01 October 2017
Dubai developer Nakheel unveiled a diverse range of projects collectively worth more than Dh4 billion ($1.08 billion) at Cityscape Global 2017.
Nakheel launched seven new residential, retail and hospitality developments at four of its developments in Dubai, including its flagship Palm Jumeirah island (see Real Estate).
The developer, whose projects currently span 15,000 hectares, already has more than Dh50 billion ($13.61 billion) worth of projects under way in terms of infrastructure and construction costs. It has awarded contracts to the tune of Dh7 billion ($1.91 billion) so far this year, and expects the figure to exceed Dh12 billion ($3.27 billion) by the end of 2017.