Bayut Dubai Properties & Estate

Palm Jumeirah Gets Another Jewel in Its Stack

Bayut, which is the prime Dubai real estate website that is in operation in the UAE realty market as of today, has reported the initiation of Nakheel’s new project for Palm Jumeirah, which will be yet another jewel in its stack.

 

London, UK -- (SBWIRE) -- 06/19/2012 -- There is no shortage of mega projects to Nakheel’s credit but by the looks of it, the developer is not coming to a stop in the near future.

The company’s quest to build bigger, better developments for the people has given birth to a handful of invaluable projects across the United Arab Emirates. Many of its projects have gotten all the limelight in Dubai real estate and many more are in the pipeline. Palm Jumeirah is another one of its mega projects for which the developers are planning yet another project.

Bayut, the prime Dubai real estate website, is known for keeping an eye on the latest developments in the UAE in general and Dubai in particular. It has extensively covered Dubai Palm Jumeirah and many of its other projects. Of late, Nakheel, one of the biggest developers working on the Jumeirah Palm project is currently planning to build another spectacular waterfront community. Sources have revealed that the new project of Palm Jumeirah Dubai to be comprised of a hundred and ninety two pied-à-terre units, which, as per Nakheel, will definitely sell within no time. The Palm Jumeirah project will be known as the Palm Views.

Sources reveal that this would be one of the very few smaller projects that have been taken up by Nakheel, which has previously been known to work only on multi million dollar projects. The company reckons there is a palpable demand for housing units like these amongst youngsters which is why it is confident that it will be able to sell the units within no time. The construction on the project will begin by the end of 2012. As per some news reports, the development will cover a tiny patch of area and the units will be housed by two buildings. The development will be equipped with a state of the art fitness facility.

For more information please visit: http://www.bayut.com