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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 .
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 ...
Nakheel Properties (Nakheel PJSC), a real estate development company based in Dubai, UAE; Nakheel Aviation (callsign: NAKHEEL), a UAE airline; see List of airline codes (N) Nakheel Hotels, a subsidiary of Istithmar World, a state-run investment firm based in Dubai, UAE; Bisha FC (formally known as Al-Nakheel), Bisha, Asir, Saudi Arabia; a ...
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Construction on Nakheel's main Al Furjan community began in 2009, was originally anticipated to be completed in 2011 [18] and was projected to cost US$1.5 billion. [18]Al Furjan by Nakheel a villa sub-community within Al Furjan and was the first to be built.
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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]