Nakheel: The Jewel acquires great interest from investors

Published February 10th, 2005 - 06:04 GMT
Al Bawaba
Al Bawaba

Nakheel, a leading property developers in Dubai, announced The Jewel, an exclusive residential complex located on the western side of the trunk at The Palm, Jumeirah has acquired great interest from investors world wide, with several hundred units sold out inside the development  within a week since the sales opened. 

 

The Jewel is a collection of seven uniquely designed buildings that form part of a private beachfront community that consists of elegant homes, rich surroundings and luxury amenities set to redefine the concept of seafront living. The development lies adjacent to the Village Centre shopping destination and the marina that can berth hundreds of vessels, including private boats and luxury yachts.

 

Announcing the sale, Wahid Attalla, Executive Director of Nakheel, said, "The Jewel epitomises the luxury living environment that is envisioned at The Palm, Jumeirah. The seafront development offers some of the most elegant living spaces and environments in Dubai, right at the heart of the most exclusive and iconic developments of our time. With The Jewel, Nakheel has set the trend of delivering a secure and inspired investment opportunity that guarantees peace of mind and quality of life to the investor."

 

The Jewel's seven 13-storey buildings themed after exquisite jewels such as Emerald, Ruby, Aquamarine, Diamond, Sapphire, Amber and Tanzanite, will house more than 800 duplexes and penthouses each with elegant interiors and finishes. The Jewel is surrounded by water from three sides, which offers an excellent view of the sea and gives direct access to the beachfront.

 

"The Jewel offers unprecedented levels of luxury to its residents. The development, which is designed to international standards, is poised to ensure the concept of a desirable address, by providing top of the class amenities for its residents," concluded Attalla.