Nakheel and The Trump Organization to Sell Most Expensive Penthouse in Dubai



    Donald J. Trump Reserves a Residence at Palm Jumeirah Centerpiece

    NEW YORK, June 23 /CNW/ - Nakheel and the Trump Organization, two of the
world's leading developers, are set to break property records in Dubai after
receiving bids for an exclusive penthouse in Trump International Hotel & Tower
on Palm Jumeirah.

    (Photo: http://www.newscom.com/cgi-bin/prnh/20080623/309616)

    Trump International Hotel & Tower, one of the most anticipated new builds
in Dubai and Donald J. Trump's first in the region, will provide Trump's
renowned highest level of luxury, impeccable service and exclusive amenities
in a building that is poised to become a stunning landmark on the skyline of
Dubai. In addition to a range of phenomenal one to four bedroom units, the
Tower will feature the most coveted and expensive penthouse in Dubai. Donald
J. Trump has already reserved an apartment in the Tower, while pre-sales of
some properties have sold for as much as $3000USD per square foot, with the
average price per square foot selling for $2450USD. Public sales of the
exclusive residences begin today, June 23, 2008.
    Donald J. Trump, CEO of the Trump Organization, said:
    "I have created some of the world's most spectacular buildings and
hotels, but my project with Nakheel will be one of the most impressive
undertakings I have ever been a part of. Palm Jumeirah is on course to
becoming one of the world's premier tourist destinations and the perfect
location for my first venture in the Middle East. I'm thrilled with the early
sales of the residences and I plan to reserve a property in the Tower for
myself. I can assure you that the hotel will be a destination in itself,
providing a stunning centerpiece to the skyline of Dubai."
    Sultan Ahmed bin Sulayem, Nakheel Executive Chairman, said:
    "Nakheel is best known for creating larger than life developments such as
the Palm islands and The World and Donald J. Trump is synonymous with luxury
and glamour. Both companies are famous for making the impossible possible.
Working as one, Nakheel and Trump, together, will bring a breathtaking and
awe-inspiring structure to Palm Jumeirah and once again set the standard for
big ideas and ultimate luxury. It's no surprise that with such an incredible
and sought-after project we have broken sales records in Dubai which is
testament to the exclusive product we are delivering to buyers."
    A masterpiece of architecture, the 62-story, stainless steel and glass
Trump International Hotel & Tower will be the tallest structure on Palm
Jumeirah and is expected to be completed in summer 2011. The property will be
comprised of two freestanding towers that straddle the center line of Palm
Jumeirah, making it the gateway to the heart of the development. The towers
stand on a four-story bisected podium structure converging at the 40th-floor
to create the building's glazed diamond shaped pinnacle. This distinctive
design will offer residents and guests unobstructed panoramic views of the
Arabian Gulf and beyond.
    A highlight of the spectacular Trump International Hotel & Tower will be
the two expansive penthouse residences designed by one of Architectural
Digests Top 100 interior designers, Kelly Hoppen. Hoppen is best known for
introducing the "East Meets West" philosophy to interior design, which has
remained her signature over the years. The classic Kelly Hoppen look is
defined by using straight lines, symmetry and a neutral and subtle color
palette to create balance within the home.
    Trump International Hotel & Tower will offer an extraordinary opportunity
for sophisticated buyers. Located just steps away from five-star marinas,
hotels, the Atlantis resort, and Cirque du Soleil, the 399 residences and
townhouses will be offered in three categories: the Platinum Collection, the
Titanium Collection, and the Pinnacle collection. Units will range from 890 to
7,500 square feet with options in one, two, three and four bedrooms.





For further information:

For further information: Greg Moore on +971-55-985-3375 or Mustafa Al
Sheikhly on +971-55-985-3370 Or email: Nakheel@fourcommunications.com; See
http://www.trumpdubai.com for more details; For additional photographs please
visit http://www.nakheelmediacentre.com

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NAKHEEL

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THE TRUMP ORGANIZATION

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