The Palm Jumeirah is a non-natural archipelago that was formed using
land reclamation by Nakheel, a company owned by the Dubai government in United
Arab Emirates. It was created to resemble the esteemed date tree. It consists
of the main trunk with a crown encompassing 17 fronds. The adjacent crescent
island forms a modern 11km long breakwater. A 300-meter bridge connects the
crown to the mainland and a sub-sea tunnel connects the crescent to the top of
the palm. It is big enough to be seen from outer space, and with a shape that
could not be mistaken for any other, Palm Jumeirah is an unfeigned landmark
from earth and outer space. It is the only original island and the smallest of
three Palm Islands. It is situated on the Jumeirah coastal area of the emirate
of Dubai. It is regarded as the grandest and the most recognizable project of
today.
According to Nakheel, this mesmerising place has sold two hotel
plots on Palm Jumeirah's crescent for a combined value of almost AED700m
($190.5m). The ground to the west of Atlantis was sold to a GCC investor for a
whopping AED556m, whereas an Emirati investor acquired the ground on the
eastern crescent for AED139m. A multitude of celebrities have their homes here,
clearly being a testament to the lavish lifestyle it offers to its residents
and visitors. The company is on the quest to enhance and perk up the facilities
and is presently putting up a number of luxury resorts, hotels and residences. After
all, Palm Jumeirah is amongst the most sought-after areas in Dubai, and is unsurpassed
when it comes to location!