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Gulf The pearl of the


“Dulce et decorum est Pro patria mori.”

Real recognizes real

“BORN AN ORIGINAL WHY DIE A COPY”

“THE RISE AND FALL OF THE 3rd MIND”


“Dulce et decorum est Pro patria mori.” Real recognizes real “BORN AN ORIGINAL WHY DIE A COPY” “High on Pills” “Want to 1 2?” “fais ta prière”

“THE RISE AND FALL OF THE 3rd MIND” “Do something magical and disappear” “Dulce et decorum est Pro patria mori.” Real recognizes real “BORN AN ORIGINAL WHY DIE A COPY” “High on Pills” “Want to 1 2?” “fais ta prière”

“THE RISE AND FALL OF THE 3rd MIND” “Do something magical and disappear” “Dulce et decorum est Pro patria mori.” Real recognizes real “BORN AN ORIGINAL WHY DIE A COPY” “High on Pills” “Want to 1 2?” “fais ta prière”


“Want to 1 2?”


Nakheel, one of the world’s largest privately-held property developers, has announced two major new projects at their initial concept stages - The Universe, a reclaimed island development which draws its inspiration from the wonders of the solar system, with islands in the shape of the sun, the moon and the planets; and the redevelopment of Port Rashid, with Nakheel announcing its plans to preserve and expand the area which has played a central role in Dubai’s development. The Universe will take shape off Dubai’s coastline close to The Palm Jumeirah, inshore from The World. The Universe is a further indication of Nakheel’s pioneering approach to waterfront developments and will provide a stunning new addition to Nakheel’s groundbreaking and iconic coastal developments The Palm trilogy, The World and Waterfront. The development will create new luxury living space, commercial opportunities and additional coastline – playing a role in the continued economic growth and success of Dubai as a global business and tourism destination. The Universe was being launched at its initial concept stage and will evolve following engineering, feasibility and environmental studies that are already underway. Once these studies have been conducted, a full masterplan will be created. The Universe will be a flagship development of Nakheel’s recently launched sustainability initiative Blue Communities, reflecting a firm commitment to creating a truly sustainable community. Blue Communities seeks to fund research and development activity, and promote active engagement with international experts on the issues of sustainable development, construc-

tion, management and governance of coastal communities around the world. "With the completion of phase one of The World and the successful progress of the Palm Trilogy and Waterfront, we are delighted to announce the concept of The Universe to reveal Sheikh Mohammed’s vision for the new era of waterfront development. Waterfront living is an aspiration for many; a growing number of people from the region and from around the world would prefer to live, work, and entertain in coastal communities and that is why coastal communities are among the fastest growing communities around the globe.

The second concept project is the redevelopment of Port Rashid.

Given the change in the market, port dynamics, and the rise of Jebel Ali Port,

Dubai has always been a city that looks forward and the planned development of The Universe will satisfy the future demand for further waterfront investment opportunities and development in Dubai. The real estate market is driven by the dynamics of demand and supply - The Universe will be a phased project that will evolve to meet future demand. " Sultan Ahmed Bin Sulayem


“Nakheel takes great pride in Dubai’s heritage – as well as in building its future. The redevelopment of Port Rashid will be sympathetic and pay homage to the maritime history that helped shape the success of the emirate. The development will include a maritime museum, and we will ensure that the importance of the site and the people who have worked and lived there since its creation are preserved for future generations.”


The second concept project is the redevelopment of Port Rashid. Given the change in the market, port dynamics, and the rise of Jebel Ali Port, port operations are moving from Port Rashid to Jebel Ali Port. Nakheel is committed to preserving and expanding this site of historic importance with a new urban waterfront that will create real estate, generate jobs, attract tourism and help drive economic growth for Dubai and the UAE. Redevelopment plans are underway, which involve the expansion of the existing Port Rashid land area through land reclamation. The proposed development is a vibrant mixed use urban waterfront set in Port Rashid’s strategic waterside location and proximity adjacent to Bur Dubai. The estimated residential population will be 200,000. Port Rashid will continue to operate as the main port in Dubai for tourist and cruise vessels and this will be integral to the redevelopment. The decommissioning of the general and non-containerised cargo handling operations has been planned for some time and are being transferred to Jebel Ali as a result of increased customer demand for its state-of the art facilities. Redevelopment plans are underway, which involve the expansion of the existing Port Rashid land area through land reclamation. The proposed development is a vibrant mixed use urban waterfront set in Port Rashid’s strategic waterside location and proximity adjacent to Bur Dubai. The estimated residential population will be 200,000. Port Rashid will continue to operate as the main port in Dubai for tourist and cruise vessels and this will be integral to the redevel-

