Sale of Jebel Ali Residential Properties gets underway
The Palm, Dubai's residential, leisure and tourism island development has released for sale its first residential properties on Jebel Ali. In total 2,000 properties will go on sale comprising of a combination of Signature Series Villas, Canal Cove Town Homes and Garden Homes.
“We expect interest to be extremely strong in the properties on The Palm, Jebel Ali, following the rapid sellout of all villas on The Palm, Jumeirah, in a short period of time last year”, said Chairman of The Palm, Sultan Bin Sulayem.
Construction is well underway on the second palm-tree shaped island, located in the waters of the Arabian Gulf and adjacent to the Jebel Ali Golf Resort and Spa. An up front ten percent deposit is required to secure all bookings, and ownership of the properties is on a freehold basis to all nationalities.
The Palm involves the creation of the world's largest two man-made islands known as the Palm, Jumeirah and the Palm, Jebel Ali. Located just off the coast of the city of Dubai in the United Arab Emirates (UAE), the two palm tree shaped islands are expected to contribute to the city's position as a global tourist destination. The project will increase Dubai's shoreline by a total of 120 kilometers and create a large number of residential, leisure and entertainment opportunities. — (menareport.com)
© 2003 Mena Report (www.menareport.com)