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531-apartment complex will dominate skyline at Jebel Ali
Dubai - Master developer Nakheel today unveiled Ibn Battuta Residences, a new, landmark twin-tower complex with 531 luxury apartments, to be built next to Ibn Battuta Mall in Dubai.
The project, launched on the first day of Cityscape Global real estate exhibition, will transform the skyline of Jebel Ali with two 48-floor buildings anticipated for delivery in Q4 2019.
Located just off Sheikh Zayed Road, the residences will be adjacent to Nakheel's world-famous Ibn Battuta Mall, providing on-the-doorstep access to more than 400 shops, restaurants and entertainment facilities. The towers will also be within walking distance of the Dubai Metro, Ibn Battuta Bus Station and Jebel Ali park.
Offering extensive sea and city views, Ibn Battuta Residences will comprise 395 two bedroom and 136 three bedroom apartments, some with balconies and a maid's room. There will also be a podium-level health and recreation complex featuring a landscaped pool deck complete with pools for adults and children, and a gym, as well as four levels of car parking with 900 spaces.
Nakheel Chairman Ali Rashid Lootah said: "Ibn Battuta Residences are strategically located at one of the fast-growing areas in Dubai. The apartments - the highest standard of accommodation available in Jebel Ali - are ideally placed for people who work at the nearby Jebel Ali Freezone or Dubai South, and, being less than an hour by car from Abu Dhabi, offer a convenient address for those who regularly travel to the capital."
Ibn Battuta Residences is the latest addition to Nakheel's growing portfolio of residential leasing portfolio - a key element of the developer's business strategy. The company aims to double its leasing stock to more than 36,000 units over the next five years.
The residences complement a major expansion under way at Ibn Battuta Mall, where Nakheel is adding hundreds of shops, a new cinema complex and two hotels, the first of which will open next month, to the existing retail and leisure hub.
Ibn Battuta Residences is Nakheel's second luxury project to be launched at Cityscape Dubai. The developer yesterday unveiled Palm 360 on Palm Jumeirah, an iconic twin-tower hotel and residential complex that includes a collection of 12,000 sq ft penthouses.
To find out more about Ibn Battuta Residences, Palm 360 and other projects from Nakheel, visit stand S2 E10 at Cityscape, log on to www.nakheel.com or call +9714 390 3333.
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About Nakheel (www.nakheel.com)
Nakheel is one of the world's leading developers and a major contributor to realising the vision of Dubai for the 21st century: to create a world class destination for living, business and tourism. Nakheel continues to deliver and enhance an iconic portfolio of innovative landmark projects in Dubai across the residential, retail, hospitality and leisure sectors.
Our master developments include Palm Jumeirah, The World, Deira Islands, Jumeirah Islands, Jumeirah Village, Jumeirah Park, Jumeirah Heights, The Gardens, Discovery Gardens, Al Furjan, Warsan Village, Dragon City, International City, Jebel Ali Gardens and Nad Al Sheba. Together, these span more than 15,000 hectares and currently provide homes for over 270,000 people. Nakheel has more than 21,000 residential units under construction or in the pipeline.
Nakheel's current and future retail project portfolio covers nearly 17 million square feet of leasable space. Developments include Ibn Battuta Mall, Dragon Mart 1 and 2, Golden Mile Galleria, Nakheel Mall, The Pointe, Deira Mall, Deira Islands Night Souk, Warsan Souk, Al Khail Avenue, The Circle Mall and Nad Al Sheba Mall, as well as major extensions to Dragon Mart (renamed Dragon City) and Ibn Battuta Mall. The retail profile also includes several neighbourhood community centres.
Our growing hospitality project portfolio comprises 14 hotels/serviced apartments with nearly 5,200 rooms at various locations in Dubai, including Palm Jumeirah, Deira Islands, Ibn Battuta Mall, Jumeirah Village and Dragon City.
Media contact: Rebecca Rees on +971 4375 9702 (Rebecca.rees@nakheel.com)
© Press Release 2016
