All posts tagged "Nakheel"
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ConstructionDubai’s Nakheel unveils Nad Al Sheba mall plan
Nakheel plans to build a 1.2 million square foot mall in the Nad Al Sheba area of Dubai, the developer said on Thursday. A construction tender is expected to be released in the fourth quarter of 2016, the developer said...
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ConstructionNakheel opens Dubai Metro link at Ibn Battuta mall
The Dubai developer Nakheel has opened an elevated link between the emirate’s Ibn Battuta Mall and the adjacent metro station. Nakheel, which owns the mall, said in a statement that the covered link is a two-storey, 210m walkway that enables...
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ConstructionDubai developer Nakheel declares itself debt-free
Nakheel has said that it will be debt-free following the full repayment of its AED4.4 billion ($1.19 bn) trade creditor sukuk on August 25, 2016. Speaking at a press briefing, Ali Rashid Lootah, the chairman of Nakheel, said the announcement...
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PropertyCityscape Global to start in Dubai on September 6
Promotional content supplied by Cityscape Global Marking its 15th edition this year and following the success of recent exhibitions in Turkey, Egypt, Abu Dhabi, Korea and Qatar, Cityscape Global stands as the Middle East’s largest and most influential property showcase,...
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ConstructionDevelopment begins on Dubai waterpark resort – Nakheel
Nakheel and Spain’s RIU Hotels and Resorts have announced the start of development of their AED900 million ($245m), 800-room joint venture waterpark resort at Dubai’s Deira Islands. The Dubai-based developer said in a statement that international consultant Dar Al Handasah...
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ConstructionNakheel awards $32m Dragon City showroom contract
Nakheel has awarded a AED 117.5 million ($31.9m) contract to Al Ghurair Contracting & Engineering Works to deliver a showroom complex at Dragon City in Dubai, according to a statement. The 375,000 square foot retail centre will comprise of 18...
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ConstructionDubai’s Nakheel awards $400m mall contract
The Dubai developer Nakheel has awarded a AED 1.5 billion ($408m) construction contract for its Al Khail Avenue mall, and said it plans to add a 252-room hotel to the retail hub. The contract to build the AED2 billion retail,...
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ConstructionDubai’s Nakheel issues tenders for two hotels
Nakheel has released construction tenders for two hotel projects comprising a total of 670 rooms, the Dubai developer said on Sunday. Nakheel plans to build a 15-storey, 375-room hotel at Dubai's Ibn Battuta Mall, where a 300,000 sq ft extension...
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ConstructionDubai’s Nakheel issues tender for Dragon City hotel
Property developer Nakheel has floated a tender for the construction of a 295-room three-star hotel in Dragon City in Dubai. According to a notice issued on July 28, the plot area of the hotel is approximately 5,600 square metres while...
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PropertyDubai’s Nakheel reports 4% higher profit in first half
The Dubai developer Nakheel has reported a 4% increase in net profit for the first half of 2016, despite the tough conditions and drop in property prices across the market as a whole. Nakheel, developer of the Palm Jumeirah island,...