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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 .
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Nakheel Properties, (20 islands) Coral Island May 2007 2010 8 China Oasis Group Lynncoln World Island Resort Jul 2008 2010 9 Ecuador ACI Real Estate (Germany) AED 2 Billion Leisure Resort Feb 2008 10 Ethiopia 11 Finland Salya Corporation AED 1.2 Billion FTV Palace [11] Apr 2008 2011 12 France Select Group Select Property JV AED 5.5 Billion
Nakheel Properties: Complete: $12.3 billion: It is the world's largest man-made island. 2 Palm Jebel Ali: Nakheel Properties: Ongoing: It will accommodate over 250,000 people by 2020. [27] [28] Construction resumed in 2023. [7] 3 Dubai Islands: Nakheel Properties: scaled down, no official opening date announced: 12.5 km 2 (4.8 sq mi) by 7.5 km ...
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 ]
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 ...
In September 2022, Nakheel announced a rebranding exercise. [15] Soon after, it revealed its plans to relaunch Palm Jebel Ali. [16] Recently, it was revealed that Nakheel is nearing completion of $4.6 billion of debt restructuring to relaunch its landmark projects. [17] Nakheel plans to build 1,700 villas and 6,000 apartments. [18]
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."
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