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Old January 15th, 2008, 07:52 AM   #961
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Old January 16th, 2008, 06:47 AM   #962
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Nakheel to reveal plans for new era of waterfront development at TDIM 2008


Dubai, 14 January 2008: Nakheel, one of the world’s largest privately-held property developers, will showcase plans for its new era of waterfront development at this year’s TDIM 2008 (Tourism Development project & Investment Market), a new exhibition taking place at Dubai World Trade Centre on 20th to 22nd January.

Nakheel will play a key role in the first ever TDIM exhibition with the largest stand in the company’s history, which is approximately the same size as three Olympic swimming pools. A number of new developments will be revealed in exciting shows talking place in two large domes situated within the stand. Nakheel will also unveil a 13 metre-long scale model of Dubai with an updated show, detailing the role the waterfront has played in the growth of Dubai and the major role Nakheel has played in this.

Each of Nakheel’s waterfront projects will be displayed at the exhibition, including the latest addition to Nakheel’s diverse portfolio of projects, Dubai Promenade. A model of the recently launched waterfront community is set to be revealed, which will allow visitors to see how Dubai Promenade will create a virtual peninsula along the emirate’s shoreline anchored by a spectacular five-star wheel-shaped hotel.

Manal Shaheen, Director, Sales, Marketing and Customer Services, said: “Nakheel is thrilled to play such a major role in the first ever TDIM exhibition. As the creator of some of the world’s most iconic developments, TDIM provides a perfect opportunity to showcase our most visionary projects, such as The Palm Jumeirah and The World, but also the exciting new waterfront projects that we are launching this month. The Nakheel stand is the largest that we have ever created in our history and will feature some truly spectacular attractions.”

Fast Future / Global Futures and Foresight (GFF), a strategic futures think tank, which draws on a global network of business, academics, and future thinkers from across the world, will also feature at Nakheel’s stand. Nakheel is currently sponsoring a study conducted by GFF, titled ‘The Future of Travel and Tourism in the Middle East – A Vision to 2020’; seminars discussing this study will also be conducted at the exhibition.

Manal Shaheen added: “The partnership with GFF provides an opportunity for Nakheel to further demonstrate that we are taking positive steps in recognising the long term effects of ongoing development.”


Project updates: The Palm Trilogy


The first residents began moving into The Palm Jumeirah at the end of 2006 and now more than 1,500 homes have been handed over. The Palm Jumeirah’s villas and apartments sold out within days of launch and now yield average premiums of 70-120%. Over the next three to four years, Nakheel will transform The Palm Jumeirah into one of the world’s premier resorts with an average of 25,000 hotel guests and 20,000 visitors a day. There will be 30 five star hotels including Atlantis and Trump Tower, luxury marinas, and a purpose built theatre for Cirque du Soleil. The QE2 will also be located off The Palm Jumeirah.

The Palm Jebel Ali which will add a further 100 kilometres of coastline to Dubai is progressing at a rapid pace. Reclamation on the project began in October 2002 and reclamation of land from the original masterplan is now 100% complete. Reclamation of additions to the original master plan, including the lengthening of fronds and widening of the spine is underway. Primary breakwater construction work was completed in December 2006 by leading engineering company, Jan de Nul, and infrastructure work commenced in April 2007 with the construction of six bridges by Samsung which will connect to the mainland.

At the opposite end of Dubai, The Palm Deira – the newest and largest of the Palm developments – is also progressing well, and in terms of reclaimed land is already bigger than The Palm Jumeirah. Reclamation of the entire project is on schedule to be completed by 2013. The Palm Deira will add 226 kilometres of coastline and will be 4,635 hectares in size. Eighty per cent of The Palm Deira is expected to be for residential purposes. This new ‘city’ will include a wide variety of facilities, amenities and public services, from schools to hospitals, places of worship to recreational facilities, shopping malls to sports amenities for use by up to one million people.

