Nakheel puts Palm 360 on show in Shanghai

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Nakheel puts Palm 360 on show in Shanghai
Palm 360 on Palm Jumeirah crescent

Dubai - Taking centre stage in Shanghai is Palm 360, Nakheel's latest addition to Palm Jumeirah

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Published: Wed 22 Mar 2017, 7:44 PM

Last updated: Wed 22 Mar 2017, 9:53 PM

Nakheel is heading to China to showcase real estate investment opportunities worth more than $1.6 billion at the Dubai Property Show in Shanghai this weekend.
Nakheel is exhibiting a diverse range of properties - from luxury penthouses on Palm Jumeirah to family homes at Dubai's biggest Chinese community - with annual rental yields of up to nine per cent. The developer is looking to expand its Far East / South-east Asia investor portfolio, which already boasts over 600 customers who have bought nearly 1,000 Nakheel properties collectively worth $270 million.
Taking centre stage in Shanghai is PALM 360, Nakheel's latest addition to Palm Jumeirah, featuring 12,000 sq ft penthouses towering 220 metres above the island, an infinity sky pool that is longer than a football pitch and, as the name suggests, 360 degree views of Dubai.
Also on show is Warsan Village, Nakheel's new gated community close to International City and Dragon Mart, where more than 50,000 Chinese people live or work. The Nakheel stand will also feature a range of studios, apartments, townhouses, villas and land plots at various other areas of Dubai.
Aqil Kazim, Chief Commercial Officer at Nakheel, said, "Dubai is currently home to 200,000 Chinese people, who make up 10 per cent of the city's population. Around 50,000 of them live at Warsan Village/International City - the biggest Chinese community in Dubai.
"We are delighted to bring our projects to Shanghai, where we will highlight the unrivalled investment opportunities Dubai offers to Chinese people. Investors from this part of the world have already bought nearly 1,000 units, collectively worth almost worth $270 million, with Chinese investors accounting for 90 per cent of them.
"Thousands more Chinese people have invested in Dragon City, our sprawling, ever- expanding mixed-use complex in Dubai and home to Dragon Mart, the world's biggest Chinese trading hub outside China, which welcomes 40 million visitors a year.
"The Dubai Property Show is the perfect platform from which to tell our story, and to encourage more international investors to be part of Dubai's exciting future."


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