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The Palm to hold roadshow in UK

Following keen interest from the UK market in Dubai's iconic Palm project, The Palm will this week begin a week long marketing roadshow in the UK. Whilst there, The Palm will also join a contingent of prominent Dubai companies to support the 20th running of the Dubai International Arabian Horse Race to be held in Newbury on Sunday 20th July.

Sultan Ahmed Bin Sulayem, Chairman of The Palm, said: "The UK market has shown a keen interest in The Palm project with many properties already having been sold to UK investors."

"The lure of beautiful weather every day, ocean views, modern infrastructure, stunning scenery, exclusivity, tax-free living and a safe environment has obviously agreed with these buyers," he added.

Whilst in the UK The Palm will focus their marketing efforts on the second of the two islands - The Palm, Jebel Ali.

Sulayem added: "Positioned 22 kilometres from the first Palm, The Palm, Jebel Ali will provide an escape atmosphere for both residents and tourists alike. It will be a 'Destination', a place of discovery, fun, excitement, activity and entertainment, where both adults and children will be able to experience the enchanting wonders of islands living. Boutique hotels, a sea village, luxury shopping outlets and marinas will all add to the extraordinary atmosphere, enticing both tourists and residents equally."

In total, there will be approximately 2,000 Signature Villas, Garden Homes and Town Homes, together with several luxury apartment buildings and 1060 Water Homes on The Palm, Jebel Ali, which will be 7.5 kilometres in width and seven kilometres in length.

Prices for properties range from Dh1,870,000 to DH5,115,000. An up front 10 per cent deposit is required to secure all bookings, and ownership of the properties is on a freehold basis to all nationalities.

Whilst in the UK next week, The Palm will be promoting their development from The Carlton Tower Hotel, Knightsbridge, London between 10am and 8pm, from the 14th to 17th, and in Newbury at the Dubai International Arabian Race Day Exhibition, Newbury Race Course between 2pm and 5pm from the 18-20 July.