Nakheel Marinas Dubai Islands is poised to become the new home for superyachts, and can accommodate a total of 13 superyachts at a time
The funding will be deployed to develop Dubai Islands and other waterfront projects
The master developer’s chief projects officer tells us how its upcoming projects, including Tilal Al Furjan and Murooj Al Furjan, are coming along and why sustainability is key to its strategy
Smartworld is now rebranded to e& enterprise IoT and AI
Nakheel has also confirmed that the Palm Jebel Ali master plan is being revisited, with further details to be revealed in due course
Prominent property developers across the UAE are announcing a slew of high-end mixed-use projects
Dubai Islands features over 20 kilometres of beaches, including a Blue Flag certified beach, approximately two square kilometres of parks and golf courses
The 20,500 square metre plot located on The Palm’s East Crescent has been bought from Nakheel
The first phase of four- and five-bedroom villas will be on sale from Sunday, November 7
The developer is offering ready-to-occupy and off-plan properties on Montenegro’s Adriatic coast
The roads and bridges leading to the mall will complete construction by the end of the first half of 2021
Stations at Jebel Ali, Al Furjan, Discovery Gardens and The Gardens will start operating from New Year’s Day
Meydan’s two main lines of business – real estate and horse-racing – will remain separate
Riu Dubai has 800 rooms and suites, most with a sea view
Home prices in Dubai have slumped by more than 30 per cent since 2014
Naaman Atallah, the former CEO of Piramal Realty in India, has been appointed to the role
Ready-to-occupy, family villas at Nad Al Sheba are particularly in demand
The salary cuts range from 30 per cent to 50 per cent for employees earning above Dhs4,000
Work on the mega development began in 2002, but construction was suspended after Dubai’s property market crash in 2009
The company made a net profit of Dhs 4.38bn last year
Nakheel awards Dhs 1.4bn contract for three-tower project in Palm Jumeirah
Nakheel’s current residential leasing portfolio comprises almost 17,000 units at across Dubai.
Dubai World tribunal orders Nakheel to repay Shokat Mohammed Dalal the sum he paid to reserve three islands on The World in 2008.