Nakheel Properties has launched Jumeirah Lake Towers, a property development located in Dubai. Comprising of 45 designed towers; the complex will be clustered together in groups of three and set amidst lakes and waterways.
In total, the project will cover 730,000 square meters, with the man-made lakes covering an extensive 116,000 square meters in themselves. Retail space will cover 75,000 square meters and the residential and office space a combined 1.9 million square meters.
The project will be sold on a freehold basis to the investors of the 45 plots. Construction has already commenced and is planned for completion towards the end of 2005.
Nakheel is a property development company behind a variety of new landmark property developments in Dubai. Nakheel's goal is to implement solutions that have been conceived after detailed planning and research. Nakheel’s portfolio currently includes the Palm, Jumeirah Islands, the Gardens, the Gardens Shopping Mall and Jumeirah Lake Towers. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
