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Article: Bigger and better for Palm Deira.(UAE)(Brief Article)
- Article from:
- MEED Middle East Economic Digest
- Article date:
- November 26, 2004
CopyrightCOPYRIGHT 2004 MEED Middle East Economic Digest. All Rights Reserved. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Local property developer Nakheel launched on 24 November its largest real estate development to date, the Palm Deira. Located on the Deira corniche, it will have an area of more than 80 square kilometres, making it larger than Manhattan.
Investor demand from across the globe, especially for palm villas, convinced the Dubai authorities to opt for a structure three times the size of the original Palm Jumeirah. The development will house 8,000 villas.
The new Palm will be 14 kilometres long and 8.5 kilometres wide. The crescent will run for 21 kilometres and consist of 12 districts and six water inlets. Compared to the other palms' 17 fronds, Palm Deira ...