Project Palm Land

The Palm Jumeirah

Dubai, United Arab Emirates

www.thepalm.ae

Investment Details

  • Type

    Real Estate

  • Sector

    Hotel

  • Investment Stage

    Land

  • Investment Target

    100,00M AED

  • Investment Type

    Majority

  • Investment Style

    Active

  • Deal Size

    25 to 100 MUSD

  • Investment Start date

    2014-08-28

  • Yield

    Request

  • Built Up Area

    105000 SQF

  • Price per Area Unit

    952 AED

  • Leverage Ratio

    0.00%

Basic Info

  • listing Name

    The Palm Jumeirah

  • Arabic Listing Name

    جزيرة النخلة الجميرة

  • Founded Year

    2001

  • Brief

    Attractive land to build a hotel on the beach, located in the Palm Jumeirah. G+9 with BUA105,000 sqf. Payment plan with Nakheel still 30% to be paid in7 months.

  • Geographical Region

    MENA

Contact Info

  • Address

    Jumeirah Palm, Dubai, UAE

  • City

    Dubai

  • Country

    United Arab Emirates

  • Phone Number

    +971557723318

  • Email

    b.tubaishat@ultrafrontier.com

  • Website

    www.thepalm.ae

Description

The Palm Jumeirah is an artificial archipelago created using land reclamation by Nakheel, a company owned by the Dubai government in United Arab Emirates and was designed and developed by HHCP architects. It is one of three planned islands called the Palm Islands (Palm Jumeirah, Palm Jebel Ali and Palm Deira) which would have extended into the Persian Gulf, increasing Dubai’s shoreline by a total of 520 kilometers.

* Land use: Hotel/ Residental

* G + 9

 

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