Nakheel announces construction of AED1 billion Dragon Mart extension
1st July 2012
Nakheel today announced the start of construction of Dragon Mart Phase 2 – a new, 177,000 sqm retail hub with an estimated total development value of AED1 billion. The company confirmed that, following successful negotiation with business partners, contracts worth more...
Ground works on schedule at Nakheel’s Palma Residences
7th June 2012
Vibrocompaction is well underway and on schedule at the 61,000 sqm site of Palma Residences, paving the way for construction to begin on Nakheel’s new luxury residential project on Palm Jumeirah.The vibrocompaction process, which involves densifying loose sands to create more...
Nakheel announces 2012 first quarter financial results
31st May 2012
Nakheel is pleased to announce the preliminary financial results of its operations for the first quarter ended 31 March 2012.  The Company generated a net profit of AED 362m compared to a loss of AED (36m) in 1Q11.  Revenues of AED 1,352m were mainly driven by the hando more...
Nakheel brings ‘pied-à-terre’ concept to Palm Jumeirah with Palm Views residential project
20th May 2012
  Developer adds more living and leisure options to  flagship master planned community    20th of May 2012 Nakheel has announced a new waterside residential and leisure project for Palm Jumeirah: Palm Views East and West, on sale from today (Sunday).    more...
Nakheel Statement on Shoreline Apartment Car Park Access
6th May 2012
06th of May 2012 Nakheel today reiterated its position regarding car park access for residents at the Shoreline Apartments on Palm Jumeirah, while the CEO of RERA stated that media comments on the issue do not represent RERA’s stance on the matter.   A Nakheel spokesman said: & more...
Nakheel signs contracts worth AED43 million for Palm Jumeirah developments
19th April 2012
Nakheel today (Thursday, 19 April) announced contracts worth AED43million for two key projects on Palm Jumeirah, its flagship master planned development in Dubai.   The company has signed a contract for almost AED25 million with world-leading architects RSP for the design of The more...
Nakheel sells prime Palm Jumeirah residential plot for AED 87 million
17th April 2012
Nakheel has sold a prime plot of land on Palm Jumeirah for AED 87 million, the company announced today (Tuesday, 17 April).   The 60,000 sqft plot – on Palm Jumeirah Pointe, opposite Atlantis – was bought for AED 1,450 per sq ft.   more...
Nakheel FY 11 Financial Results
16th April 2012
Nakheel is pleased to announce its results for the financial year ending 31 December 2011, posting a profit of AED 1.3bn reflecting a year on year improvement of 33% in comparison to the financial year ending  31 December 2010.   Nakheel more...
Nakheel breaks ground on Palma Residences
11th April 2012
Nakheel has broken ground on Palma Residences, its new luxury residential project on Palm Jumeirah, launched for sale earlier this month. Work on the Mediterranean-style project began today (Wednesday) following the appointment of Dubai Civil Engineering as main more...
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