Dubai: Master developer Nakheel today hosted the Korea Financial Investment Association (KOFIA), which is visiting Dubai to assess investment opportunities in the emirate.

The group, welcomed by Nakheel Chairman Ali Rashid Lootah, discussed the company’s current and planned projects and the real estate investments on offer in Dubai, before touring the world-famous Palm Jumeirah.

Ali Rashid Lootah also proudly presented a gold palm, symbolising Nakheel’s flagship Palm Jumeirah project, to Mr Yong-Won Kwon, Chairman of KOFIA, during the visit.

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Media contact: Rebecca Rees on +971 4375 9702 (Rebecca.rees@nakheel.com )

About Nakheel ( www.nakheel.com ):

Nakheel is a world-leading developer 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 around 25,000 residential units under construction or in the pipeline.

Nakheel’s retail arm, Nakheel Malls, is the Middle East’s largest retail developer, with 17.5 million sq ft of leasable space across 19 projects, including large-scale destination malls and souks, F&B destinations and community shopping centres. Assets include the world-famous Ibn Battuta Mall and Dragon Mart, both of which continue to undergo major expansions. Upcoming projects include Nakheel Mall on Palm Jumeirah; Deira Mall at Deira Islands; Al Khail Avenue at Jumeirah Village and more.

Our growing hospitality project portfolio comprises 18 hotels and serviced apartment developments with over 6,500 rooms and hotel apartments between them at various locations in Dubai, including Palm Jumeirah, Deira Islands, Ibn Battuta Mall, Jumeirah Village and Dragon City. Two are currently open and operational, with the rest at various stages of construction and development.

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