Dubai man made island Palm Jumeirah Beach

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Dubai man made island Palm Jumeirah Beach

14,000 workers from the sub continent work day and night to complete the man made island Palm Jumeirah at Dubai’s Jumeira Beach. Dubai is still developing at a crazy pace averaging around 10% economic growth per year. Dubai is diversifying its business and economy as oil reserves run down.

Palm Jumeirah is a 12 square mile island group and will include 60,000 residents and 50,000 workers once finished.

It’s a $14 billion business project and a part of Dubai’s ambitions to rival Singapore and Hong Kong as a business hub, and surpass Las Vegas as a leisure capital.

No doubt Dubai is a money making machine.

Atlantis Site Palm Jumeira

Nakheel Developments say that on Nov. 30, the palm will open to some 4,000 residents. The offshore city is set to be completed by 2010.

A redesigned Trump Hotel and Tower on the island is also expected to open sometime in 2009

nakheel development palm jumeirah

Property is booming in Dubai as a shortage of supply to demand continues. Nakheel Developments, one of three big developers ind Dubai, has said it will release 60,000 units in the 2nd half of 2006 alone.

Dubai’s government expects to get 20,000 visitors per day to Palm Jumeira. Meanwhile the Palm Jebel Ali, Palm Deira and The World have run into development problems with design and sales issues holding these projects back.

Villa's on Palm Jumeira

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Dubai’s Palm Jumeirah, a man made island at Jumeirah Beach is nearly finished

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