Donald Trump is a smart man! He is one of the richest men in the world, and one of the biggest developers of luxury real estate on the planet. Therefore it came as no surprise to me when Mr. Trump and Dubai Mega Developer Nakheel decided to team up and create the Palm Trump International Hotel and Resort. The Palm Trump will be located on Nakheel's landmark development, Palm Jumeirah-- it will act as an "anchor" for the project. By this I mean that Palm Trump is being located at the trunk of Palm Jumeirah, and will be the first Mega Structure one sees when entering the Palm Island.
Donald Trump had this to say about the project after he and Nakheel formed their partnership:
"I am delighted to invest, manage and sell this project on what is clearly the best location in Dubai. When I look at potential sites for real estate investment, I concentrate on 'location, location, location' and this is not only the best location in Dubai, but the whole of the Middle East.''
...and this is what Sultan Ahmed bin Sulayem, Executive Chairman of Nakheel had to say:
"With The Palm Jumeirah development, Nakheel is creating an icon for the twenty-first century, and it is entirely fitting that The Trump Organisation is a key player and investor in realising this vision."
The Palm Trump will cost an estimated $600Million and, like everything Donald Trump develops, it will be very, very luxurious. The Palm Trump will be a 48-storey mixed-use hotel and condo project with a 300 room 5-Star Hotel and 360 freehold residential condos. When the condos are not in use the owner will have the option to make their unit available through the hotel's rental program. Some of the amenities include exclusive access to a private beach and yacht club with tennis courts, gymnasium and fitness center, stylized pools and gardens, spa, fine restaurants, high end boutiques and much more.
The structure of Palm Trump is quite unique featuring a futuristic split linked tower design:
"The Palm Trump International Hotel and Tower will soar into the sky, its twin sets of glazed diamond shaped structures at the top of each tower creating a since of infinity as the glazed elements blur building and sky. In designing the property, we focused on creating a magnet for tourists and residents and a landmark icon on the Dubai skyline," said Donald Trump's son, Don Jr.
Palm International Hotel and Tower will be more than a big winner for both Donald Trump and Nakheel, it will in fact be a big winner for all of Dubai and the UAE. I am sure there will be many more Trump projects to come! Welcome to Dubai, Donald!
See pictures of the Palm Trump here at Emporis:
http://www.emporis.com/en/wm/bu/?id=streetpalmtrumpinternationalhoteltower-dubai-unitedarabemirates
This link takes you to the Trump website:
http://www.trump.com/main.htm
This link takes you to the Palm Trump area of Nakheel:
http://www.nakheel.com/News/Donald_J_Trump_Jr__T/
Sunday, January 27, 2008
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- Prince Alwaleed: Richest Arab In The World!!
- Kingdom Centre, Riyadh, Saudi Arabia
- Palm Trump International Hotel & Tower, Dubai
- Noor Al Ain, Abu Dhabi
- The Mega Developers: ALDAR
- CITYSTARS, Cairo, Egypt
- Omagine, Sultanate of Oman
- Addax Port, Reem Island, Abu Dhabi
- UAE Will Become Entertainment Capital Of The World
- The Mega Developers: Emaar (part 2)
- The Mega Developers: Emaar (part 1)
- Burj Al Alam - The World Tower, Dubai
- UAQ Marina, Umm Al Quwain
- Bawadi: Largest Entertainment Development In The W...
- Bahrain Bay
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- City Of Silk (Madinat Al Hareer), Kuwait
- The Pearl Qatar
- Shams Abu Dhabi, Reem Island
- 50 Richest Arabs!!
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- King Abdullah Economic City, Saudi Arabia. Biggest...
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