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Nakheel Properties (Arabic: نَـخٍـيْـل, romanized: nakhīl, lit. ' palm tree ') is a real estate development company based in Dubai , United Arab Emirates . [ 3 ] The formal name of the company is Nakheel PJSC (private joint stock company ) and it was a subsidiary of Dubai World and a private state-owned enterprise .
Bin Sulayem led DP World's property development subsidiary Nakheel until 2010, becoming a board member in 2020. [16] [17] The company was behind the construction of man-made islands in Dubai. [16] He helped establish and headed the DP World subsidiary private equity fund Istithmar World. [18]
Ali Rashid Ahmad Lootah (Arabic: عَـلِي رَاشِـد أَحْـمَـد لُـوْتَـاه) is the vice chairman of Mashreq bank and former chairman of Nakheel, [1] a property development company in Dubai, United Arab Emirates. [2] [3]
Al Furjan is a property development in Jebel Ali, Dubai, United Arab Emirates. [2] Nakheel Properties heads the development and Azizi Developments owns the largest number of residential buildings. [3] [4] [5] It borders Jebel Ali Village and is near Ibn Battuta Mall, the Gardens, and Expo 2020. [6]
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The Jumeirah Islands (Arabic: جزر الجميرا) is a housing development in Dubai, United Arab Emirates, developed by Nakheel Properties, a Dubai-based property development company. The development is located inland from Dubai Marina and Jumeirah Lake Towers , east of the central spinal highway, Sheikh Zayed Road (E11), between ...
The Trump International Hotel & Tower was to be the first development from the Trump Organization in the Middle East, but the project ultimately failed.During the planning phase, Donald Trump stated "When I look at potential sites for real estate investment, I concentrate on 'location, location, location' – and this is the best location not only in Dubai but the whole of the Middle East."
In 2004, Dubai developer Nakheel Properties launched the Palm Deira project as an 11 billion dirham property development off the coast of Deira in Dubai that was due to contain up to 8,000 villas. Dutch dredging contractor Van Oord was recruited to start the project in 2005. [ 1 ]