Nakheel, the Dubai-based developer, will be drawing the curtain on its line-up of exciting projects, worth over $871 million, at this year’s Cityscape Global.
The developer will unveil six new residential, retail and hospitality developments at four of its communities in Dubai, including Palm Jumeirah, on September 11.
Chairman, Nakheel, Ali Rashid Lootah remarked on the upcoming developments: “As the creator of the globally-famous, award-winning Palm Jumeirah and other iconic projects that have put Dubai on the global map, the Nakheel name is synonymous with current and future developments that will further enhance the city’s position as a world-leading location for living, leisure, business and tourism.
“At Cityscape, we will demonstrate our pivotal role in realising the Government of Dubai’s vision for 2021 and highlight Dubai’s unrivalled investment opportunities for investors.”
Lootah further noted: “We continue to deliver and diversify in line with government goals and our own business strategy. And while development remains our core business, we are focusing on growing our hospitality, retail and leasing divisions by creating a range of new hotels, resorts, F&B destinations, malls and tourist attractions across the city.”
Nakheel currently has over 27,000 investors from around the world, who have collectively spent over $29.9 billion on 41,000 land plots or built form units since the first properties went on sale in 2002. According to the group, an upturn in sales of ready properties, off-plan properties and land plots has been witnessed over the last few months, with continued interest from existing and new investors.
Lootah concluded: “Cityscape Global will see the launch of a diverse line-up of Nakheel developments unique opportunities for local and international investors looking to become part of Dubai’s exciting future. We look forward to showcasing our new projects at this world-famous real estate event.”
During Cityscape Global 2017, Nakheel can be located at stand S2B10 from September 11-13.