Nakheel invests AED15mn in new Palm Jumeirah marinas

DUBAI / WAM

Master developer Nakheel is investing AED15 million to increase boat mooring capacity on Palm Jumeirah, with two new marinas that will bring the total berths on the island to 600.
New marinas are on the way at Nakheel’s Azure Residences waterfront apartment and resta-urant complex on island’s eastern trunk, and at The Pointe, Nakheel Malls’ upcoming sea-front dining and shopping destination. Nakheel has appointed Majestic Marine Engineering LLC to build the new facilities, with Applied Technology & Management, Inc. (ATM) the appointed consultants. Due for completion this year, the marinas will accommodate a total of 44 boats and yachts up to 30 metres long.

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