Kempinski Residences Palm Jumeirah
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Kempinski Residences Palm Jumeirah
Kempinski Hotel & Residences Palm Jumeirah are the first residences to open on the crescent of Palm Jumeirah in Dubai. The project was due to open in 2009, however has been delayed due to the economic down turn. The property began construction in 2006. The operating company of the residences is Kempinski Hotels of Germany. It will be the third property of Kempinski in the United Arab Emirates. However, it will be the first property on the beach in Dubai. ''"The Residences have been one of the most successful projects in the UAE, with some of the highest prices achieved for property on Palm Jumeirah"'' In March 2010, it was claimed that Luxury Palm homes project saw 'zero defaults' in their development, which was sold pre-crisis and continued development during the recession. More than 240 residential units were sold as part of the US$500 million (Dh1.83 billion) project at the peak of Dubai's property boom between 2007 and 2008, when a beach-front villa on Nakheel's Palm Ju ...
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Dubai
Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of the Middle East and North Africa. D Long, B Reich. p.157 Established in the 18th century as a small fishing village, the city grew rapidly in the early 21st century with a focus on tourism and luxury, having the second most five-star hotels in the world, and the tallest building in the world, the Burj Khalifa, which is tall. In the eastern Arabian Peninsula on the coast of the Persian Gulf, it is also a major global transport hub for passengers and cargo. Oil revenue helped accelerate the development of the city, which was already a major mercantile hub. A centre for regional and international trade since the early 20th century, Dubai's economy relies on revenues from trade, tourism, aviation, real estate, and financial services.
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United Arab Emirates
The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (The Middle East). It is located at the eastern end of the Arabian Peninsula and shares borders with Oman and Saudi Arabia, while having maritime borders in the Persian Gulf with Qatar and Iran. Abu Dhabi is the nation's capital, while Dubai, the most populous city, is an international hub. The United Arab Emirates is an elective monarchy formed from a federation of seven emirates, consisting of Abu Dhabi (the capital), Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain. Each emirate is governed by an emir and together the emirs form the Federal Supreme Council. The members of the Federal Supreme Council elect a president and vice president from among their members. In practice, the emir of Abu Dhabi serves as president while the ruler of Dubai is vice pre ...
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Atkins (company)
Atkins is a British Multinational corporation, multinational engineering, design, planning, architectural design, project management and consulting services company. It is a subsidiary of SNC-Lavalin and is headquartered in London. The company was founded as WS Atkins & Partners by William Sydney Atkins, Sir William Atkins in 1938. It experienced rapid growth following the World War II, Second World War, performing specialist services in urban planning, town planning, engineering sciences, architecture and project management. The firm was admitted to the London Stock Exchange in 1996, trading under the name WS Atkins plc for a time before rebranding as Atkins during 2002. While Atkins largely focused on the UK market during its formative years, it has grown into an international firm with a global presence, as well as expanded into a wide range of sectors, including aerospace and high speed railways. By 2016, Atkins had become the UK's largest engineering consultancy, as well as ...
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Kempinski
Kempinski Hotels S.A., commonly known as Kempinski, is a luxury hotel management company headquartered in Geneva, Switzerland. Founded in Berlin in 1897 as the ''Hotelbetriebs-Aktiengesellschaft'', the group currently operates 78 five-star hotels and residences in 34 countries. History Kempinski Hotels claims to be Europe's oldest luxury hotel group. Its history began in 1897 with the foundation of the "Hotelbetriebs-Aktiengesellschaft" in Berlin. A parallel development was that of M. Kempinski & Co, founded by Berthold Kempinski, which was acquired by the "Hotelbetriebs-Aktiengesellschaft" in 1953. Berthold Kempinski was born on 10 October 1843 in Posen (then a German province, and now Poland). The Kempinski family was already successfully active in the wine trade from 1862. In 1872 it extended its company to Berlin, where Berthold Kempinski opened a wine merchant's business under his name in the Friedrichstraße. In 1889 he opened a restaurant, the biggest in Berlin, ...
