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Tuesday, October 23, 2007

Nakheel to Develop Retail and Leisure Facilities at Palm Jumeirah

One of the biggest names in the property industry across the globe, Nakheel has disclosed plans for leisure and retail facilities for Palm Jumeirah residents. The services will be available through Nakheel’s Shoreline Apartments clubhouses. There will be five clubhouses in all.
Nakheel has entered into an MOU (Memorandum of Understanding) with Emirates Group’s Emirates Leisure Retail in order to begin operating the retail and leisure facilities at the clubhouses by the year end. Initially, the services will be provided at four of the clubhouses. Membership of the clubhouses will be open to the residents of Shoreline Apartments. However, the adjoining restaurants and retail facilities will be accessible to general public.
There will be an array of facilities at each of the clubhouses. A brief overview of the amenities provided is as follows:o Restaurant/ Bar with a Mediterranean, South American, Australian or Asian themeo Coffee shopo ATMso Gymnasium with state of the art health and fitness equipmento Spao Kids’ clubo General storeso Nail barso Hairdressers
At present, a handover of property in the first phase of the Palm Jumeirah is underway. Since the end of last year, more than 1,200 units have been handed over and about 500 families have already moved in on the island. A pulsating community has started developing and good leisure and retail services are required for the same.
Palm Jumeirah is one of the landmark projects under construction in the Dubai property market. At present, it is the largest man-made island in the world with residential, leisure, retail and tourism units. Over the next five years or so, Palm Jumeirah will be a world class resort with more than 30 beach front hotels and a plethora of leisure and retail options.

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