The master developer is also investing $50 million in six marinas for Deira Islands
Nakheel says it has awarded a contract to expand the number of marinas on Dubai’s Palm Jumeirah to Majestic Marine Engineering LLC.
The master developer is pumping in $4 million to build two new marinas that will bring the total berths on the island to 600. In a statement revealing the news, Nakheel said that Applied Technology & Management, Inc. (ATM) had also been appointed as consultants to oversee the increase in boat mooring capacity.
The new marinas will be built at Nakheel’s Azure Residences waterfront apartment and restaurant complex on the island’s eastern trunk, and at The Pointe, Nakheel Malls’ upcoming seafront dining and shopping destination.
“Due for completion this year, the marinas will accommodate a total of 44 boats and yachts up to 30 metres long, and will complement Nakheel’s two existing marinas on the island, at Palm Views East and West, which are already at full capacity with 556 moorings,” said Nakheel.
Nakheel added that it also investing $50 million in building six marinas at its new waterfront master development, Deira Islands.
“Between them, they will accommodate 614 boats and yachts up to 60 metres long,” the company said.