Palm Jumeirah set to break world record for largest fountain

Nakheel Malls’ The Pointe has announced the launch date for its latest attraction, The Palm Fountain, which will attempt to break a...

Construction

Nakheel announces net profit of $1.05bn for first nine months of 2018

Nakheel, the UAE-based master developer, has announced a net profit of $1.05 billion for the first nine months of the year. That...

Construction

Nakheel records $680 million net profit in H1 2018

Nakheel says its first half year results in 2018 were boosted by a strong performance from its non-development businesses including retail, leasing, hospitality...

Construction

Nakheel appoints Majestic Marine Eng. and ATM to build new marinas on Palm Jumeirah

Nakheel says it has awarded a contract to expand the number of marinas on Dubai's Palm Jumeirah to Majestic Marine Engineering LLC. The...

Construction

Nakheel awards $18mn contract to Chinese company for ‘spectacular’ fountains at The Pointe

Nakheel has revealed that it has awarded a contract worth $18 million for a spectacular, choreographed fountain at The Pointe to one of...

Construction

Nakheel updates on $217mn The Pointe development

The Pointe, Nakheel’s $217 million, 130,064sqm waterfront dining and entertainment destination on Palm Jumeirah, is nearing completion and will open towards the...

Construction

Palm Jumeirah mall is 30% complete, says Dubai’s Nakheel

Construction of the $220 million The Pointe mall on Palm Jumeirah in Dubai is around 30% complete, according to the developer Nakheel.The...

Construction

Nakheel awards $102mn The Pointe construction contract to GTCC

Nakheel, the Dubai-based real estate developer, has awarded a contract worth $102 million to Gulf Technical Construction Company (GTCC) to build The...