Instant upgrade: waterfront living
With yacht purchases on the rise, Nakheel invests in new marinas in Dubai.
Master developer Nakheel is investing Dhs15 million to increase boat mooring capacity on Palm Jumeirah, with two new marinas that will bring the total berths on the island to 600.
Nakheel’s Azure Residences waterfront apartment and restaurant complex on the island’s eastern trunk will see new marinas, as will The Pointe, Nakheel Malls’ upcoming seafront dining and shopping destination.
They have appointed Majestic Marine Engineering LLC to build the new facilities, with Applied Technology & Management, Inc. (ATM) the appointed consultants.
Due for completion this year, the marinas will accommodate a total of 44 boats and yachts up to 30 metres long, and will complement Nakheel’s two existing marinas on the island, at Palm Views East and West, which are already at full capacity with 556 moorings.
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