Jumeirah Lake Towers - Nakheel Properties in Dubai By Dubai Property: - Nakheel Properties in Dubai - Jumeirah Lake Towers Sep 23, 2004, 13:30

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Jumeirah Lake Towers - Nakheel Properties in Dubai

Jumeirah Lake Towers – A series of attractive residences, offices and retail outlets set in the midst of man-made lakes, waterways and beautifully manicured landscaping. Comprising of 15 clusters of three towers each, every tower is unique not just in the number of storeys, but in concept, design and feel representing the epitome of ultra-modern property development.

An ultra modern property development located just off Sheikh Zayed Road in Dubai.

Comprising 45 uniquely designed towers it will create a contemporary community within itself. Encompassing residential, office and retail outlets, the towers will be clustered together in groups of three and set amidst crystal clear lakes and flowing waterways.

Every tower will be unique, not just in the number of storeys but in concept, design and feel. Overall the project will epitomise modern architecture and provide the very best of waterside environments for residents, office workers and leisure seekers alike.

An impressive 55-storey tower will form the centerpiece of the community and house further offices, a hotel and a gold and diamond centre. Additionally, there will be retail and restaurant outlets and extensively manicured gardens all located within the secure and peaceful environment.

In total, the project located between Interchanges 5 and 6 will cover 730,000 square metres, with the man-made lakes covering an extensive 116,000 square metres in themselves.

Retail space will cover 75,000 square metres and the residential and office space a combined 1,927,530 square metres.

Nakheel, the property development company developing several high profile, innovative projects in Dubai, has announced that 100 per cent of the tower plots have been sold at Jumeirah Lake Towers, a high-rise waterfront commercial and residential development. Furthermore, construction work is well underway at the site, with the first developers laying foundations for towers on the plots they have acquired.

“We have seen a high demand for ambitious residential and commercial developments in Dubai and our projects has generated huge amounts of interest. Water is the unique theme behind Jumeirah Lake Towers. The entire project will be surrounded by lakes, waterways, waterfalls and breathtaking landscapes,” said Sultan Ahmed bin Sulayem, Executive Chairman, Nakheel. “Sea water will be pumped into the project’s waterways every day through underground pipes from the Arabian Gulf. This dynamic water-flow will ensure that the water does not become stagnant. Nakheel has once again redefined the concept of city living by providing a natural-feel to the area,” he added.

Plots on Jumeirah Lake Towers have been offered for purchase since last year. The project is open for investment to locals, GCC Nationals and people of all nationalities, residents and non-residents of Dubai. The plots are purchased on the provision that each investor will construct a tower on each plot, to be used for residential, commercial or retail purposes. Each property developer will adhere to strict Nakheel guidelines in order to maintain the theme and concept behind the project

“As Dubai is fast becoming the centre of business and tourism in the Middle East, Nakheel felt the need for a unique project that showcases the city’s innovative spirit. Jumeirah Lake Towers is the first series of high-rise waterfront commercial towers in Dubai. In addition to commercial towers, the project will also feature a number of residential towers. The project will be a convenient and fully-facilitated ultra-modern development with panoramic views and surroundings, making it the ideal place to live and work in the area,” said bin Sulayem.

Each plot available has a land area of 33m x 50m and is offered to the investor with freehold ownership. Developers can select from three types of towers; in the first type each tower will consist of 35 floors, within the second type every tower will comprise 40 floors and in the third the towers will have 45 floors each.

Jumeirah Lake Towers comprises of 26 clusters, with each cluster having three towers. The Feature Islands within the waterways will have restaurants, with community events being held throughout the year. In addition, an impressive 55-storey tower will be the centrepiece of the entire community and will house a hotel, a gold and diamond centre, which is managed by DMCC (Dubai Metals and Commodities Centre), further offices as well as serve as the corporate headquarters for the project.

“Nakheel is developing the infrastructure, landscaping, lakes and waterways as well as a superior road network. We will also be providing recreational and leisure facilities for residents, with miniature island clusters independently situated at different locations in the lakes, housing themed restaurants, entertainment and leisure facilities,” bin Sulayem added. “We offer a high-standard of living for residents in this, and all of our projects. Jumeirah Lake Towers will be an environment in which families can live, work and play, with leisure facilities and retail and commercial amenities within easy reach.”

The first developers to purchase plots have started construction work. Al Saba Tower and Fortune Tower have announced completion dates of December 2005. Each tower will consist of retail space as well as residential or commercial spaces that will house local and international retail companies.

Contact Jumeirah Lake Towers

P.O. Box 17777
Dubai, United Arab Emirates
Tel.: (9714) 3903333

Nakheel Website: http://www.nakheel.ae/

Email: info@nakheel.ae

About Nakheel

Nakheel is the uniquely focused property development company behind a variety of new landmark developments in Dubai. Its goal is to ultimately implement unique, iconic and genuine solutions that have been created after detailed planning and research.

In an effort to redefine the concept of property development in Dubai whether residential, tourist, commercial or retail, Nakheel has placed great importance on examining the requirements of the different sectors of the community and is developing its visionary projects around these findings.

