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Over the coming two decades, Nakheel's landmark waterfront developments
in Dubai including The Palm Jumeirah, The Palm Deira and Dubai
Waterfront will add more than 40,000 new berths - cementing Dubai's
role as a world-renowned hub for luxury leisure boating in the Gulf.
Nakheel also confirmed that more than 60 per cent of its Marina
Residences project on The Palm Jumeirah had now been sold, with the
second phase now sold out and a third phase to be launched at the
Kuwait Boat Show, held from 21-25 April 2007. Marina Residences are the
first properties available to buy on The Palm Jumeirah in more than
four years.
Marina Residences is a flagship leisure boating development for
Nakheel based at the top of the trunk of The Palm Jumeirah and features
940 of the most exclusive and well-appointed marina homes in the
region. With an enviable and exclusive location, and with residents
receiving first refusal of one of 600 coveted yacht berths, they offer
a stunning base for yachting in the Gulf region.
Manal Shaheen, Nakheel Director - Sales, Marketing and Customer Service, said:
'The Kuwait Boat show is already proving to be a success
attracting the highest calibre of exhibitors and visitors, who will
number around 10,000 by the end of the week. We are very proud to have
The Palm support the show as the diamond sponsor. There is a very good
reason why we decided to become involved. Through innovative and iconic
projects such as The Palm and The World in Dubai, Nakheel has become
renowned throughout the world for our landmark waterfront developments."
'Our recent launch of the Marina Residences on The Palm Jumeirah is a
great demonstration of how keen we are to attract the kind of
discerning consumers who are attending the Kuwait Boat Show. These
incredible properties are world-class, and perfectly suited as a base
for sailing in the Gulf and there has already been serious demand with
sales exceeding our expectations.'
Marina Residences is made up of six residential towers that rest on
landscaped podiums faced with marinas and access to a private
promenade. At the doorstep of each tower will be Anchor Marina, one of
Dubai's largest marinas with berths for more than 600 vessels and
world-class facilities.
Anchor Marina will be operated by Island Global Yachting, the
world's leading marina company, who have designed, developed and
operated marina projects in North and South America, the Caribbean,
Europe, Asia, Africa and the Middle East. Island Global Yachting will
provide comprehensive design, development and management services to
all Nakheel marina properties and developments.
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