FINANCIAL NEWS

Dubai-Nakheel gives USD408mn Palm Gateway project deal

14 May 2017

(MENAFN) Nakheel, Dubai master developer has awarded building deals worth almost USD408mn for the Palm Gateway, a new three-tower residential, retail and beach club complex.

Moreover, the Palm Gateway involves 1.265 luxury apartments through three high-rise buildings, the tallest topping 285mn, to be built on top of the existing Palm Monorail terminal.

Additionally, the Palm Gateway will boast suitable transport links to other parts of the island to the rest of Dubai, while Palm Monorail is already linked to the Dubai Tram and the Dubai Metro.

The project will also have its own beach club and park, landscaped complex with a diverse range of waterfront dining and shopping ops, pool, barbecue and others.

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MENAFN1405201700450000ID1095476845

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