al Furjan boasts four distinct communities each anchored by their own village centre, homes styled in a number of captivating architectural techniques reminiscent of regional culture and a wealth of amenities.

-Ends-

Notes to editors
All information provided is correct at time of printing/release

As masterplans for projects have the flexibility to evolve, facts and specific statistics may change in the future. Please ensure you contact us on a regular basis on nakheel@fourcommunications.com for regular updates or visit the online NakheelNakheelLoading... Media Centre at www.nakheelmediacentre.com

All rendered images are conceptual

Nakheel:
NakheelNakheelLoading... 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.

NakheelNakheelLoading... 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. NakheelNakheelLoading...'s projects are conservatively estimated to be worth US$80 billion. Upon completion NakheelNakheelLoading...'s waterfront projects will have added more than 1000km of shoreline to Dubai's coastline.

NakheelNakheelLoading...'s Dubai portfolio currently includes The Palm Jumeirah, The Palm Jebel Ali, The 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.

NakheelNakheelLoading... 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.

Further information can be found at www.nakheelmediacentre.com

For more information please contact:
Four Communications
nakheel@fourcommunications.com
Tel: +971 55 985 3375/3366

Nakheel
Aaron Richardson,
Media Relations Manager on +971 4 368 6946 / +971 (0)50 553 8201
aaron.richardson@nakheel.com

© Press Release 2008

from Four Communications Group
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