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DUBAI: Select Group and ESIC today have acquired one of the last remaining beachfront plots of land on Palm Jumeirah from master developer Nakheel. The purchase price was not disclosed. Select Group and Emirates Strategic Investments Company LLC (ESIC) acquired the 17,919.24 square meters land plot on the island's west crescent. The joint venture already owned an adjacent land
Dubai: Select Group, the global property developer announced Wednesday, along with its joint venture partner Emirates Strategic Investments Company (ESIC), the acquisition of 17,919.24 sqm land plot on the Palm Jumeirah’s West Crescent.
The Joint Venture already owned an adjacent land plot of 47,474 sqm, bringing its total prime beach front development area spanning over 65,410 sqm.
Nestled between the luxury developments of the One & Only and W Hotel Palm Jumeirah, the plot of land is one of the last few remaining beachfront plots in Dubai that can offer the tranquility of beachfront living within 7-minutes of Dubai’s bustling metropolis.
Within easy reach of Palm Jumeirah’s growing number of attractions, including The Pointe, Nakheel Mall and The View, and offering panoramic sea and Dubai skyline views, Palm Jumeirah’s West Crescent is a truly unique location for living and leisure.
Select Group, ESIC Acquire Palm Jumeirah Beachfront Plot albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.