Nakheel: Palm Jumeirah is 'not sinking'

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PALM LANDMARK: Nakheel's Palm Jumeirah in Dubai.

PALM LANDMARK: Nakheel's Palm Jumeirah in Dubai.

Dubai-based developer Nakheel on Wednesday strenuously denied reports in the international media that its landmark Palm Jumeirah island was sinking into the Arabian Gulf.

European ground survey firm Fugro NPA Ltd had said that the island is sinking by an average of 5 millimetres a year, and may flood in the future if ocean levels rise.

However Shaun Lenehan, Head of Environment at Nakheel, said that the reports were “wholly inaccurate”.

“The integrity of all buildings, utilities and infrastructure on Palm Jumeirah are testament to the fact that there has been no subsidence,” Lenehan told Arabian Business. “Any settlement of the ground, even as little as 5mm, would generate obvious physical manifestations including masonry cracking, leaking pipes, broken windows and so forth.

“Claims suggesting Palm Jumeirah has sunk by 5mm, as detected by remote sensing (satellite) techniques, are not possible given that NASA’s laser altimeter satellites have an accuracy of only + or – 50 mm,” he added.

The Palm Jumeirah allegations are the latest in a string of worries for the developer, which is part of the Dubai Government-controlled conglomerate Dubai World.

Earlier on Wednesday, Nakheel announced that impairment and termination charges meant it had posted losses of more than $3.6bn during the first six months of 2009, as the global economic crisis hit the Dubai real estate market.

And Dubai World last month shocked the international financial community when it announced it is seeking a standstill deal with banks on its debt, estimated at more than $26bn.

Work on the Palm Jumeirah began in 2001, and the man-made island cost an estimated $12bn to build. Homeowners on the development, which extends 5km into the Gulf, include footballers David Beckham and Michael Owen.

The Palm Jumeirah is also home to the Atlantis Hotel, a sprawling $1.5bn resort which boasts an underwater aquarium, waterpark, and 1539 rooms including a $26,000-a-night suite. The hotel, built by hospitality mogul Sol Kerzner, opened in November 2008 with a lavish party attended by a host of Hollywood stars including Robert De Niro and Charlize Theron.

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Posted by: Concerned

Dubai is like a celebrity - world wide people feel they need to know more on Dubai, stop worrying on Dubai negative media bashing... stars shine out even on moonless night.. Rain or Shine its nearing 3 decades since i set foot on this city, like a celebrity Dubai will bounce back and outshine all negative media bashing...

Posted by: Simon

Global Warming? hmmm...all the sience needs to be re-examined especially as the 'climategate' scientists emails show that the top 'chosen' scientists have been reporting false figures and reports to the UN for years. They have fudged the results and also attacked other scientists who want to examin the UN scientists figures and how they were derived. Speaks volumes... Go onto U-Tube and listen to a very articulate Lord Monckton of England and learn what the real global warming agenda is. Also that the world has been COOLING for the last 7-10yrs and the UN scientists can not explain why... Never just accept what you read in main stream media. The real truth is out there if you ca be bothered to find and research it. Actually U-Tube Glen Beck of Fox news and his interview with Lord Monckton...if that doesn't start to open your eyes...I am sad to say...nothing much will. There are vast amounts of scientists out there who do not agree with the basis on which global warming is being marketed...read up and learn more

Posted by: RAMA

OUR WORRY SHOULD BE MORE ON GLOBAL WARMING, AND POSSIBLE THREAT TO THE ENITIRE MANKIND IN THE YEARS TO COME, A PART OF BANGLADESH IS ALREADY UNDER WATER, AND IN DUE COURSE IT IS ESTIMATED THAT A PART OF MALIDIVES WILL BE UNDER WATER IF CARBON EMISSIONS ARE NOT CONTROLLED . THESE DAYS IT HAS BECOME A FASHION FOR MANY TO ADD OIL ON FIRE ESPECIALLY ON SUBJECTS RELATED TO DUBAI.

Posted by: Mohd

Western Media comes up with all sorts of wrong information. I know there is no such truth in what is being said and this is only to add negative sentiments. As you can all see that Dubai is Regional Hub and we have state of the art Infrastructure,Roads,Airports,Seaports and Metro. We will survive all this as we have done in past.

Posted by: James

Even if the ground level does drop by a few millimetres in some places, one can say that this is quite normal on reclaimed land. Even after ground stabilisation works, the soil particles continue to compact for many years; geotechnical engineers call this consolidation. But in any case, the tall buildings are founded on piles so they would not be affected by movement of the soil around them.

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