The building will have more than 80 hotels and resorts providing beautiful tourist experiences. Sheikh Mohammed Bin Rashid Al Matktoum, Prime Minister and Vice President of UAE posted on his Instagram.
It will provide a totally different experience of excitement and exploring variety of services within one place.
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Existing Palm Jumeirah
The Existing Palm Jumerirah is one of the most sought-after areas in Dubai and a favourite of Russians who have flocked to the emirate following the conflict in Ukraine, contributing to a red hot property market.
State-owned company Nakheel, which was taken over by the government in 2011 in rescue plan of aftermath of Dubai’s 2009-2010 real estate crash.
Nakheel in November secured 17 billion dirhams in financing as it accelerates plans for new waterfront projecta including Dubai Islands, another man-made island project formerly knows as Deira Islands.
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The real estate market in Dubai, the middle East’s financial and tourism hub, began its recover in early 2021 as the government moved to quickly reopen its economy and airports.