Nakheel targets European Investors

Master developer Nakheel was attending the major international property event for the first time, offering products worth 1 billion Euro to an extensive amount of top European investors. Around 100 land plots for commercial residential or hotel development and 1,000 built-form residential units in Dubai are part of their investment opportunities. The company has played a huge role in Dubai's evolution, bringing landmark developments such as Palm Jumeirah and Deira Islands, of which there will be scale models at the exposition along with other projects. In addition to this, their numerous projects span more than 15,000 hectares and provide homes for over 270,000 people. European investors have already acquired 4,700 land plots or residential units from Nakheel. Chairman Ali Rashid Lootah expressed the pride it was for Nakheel to be present at MIPIM as Dubai's only representative, and is confident in the city's promising future and relations with European investors.