DUBAI FREEHOLD PROPERTY GUIDE
lion square million high-density area, which will be a magnet for international business community, offering state of the art, modern business environment which will position the Dubai Waterfront area as the leading business district for the greater UAE region. In addition to the high-end residential and business properties, Nakheel will also be providing a range of affordable housing for Dubai’s working community, offering a variety of subsidised accommodation, complete with a range of services and amenities.
158
DFPG 2007
the infrastructure required for a self sustainable island city haven. Reclamation of The World is on schedule to be completed in 2008, when the first investors will begin constructing their developments. Nakheel is developing 20 inter-connected islands across North America, with the first residents due to move on to the island in 2010.
Jumeirah Islands
The Palm Deira
Part of Nakheel’s Jumeirah Family, Jumeirah Islands is set across 300 hectares of land and as such is a luxuriously spacious development consisting of 4 and 5 bedroom villas designed for families. The 736
The Palm Deira will be the largest man-made island in the world and a new city within Dubai for more than a million people. The final part of The Palm trilogy, the development will occupy an enormous expanse of reclaimed land in the Gulf between Dubai Creek and the Sharjah border. 12.5km by 7.5km in size, The Palm Deira consists of nine major elements, and when completed, the islands will be linked to the mainland by bridges which extend both the current road transport network as well as the planned Dubai Metro train system. The development will be created in distinct phases, with reclamation of the entire development expected to be completed during 2013. The first phase of development is Deira Island, which features a balanced mix of commercial, residential apartment and mixed use plots set to create a family orientated, self-contained community as well as a commercial hub for visitors and residents alike.
villas are arranged in 50 clusters each containing 16 villas, set among a series of inland lakes, winding water features and lush greenery. All villas were handed over by July 2006, and the development has become established as one of Dubai’s most attractive residential communities, with investment premiums of up to 100 per cent.
The World
Jumeirah Village
The World is 300 islands in the shapes of continents located off the coast of Dubai. Ranging in price from $15 million to $50 million, the islands offer imaginative investors the opportunity to develop Dubai’s most exclusive leisure, residential or tourist developments. Measuring approximately 9km by 7km, The World will cover approximately 931 hectares and add an additional 232km of beachfront to Dubai’s coastline. With five different types of island community: Estate Islands, Mid Density, High Density, Commercial & Transportation, and Resort Islands, The World will be a remarkable collection of villas, apartments, resorts, restaurants and retail outlets set amidst a range of beaches, boating and other leisure opportunities. Yachts will be the primary mode of transport, and strategically placed transportation and commercial hubs have been designed to give the development
Jumeirah Village is a residential and commercial community located in Dubai’s highly desirable Jumeirah district. A mixture of Arabic and Mediterranean villas and stylish town homes, Jumeirah Village has been developed with quality family living in mind and so features community centres, jogging tracks and cycling trails. Spread over 811 hectares, Nakheel is developing more than 2,000 villas at Jumeirah Village. A range of third party developers are also building at Jumeirah Village, including residential towers, commercial units, as well as retail units and hotels.
Jumeirah Heights The latest addition to the Jumeirah Family, Jumeirah Heights is a community of more than 2,300 apartments and townhouses with a variety of localised retail and leisure amenities, in the heart of