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Last chance to own a Shoreline Apartment on The Palm Jumeirah

Final shoreline apartments for sale on The Palm Jumeirah
Dubai, 9 March 2008: Nakheel , one of the world's largest and most innovative developers, has announced the release of the final Shoreline Apartments - the last opportunity to buy at the much sought-after The Palm Jumeirah apartments.

Lining the Trunk of The Palm Jumeirah, the exclusive apartments come complete with access to private beachfront clubhouses, and boast amenities including world class fitness centres, retail outlets, swimming pools, and direct access to the island's white sandy beaches.

Considered the emerging heart of the island, the Trunk is connected by an innovative monorail system and is home to exceptional hotels, shopping destinations, cafés, and restaurants. The area is already a central hub of activity, with all of the 2,500 Shoreline Apartments handed over. More than 1,500 families have moved into the Shoreline Apartments, with a total of more than 2,000 families residing on the entire island.

The five private beachfront clubhouses will open over the coming weeks, with facilities such as an Australian-themed restaurant and a Latino-style restaurant.

Manal Shaheen, Nakheel , Director, Sales, Marketing & Customer Service, said:

"2008 will be a year of huge change for The Palm Jumeirah. With 2,000 families now residing on the island and more and more amenities opening, the development is no longer simply a concept. More and more families have moved into their homes and are enjoying the fantastic beachfront lifestyle for themselves. It is emerging as a real community, a place where people are establishing their homes and lives.

"These Shoreline Apartments and the upcoming launch of the remaining Marina Residences apartments, as well as the Townhouses and Penthouses offer an exclusive range of beachfront living and a limited opportunity to buy on The Palm Jumeirah. The island's many tourism, retail, and leisure components will only seek further to enhance the already expansive offering and there is no doubt that properties will remain a sound investment for the foreseeable future."

Over the next three to four years, Nakheel will transform The Palm Jumeirah into one of the world's premier resorts with an average of 25,000 hotel guests and 20,000 visitors a day. There will be more than 30 five star hotels on The Palm Jumeirah including Atlantis, The Palm which is now in the advanced stages of development, and Trump International Hotel & Tower, launching next quarter. The development also features marinas, and a purpose built theatre for Cirque du Soleil. The soon to be renovated QE2 will also be located off The Palm Jumeirah.

-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 Nakheel Media Centre at www.nakheelmediacentre.com

All rendered images are conceptual

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 21^st century: creating a world class destination for living, business, and tourism.

Nakheel is developing an iconic portfolio of innovative landmark projects in Dubai across a range of sectors - residential, commercial, retail, and leisure. Nakheel 's developments spread across more than two billion sq ft of land, and its projects are projected to be worth US$60 billion. Upon completion Nakheel 's waterfront projects will have added more than 1000km of shoreline to Dubai's coastline.

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

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.

Further information can be found at www.nakheel.com.

For more information please contact:
Four Communications
Nakheel@fourcommunications.com
Tel: +971 55 985 3375 / 3366 / 3377

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

© Press Release 2008