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www.orientplante.com Nakheel, one of the world’s premiere property developers behind some of the most iconic projects in Dubai, has recently showcased its projects at Arabian World Travel and Tourism Exchange 2004 (AWTTE), one of the leading travel and tourism trade fairs, held in Beirut, Lebanon from October 8-9, 2004. At AWTTE, Nakheel showcased its projects that have created unparalleled opportunities for investors to develop the tourism infrastructure in Dubai.
Speaking to an audience of consisting of high ranking government official, tourism investment authorities and industry leaders in the travel and tourism industry, Wahid Attalla, Executive Director of Commercial and Operation, Nakheel said: “Dubai is the second largest tourism industry in the region following Egypt and achieved this position in a short span of time by strategically developing tourism interests that targets high spending individuals offering them an outstanding holiday experience. Dubai is also the first city in the Middle East region to capitalise on the link between the travel and tourism and real estate industry. By spreading our skills evenly in the development of real estate, business and commercial trading activity, international events and sporting spectacles, we have created a thriving tourism market, increasing our international standing as the most desirable tourist destination in the Middle East.”
“As the premiere property developers in Dubai, Nakheel has always complemented the Emirates’ initiative by developing iconic projects that addresses in with the real estate and the touristic infrastructure needs of Dubai. All our projects are planned with the central objective of fulfilling the central objective of increasing touristic activities and at the same time develop Dubai into a secure destination for investment,” he added.
The tourism industry is growing rapidly in Dubai, creating immense opportunities for investment in hospitality and lifestyle industry. Nakheel’s signature projects, The Palm Jumeirah, The Palm Jebel Ali and The World have evinced a great deal of interest from investors from all over world, who are keen to develop exclusive resorts and holiday homes on the development. The Palm Jumeirah is hosting a 2000 room, US$ 1.1 billion theme park and resort, Atlantis, which at approximately 40 acres will be the largest in the region.
The Atlantis, which is developed by Kerzner and Istithmar, will feature unique water attractions, one of the world's largest marine habitats, a snorkel trail and an array of water slides and other attractions with the capacity of attracting over 6000 daily visitors. The Palm Jumeirah will also offer 49 themed boutique hotels with more than 11,600 rooms in addition to extensive commercial and retail amenities. The Palm Jebel Ali is to host a huge aquatic park in addition to housing 50 luxury hotels with 20,000 rooms. Nakheel is also developing other key attractions such as the International City, which will combine commercial, residential and tourism interest under one roof.
“Tourism will become the mainstay of Dubai as city offers unparalleled investment options. Investors in Nakheel projects stand to benefit the custom of a progressive property developer who has created an innovative portfolio options for a wide variety of investors,” said Attalla. “By addressing the niche market of Tourism infrastructure, Nakheel is defining the rules of a highly specialised market segment, which is accorded the highest of priorities by the authorities. Our success lies in our capacity to understand the strategic needs of the Emirate and conceive of these one off projects, which are truly outlandish and contribute heavily to driving a positive change in the investment landscape of Dubai.”
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About Nakheel
Nakheel is the uniquely focused property development company behind a variety of new landmark developments in Dubai. It aims to redefine the concept of property development whether residential, tourist, commercial or retail. Nakheel's portfolio currently includes The Palm, The World, Jumeirah Islands, The Gardens, The Gardens Shopping Mall, Discovery Gardens, Jumeirah Lake Towers, International City, Jumeirah Village and Lost City.
For further information contact:
Orient Planet PR and Marketing Communications
P O Box 23345, Dubai, UAE.
Tel: 00 971 4 3988901; Fax: 00 971 4 3988941
Email: info@orientplanet.com Website: www.orientplanet.com |
