Dubai – Mubasher: The Dubai-based Nakheel will exhibit in Expo Real in Germany a range of projects in addition to AED 6.5 billion (EUR1.5 billion) investment opportunities.
Nakheel has underway projects worth AED 50 billion (EUR11.5 billion), in addition to a variety of investment opportunities ranging from land plots to completed and planned housing units in Dubai, according to a company statement.
The real estate company will showcase many real estate projects, such as residential towers and villas, along with hospitality and retail offerings, Nakheel stated.
“Since its inception in 2001, Nakheel has delivered ground-breaking, landmark developments that have helped to transform Dubai into a world-leading destination for living, tourism, and trade,” chairman of Nakheel Ali Lootah said.
“Since we first came to Expo Real in October 2015, we have announced record-breaking profits of AED 9.3 (EUR2.1 billion) for 2015 and 2016 combined, handed over 2,700 units to customers,” the top official added.
Nakheel has awarded AED 14 billion (EUR2.5 billion) construction contracts over the last two years, including a contract worth AED11 billion (EUR2.5 billion) in 2017, the statement added.
Nakheel sold 41,000 land plots or residential units worth AED120 billion (more than EUR28 billion) to over 27,000 international investors, the real estate company concluded.
