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The precious metal prices have jumped by nearly Dh10 per gram in the UAE this month so far
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Nakheel plans sales of The Palma Residences
Nakheel, Dubai’s leading real estate developer, will launch the sales The Palma Residences, on April 2, the company announced on Thursday.
Located off the Palm Jumeirah eastern side of the trunk, the project enjoys easy access from Shaikh Zayed Road and is in close proximity to the already popular shoreline and marina residences.
The townhouses will form a distinct community that will complement Palm Jumeirah’s existing residences, consisting of just 104 properties.
With villa prices starting at Dh6 million up to approximately Dh8 million, the townhouses are designed in a Mediterranean style forming a separate gated community that has been designed in a more contemporary architecture.
Ali Rashid Lootah, Chairman of Nakheel, said, “We are looking forward to the opening day sales of Palma Residences, these sales will be a clear ‘seal of approval’ from the market recognising both what Nakheel has already achieved, and will continue to achieve in the future: bold, innovative, and visionary projects that meet our customers’ needs.”
Broad terraces, generous balconies and the special use of glass offer the opportunity to enjoy magnificent views of the Palm’s stunning shoreline.— business@khaleejtimes.com
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