Based four kilometres offshore from Dubai in the Arabian Gulf, one of Nakheel’s most iconic projects, The World, is also progressing at a rapid pace. Land reclamation has now been fully completed and more than half of the total islands available for sale have been sold. Last year saw a huge demand from investors; with almost 50 islands sold. Measuring approximately 9 kilometres in width by 7 kilometres in length, the development covers approximately 931 hectares and adds an additional 232 kilometres of beachfront to Dubai’s coastline. Cost of islands vary depending on size and location, and are currently between $15- $50 million.
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Old January 16th, 2008, 03:49 PM   #963
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Press Release

Dusit International to launch region’s largest Thai-inspired ‘Devarana Spa’ on Al Osaimi’s luxury resort

1800 square meter spa on The Palm Jumeirah to offer exotic and lavish treatments under the theme ‘Garden in Heaven’




January 16, 2008

Devarana Spa, the luxurious Thai-inspired spa chain and part of the internationally reputed Dusit International Group, has announced the launch of a 1800 square metre spa at the Al Osaimi Group’s AED 1 billion luxury resort, spa and residence project located on the Crescent of The Palm Jumeirah. The move follows an earlier agreement signed by Dusit International and Al Osaimi Group for the management of the project and the inclusion of the hotel’s world-class spa facility featuring traditional Thai service and hospitality. Designed under the theme ‘Garden in Heaven’, Devarana Spa is set to offer guests with outstanding services through age-old therapies combined with modern knowledge, and with an emphasis on pampering and wellness using established Thai health and beauty practices.

The spa, which comprises of nine private single rooms and two double suites, is set to provide its patrons with a fusion of relaxation technologies derived from Thai and Eastern practices and the more modern Western methods. Offering a tranquil interior, which includes Devarana’s trademark contemporary Thai style such as water features, 14th century Thai arch, canopied couches and handwritten poetry on the wall, the spa has also adopted Middle Eastern influence within its overall concept to cater to a wider range of guests. Remaining faithful to the spa’s natural ambiance and its ‘back-to-basics’ philosophy, all therapies within the centre will be complemented by 100 per cent natural products and trained massage experts.

“In our pursuit towards providing the most luxurious lifestyle to the guests and tenants of our maiden project, we are proud to bring renowned Thai hospitality through the addition of Devarana Spa to the lavish facilities within our luxury resort. With utmost customer satisfaction as our primary goal, we recognise the advantages that this partnership will bring to us, as spa services have become an important criterion for hotel selection for clients in the Middle East. We are confident that the presence of this spa facility will attract more tourists and investors to our luxury resort to enjoy utmost privacy, VIP treatment and most of all luxury pampering in a secluded and peaceful environment,” said Arige Abukishk, Executive Commercial Director - UAE, Al Osaimi Investments.

Further embracing its concept, which luxuriously blends Asian and Arabic cultures, the Devarana Spa has developed new treatments by combining authentic Thai therapies with traditional Arabian treatments such as the traditional hammam. The spa facility also offers its existing international treatments, which have been enhanced with the use of indigenous products. Also available among the wide range of services and amenities are foot reflexology, manicure and pedicure areas, changing areas with heat experience, relaxation lounges, reception and a spa shop. More than 30 spa personnel will be trained at Devarana’s base in Thailand, with trainers visiting Dubai to conduct further training.

”As an internationally renowned brand that has built a strong reputation in the rapidly growing hotel and spa industry, we are looking forward towards bringing in our world-class Devarana Spa brand to the Middle East. Through our partnership with the Al Osaimi Group, we are fully dedicated towards delivering our award winning fusion treatments to high potential customers in the region. Our aim is to establish the Devarana Spa experience as an essential part of every guest’s visit to the resort,” said Sam-Erik Ruttmann, Regional Vice President, Middle East, Dusit International. “We will be adding additional sections and elements, which will further enhance the spa’s Middle Eastern accents, particularly keeping in mind the variety of nationalities that visit Dubai and are seeking an unforgettable relaxation experience.”

