Marina Residences brings in 2000 new residents to Palm Jumeirah
Master developer Nakheel’s announcement to handover the homes at Marina Residences, is likely to bring in about 2000 new residents into Dubai’s Palm Jumeirah.
The phased handover of 980 units in the project, located at the tip of the trunk of the island will continue until early next year, Nakheel said in its statement this week.
Among the 980 units, 940 units are a mix of apartments and penthouses. The luxurious penthouses are designed over four storeys offering about 14,000 sq. ft. of living space. The development also includes 40 townhouses located along the marina-fronted promenade.
The Palm Jumeirah currently houses 12,000 residents and the work in the island is likely to continue over the next 5 to 6 years.
The Managing Director of Nakheel Development Projects, Marwan Al Qamzi, said that at Nakheel, the focus is on delivering quality communities and handover of Marina Residences is another major milestone on Palm Jumeirah.