nakheel
Dubai: Nakheel recorded net profit of Dh4.38 billion in 2018, a period in which it has focused heavily on existing projects, both nearing completion and those with a longer timeframe. A year ago, the net profit was Dh5.67 billion. “Nakheel is targeting a substantial increase in annual recurring revenue in the next five years as…
Master developer Nakheel is investing Dh15 million to increase boat mooring capacity on the Palm Jumeirah, with two new marinas that will bring the total berths on the island to 600. New marinas are on the way at Nakheel’s Azure Residences waterfront apartment and restaurant complex on the island’s eastern trunk, and at The Pointe,…
A look behind Dubai’s Nakheel Chairman Ali Rashid Lootah’s ‘instrumental’ vision Ali Rashid Lootah has a reputation for being a tough businessman. He has certainly led Nakheel through the toughest of times. But nine years on from a crisis that threatened to send the Palm Islands developer to oblivion, the company has quietly built up…
Coming up: Dh300 million mall in Al Khawaneej Nakheel and Al Nasr Cultural & Sports Club have joined hands to develop a Dh300 million mall in Al Khawaneej district. Under the joint venture, the 2 organisations will deliver a retail, dining and entertainment hub with a total built-up area of 775,000 square feet, including 330,000sqft…
Owning a home is a keystone of wealth… both financial affluence and emotional security.