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Off-plan property is a property before a structure has been constructed upon it. Pre-constructions are usually marketed to real estate developers and to early adopters as developments so that the purchaser can secure more favorable finance terms from their lenders.
Downtown Dubai is an urban, mixed-use development, incorporating the worlds tallest building, the Burj Khalifa, and the world's largest mall, The Dubai Mall. [11] Within Downtown Dubai, current developments include: [citation needed] Burj Vista [12] The Address Sky View Tower I, & II [13] Fountain Views I, II & III; Address Boulevard; Address ...
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 ]
Construction on a large scale is a part of Dubai Strategic Plan 2015 [2] unveiled by Mohammed bin Rashid Al Maktoum, the Ruler of Dubai, to maintain economic growth and to put Dubai on the map of the world, and a tourist destination of the world. [3] Construction on a large scale has turned Dubai into one of the fastest-growing cities in the world.
The Dubai Mall is an enormous mall in Dubai, UAE, by Emaar Properties, as part of the 'Downtown Dubai' project. [12] Featured attractions include the world's largest gold souk , the 850,000 sq ft (79,000 m 2 ) Fashion Island; one of the world's largest aquariums; an Olympic-sized ice skating rink ; Oasis Fountain Waterfall; WaterFront Atrium; a ...
Real Estate in Dubai refers to the market for property development and investment in the emirate of Dubai, United Arab Emirates. Real estate is a significant contributor to Dubai's economy, accounting for a substantial portion of the city's GDP . [ 1 ]
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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. [4] [2] Nakheel was central to Dubai's debt crisis in 2009–2010. [5] The company has been reported to be the second-largest property developer in Dubai after Emaar Properties. [6]