From projects that will go down in history for sheer magnitude and grandeur like The Palm, to dream-like residences that redefine community living Nakheel’s developments all bear a common stamp – innovative yet practical, exclusive yet affordable, always unique and iconic.

Nakheel relates to the way Dubai thinks, and this helps them to continue setting new parameters of excellence that will stand as symbols of success and innovation for years to come.

Nakheel’s fast growing portfolio currently includes:

The World

The World. The World is Nakheel’s $3 billion project, which has recently seen Eurasian and North American islands reclaimed from a depth of -16 m below the water’s surface. Nakheel Corporation unveiled the concept plans to construct another offshore island development just off the coast of Dubai. The World – Set to consist of a series of over 250 islands, positioned strategically to form the shape of the world map. It will be a haven for investors looking for exclusive and world-class real estate.

Estimated Completion Date: 2008

The Palm Jumeirah

The Palm Jumeirah. The Palm Jumeirah is a man-made island being developed off the shores of Dubai in the United Arab Emirates, covers an area of 7 million square meters and extends 6.5 kilometres into the Arabian Gulf. The Palm - Involves the creation of the world's largest two man-made islands known as The Palm, Jumeirah and The Palm, Jebel Ali. Providing extensive leisure, residential and tourism opportunities it is set to provide the exotic attractions of far-away destinations.

Estimated Completion Date: The Palm, Jumeirah – early 2006

The Palm, Jebel Ali

The Palm Jebel Ali is an entertainment destination for both adults and children, which caters to both residents and tourists. The island will also be 50% larger than The Palm Jumeirah, and will include six marinas, a 'Sea Village', a water theme park and water homes built on stilts between the fronds and the crescent. The Palm - Involves the creation of the world's largest two man-made islands known as The Palm, Jumeirah and The Palm, Jebel Ali. Providing extensive leisure, residential and tourism opportunities it is set to provide the exotic attractions of far-away destinations.

Estimated Completion Date: The Palm, Jebel Ali – end of 2007

Jumeirah Islands

Jumeirah Islands. Jumeirah Islands - An exciting new residential property edevelopment in Dubai comprising of a self-contained community of 50 man-made islands shaped in Dubai and designed on 300 hectares of land. Crystal waterfalls, lush parks, walkway bridges, marinas and boathouses will enhance this residential community. Jumeirah Islands - An exciting new residential development comprising of a self-contained community of 50 man-made islands shaped and designed on 300 hectares of land. Crystal waterfalls, lush parks, walkway bridges, marinas and boathouses will enhance this residential community.

Estimated completion date: April 2004

International City

Nakheel: Dubai International City. The International City project which was launched in November 2003 is yet another ambitious and practical project by Nakheel. The 800-hectare development is divided into six main areas, incorporating residential, commercial and retail buildings. Being developed as a world-class hub for international investors, traders and retailers in the Al Warsan area, just 12km from Dubai International Airport, International City will provide excellent business opportunities, superb tourist attractions and a variety of residential options with different country themes. International City ­– An internationally themed residential, commercial and tourist development set over an incredible 800 hectares of land. The development will be made up of six key areas, including The Central District, Dubai Gates, The Dragon Mart, The Residential District, Lakes District and The Forbidden City.

Estimated Completion Date: First phase by mid 2004, total completion by end of 2006.

Discovery Gardens

Nakheel: Discovery Gardens. Discovery Gardens is Nakheel's new residential concept and is situated at a new interchange along Sheikh Zayed Road located between interchanges five and six. The 420,000 square meter development is a pre-designed complex comprising of six themed communities styled in a variety of garden experiences. The development encompasses the area between Sheikh Zayed Road and Emirates Road. And as with all Nakheel properties, Discovery Gardens will be a self-contained unit with shopping amenities, a mosque, jogging and cycling trails, community swimming pools, football and tennis courts and close proximity to the new Gardens Shopping Mall.

Jumeirah Lake Towers

Nakheel - Jumeirah Lake Towers. Jumeirah Lake Towers – A series of attractive Dubai residences, offices and retail outlets set in the midst of man-made lakes, waterways and beautifully manicured landscaping. Comprising of 15 clusters of three towers each, every tower is unique not just in the number of storeys, but in concept, design and feel representing the epitome of ultra-modern property development by Nakheel. Jumeirah Lake Towers – A series of attractive residences, offices and retail outlets set in the midst of man-made lakes, waterways and beautifully manicured landscaping. Comprising of 15 clusters of three towers each, every tower will be unique not just in the number of storeys, but in concept, design and feel representing the epitome of ultra-modern property development.

Estimated Completion Date: End 2005

The Garden View Villas

Nakheel - The Garden View Villas: Garden View Villas are free hold properties available for UAE nationals and expatriates. The villas are distinctive, built on gentle slopes on a hillside rising 60 meters from the ground providing a view of the sea and the desert. The Pan Arab architectural design forms and imposing visual backdrop to The Gardens.