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Tuesday, July 1, 2008

Jumeirah Village begins to take shape

the Original Post is here.

Jumeirah Village begins to take shape
60% of Infrastructure completed
Dubai, June 26th 2008
Nakheel, a Dubai World company and one of the world's largest and most innovative real estate developers has completed 60% of the infrastructure on Jumeirah Village, marking a major milestone in the ongoing development of the project.
Spread across 811 hectares at the geographic centre of Dubai, Jumeirah Village will be comprised of a variety of residences, offices, commercial property, retail and leisure facilities, with an approximate population of 300,000. Announced in 2004, in the past year the development has made major progress under a new management team.
Marwan Al Naqi, General Manager, Jumeirah Village, said:
"The largest inland project in our portfolio, Jumeirah Village is a major part of Nakheel's vision to transform the desert of Dubai into a series of vibrant communities. Reaching 60% completion of the infrastructure is a major accomplishment and reflects the pace at which the development is progressing."
"In the design of the masterplan, we have used some of the key principles of ‘new urbanism'. A balanced community mix will be achieved through a combination of distinct architecture, extensive landscaping, connected parks and boulevards."
During planning of Jumeirah Village there has been a major focus on the provision of amenities, such as parks, sports fields, schools, mosques, shopping centres, cafes and restaurants, with easy access to community service hubs and public open spaces. All of this will combine to ensure that although Jumeirah Village is the size of a city, it will retain the community feel of a village.
Marwan Al Naqi, General Manager, Jumeirah Village, added:
"Jumeirah Village is designed with the objective of targeting specific shortfalls in the Dubai property market. Jumeirah Village's location at the very centre of the emirate means it has excellent access to the older parts of Dubai, Jumeirah and the new emerging areas such as Jebel Ali. With such emerging areas, there is a huge demand for a wide variety of housing, office space, retail and leisure, and Jumeirah Village will satisfy a significant percentage of this demand. As we continue to develop the project, it is essential that we take into account the changing face of Dubai and as such, the masterplan is designed to evolve with the changing demands."
Located north of Emirates Road and west of Al Barsha Road, Jumeirah Village is bisected by Al Khail Road into triangular and circular portions. The Circle is comprised of commercial, residential and retail components and The Triangle is predominantly made up of villas surrounded by residential towers.

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