Nakheel completes land sales worth over AED 419 million
20th November 2012
Nakheel today closed land sales worth more than AED419 million in its Palm Jumeirah and Jumeirah Village Circle developments – evidence of heightened investor confidence in the Dubai real estate market. On The Palm, the company sold a 72,000 sqft residential v more...
From California and Back: Nakheel and Towers Rotana Reveal 25km Route for Swim The World Challenge
18th November 2012
Kate Willoughby, the Dubai-based British expat who will aim to become the first person to swim around Nakheel's The World development on Wednesday 21 November, will begin at Baja California Island in the west of the North American islands, and finish over 10 hours a more...
Nakheel announces 2012 nine months financial results
22nd October 2012
Nakheel is pleased to announce the financial results of its operations for the nine months ended 30 September 2012 generating a net profit of AED 1.1bn, an increase of 97% compared to a net profit of AED 0.6bn as of 30 September 2011. Revenues of AED 4.5bn in the current more...
Nakheel appoints Sanjay Manchanda as CEO
10th October 2012
Nakheel today confirmed that Sanjay Manchanda has been appointed as the new CEO of the company. Sanjay’s appointment comes as Nakheel enters a new phase in its development with a renewed focus on the delivery of new and existing community projects across more...
Nakheel launches the Jumeirah Park Legacy located in the desirable Jumeirah district
7th October 2012
30th of September 2012 Nakheel, Dubai’s leading real estate developer, is pleased to announce the launch of its Jumeirah Park residential complex - Legacy type.   Jumeirah Park is conveniently located close to Palm Jumeirah, Ibn Battuta Mall, Dubai Media and Internet City, and the fi more...
Nakheel Interest Payment August 2012
30th August 2012
Nakheel released today profit and interest payments equivalent to AED 211 million to its lenders.The payments were due at the end of August 2012 in accordance with the restructuring commitments. The timely discharge of the committed payments signals the successful executi more...
Nakheel sells prime Palm Jumeirah plot for 400 million AED
13th August 2012
Nakheel has sold a prime plot of land on Palm Jumeirah for AED 400 million to a local investor, the company announced today (Sunday, 12 August). The 305,704 sqft plot – on Palm Jumeirah Trunk – was bought for AED 1,302 per sq ft. A Nakheel spokesm more...
Swimming The World for Harrison: British expat plunges in to the challenge of her life
12th August 2012
A British woman living in Dubai is taking the biggest plunge of her life by aiming to become the first person to swim around The World, Nakheel’s manmade development of 300 islands off Dubai’s coast – and help fund research into a genetic, fatal illness that more...
Nakheel announces 2012 half year financial results
31st July 2012
Nakheel is pleased to announce the financial results of its operations for the first half year ended 30 June 2012 generating a net profit of AED 767m, an increase of 36.5% compared to a net profit of AED 562m in 1H11. Revenues of AED 3,108m were mainly contributed by the ha more...
Nakheel signs AED27.5 million contract for Jumeirah Park Community Centre
2nd July 2012
Nakheel today signed an AED27.5 million contract for the construction of Jumeirah Park Community Centre, a new, 10,600 sqm facility in the company’s growing retail portfolio.Nakheel has appointed Parkway International Construction as main contractor for the community cent more...
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