The Palm Jumeirah and Palm Jebel Ali - Great Places for Real Estate Investors to Invest in Dubai
The artificial islands in Dubai, UAE, where major residential and commercial infrastructure will be constructed are the Palm Islands. These islands are the biggest land reclamation project in the world and will ultimately become the world's largest man-made islands. Nakheel Properties, a property developer in the UAE, are constructing these islands, and they have hired the Dutch marine and dredging contractor, Van OOrd, one of the specialists in land reclamation. These islands are the Palm Jebel Ali, the Palm Jumeirah and the Palm Deira.
Sheikh Mohammed bin Rashid Al Maktoum commissioned the islands so as to increase tourism in Dubai. Every settlement is supposed to be in the shape of a palm tree, which is topped by a crescent, and will have quite a number of entertainment, leisure and residential centers. The Palm Islands are situated in the Persian Gulf off the coast of UAE and will add about 520 km of beaches to Dubai city.
Jumeirah Palm Island in Dubai is one of the most grand Real Estate developments in the world, said to be the eighth wonder of the world because it can be seen from space with another very important landmark, which is The Great Wall of China.
The Palm Island Jumeirah is the first of the three Palm Island Dubai projects and it began handover to owners in November 2006. Owners are making the most of their investments by giving this wonderful accommodation and location to is to manage their properties. Shoreline Apartments on the Palm, which is fully furnished to suit the customers is offered by Dubaishortstay.com. These Shoreline Apartments are completed to a high level of design and are located in a quiet area with their own beach in front looking over the 7 Star Burj Al Arab hotel. All the Shoreline Apartments have direct access to the beach. The Beach Clubs offer gym facilities, internet facilities, nice pool areas which look over the beach, and also café facilities. Restaurant facilities will also be available in the beach clubs very soon.
The Palm Jumeirah is close to all the facilities - all the hotels are situated very close to The Palm and so are the shopping malls, ski resort, supermarkets, ice cafes and other facilities. This is a prime location for visitors to go see when in Dubai.
Long-term rentals and short-term rentals will help you to capitalize on one of the most sought-after landmarks on earth and it will also be one of the tourist destinations of the world.
The Palm Jebel Ali's construction was started in October 2002 and it is expected that it will be completed in the middle of 2008. It is expected to accommodate 1.7 million people by 2020. it will be encircled by the Dubai Waterfront once it is completed. This project is 50% bigger than the Palm Jumeirah and will include six marinas, 'Sea Village', a water theme park, homes built on stilts above the water and boardwalks will encircle the 'fronds' of the ;palm' which will spell out an Arabic poem by Sheikh Mohammed bin Rashid Al Maktoum
Take wisdom from the wise
It takes a man of vision to write on water
Not everyone who rides a horse is a jockey