Nakheel Announces Palm Gateway Mega Project At Cityscape Global

Dubai developer Nakheel kicked off Cityscape Global  2014 with the launch today (Sunday) of The Palm Gateway – a three-tower waterfront living and leisure complex with more than 1,300 homes, a beach club, retail, dining and health and fitness facilities.

Located at the entrance to Palm Jumeirah with convenient transport links to other parts of the island and the rest of Dubai, The Palm Gateway comprises three individually designed high-rise residential buildings the tallest topping 260 meters – with one, two and three bedroom apartments available for lease.

The trio of towers will be constructed on the existing Palm Monorail Gateway terminal, the roof of which will be transformed into a 15th floor podium with infinity pool, shops and sports facilities set in extensively landscaped grounds. The Monorail is linked to the Dubai Tram and the Dubai Metro, offering convenient travel for residents and visitors at The Palm Gateway.

The Palm Gateway will also have its own beach club and park – a shaded, landscaped complex with a diverse range of waterfront dining and shopping options, pool, barbecue areas and fitness facilities, including a jogging track.

Unveiling the project at the Nakheel stand at Cityscape Global, Nakheel Chairman Ali Rashid Lootah, said: “The Palm Gateway brings yet another iconic, landmark project to our flagship, world-famous development of Palm Jumeirah, and adds hundreds more residential and retail units to our leasing portfolio.

“The project combines luxury beachfront living, exciting shopping, dining and entertainment and some of the best water and city views in the Middle East, and promotes sustainability, with its extensive health, wellbeing and fitness facilities and convenient transport links for travel within the surrounding areas and across Dubai.”

The Palm Gateway at a glance:

> Three towers comprising 1,313 apartments and duplexes for lease

> 5.5 million sq ft gross floor area

> Tubular Tower (261 meters, 61 floors including 46 above podium level, 520 apartments), Central Tower (211 meters, 49 floors including 32 above podium, 429 apartments); Beach Tower (205 meters, 48 floors including 34 above podium, 313 apartments)

> Additional 57 terrace apartments and duplexes within existing 14 storey Gateway building

> 4,000 parking spaces

> 15th floor landscaped podium deck with pool, sports courts and 8,600 sq ft of retail space

> Beach club with kiosks and restaurants

> Gym, spa, pools, sports courts and jogging track

> Supermarket and food court within podium building

> Onsite Palm Monorail, linked to the Dubai Tram and Dubai Metro

> Extensive views of Palm Jumeirah, the Arabian Gulf and the Dubai skyline

The Palm Gateway will join a range of other communities in Nakheel’s leasing portfolio, which now comprises around 18,500 units at developments such as The Gardens, Discovery Gardens, International City, Nad Al Sheba and Palm Jumeirah.  Nakheel’s current retail leasing offering spans more than 2.4 million sq ft, with another 6.1 million sq ft under development.