With more than 25 years of experience in Kuwait and across the GCC, the Al Osaimi Group has established a significant reputation in the market, having delivered major projects distinguished for their excellent design and architecture. Since its inception, the Group has handled various projects in Kuwait and across the region including residential, commercial, retail and hospitality developments. The company’s extensive portfolio covers project development, real estate investment, construction, and engineering performed by the Group’s flagship company - Oriental Constructions (ORICON). The subsidiary firm, which has spearheaded over 15 projects, is handling the Group’s development on The Palm Jumeirah.
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Old January 17th, 2008, 06:03 AM   #964
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I guess they are almost done with all of the building, when is all of the construction done on the Palm Jumeirah
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Old January 18th, 2008, 04:01 AM   #965
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Old January 19th, 2008, 01:36 AM   #966
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This project is just so enormous !!!
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Old January 19th, 2008, 12:26 PM   #967
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19/January/2008

The Palm Jumeirah and Atlantis



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Old January 19th, 2008, 12:44 PM   #968
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19/January/2008

Palm Jumeirah, Logo Island





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Old January 19th, 2008, 10:29 PM   #969
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Old January 21st, 2008, 12:28 PM   #970
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21/January/2008

The Palm Jumeirah and Atlantis from the Dubai Jewel Tower (TECOM area)







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Old January 21st, 2008, 04:34 PM   #971
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Excellent update
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Old January 23rd, 2008, 05:33 AM   #972
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OMG As soon as I observed that building I thought, 'I have seen this before, yeah Paradise Island' then later, I see it is called ATLANTIS just like the Bahamas. Will this one also have underwater features etc?
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Old January 23rd, 2008, 10:43 AM   #973
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Press Release:

IFA HOTELS & RESORTS HANDS OVER FIRST PROPERTY ON THE PALM JUMEIRAH

First customers moved into their only freehold, hotel operator managed residences in Dubai




January 23rd , 2008
The handover of keys to Dubai’s first ever freehold residential buildings to be managed by an international hotel operator, The Palm Residence (Al Nabat & Al Haseer), has started by leading mixed-use property developer IFA Hotels & Resorts (IFA HR). The Palm Residence are freehold serviced residences located on the trunk of the iconic Palm Jumeirah island.

Patrick Smith, VP Asset Management IFA HR, stated, “The Palm Residence is the first of our residential developments in Dubai to be delivered to our customers, a key milestone for our company. We are delighted to be partnering with Fairmont Hotels & Resorts, who have been appointed as the managers of the building and will be responsible for providing the highest of standards to our homeowners.”

In Dubai, IFA HR have sold over 2,000 residential units and are developing a total of 3,000 keys on The Palm Jumeirah, with a value exceeding over US$ 2.5 billion. Welcoming the first of these homeowners is a momentous occasion for the largest foreign investor on the island.

The 250 units of The Palm Residences are located on a world wonder and one of the globe’s most desirable addresses. The average purchase price of a two bedroom sea-facing beach front apartment at launch was between 1.2 million AED (approximately US$ 327,000) and 1.45 million AED (approximately US$ 395,000). However, the value of these apartments at present averages at 3.2 to 3.4 million AED (US$ 872,000 to US$ 926,000) representing an increase in value of over 160%.

With a choice of sea views, these deluxe shoreline apartments will have their own private health club, clubhouse, children’s playground, gardens and restaurant complex. In these Fairmont branded residences, owners enjoy a range of concierge services and the option to purchase additional ‘a la carte’ services that include child-care, housekeeping, grocery shopping and more.

“We greatly value our partnership with IFA Hotels & Resorts,” says Philip M. Barnes, Regional Vice President, Middle East, Fairmont Hotels & Resorts, adding “we are delighted with the opportunity to manage their first project on The Palm Jumeirah and look forward to extending our renowned hospitality in such an unrivalled location.”

Smith continued, “As the next year and a half will see us handing over more than 1,600 residential units in Dubai, this handover of The Palm Residence to our first customers represents the start of great things to come for our company.”
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Old January 24th, 2008, 03:34 PM   #974
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24/January/2008

The Palm Jumeirah

Tiara Residences





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Old January 24th, 2008, 03:46 PM   #975
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24/January/2008

The Palm Jumeirah

Shoreline





















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Old January 24th, 2008, 03:55 PM   #976
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24/January/2008

The Atlantis and the Palm Monorail





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Old January 24th, 2008, 04:12 PM   #977
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24/January/2008

The Palm Jumeirah,villas, beach












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Old January 24th, 2008, 04:18 PM   #978
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24/January/2008

The Palm Jumeirah,villa





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Old January 24th, 2008, 04:21 PM   #979
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24/January/2008

The Palm Jumeirah,Crescent hotel (ROYAL AMWAY)




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Old January 25th, 2008, 06:29 AM   #980
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Awesome photos, Imre.
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