At present, around 45 billion dollar real estate construction is underway in Dubai. The world renowned Palm Islands are a major real estate development up the sleeve of Nakheel Properties, Dubai's leading real estate development company. Nakheel has 16 developments across various real estate sectors - residential, commercial, retail and leisure. The developments of Nakheel Properties make up to 30,000 hectares of Dubai real estate land coverage.

According to a recent MEED report on Dubai real estate status, the current property boom is likely to ensure good returns to investors in Dubai real estate in the years to come. According to another real estate report by Colliers International, there are numerous financing options offered by developers in Dubai real estate market. Loan to Value ratios of up to 90-95% are available.

In such a scenario, Dubai real estate giant Nakheel organized the private launch of Jumeirah Heights on June 13, 2007. Around 370 units were sold in less than 24 hours. Dubai real estate public launch of Jumeirah Heights will take place on June 25, 2007 at the Nakheel Sales Centre. Let's look at the different features of it which make it a lucrative option in Dubai real estate today.

Jumeirah Heights has a plethora of options for business professionals, young couples and families looking for real estate investment in Dubai. The demand for homes is at an all time high in Dubai real estate market. And it has a whole range of residential options - open-plan apartments, trendy lofts, duplexes, townhouses, etc. The design is modern and the architecture world-class. It is a community of 2,300 residential units, including apartments and waterfront townhouses. The construction of these apartments began in May 2007. The tentative date of completion is 2010.

This will be a low-density housing complex with houses across 20 hectares of land. Small lakes, water fronts and landscaping all lend it a peaceful and relaxing ambience. There are three distinct areas there, which are under the first stage of development -

- The Village Centre - There will be two mid-rise buildings with 650 apartments and a club house which will act as a welcoming space for the residents.

- The Fronds - There will be two fronds, each having two mid-rise buildings and 17 townhouses.

- The Clusters - There will be three clusters, each having three low rise buildings with two and three bedroom loft apartments.

These will have a backup of facilities like swimming pools, gardens, gymnasiums, supermarket, cafés, banks, etc. By the time this project gets completed, there will be two metro stations within easy reach. Jumeirah Heights connects to prominent localities of Dubai such as Jumeirah Islands, Dubai Internet City and Dubai Media City. Dubai real estate investors are increasingly investing in locations close to metro stations as this can cut down on road congestion and accidents. So these metro stations in the pipeline near it are the icing on the cake!