According to the Dubai government authority, Palm Jumeirah is the “Eighth World Wonder” and its palm tree shape made from rock and sock is quite visible from space. There are many rich people from around the world have bought the mansion on palm and living there. Some of them have given it on rent and receives a good share. The prices of Palm Jumeirah property have increased 30% to 50% of its price in 2008 and there is really a hype of property in the market. Nakheel is the name behind the building of Palm Jumeirah villas and which beliefs in its vision of inspiring humanity. This man-made Palm Jumeirah which is mid of ocean finds to be very soothing and calm by its residents.
According to the authorities, Palm Jumeirah has attracted millions of tourists and will do in future. Moreover, there are also two more man-made islands under construction of the universe and the world which will bring the lots of tourists and residents.
There are many big names who hold property on Palm Jumeirah such as England footballers Kieron Dyer, midfielder west ham, and Afghanistan president Hamid Karzai. This shows that Palm Jumeirah has impressed the people around the globe and are willing to invest in profitable property.
According to the residents, Palm Jumeirah is the best location for unlimited sunbathing with a beautiful view of the ocean. The beaches are well groomed at least two times in a week as it rains very less in Dubai.
The value of Palm properties is increased up to 50% in recent years and the reason behind the uprise price is palm iconic and unique location. The residents have access to world-renowned hotels gyms, swimming pools, spas, the beautiful beaches and amazing restaurants. The villas which are at the fond end are high in price, you can visit the LuxuryProperty.com website to learn more.
The most impressing feature of the Palm Jumeirah is its size which is 4 times the hyde park in London. The Palm Jumeirah trunk is made of motorway fo eight-lane each of which is mile long. There is also much extension going on such as the plan of making more than 40 hotels, especially on the breakwater.
The price of 6 bedroom villa which was aed30 million has increased as compared to the start of fond villas as they have more privacy and broad view of the beautiful ocean. Moreover, renovation is quite common in Palm Jumeirah, you can even start the villa all over again by tearing it. You can upgrade the living area, bathrooms and kitchen area and can increase the villa worth to aed 45 million from aed 30 million.
The villas facing towards the famous Atlantis hotel gives a beautiful view and marked for its creativity. The garden homes and a signature villa on fronds N, G and J are quite different in architecture as they have basement even which can be used as a home cinema or gym by the residents. According to Nakheel, there will be the building of a huge mall soon along with some more beauty saloons, restaurants and links to public transport. Just like the walk, residents will enjoy the complete package after it’s fully complete as then they would not have to go far, everything will be within reach.
According to the residents, the Palm Jumeirah is very soothing as the only sound one hear is of waves which is the residents favorite. One of the owners from Uk said it’s the best location as streets are always clean, very low crime rate and daily collection of garbage. It is really sometimes difficult to leave the house and go for work, it’s a chill place.
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