Around the world, The Palm Jumeirah has become a symbol of Dubai's incredible energy, growth and ambition. The truly iconic development stretches out into the Arabian Gulf in the shape of a date palm - the national plant of the United Arab Emirates.
The Palm Jumeirah is one of the world's largest man-made islands (with The Palm Jebel Ali and The Palm Deira the only bigger ones) and home to a residential, tourism and leisure destination created by Nakheel, a key company in Dubai's transformation from a sleepy fishing village into one of the fastest growing cities in the world.
Located off the coast of Jumeirah, Dubai's most prestigious district, The Palm Jumeirah is a landmark in engineering providing luxury residences, retail and leisure facilities across three main areas - the trunk, crescent, and fronds.
The project commenced in 2001 with land reclamation - a feat in itself, as land reclamation of this size and scale, and in the complex shape of a palm tree, had never been achieved before. From the first grain of sand being laid in the Arabian Gulf to the first residents moving in will have taken little more than five years.
Announced in 2001, with sales launching in 2002, The Palm Jumeirah has attracted buyers from Chile to China, New York to Nepal, with the first residents moving into the 4,000 villas and apartments completed as part of the first phase of the project build at the end of 2006.
The project is still ongoing and the next 5-6 years will see the island become one of the world's premier resorts, offering more than 30 beachfront hotels, including Atlantis, The Palm, as well as a wealth of retail and leisure choices.
The 16 fronds which form the head of The Palm Jumeirah will be home to some of the most luxurious villas in the world each with its own beachfront, and will create the main residential area of The Palm.
With an upscale mix of residences, retail, hotels and leisure, the trunk is the hub of The Palm Jumeirah. The Palm Golden Mile, opening in 2008, and the Shoreline Apartments will be home to a range of standard and luxury apartments, penthouses and town homes, all housed in waterfront buildings. The spectacular centerpiece of the trunk is The Trump International Hotel and Tower, a stunning hotel and residence tower and the first joint venture between Nakheel and The Trump Organization.
Of course, you won't necessarily have to be on land to stay at The Palm Jumeirah, as one of the world's most famous cruise-liners, the QE2, is set to find a permanent home there from 2009. Another world renowned tourism attraction due to take up residence will be the spectacular Cirque du Soleil. The permanent theatre will be an entirely original show specifically created for The Palm Jumeirah. The premier will be showcased towards the end of 2010.
Now synonymous with Dubai's vision of the future, The Palm Jumeirah is an iconic landmark, not only in the Gulf region but throughout the world. Symbolic of the thriving tourism, leisure and retail industries of Dubai, The Palm Jumeirah is a feat of engineering the like of which has never been attempted before.
Proudly positioned as Nakheel's flagship development, the glamorous, innovative and ambitious The Palm Jumeirah is a truly unique development which has been at the forefront of Dubai's growth as an internationally recognised tourism and business destination.
The Palm Jumeirah: key facts
The Palm Jumeirah is one of the world's largest man-made islands, covering 560 hectares of land
More than 600 football pitches could sit comfortably on The Palm Jumeirah
It is more than one and a half times the size of Central Park, and approximately four times the size of Hyde Park
94 million cubic metres of sand and 7 million tonnes of rock have been used in the build
The amount of material used could create a 2 metre high and half a metre wide wall that would circle the globe three times
The island includes the first ever curved breakwater
This is the first time such a complex shape has been created through land reclamation.
A six-lane sub-sea tunnel has been built to connect the spine to crescent. The tunnel is 1.4 km long; 40m wide; and 25m below sea level to allow 10m for boats to navigate above
Once completed, The Palm Jumeirah will be home to more than 70 different nationalities set to move in to the development
Every single one of the first phase properties - 4,000 in total - sold within 72 hours of the initial sales release.
Average premiums on properties are between 70 per cent and 120 per cent, with some reaching up to 300 per cent
The fronds will be home to more than 8,000 residents, with each villa enjoying unique beachfront living thanks to the white sandy beaches that front the villas private gardens
The Palm Golden Mile residence, opening in 2008, will be home to more than 700 apartments, ranging from one bedroom apartments to penthouses and town homes, all housed in waterfront buildings
More than 2,600 apartments consisting of one, two and three bedroom units form the Shoreline Apartments, along with 80 luxurious penthouses.
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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 21st century: creating a world class destination for business and tourism.
Nakheel is developing a broad portfolio of 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, which is projected to be worth more than US$30 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 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.nakheelmediacentre.com
For more information please contact:
Four Communications
Nakheel@fourcommunications.com
Tel: +971 (0)4 362 5129 / +44 (0) 870 444 4568
Nakheel
Aaron Richardson,
Media Relations Manager
+971 4 368 6946 / +971 (0)50 553 8201
aaron.richardson@nakheel.com
© Press Release 2007
