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Sales Manager
Industry: Property
Location: Dubai, UAE -
Real Estate Executive Director
Industry: Property
Location: Abu Dhabi, UAE
Changing the map of Dubai
by ArabianBusiness.com staff writer on Thursday, 11 October 2007
It is just over six years ago since the first grain of sands were laid on The Palm Jumeirah, yet already Nakheel has achieved more than many companies achieve in a lifetime. The end of 2006 saw the first residents move onto Nakheel's signature project, and 2007 will see the handover of the first phase of The Palm Jumeirah's 4000 apartments and villas.
Yet it is not just The Palm Jumeirah that is turning an extraordinary vision into reality. Nakheel has completed a number of developments including the world's largest themed mall, Ibn Battuta Mall; the world's largest inland man-made island residential community, Jumeirah Islands; and one of Dubai's most popular residential communities, The Gardens.
With a portfolio of projects ranging across 2 billion sq ft of land worth more than US$30bn, Nakheel is changing the map of Dubai and is playing a key role in shaping the city's future with a portfolio of landmark developments.
As symbols of Dubai's transformation, Nakheel projects such as The Palm and The World have already become iconic landmarks of the 21st century. At this year's Cityscape, Nakheel will show how it is changing the way the world looks at Dubai, showing how human innovation can push back the boundaries of possibility.
Manal Shaheen, Director, Sales, Marketing & Customer Service comments: "Nakheel is one of the world's largest and most innovative real estate developers. It is a major player in the transformation of Dubai and the creator of some of the world's most iconic developments. This Cityscape, Nakheel will be showcasing how it is changing the map of Dubai.
"We have already achieved more than many companies achieve in a lifetime: the first residents have moved onto The Palm Jumeirah and The World is more than 90% reclaimed. However, there are many milestones ahead, and the numbers are pretty outstanding: 1000km of new waterfront; building homes for more than 3 million people; increasing the number of hotels in Dubai by more than 50%. This year's Cityscape is the perfect platform for showing the world how Nakheel is building the vision of Dubai."
The numbers are pretty astonishing. The Palm Jumeirah will be home to more than 30 hotels along its 70km of beachfront, thus increasing the number of beachfront hotels in Dubai by almost 150%.
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