Palm Jumeirah Shoreline Residences Package 4

Dubai, United Arab Emirates

Total Ground Floor Area: 220,000 m2

Project Budget: 400,000,000 USD

Developer:  Nakheel Developers PJSC

Project Manager: PM Global Project Management Team

Contractor:  Nakheel Palm Jumeirah LLC

Consultant:  ACE Consultants LLC

Construction Period: 2006-2009

Palm Jumeirah, Nakheel’s flagship project, is the world’s largest man-made island and is comprised of a two kilometre long trunk, a crown made up of 17 fronds and a surrounding crescent. Following a number of years of feasibility studies, the Palm Jumeirah was launched in 2001, with reclamation starting in the same year. From the end of 2006, the island’s first residences – comprising 4,000 luxury villas and apartments were handed over during a phased period. Since then, the tourism, leisure and retail elements of the island have been developed, creating a spectacular, world-renowned residential and tourism destination.

The Shoreline Apartments is one and largest single apartment development in Palm Jumeirah Island, which are a group of 20 mid-rise residential buildings developed by Nakheel on the trunk of Palm Jumeirah. Launched in 2003 / 2004 – the Shoreline Apartments are the largest single apartment development on Palm, comprising of 2,604 one, two and three bedroom units. Half of the Shoreline is situated on the beach and many of these apartments have views of the ocean and direct beach-front access (these are the right-hand side buildings). The left hand side Shoreline buildings do not enjoy these same views and thus generally demand lower sale and rental values where Package 4 of the whole development locates. Building names in order from the entrance of trunk: Habool, Anbara, Sarrod, Hallawi, Tamr, Shahla, Keibal, Jash Hamad.

Property Types Available: Apartments
Year Launched: 2003
Year Completed: 2007
Title Type: Freehold
Quality Classification: High-end

Height Classification: Mid-rise
Life Cycle: Mature
Special Classification: Residential Building with some retail
Ready Buildings: 20
Ready Apartments: 2.604

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