Nakheel & Trump Organization to sell most expensive Dubai penthouse

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.

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: ...