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Palm Jumeirah
The Palm Jumeirah is an archipelago of artificial islands on the Persian Gulf in Jumeirah, Dubai, United Arab Emirates. It is part of a larger series of developments called the Palm Islands, including Palm Jebel Ali and Palm Deira, which, if completed, will together increase Dubai's shoreline by a total of . It has an estimated population of at least 10,000 as of 2017. The islands were created using land reclamation. The construction was done as a joint venture by two Dutch specialist companies, Van Oord and Boskalis. The same companies also created The World. The recently opened destinations The Pointe, Club Vista Mare and Nakheel Mall are the latest additions to Palm Jumeirah. Transportation The Palm Jumeirah Monorail, monorail connecting the Atlantis Hotel to the Gateway Towers at the foot of the island. The monorail connects The Palm Jumeirah Dubai to the mainland, with a planned further extension to the Red Line of the Dubai Metro. The line began operating on 30 April 2 ...
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Kempinski Hotels
Kempinski Hotels S.A., commonly known as Kempinski, is a luxury hotel management company headquartered in Geneva, Switzerland. Founded in Berlin in 1897 as the ''Hotelbetriebs-Aktiengesellschaft'', the group currently operates 78 five-star hotels and residences in 34 countries. History Kempinski Hotels claims to be Europe's oldest luxury hotel group. Its history began in 1897 with the foundation of the "Hotelbetriebs-Aktiengesellschaft" in Berlin. A parallel development was that of M. Kempinski & Co, founded by Berthold Kempinski, which was acquired by the "Hotelbetriebs-Aktiengesellschaft" in 1953. Berthold Kempinski was born on 10 October 1843 in Posen (region), Posen (then a German province, and now Poland). The Kempinski family was already successfully active in the wine trade from 1862. In 1872 it extended its company to Berlin, where Berthold Kempinski opened a wine merchant's business under his name in the Friedrichstraße. In 1889 he opened a restaurant, the big ...
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Nakheel
Nakheel Properties ( ar, نَـخٍـيْـل, nakhīl, palm tree) is a property developer based in Dubai, United Arab Emirates. The formal name of the company is Nakheel PJSC (private joint stock company) and it was a subsidiary of Dubai World and a private state-owned enterprise. Nakheel was seen as key to resolving Dubai's debt crisis in 2009–2010. The company has been reported to be the second-largest property developer in Dubai after Emaar Properties. Dubai’s Nakheel unveilrebrandingin September 2022 to reflect next phase of growth for the company. History The company was founded in 2003, and, as a subsidiary of state-owned Dubai World, prospered until the financial crisis of 2007–2010 started a decline in Dubai's real estate market, putting Dubai World at risk of bankruptcy in November 2009. After write-downs of real estate values and lower sales, Nakheel had made a loss of 13.4bn dirham ($3.65bn) in the first half of 2009, and, despite a May cash bail-out, sought t ...
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List Of Development Projects In Dubai
The government's decision to diversify from an oil-based economy, and to make Dubai the main hub of tourists in the world, has made and other developmental projects such as Dubailand, more valuable, resulting in the property boom from 2004 to 2007. There are over 1,500 major freehold developments and communities in Dubai. Construction on a large scale is a part of Dubai Strategic Plan 2015 unveiled by Mohammed bin Rashid Al Maktoum, the Ruler of Dubai, to maintain economic growth and to put Dubai on the map of the world, and a tourist destination of the world. Construction on a large scale has turned Dubai into one of the fastest-growing cities in the world. There are a number of large-scale projects which are currently under construction or will be constructed in the future. Due to the heavy construction which is taking place in Dubai, 30,000 construction cranes, which is 25% of cranes worldwide, were operating in Dubai in 2012. Currently multibillion-dollar construction projects ...
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Communities In Dubai
A community is a Level of analysis, social unit (a group of living things) with commonality such as place (geography), place, Norm (social), norms, religion, values, Convention (norm), customs, or Identity (social science), identity. Communities may share a sense of place (geography), place situated in a given geographical area (e.g. a country, village, town, or neighbourhood) or in virtual space through communication platforms. Durable good relations that extend beyond immediate genealogical ties also define a sense of community, important to their identity, practice, and roles in social institutions such as family, home, work, government, society, or humanity at large. Although communities are usually small relative to personal social ties, "community" may also refer to large group affiliations such as nation, national communities, international community, international communities, and virtual community, virtual communities. The English-language word "community" derives from ...
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