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The Palm Jumeirah is an archipelago of artificial islands on the Persian Gulf in Jumeirah, Dubai, United Arab Emirates. It is part of a larger series of developments called the Palm Islands , including Palm Jebel Ali and the Dubai Islands , which, when completed, will together increase Dubai's shoreline by a total of 520 kilometres (320 mi). [ 3 ]
Kempinski Hotel & Residences Palm Jumeirah are the first residences to open on the crescent of Palm Jumeirah in Dubai. The project was due to open in 2009, however has been delayed due to the economic down turn. [2] The property began construction in 2006. [3] [4] The operating company of the residences is Kempinski Hotels of Germany.
House prices in the Desert Sheikh fell an incredible 40% in the first three months of 2009, outpacing the fall anywhere else in the world after the investment bubble burst. [4] The crisis led to a decrease in demand for property in Dubai, causing property prices to fall.
These projects included the construction of the Burj Khalifa, the world's tallest building, and the Palm Jumeirah, one of the world's largest man-made islands. The 2007–2008 financial crisis led to the Dubai housing crash in 2009 and a sharp decline in property values and a slowdown in development activity.
Palm Islands, aerial view 2010 map of developments, including Palm Jebal Ali, Palm Jumeirah, Palm Deira, The World, The Universe (not shown here), and Dubai Waterfront.. The Palm Islands consist of three artificial archipelagos: Palm Jumeirah, Dubai Islands (formerly known as Palm Deira or Deira Islands), and Palm Jebel Ali, [1] on the coast of Dubai, United Arab Emirates.
The Palm Islands consist of three artificial islands, Palm Jumeirah, Deira Island, and Palm Jebel Ali. They were commissioned by Sheikh Mohammed bin Rashid Al Maktoum as a way to increase Dubai's tourism. Each island was planned to have a large number of residential, leisure and entertainment centers and will add 520 km of beaches to the city.
Jumeirah Bay: شاطئ جميرا 1.0 41 303 World Islands: جزر العالم 74.1 7 304 Jumeirah Island 2: جزيرة جميرا 2 0.1 3 311 Al Shindagha: الشندغة 0.3 7 312 Al Souk Al Kabir: السوق الكبير 0.9 52,439 313 Al Hamriya: الحمرية 0.8 38,215 314 Umm Hurair First: أم هرير الأولى 1.0 6,482 315 Umm ...
Elite Residence is a supertall skyscraper in Dubai, United Arab Emirates in the Dubai Marina district, overlooking one of the human-made palm islands, Palm Jumeirah.The building is 380.5 metres (1,248 ft) tall and has 87 floors. [2]