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Nakheel to unveil iconic projects at Mumbai expo

DUBAI, December 7, 2016

Dubai real estate master developer Nakheel is set to showcase a range of iconic projects at the upcoming Dubai Property Show in Mumbai, thus offering investment opportunities to the Indian market.

Nakheel’s luxury Palm 360 hotel and residential development, located on the world-famous Palm Jumeirah, will take centre stage at the event to be held in Bandra Kurla Complex from December 9 to 11.

A wide range of other properties, some of which are ready for handover, are also on offer.

Indians – the top foreign property investors in Dubai – already account for more than 11 per cent of Nakheel customers, buying nearly 4,500 villas, apartments and land plots with a combined value of over $2.5 billion, said a statement from the developer.

And in the first six months of 2016, Indian investors spent some $2 billion on Dubai real estate, it stated.

Sanjay Manchanda, the chief executive of Nakheel, said: "The Dubai Property Show is the perfect platform from which to expand our already-strong Indian customer portfolio by highlighting the supreme investment opportunities that Dubai has to offer."

Dubai’s excellent transport, education, trade, tourism and recreational facilities entice millions of people to live, work and spend leisure time in the emirate, noted Manchanda.

"As the city continues to grow, so does the need for more accommodation and attractions for residents, tourists and businesspeople, meaning more new and lucrative opportunities for would-be investors. We look forward to capturing their attention at the show with a diverse range of projects, including our very latest creation, Palm 360," he added.-TradeArabia News Service




Tags: nakheel | Projects |

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