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Saved Properties

Nakheel PJSC

Property Development
event Updated 13th Aug 2023
Nakheel is a construction-related company operating in Dubai.
Key information
Services offered
Property Development
Year founded
2000
Website
http://www.nakheel.com/

In the first half of 2017 Nakheel recorded a net profit of $718.8m (AED2.6bn) and awarded construction contracts worth almost $3bn (AED11bn). Those included a $1.1bn (AED4.2bn) contract for Deira Mall at Deira Islands and a $408.4m (AED1.5bn) contract for The Palm Gateway on Palm Jumeirah.

In 2017 the company broke ground on new hotels with a combined value of $113.3m (AED416m) at Dragon City and Ibn Batutta Mall, as well as releasing a construction tender for the $182.5m (AED670m), 800-room Riu Resort on Deira Islands.

In Q4 2017 Nakheel expects to award the contract for the construction of the Riu beachfront development and have the project ready for delivery by 2020. The joint venture between Nakheel and Spanish hospitality group, Riu Hotels & Resorts is one of 17 projects under Nakheel’s $ 1.4bn (AED5bn) hospitality expansion programme.

Nakheel is also evaluating five proposals for the construction of Dragon Towers, its twin-building residential complex at Dragon City, which it plans to complete in 2020.

Nakheel In the news

Dubai: Dh42.5-million property sold on tip of Palm Jebel Ali frond
Khaleej Times, 21st Sep 2023
Dubai's Nakheel launches first villa project on Palm Jebel Ali
The National, 18th Sep 2023
In pictures: The million dollar villas and apartments in Rixos Dubai Islands
Hotelier Middle East, 3rd Aug 2023
Nakheel appoints contractors for its Palm Beach Towers project
Construction Week, 2nd Aug 2023
Nakheel reveals plans for first luxury resort on Dubai Islands
Construction Week, 25th Jul 2023
Marwan Fadel on why The St. Regis Gardens will be part of the global culinary co…
Hotelier Middle East, 27th Jun 2023
Dubai announces new dog-friendly beach
Arabian Business, 5th May 2023
Nakheel Appoints Contractors For Jebel Ali Village Construction
Construction Business News, 10th Apr 2023
Nakheel Showcases Latest Projects To Dubai Land Department
Construction Business News, 6th Apr 2023
Nakheel to showcase master plan projects at MIPIM 2023
Emirates News Agency, 13th Mar 2023
Nakheel Awarded Great Place To Work® Certification
Construction Business News, 23rd Nov 2022
Centara Mirage Beach Resort Dubai to open in October 2021
Hotelier Middle East, 17th Aug 2021
Nakheel opens new mosque at Jumeirah Park
ME Construction News, 20th Apr 2021
Nakheel's Nad Al Sheba Villas sales' cross $544.5m
Construction Week, 12th Feb 2021
Dubai opens doors to its latest 'island'
Gulf News, 10th Dec 2020
Dubai wealth fund CEO to replace Nakheel chairman
Arabian Business, 21st Jan 2020
Top 100 GCC Real Estate Developers: Nakheel
Construction Week, 25th Sep 2019
Dubai's Nakheel sees 2014 revenues plunge by 33%
Arabian Business, 21st Jan 2015
The Palm construction on schedule
Gulf News, 8th Aug 2002
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Dubai Projects

Nakheel is associated with the following real estate projects in Dubai:
Al Furjan
check_circle Complete
Al Furjan Pavilion
check_circle Complete
Al Furjan Quortaj 2
check_circle Complete
Al Furjan West
construction Under development
Al Furjan West Pavilion
construction Under development
Al Khail Avenue Mall
construction Under development
Circle Mall
check_circle Complete
Crescent A
online_prediction Envisioned
Crescent B
online_prediction Envisioned
Crescent C
online_prediction Envisioned
Crescent D
online_prediction Envisioned
Crescent E
online_prediction Envisioned
Deira Central
architecture Planned
Discovery Gardens
check_circle Complete
Dubai Islands
construction Under development
Dubai Promenade
do_disturb Planned (Cancelled)
Garden View Villas
check_circle Complete
Green Wood
architecture Planned
Ibn Battuta
check_circle Complete
Ibn Battuta Mall
check_circle Complete
Jenan Heights
architecture Planned
Jumeirah Islands
check_circle Complete
Jumeirah Islands Pavilion
check_circle Complete
Jumeirah Islands Townhouses
check_circle Complete
Jumeirah Park
check_circle Complete
Jumeirah Village Circle
check_circle_outline Partly complete
Jumeirah Village Triangle
check_circle Complete
Lebanon Island
check_circle Complete
Madinat Al Arab
motion_photos_pause Planned (On hold)
Murooj Al Furjan West Phase 2
construction Under development
Nakheel Mall
check_circle Complete
Nakheel Villas Nad Al Sheba
check_circle Complete
Novo Cinema Ibn Battuta Mall
check_circle Complete
Palm Jebel Ali
check_circle Complete
Palm Jebel Ali Frond B
architecture Planned
Palm Jebel Ali Frond C
architecture Planned
Palm Jebel Ali Frond D
architecture Planned
Palm Jebel Ali Frond E
architecture Planned
Palm Jebel Ali Frond F
architecture Planned
Palm Jebel Ali Frond G
architecture Planned
Palm Jebel Ali Frond H
architecture Planned
Palm Jebel Ali Frond I
architecture Planned
Palm Jebel Ali Frond J
architecture Planned
Palm Jebel Ali Frond K
construction Under development
Palm Jebel Ali Frond L
construction Under development
Palm Jebel Ali Frond M
construction Under development
Palm Jebel Ali Frond N
construction Under development
Palm Jebel Ali Frond O
construction Under development
Palm Jebel Ali Frond P
construction Under development
Palm Jumeirah
check_circle Complete
Palm West Beach
check_circle Complete
Souk Al Marfa
check_circle Complete
Souk Warsan
check_circle Complete
The Club West Beach
check_circle Complete
The Golden Mile
check_circle Complete
The Pointe Redevelopment
architecture Planned
The View at The Palm
check_circle Complete
Warsan Village
check_circle Complete
Worlds of Discovery
do_disturb Envisioned (Cancelled)
Zen Cluster
check_circle Complete
Avani Deira Island Resort
do_disturb Planned (Cancelled)
Avani Ibn Battuta
check_circle Complete
Centara Mirage Beach Resort Dubai
check_circle Complete
Cheval Maison The Palm Dubai
check_circle Complete
Deira Islands Mall
construction Under development
Discovery Gardens Mall
architecture Planned
Dragon Mall
check_circle Complete
Ibis Jumeirah Village Circle
motion_photos_pause Planned (On hold)
Ibn Battuta Gate Complex
check_circle Complete
Ibn Battuta Residences 2
construction Under development
Jumeirah Heights East
check_circle Complete
Jumeirah Heights West
check_circle Complete
Masakin Block A
check_circle Complete
Masakin Block B
check_circle Complete
Masakin Block C
check_circle Complete
Masakin Block D
check_circle Complete
Masakin Block E
check_circle Complete
Masakin Block F
check_circle Complete
Masakin Block G
check_circle Complete
Masakin Club House
check_circle Complete
Nad Al Sheba Mall
architecture Planned
Palm 360
do_disturb Under development (Cancelled)
Palm Beach Residences
architecture Planned
Premier Inn Ibn Battuta
check_circle Complete
RIU Dubai
check_circle Complete
Saleh Bin Lahej Masjid
check_circle Complete
Shoreline Apartments
check_circle Complete
Vienna House Deira Beach
architecture Planned