Posts Tagged ‘Palm Jumeirah’

Dubai property developer Nakheel restarts work at Al Furjan

Saturday, November 13th, 2010

Nakheel, the property arm of  Dubai World, confirmed yesterday that work has recommenced on 523 luxury villas and terraced homes in the Al Furjan development in Dubai.

The company has also confirmed that work has re-started on over 500 homes in the Jumeirah Park development. Both the Al Furjan and Jumeirah Park villas are scheduled to be delivered in the second quarter of 2012.

The Palm Jumeirah – Nakheel’s flagship development – has also seen some new activity over the past few weeks with site preparation work almost complete on the Golden Mile Gardens (a mile long stretch of gardens and walkways connecting the Shoreline apartments and the Golden Mile buildings on the trunk of the Palm island.

This is promising news for the Dubai real estate market and will provide a much needed boost in market confidence as many believe Nakheel is key to the success of the Dubai property industry.

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Your number one community for Dubai property listings, news, information and discussions.

Dubai Palm Island – The 8th wonder of the world

Saturday, March 13th, 2010

Just Rentals Dubai – Location In Focus

The Palm Island Dubai ? officially named the Palm Jumeirah ? needs little introduction. It is famous the world over as Dubai?s flagship property development, home to the rich and famous, home to the Atlantis Hotel and home to some of the most desirable residential buildings in the world!

A massive feat of engineering, the Palm Island is a man-made island in the shape of a Palm tree stretching out some 5 kilometres into the Arabia Gulf. It has been open to residents now for almost 3 years and a lot of changes have taken place since the first lucky residents on this amazing island moved in.

Just Rentals Dubai caught up with some recent tenants who had moved onto the Palm Island having found their dream rental property through the Just Rentals Dubai portal.

Conrad Robert ? originally from the UK – recently rented a 1-bed in the Palm Jumeirah Shoreline Apartments through one of the Just Rentals Dubai registered Agents and is already enjoying the Palm life to the full. ?I love the private beaches and amenities available on my doorstep? he said. ?So many things have opened up recently; I hardly feel I have to leave the Palm. The community feeling is also very good and it?s a great place to come home to after a long day at work. My favourite thing is to hit the gym and pool as often as possible to unwind in the evenings.?

Other popular developments along the Palm Island trunk are the Tiara Residences Dubai ? which have been open now for a good few months ? along with the Palm Golden Mile. Both developments offer luxury living in top-of-the-range apartments. The Golden Mile offers large and spacious apartments finished to a very high standard, whilst the Tiara Residences offer a very impressive resort-style living experience with a huge infinity pool and private beach.

Recent additions to the Palm Jumeirah trunk are more convenience mini-markets along the Shoreline apartments, Costa Coffee outlets, Milk and Honey boutique supermarket, Chocolate Gents Salon, interior designer shops, a photo studio and a florists called Bliss.

There are also a number of restaurants and bars open to residents and the wider public. So far the list includes an up-market Indian restaurant ? Veda Pavilion ? an Aussie themed bar Bidi Bondi, a South American beach club Cabana, a fine-dining restaurant Barca Club and Gusto a world cuisine restaurant and bar.

Of course, in addition to the above bars and restaurants along the Palm Trunk, there is also the plethora of restaurants and bars available at the world famous Atlantis Resort. These include the popular beach club and bar Nasimi, the Sanctuary night-club (which welcomed Kylie Minogue and a number of other Hollywood stars on opening night!), Rostang French Brasserie and Nobu’s.

With more hotels and new residential developments opening in 2010 (including Oceana Residences, the Fairmont Residences, the Palm Jumeirah Marina Residences, and the Emerald Residences on the Palm Crescent), the iconic Palm Island is really starting to take shape and as such this location still remains the most popular place for rental apartments and rental villas in Dubai.

Palm Jumeirah Rents Stabilising

Tuesday, March 2nd, 2010
The Palm Jumeirah Shoreline Apartments

The Palm Jumeirah Shoreline Apartments

The Palm Jumeirah – the iconic Palm-shaped island stretching out into the Arabian Gulf – is now home to some 12,000 residents according to property developer Nakheel and latest rental information collated by Just Rentals Dubai suggests that the rental prices on the man-made island are now stablilising.

The Palm Dubai still proves to be one of the most exclusive residential areas in Dubai and as such rental prices in the apartments and villas on this island are stabilising and in some buildings, particularly the very popular sea facing Palm Jumeirah Shoreline Apartments, rents are starting to increase.

The latest figures from the Just Rentals Dubai listings database shows that the average prices for apartments to rent and villas to rent are as follows:

Dubai Palm Villas:

4-bed Palm villas: AED 478,000

5-bed Palm villas: AED 497,000

6-bed Palm villas: AED 675,000

Dubai Palm Apartments:

1-bed Palm Apartment: AED 129,000

2-bed Palm Apartment: AED 166,000

3-bed Palm Apartment: AED 210,000

4-bed Palm Apartment: AED 364,000

See all properties to rent on the Palm Jumeirah Dubai.