• Magazine Archive
  • Advertise With Us
  • Subscribe
  • Contact Us
Monday, March 8, 2021
  • Login
Hotel News ME
  • Hotels
  • Catering
  • Reviews
  • Suppliers
  • People
  • Videos
  • Events
    • GM Leaders Conference
      • Conference 2020
    • Leaders in Hospitality Awards
      • Awards 2021
    • Leaders in F&B Awards
      • Awards 2019
    • The Big F&B Forum
      • Forum 2019
    • Executive Housekeepers Conference
  • Business Connect
No Result
View All Result
Hotel News ME
  • Hotels
  • Catering
  • Reviews
  • Suppliers
  • People
  • Videos
  • Events
    • GM Leaders Conference
      • Conference 2020
    • Leaders in Hospitality Awards
      • Awards 2021
    • Leaders in F&B Awards
      • Awards 2019
    • The Big F&B Forum
      • Forum 2019
    • Executive Housekeepers Conference
  • Business Connect
No Result
View All Result
Hotel News ME
No Result
View All Result
Home News

Nakheel to unveil hospitality projects at Cityscape

Crystal Chesters by Crystal Chesters
September 5, 2017
in News
A A

Dubai-based master developer Nakheel is gearing up to unveil a diverse range of projects, including hospitality developments, at Cityscape Global 2017 on 11 – 13 September.

Palm Jumeirah

Collectively worth more than AED3.2 billion, the six new residential, retail and hospitality developments will be announced for four of its communities in Dubai – including its world-famous flagship master development, Palm Jumeirah.

Nakheel Chairman, Ali Rashid Lootah, said: “We continue to deliver and diversify in line with government goals and our own business strategy. And while development remains our core business, we are focussing on growing our hospitality, retail and leasing divisions by creating a range of new hotels, resorts, F&B destinations, malls and tourist attractions across the city.”

The developer, whose projects currently span 15,000 hectares and accommodate more than 270,000 people, already has more than AED50 billion worth of projects under way in terms of infrastructure and construction costs.

It has awarded construction contracts to the tune of AED7 billion so far this year, and expects the figure to exceed AED12 billion by the end of 2017.

Nakheel already has more than 27,000 investors – from all over the world – who have collectively spent over AED110 billion on 41,000 land plots or built form units since the first properties went on sale in 2002.

And there’s been an upturn in sales of ready properties, off-plan properties and land plots over the last few months, with continued interest from existing and new investors, the company said.

Ali Rashid Lootah said: “Cityscape Global will see the launch of a diverse line-up of Nakheel developments unique opportunities for local and international investors looking to become part of Dubai’s exciting future. We look forward to showcasing our new projects at this world-famous real estate event.”

Nakheel will be exhibiting at stand S2B10, at Cityscape Global, 11-13 September.

Tags: CityscapeHospitality developmentsNakheelPalm Jumeirah

Related Posts

New luxury Chedi resort to open in Qatar
Hotels

New luxury Chedi resort to open in Qatar

March 7, 2021
The Retreat Palm Dubai welcomes  new executive assistant manager
Appointments

The Retreat Palm Dubai welcomes new executive assistant manager

March 7, 2021
Al Barakah Dates expands to become world’s largest date factory in Dubai Industrial City
Catering

Al Barakah Dates expands to become world’s largest date factory in Dubai Industrial City

March 7, 2021
Please login to join discussion

Trending

Radisson Hotel Group to expand with 30 hotel openings across EMEA in 2021
Hotels

Radisson Hotel Group to expand with 30 hotel openings across EMEA in 2021

by Dina Maaty
March 3, 2021

Read more
Aloft Abu Dhabi teams up with Elli’s Kosher Kitchen to launch catering service
Hotels

Aloft Abu Dhabi teams up with Elli’s Kosher Kitchen to launch catering service

by Dina Maaty
February 21, 2021

Read more
The Middle Eastern Twist: ILA brings authentic eats to Dubai Creek
Catering

The Middle Eastern Twist: ILA brings authentic eats to Dubai Creek

by Section Editor
March 5, 2021

Read more

Digital Magazine

Hotel News ME

Copyright © 2021
BNC Publishing. All Rights Reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

No Result
View All Result
  • Hotels
  • Catering
  • Reviews
  • Suppliers
  • People
  • Videos
  • Events
    • GM Leaders Conference
      • Conference 2020
    • Leaders in Hospitality Awards
      • Awards 2021
    • Leaders in F&B Awards
      • Awards 2019
    • The Big F&B Forum
      • Forum 2019
    • Executive Housekeepers Conference
  • Business Connect

Copyright © 2021
BNC Publishing. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In