PALM 360 takes centre stage at real estate expo

Dubai, 7 December 2016

Dubai real estate master developer Nakheel is making its way to Mumbai for the Dubai Property Show to showcase a range of iconic projects offering unrivalled 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, which takes place at Mumbai’s Bandra Kurla Complex, 9-11 December 2016.  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 US$2.5 billion.  And in the first six months of 2016, Indian investors spent some US$2 billion on Dubai real estate.

Sanjay Manchanda, CEO 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. 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.”

-Ends-

Media contact
Rebecca Rees 
+9714 375 9702 
rebecca.rees@nakheel.com

Media interviews with Nakheel CEO Sanjay Manchanda are available in Mumbai during the show.  To arrange, please contact Rebecca Rees (details above) or visit the Nakheel stand (D1) at the Dubai Property Show.

About Nakheel (www.nakheel.com )
Nakheel is one of the world’s leading developers and a major contributor to realising the vision of Dubai for the 21st century: to create a world class destination for living, business and tourism. Nakheel continues to deliver and enhance an iconic portfolio of innovative landmark projects in Dubai across the residential, retail, hospitality and leisure sectors.

Our master developments include Palm Jumeirah, The World, Deira Islands, Jumeirah Islands, Jumeirah Village, Jumeirah Park, Jumeirah Heights, The Gardens, Discovery Gardens, Al Furjan, Warsan Village, Dragon City, International City, Jebel Ali Gardens and Nad Al Sheba.  Together, these span more than 15,000 hectares and currently provide homes for over 270,000 people. Nakheel has more than 21,000 residential units under construction or in the pipeline.

Nakheel’s current and future retail project portfolio covers nearly 17 million square feet of leasable space.  Developments include Ibn Battuta Mall, Dragon Mart 1 and 2, Golden Mile Galleria, Nakheel Mall, The Pointe, Deira Mall, Deira Islands Night Souk, Warsan Souk, Al Khail Avenue, The Circle Mall and Nad Al Sheba Mall, as well as major extensions to Dragon Mart (renamed Dragon City) and Ibn Battuta Mall.  The retail profile also includes several neighbourhood community centres.

Our growing hospitality project portfolio comprises 16 hotels and serviced apartment developments with more than 5,200 rooms between them at various locations in Dubai, including Palm Jumeirah, Deira Islands, Ibn Battuta Mall, Jumeirah Village and Dragon City.

© Press Release 2016