Dubai’s Nakheel sees 22% drop in Q2 profit

Nakheel, the Dubai-based developer, has announced a net profit of $718.7 million for the first six months of 2017, compared to a...

Nakheel launches new monorail station on Palm Jumeirah, Dubai

Nakheel has announced the launch of a new monorail station on the Palm Jumeriah, with trains now stopping at Al Ittihad Park....

Nakheel releases tender for Nad Al Sheba Mall in Dubai

Master developer Nakheel has released a construction tender for Nad Al Sheba Mall, a 1.4 million square foot shopping, dining and entertainment...

Nakheel announces new department, appointments

Nakheel, the Dubai-based developer, has announced an organisational reshuffle, with a newly created department and new senior management appointments, as part of...

Dubai’s Nakheel awards $408m contract for The Palm Gateway

The Dubai developer Nakheel says it has signed a construction contract worth nearly AED1.5 billion ($408m) for The Palm Gateway, a three-tower...

Nakheel releases tender for $182m RIU resort in Dubai

Nakheel, the Dubai-based real estate developer, has released a construction tender for an 800-room beachfront resort and water park at Deira Islands....

Dubai’s Nakheel starts work on $65m hotel at Ibn Battuta Mall

The Dubai master developer Nakheel today broke ground on a 375-room hotel at Ibn Battuta Mall, with a total project value of...

Nakheel awards contract for $1.7bn Deira Mall

Nakheel on Wednesday awarded a construction contract to build Deira Mall, with a total investment of AED6.1 billion ($1.66 billion). The Dubai...

Dubai’s Nakheel awards $37m contract for Dragon City Premier Inn

Developer Nakheel has agreed a construction contract worth AED 136 million ($37 million) with Al Ghurair Contracting and Engineering Works to build...

In pictures: Nakheel’s Deira Islands megaproject in Dubai