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Jumeirah Park land

Register early for Tuesday’s Jumeirah Park land auction, Nakheel urges investors

: Sunday, March 02 - 2014 @ 16:40

Nakheel is urging investors to register early for Tuesday’s Jumeirah Park plot auction to guarantee their opportunity to buy land.

The developer is releasing another batch of residential plots – ranging from 7,750 to 8,700 square feet – at the community, where land is in big demand. Nakheel’s first auction of land at Jumeirah Park, last week, raised nearly Dhs34m.

A Nakheel spokesman said: “Our auction will start at 11am sharp on Tuesday. We encourage investors to register in advance to avoid last minute jostling for spaces on the day. Last week’s Jumeirah Park auction was a tremendous success and we gearing up for an even higher level of interest on Tuesday. Investors should sign up today or tomorrow to avoid disappointment.”

Jumeirah Park spans 350 hectares and will have 3,000 homes when complete. Nakheel has already delivered 1,795 luxury villas there, and with another 800 under construction. Nakheel’s new 114,000 sq ft community centre at Jumeirah Park, currently undergoing fit out, will open mid-2014.

Nakheel’s second Jumeirah Park auction takes place at 11am on Tuesday 4 March at the Nakheel Sales Office, Al Sufouh Road, Dubai. Registrations are open now, with a fee of Dhs1,000 payable on signing up.

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Sunday, March 2- 2014 @ 16:40 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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