UAE: Nakheel clubhouse Project Comprises Olympic Size Pool

Developer is calling for construction proposals for the clubhouse and retail centre in Jumeirah Park.

Master developer Nakheel has revealed plans to build a new health, fitness and leisure hub.

The hub featuring an Olympic-size pool, and a giant gym and spa at Jumeirah Park.

The developer is calling for construction proposals for the clubhouse and retail centre, which will combine sports facilities with a range of restaurants, cafes and shops to create a health and wellbeing-focused destination at the heart of the Jumeirah Park community.

Set to open in 2019, the project will also have dedicated facilities for children, including a nursery and kids’ pool.

Shops will include a supermarket, health and beauty outlets and everyday convenience stores. There will also be a car park.

The Jumeirah Park Clubhouse is the latest and largest in Nakheel’s growing collection of community clubs across Dubai, complementing existing and upcoming clubs at Jumeirah Islands, Jebel Ali, Al Furjan, Warsan Village and Jumeirah Village Circle.

Spanning more than 380 hectares with a current population of over 17,000, Jumeirah Park features nearly 3,000 villas.

It is also home to Jumeirah Park Pavilion, Nakheel’s first community retail centre, which opened in 2014.


Tourism Observer

UAE: Dubai Set To Get Two New Hotels

Dubai-based master developer Nakheel has released construction tenders for new hotels at Dragon City and Ibn Battuta Mall, adding another 670 rooms to its rapidly-growing hospitality portfolio.

Nakheel will build a 295-room hotel at Dragon City, home of the world-famous Dragon Mart retail and trading hub, featuring the one-million-sq-ft Dragon Mart 2 shopping, dining and entertainment complex, which opened in February.

The developer will also create a 15-storey, 375-room hotel at Ibn Battuta Mall, where a 300,000-sq-ft extension opened in May.

The three-star hotels – due for completion in 2017 – complement existing hotels at the two retail hubs, where further major expansions continue. Nakheel opened a 251-room Accor-operated ibis Styles hotel at Dragon Mart 2 in February, while its 372-room Premier Inn at Ibn Battuta will open in Q4 this year.

With a built-up area of over 180,000 sq ft, the new Dragon City hotel will feature a restaurant, coffee shop and gym, while the 280,000-sq-ft establishment at Ibn Battuta, located by the Metro entrance, will have an all-day restaurant, gym and pool deck.

The Dragon City expansion comprises a 2.2 million sq ft retail component, two residential towers containing 1,120 apartments and a multi-story car park with 6,200 spaces. Once complete, it will bring the size of Dragon City to more than 11 million sq ft.

Ibn Battuta’s 4.7 million sq ft expansion features a one million sq ft mall with glass-covered courtyard, a new cinema complex and a 7,000-space multi-storey car park.

Nakheel also has hotels under development at Palm Jumeirah and Deira Islands, with more in the pipeline.

Nakheel’s master developments include Palm Jumeirah, The World, Deira Islands, Jumeirah Islands, Jumeirah Village, Jumeirah Park, Jumeirah Heights, The Gardens, Discovery Gardens, Al Furjan, Warsan Village, Dragon City, International City, Jebel Ali Gardens and Nad Al Sheba Community.

Together, these span more than 15,000 hectares and currently provide homes for over 270,000 people. Nakheel has nearly 21,000 residential units under construction or in the pipeline.

Nakheel’s current and future retail project portfolio covers more than 15 million sq ft of leasable space. Retail destination developments include Ibn Battuta Mall, Dragon Mart 1 and 2, Nakheel Mall, The Pointe, The Golden Mile, Deira Mall, Deira Islands Night Souk, Warsan Souk, Al Khail Avenue, The Circle Mall and major extensions to Dragon Mart (renamed Dragon City) and Ibn Battuta Mall. Nakheel also has several neighbourhood community centres in operation or under development

UAE: Azizi Brings First Serviced Residences In Dubai

A model of the first serviced residences project at Al Furjan

UAE-based Azizi Developments will mark its entry into Dubai’s booming hospitality sector with the launch of its first serviced residences project, Candace, at Al Furjan next year.

The Dh460 million ($125.2 million) project will witness the launch of two towers by the name of Candace Aster and Candace Acacia at Dubai’s upcoming Al Furjan community, where Azizi Developments is the biggest private-developer with many projects at different stages of construction.

To be run and managed by Candace Hotel and Resorts, the high-end serviced residences will be delivered by third quarter of 2017. Construction work has already begun.

Future projects worth Dh1.8 billion ($490 million) are planned for Healthcare City, Palm Island and Al Furjan. The group plans to launch over 2,000 units of serviced residences by December 2016.

Commenting on the launch, Farhad Azizi, CEO and vice chairman, Azizi Developments, said: “The Dh460-million worth Candace project marks Azizi Developments entry into the Dubai hospitality market. We feel that this is the best of time to invest in long- and short-term service residential projects for a number of reasons. To begin with, the Dubai government has great plans to double the number of tourists from 10 million to 20 million over a period of close to 10 years. This alone opens up a host of investment opportunities, particularly in hospitality sector where, coupled with the positive expectations from Expo 2020, property buyers can look forward to exceptional returns. At Candace, for example, we are forecasting 10 to 12 per cent return on investment, without factoring property appreciation.”

“Unlike other serviced apartment operators who restrict investors in a pool system, Candace Aster and Acacia allow both users and investors to rent out their property or avail services of a management company – Candace in this case – to manage it out for them. Obviously, they have the option of living there as well. We also feel that serviced apartments are fast gathering popularity in Dubai since they provide all the services of a standard hotel service, but at a much lesser cost and with a homely feel. The fact that we’ve already sold 80 per cent of the 1st building should speak of the demand for such accommodations,” added Azizi.

“We are offering decent sized units with all the amenities of a four-star hotel, fully equipped and furnished apartments at a very reasonable price. The studios at Candace start at just Dh433,000 ($117,884) and I think it makes a great deal for investment,” Azizi further explained.

Candace Aster features 227 luxurious apartments with 160 studio apartments, 58 one-bedroom and nine two-bedrooms whereas Candace Acacia features a total of 316 units with 236 Studio apartments and 80 one-bedrooms. Both the towers are G+ 11. Sizes range between 440-sq-ft to 1,380-sq-ft for the apartments. While price for a studio starts at Dh433,000 ($117,884), one-bedroom apartments range between Dh800,000 ($217,800) to Dh1 million ($272,250) and the two-bedroom apartments are available for approx Dh1.2 million ($326,700).

The facilities include landscaped gardens, gymnasium, swimming pool, kids’ pool, spa, restaurants, café and prayer rooms, room service, laundry and valet parking. All the apartments will be fully furnished and equipped with a modern and fresh look at the time of delivery.

Positioned meters away from the metro line, the location provides an easy access to businesszones, such as Jebel Ali, Dubai Investment Park, Al Maktoum Airport, Expo 2020 site, Industrial city and even JLT. From the tourism perspective, the project is at a convenient distance from Ibn Battuta Mall, Dubai Marina, Palm Island and Dubai Parks & Resorts, among other tourist hotspots.