Leading UAE developer Nakheel has invited tenders for piling and enabling works at Palm360, its iconic, two-tower luxury hotel and residential landmark project coming up on a 500,000-sq-ft area in Palm Jumeirah.
The news comes as Nakheel assesses ground work preparation bids for the Palm360 site, following a tender release in March.
Palm360, the tallest building on Palm Jumeirah at 260 m, will comprise Raffles The Palm Dubai Hotel and Raffles Residences Palm360. The project will also boast the world’s largest sky pool, connecting the two towers 170 m above ground, as well as a host of dining, leisure and wellbeing facilities.
A tender for the construction of Palm360 will be released in the third quarter this year. The project is due for completion in 2021, said a statement from Nakheel.
Located on Palm Jumeirah’s western crescent in 500,000 sq ft of landscaped grounds, Palm360 will offer the ultimate in luxury living and leisure, it stated.
Complementing 125 opulent Raffles hotel rooms are 331 Raffles-branded residences, including 16 ultra-plush penthouses spanning up to 12,000 sq ft - equivalent to four tennis courts, said the statement.
Each penthouse has its own infinity pool, gym, home theatre and, as the name suggests, 360 degree views of Dubai, it added.
Expert advice on purchasing or leasing commercial property in JLT
20+ office buildings to choose from. Inquire now.