NAKHEEL COMMENCES HANDOVER OF MARINA RESIDENCES

NAKHEEL COMMENCES HANDOVER OF MARINA RESIDENCES

- PHASED HANDOVER OF 980 HOMES BEGINS
- 2000 RESIDENTS SET TO MOVE ON TO PALM JUMEIRAH

Nakheel, Dubai’s master developer, announced it has commenced handover of homes at Marina Residences, Palm Jumeirah. The phased handover of 980 units at Marina Residences, located at the tip of the island’s trunk, will continue until early next year.
The handover marks another great milestone in the development of Palm Jumeirah with more than 2000 new residents to be welcomed to the community during this process.
Marwan Al Qamzi, Group Managing Director, Nakheel Development Projects said:
“Palm Jumeirah remains one of the most sought after locations in Dubai and residents at Marina Residences are set to enjoy the best of what Palm Jumeirah has to offer with gorgeous homes, stunning views, and world-class hotels and entertainment on their doorstep.”
“At Nakheel our focus is on delivering quality communities and the handover of Marina Residences marks another major milestone on Palm Jumeirah. Going in to the new year we are pleased to welcome more and more families into this growing community.”
The waterfront development features six residential towers containing 980 units, 940 of which are a mix of apartments and penthouses. The most luxurious penthouses are designed over four floors, providing more than 14,000 sq ft of living space. The development is complemented by 40 townhouses which are located along the marina fronted promenade.
Palm Jumeirah is now home to more than 12,000 residents, however the project is still ongoing and the next 5 to 6 years will see the island become one of the world’s premier resorts, offering a number of top-brand named hotels, including Atlantis which opened in September 2008, as well as a wealth of retail and leisure choices, offering the ultimate luxury retail, dining and entertainment destination.

About Nakheel
Nakheel is one of Dubai’s largest developers and a key player in realising the vision of Dubai for the 21st century: creating a world class destination for living, business and tourism. Nakheel is developing an iconic portfolio of innovative landmark projects in Dubai, and now in key markets around the globe, across a range of sectors - residential, commercial and leisure.
Nakheel's Dubai portfolio currently includes Palm Jumeirah, Palm Jebel Ali, Palm Deira, The World, Waterfront, Jumeirah Islands, Jumeirah Village, Jumeirah Park, Jumeirah Heights, The Gardens, Discovery Gardens, Al Furjan and International City.
Nakheel is a key entity within Dubai World. Dubai World is one of the world's largest holding companies and supervises a portfolio of businesses and projects for the Dubai government across five continents and more than 100 countries.