JEDDAH, 2 January 2005 — Nakheel, the property development company giving shape to Dubai’s most stunning real estate projects, has given approval to the concept designs of 14 of the 78 towers planned at Jumeirah Lake Towers, the ultramodern commercial and residential complex that is being constructed on eastern side of Sheikh Zayed Road.
Of the 41 concept designs submitted by plot purchasers and created by leading world-renowned consultants, 14 towers were approved as they conformed to construction guidelines and regulations set by Nakheel.
“Jumeirah Lake Towers is an exclusive water front project from Nakheel offering interesting investment opportunities as well as ultra modern lifestyle to people from all over the world,” said Nakheel Chairman Sultan Ahmed ibn Sulayem. “As the project will consist of contemporary high rise buildings for commercial and residential use, our focus is on creating a distinctive ambience for all occupants. We have therefore attached high priority to the design element, in order to ensure an equal blend of aesthetics and elegance.”
Jumeirah Lake Towers is being developed on an area of 1,144,579 square meters and is adjacent to another signature development, Jumeirah Islands. A winding, man-made lake stretching to 249,998 square meters will create a unique water front environment and provide stunning views from all sides.
Nakheel is using the expertise of some of the world’s best-known consultants to develop the infrastructure at Jumeirah Lake Towers. Nakheel is also currently holding discussions with leading specialists in various aspects like overall positioning, identity, graphics, lighting, landscaping, waterfront promenade and concourse retail level designs.
“Jumeirah Lake Towers is an all encompassing business and residential high rise development which is inspired by Nakheel’s vision to create landmark projects in Dubai. To this end, Nakheel has already launched two of its own residential towers within the development” said Sulayem. “Infrastructure solutions on offer in Jumeirah Lake Towers are of such scale and magnitude that the project had to be carefully planned solutions in order to live up to the expectations of investors. Careful attention to detail is the starting point of our obsession with quality. The rest of the elements will be unfolded as the complex starts taking shape in the coming months.”
The Dubai Metals and Commodities Center (DMCC) recently launched three towers at Jumeirah Lake Towers. Named “Almas”, “Au” and “Elaf”, the towers have been conceptualized and designed to address specific requirements.
The 64-story, highly secure Almas tower is meant for regional and international diamond communities and will be home to the Dubai Diamond Exchange. While the Au tower is designed for the gold and jeweler market participants and will be the base of the Dubai Gold and Commodities Exchange, the Elaf Tower is designed specifically for commodities trade.
The Jumeirah Lake Towers project consists of 26 clusters of high-rise buildings, with each cluster featuring towers of 35, 40 and 45 storys, amidst picturesque lakes and lush landscaping including a 64-story skyscraper, which will be built on its own island. Nakheel had recently launched two 40-story residential towers “Nakheel Flamingo” and “Nakheel Falcon” in the development. Each of the towers has a three-story underground parking facility for up to 400 cars, in addition to extensive retail facilities located at its base.
