Entries Tagged as 'Construction'

Nakheel and The Trump Organization to Sell Most Expensive Penthouse in Dubai

NEW YORK, June 23 /PRNewswire/ —

- Donald J. Trump Reserves a Residence at Palm Jumeirah Centerpiece

Nakheel and the Trump Organization, two of the world’s leading
developers, are set to break property records in Dubai after receiving bids
for an exclusive penthouse in Trump International hotel & Tower on Palm
Jumeirah.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080623/309616 )

Trump International hotel & Tower, one of the most anticipated
new builds in Dubai and Donald J. Trump’s first in the region, will provide
Trump’s renowned highest level of luxury, impeccable service and exclusive
amenities in a building that is poised to become a stunning landmark on the
skyline of Dubai. In addition to a range of phenomenal one to four bedroom
units, the Tower will feature the most coveted and expensive penthouse in
Dubai. Donald J. Trump has already reserved an apartment in the Tower, while
pre-sales of some properties have sold for as much as $3000USD per square
foot, with the average price per square foot selling for $2450USD. Public
sales of the exclusive residences begin today, June 23, 2008.

Donald J. Trump, CEO of the Trump Organization, said:

“I have created some of the world’s most spectacular buildings
and hotels, but my project with Nakheel will be one of the most impressive
undertakings I have ever been a part of. Palm Jumeirah is on course to
becoming one of the world’s premier tourist destinations and the perfect
location for my first venture in the Middle East. I’m thrilled with the early
sales of the residences and I plan to reserve a property in the Tower for
myself. I can assure you that the hotel will be a destination in itself,
providing a stunning centerpiece to the skyline of Dubai.”
Sultan Ahmed bin Sulayem, Nakheel Executive Chairman, said:

“Nakheel is best known for creating larger than life
developments such as the Palm islands and The World and Donald J. Trump is
synonymous with luxury and glamour. Both companies are famous for making the
impossible possible. Working as one, Nakheel and Trump, together, will bring
a breathtaking and awe-inspiring structure to Palm Jumeirah and once again
set the standard for big ideas and ultimate luxury. It’s no surprise that
with such an incredible and sought-after project we have broken sales records
in Dubai which is testament to the exclusive product we are delivering to
buyers.”
A masterpiece of architecture, the 62-story, stainless steel
and glass Trump International hotel & Tower will be the tallest structure on
Palm Jumeirah and is expected to be completed in summer 2011. The property
will be comprised of two freestanding towers that straddle the center line of
Palm Jumeirah, making it the gateway to the heart of the development. The
towers stand on a four-story bisected podium structure converging at the
40th-floor to create the building’s glazed diamond shaped pinnacle. This
distinctive design will offer residents and guests unobstructed panoramic
views of the Arabian Gulf and beyond.

A highlight of the spectacular Trump International hotel &
Tower will be the two expansive penthouse residences designed by one of
Architectural Digests Top 100 interior designers, Kelly Hoppen. Hoppen is
best known for introducing the “East Meets West” philosophy to interior
design, which has remained her signature over the years. The classic Kelly
Hoppen look is defined by using straight lines, symmetry and a neutral and
subtle color palette to create balance within the home.

Trump International hotel & Tower will offer an extraordinary
opportunity for sophisticated buyers. Located just steps away from five-star
marinas, hotels, the Atlantis resort, and Cirque du Soleil, the 399
residences and townhouses will be offered in three categories: the Platinum
Collection, the Titanium Collection, and the Pinnacle collection. Units will
range from 890 to 7,500 square feet with options in one, two, three and four
bedrooms.

For more information please contact:

Greg Moore on 971-55-985-3375 or Mustafa Al Sheikhly on 971-55-985-3370

Or email: Nakheel@fourcommunications.com

See http://www.trumpdubai.com for more details

For additional photographs please visit
http://www.nakheelmediacentre.com

Nakheel & The Trump Organization