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Published on : Tuesday, November 15, 2016
In a move to realize its target of attracting 20 million tourists by the year 2020, Dubai is to deliver more projects and properties with the development of Palm Jumeirah, a new Island in the coast of Dubai.
The project which is expected to be delivered in mid-2020 include The Palm Tower, a stunning 52-storeyed residential and St Regis hotel complex with a rooftop infinity pool, restaurant and viewing deck; the Nakheel Mall, The Pointe, The Palm Boulevard.
In September this year, the Palm 360 was unveiled- an iconic, twin-tower hotel and residential projection featuring 12,000 square foot branded penthouses that offer the ultimate in luxury living.
Dailytrust.com quoted Nakheel, Chairman Ali Rashid Lootah as saying, “Palm 360 will take luxury living and hospitality to a whole new level. Another iconic development for Palm Jumeirah and a new landmark for Dubai, this unique creation brings together the very best in location, views and amenities at what will undoubtedly be one of the most sought-after addresses in the world.
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.
The Palm Jumeirah is one of the world’s largest man-made islands, and a growing residential, tourism, and leisure destination.
Located off the Dubai coast, Palm Jumeirah is a landmark in engineering, providing luxury residences, retail, and leisure facilities across three main areas – the trunk, crescent, and fronds.