Nakheel, one of the world’s largest privately-held property developers, has announced two major new projects at their initial concept stages - The Universe, a reclaimed island development which draws its inspiration from the wonders of the solar system, with islands in the shape of the sun, the moon and the planets; and the redevelopment of Port Rashid, with Nakheel announcing its plans to preserve and expand the area which has played a central role in Dubai’s development. The Universe will take shape off Dubai’s coastline close to The Palm Jumeirah, inshore from The World. The Universe is a further indication of Nakheel’s pioneering approach to waterfront developments and will provide a stunning new addition to Nakheel’s groundbreaking and iconic coastal developments The Palm trilogy, The World and Waterfront. The development will create new luxury living space, commercial opportunities and additional coastline – playing a role in the continued economic growth and success of Dubai as a global business and tourism destination. The Universe was being launched at its initial concept stage and will evolve following engineering, feasibility and environmental studies that are already underway. Once these studies have been conducted, a full

masterplan will be created. The Universe will be a flagship development of Nakheel’s recently launched sustainability initiative Blue Communities, reflecting a firm commitment to creating a truly sustainable community. Blue Communities seeks to fund research and development activity, and promote active engagement with international experts on the issues of sustainable development, construction, management and governance of coastal communities around the world.


“With the completion of phase one of The World and the successful progress of the Palm Trilogy and Waterfront, we are delighted to announce the concept of The Universe to reveal Sheikh Mohammed’s vision for the new era of waterfront development. Waterfront living is an aspiration for many; a growing number of people from the region and from around the world would prefer to live, work, and entertain in coastal communities and that is why coastal communities are among the fastest growing communities around the globe.

Dubai has always been a city that looks forward and the planned development of The Universe will satisfy the future demand for further waterfront investment opportunities and development in Dubai. The real estate market is driven by the dynamics of demand and supply - The Universe will be a phased project that will evolve to meet future demand. “ Sultan Ahmed Bin Sulayem


nakheel


wild city


life work fun love


Nakheel, one of the world’s largest privately-held property developers, has announced two major new projects at their initial concept stages - The Universe, a reclaimed island development which draws its inspiration from the wonders of the solar system, with islands in the shape of the sun, the moon and the planets; and the redevelopment of Port Rashid, with Nakheel announcing its plans to preserve and expand the area which has played a central role in Dubai’s development. The Universe will take shape off Dubai’s coastline close to The

The development will create new luxury living space, commercial opportunities and additional coastline – playing a role in the continued economic growth and success of Dubai as a global business and tourism destination. The Universe was being launched at its initial concept stage and will evolve following engineering, feasibility and environmental studies that are already underway. Once these studies have been conducted, a full masterplan will be cre-

Palm Jumeirah, inshore from The World. The Universe is a further indication of Nakheel’s pioneering approach to waterfront developments and will provide a stunning new addition to Nakheel’s groundbreaking and iconic coastal developments The Palm trilogy, The World and Waterfront. The development will create new luxury living space, commercial opportunities and additional coastline – playing a role in the continued economic growth and success of Dubai as a global business and tourism destination. The Universe was being launched at its initial concept stage and will evolve following engineering, feasibility and environmental studies that are already underway. Once these studies have been conducted, a full masterplan will be created.

The Universe will be a flagship development of Nakheel’s recently launched sustainability initiative Blue Communities, reflecting a firm commitment to creating a truly sustainable community. Blue Communities seeks to fund research and development activity, and promote active engagement with international experts on the issues of sustainable development, construction, management and governance of coastal communities around the world.

ated. The Universe will be a flagship development of Nakheel’s recently launched sustainability initiative Blue Communities, reflecting a firm commitment to creating a truly sustainable community. Blue Communities seeks to fund research and development activity, and promote active engagement with international experts on the issues of sustainable development, construction, management and governance of coastal communities around the world.

activity, and promote active engagement with international experts on the issues of sustainable development, construction, management and governance of coastal communities around the world.

The Universe will be a flagship development of Nakheel’s recently launched sustainability initiative Blue Communities, reflecting a firm commitment to creating a truly sustainable community. Blue Communities seeks to fund research and development


The Universe will take shape off Dubai’s coastline close to The Palm Jumeirah, inshore from The World. The Universe is a further indication of Nakheel’s pioneering approach to waterfront developments and will provide a stunning new addition to Nakheel’s groundbreaking and iconic coastal developments The Palm trilogy, The World and Waterfront. The development will create new luxury living space, commercial opportunities and additional coastline – playing a role in the continued economic growth and success of Dubai as a global business and tour-

ism destination. The Universe was being launched at its initial concept stage and will evolve following engineering, feasibility and environmental studies that are already underway. Once these studies have been conducted, a full masterplan will be created. The Universe will be a flagship development of Nakheel’s recently launched sustainability initiative Blue Communities, reflecting a firm commitment to creating a truly sustainable community. Blue Communities seeks to fund research and development activity, and promote active engagement with international experts on the issues of sustainable development, construction, management and governance of coastal communities around the world.

The Universe will be a flagship development of Nakheel’s recently launched sustainability initiative Blue Communities, reflecting a firm commitment to creating a truly sustainable community. Blue Communities seeks to fund research and development activity, and promote active engagement with international experts on the issues of sustainable development, construction, management and governance of coastal communities around the world.


