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Tag Archives: Nakheel

Dubai developer Nakheel targets growth in recurring revenue

Property developer Nakheel wants recurring income to increase to more than 50 percent of all revenue by 2021 as it opens more shopping malls in Dubai, its chairman told Reuters. Nakheel, the developer of the palm shaped islands in the emirate, expects leasable retail space to more than triple to 17 million square feet in the next three to five …

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Dragon City under the spotlight as Chinese Ambassador to the UAE visits Nakheel

Nakheel’s newly-announced, 11 million sq ft Dragon City project in Dubai will play a key role in further boosting trade links between the UAE and China, according to His Excellency Chang Hua, the People’s Republic of China’s Ambassador to the UAE. His Excellency’s comments came during a visit to Nakheel’s Dubai headquarters, where large-scale models of Dragon City and other …

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