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Select Group, ESIC Acquire Palm Jumeirah Beachfront Plot
May 26th, 2021 - 12:30 GMT

Select Group, ESIC Acquire Palm Jumeirah Beachfront Plot

Select Group and ESIC today have acquired one of the last remaining beachfront plots of land on Palm Jumeirah from master developer Nakheel. The purchase price was not disclosed. Select Group and Emirates Strategic Investments Company LLC (ESIC) acquired the 17,919.24 square meters land plot on the island's west crescent. The joint venture already owned an adjacent land plot, bringing its total beachfront area to 65,410 square meters, Nakheel said ...
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