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Palm Jumeirah - Golden Mile

Golden Mile - an international residential and shopping destination showcasing approximately 780 luxury apartments, in 10 waterside buildings and 220 upscale boutique shops and restaurants. Providing the ultimate living and shopping experience amidst an unrivalled waterfront setting

Information about the Palm development
The three colossal palm-shaped islands being developed off the coast of Dubai by Nakheel will add more than 200 hotels to the emirate`s expanding hospitality sector.

All 30 planned hotels on the Palm Jumeirah have been committed to hotel developers. Big names include the Atlantis resort and The Trump International Hotel and Tower. The sister islands Palm Deira and Palm Jebel Ali will add approximately 180 more hotels, although no operators have been named so far, said Nakheel CEO Chris O`Donnell. These hotels will significantly boost Dubai`s hotel capacity, which, analysts say, is currently failing to cope with demand levels.

They will add around 50% to the 414 hotels and serviced apartments, including 282 hotels, which Dubai boasted at the end of 2006. Current room occupancy rates are a world-high 83.1%, according to hospitality and leisure consultants Roya International. `The hotels will certainly contribute to the success of Dubai and help to ensure its long term sustainability,` said Ahmad Ramdan, Roya`s managing director. `However, if they are all in the luxury category this will create an oversupply. They must be varied in terms of style and pricing and, due to their coastline location, must be environmentally sustainable.`

Several other major projects will boost Dubai`s hotel count, including Jumeirah Beach Residences in Dubai Marina, which will include four hotels and four beach clubs. Tatweer`s Dh100 billion Bawadi project in Dubailand will add a further 29,000 rooms in 31 hotels by 2015, including the world`s biggest hotel, the 6,500 room Asia Asia Hotel. This year the emirate expects to have 11,000 new rooms, most of them in the high-end category.
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Palm Jumeirah - Golden Mile    Golden Mile - an international residential and shopping destination showcasing approximately 780 luxury apartments, in 10 waterside buildings and 220 upscale boutique shops and restaurants. Providing the ultimate living and shopping experience amidst an unrivalled waterfront setting  &nbs...
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