Since the UAE — a nation of 7 emirates — was established in 1971, Dubai has seen phenomenal growth. Inspired by the vision and guidance of H.H Sheikh Mohammed Bin Rashid Al Maktoum, Ruler of Dubai and UAE Vice President, this emirate embarked on a journey which transformed it from a trading post in the Arabian Gulf to the thriving metropolis that it is today. Surrounded by vast dunes of rolling sand lapping at the foothills of the arid Hajar mountains to the east, Dubai has come of age as the ideal tourist destination. Often known as ‘The City of Gold’ or ‘The City of Lights’, these days it seems like it could be known as ‘The City of Records’. With the first 7-star hotel, the largest man-made islands and the richest horse race in the world. Dubai is also breaking records for tourism growth. Between 2001 and 2004 the yearly number of visitors to Dubai has grown by almost fifty per cent to over 6 million. The luxury lifestyle that Dubai offers is perfect for the discerning tourist; the city boasts over 30 five-star hotels, and has more hotel rooms than Miami Beach. A wealth of first class restaurants conjure up a world of tastes from around the globe. In fact, the only difficulty you’ll have in terms of food is making your mind up what to choose. From Japanese to Lebanese, the variety of restaurants in Dubai is the best in the region.

If you enjoy sports, then Dubai is leading the way in the Middle East. Prime sporting events held annually include the Dubai World Cup (the richest horse race in the world), International Power Boat Racing, Dubai Desert Classic Golf Tournament, Dubai Tennis Open and the Dubai Rugby Sevens. Dubai also offers a great range of choices for the active visitor: a selection of some of the world’s best golf courses, water sports, and unique opportunities for desert adventures. If you like to shop then Dubai is a dream; if you are not a shopaholic, then prepare to become one. Whether it’s refined boutiques or fascinating souks, grandiose shopping malls or great value independent outlets, there is something for everyone. Retail is such an important part of Dubai that there are two festivals a year to celebrate shopping: the hugely successful Dubai Shopping Festival (January - February) now attracts more than 3 million visitors, while the Dubai Summer Surprises has been unleashing summers of fun and learning since the summer of 1998.


The Pearl of the Gulf


Since the UAE — a nation of 7 emirates — was established in 1971, Dubai has seen phenomenal growth. Inspired by the vision and guidance of H.H Sheikh Mohammed Bin Rashid Al Maktoum, Ruler of Dubai and UAE Vice President, this emirate embarked on a journey which transformed it from a trading post in the Arabian Gulf to the thriving metropolis that it is today. Surrounded by vast dunes of rolling sand lapping at the foothills of the arid Hajar mountains to the east, Dubai has come of age as the ideal tourist destination. Often known as ‘The City of Gold’ or ‘The City of Lights’, these days it seems like it could be known as ‘The City of Records’. With the first 7-star hotel, the largest man-made islands and the richest horse race in the world. Dubai is also breaking records for tourism growth. Between 2001 and 2004 the yearly number of visitors to Dubai has grown by almost fifty per cent to over 6 million. The luxury lifestyle that Dubai offers is perfect for the discerning tourist; the city boasts over 30 five-star hotels, and has more hotel rooms than Miami Beach. A wealth of first class restaurants conjure up a world of tastes from around the globe. In fact, the only difficulty you’ll have in terms of food is making your mind up what to choose. From Japanese to Lebanese, the variety of restaurants in Dubai is the best in the region.

If you enjoy sports, then Dubai is leading the way in the Middle East. Prime sporting events held annually include the Dubai World Cup (the richest horse race in the world), International Power Boat Racing, Dubai Desert Classic Golf Tournament, Dubai Tennis Open and the Dubai Rugby Sevens. Dubai also offers a great range of choices for the active visitor: a selection of some of the world’s best golf courses, water sports, and unique opportunities for desert adventures.

If you like to shop then Dubai is a dream; if you are not a shopaholic, then prepare to become one. Whether it’s refined boutiques or fascinating souks, grandiose shopping malls or great value independent outlets, there is something for everyone. Retail is such an important part of Dubai that there are two festivals a year to celebrate shopping: the hugely successful Dubai Shopping Festival (January February) now attracts more than 3 million visitors, while the Dubai Summer Surprises has been unleashing summers of fun and learning since the summer of 1998.


G

General Who is Nakheel and when was the company formed? How many developments does Nakheel have? How big are Nakheel’s developments? Can international buyers purchase property in Dubai? Is Nakheel developing overseas? How well have Nakheel’s properties sold? How does Nakheel reclaim such complex island shapes? What is the environmental impact of Nakheel’s waterfront developments? Is Dubai a safe city? Does Nakheel receive a lot of interest from celebrity buyers? If I want to find out more about Nakheel offering, who do I contact? Customer Can another individual be authorized to act on the property owner’s behalf on any property dealings? Who is entitled for a Residency Visa? Can a property be registered under an offshore company? What are the required company documents needed for submission? What can be done if property documents are lost? Can a property be transferred to another Individual or Company? Who bears the exchange rate gains or losses on transfer of funds? What are the property transfer charges?

What are the acceptable modes of payment?


the pearl of the gulf  

dubai's urbanism

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