Zabeel Properties unveils first impression of Dubai's most exclusive residence

- Dubawi Island to sit off the Palm Jumeirah development

Dubai, UAE, 13.10.08: Zabeel Properties has unveiled an artist's impression of a stunning new island development being built off the crescent of Palm Jumeirah. The leaf-shaped Dubawi Island Resorts & Spa resort will boast a luxury hotel and some of the most exclusive residences in Dubai - all waterfront villas, to be constructed in a tropical island setting. Dubawi rekindles the original name for a resident of Dubai before becoming part of the newly formed United Arab Emirates.

The Dubai-based boutique developer says it will unveil full details of the project before the end of the year, though piling work on the island has already been completed.  The project is due for completion in 2010.

Zabeel Properties is the property arm of Zabeel Investments - a multi-diverse company with business interests spanning private equity and asset management in the GCC and other international markets.