Do you want to achieve the best price for your property?

Engel & Völkers offers you a professional market valuation of your property determined by our experts free of charge. Please fill out the form below and we will contact you shortly.

 

E-mail Addresses

If you provide us with your e-mail address, we will communicate with you via e-mail. We will not pass on your e-mail address to third parties outside of Engel & Völkers. If you no longer wish to receive e-mails from us, you can cancel this at any time.

Subscribe to our newsletter now and be the first to know about new property listings!

Discover interesting properties from our portfolio and find out about our services and the fascinating world of Engel & Völkers.

E-mail Addresses

If you provide us with your e-mail address, we will communicate with you via e-mail. We will not pass on your e-mail address to third parties outside of Engel & Völkers. If you no longer wish to receive e-mails from us, you can cancel this at any time.

Nakheel reports Q1 2018 net profit of AED1.55 billion

Dubai, United Arab Emirates - Palm Jumeirah Nakheel_com 600px(4).jpg

Nakheel reports Q1 2018 net profit of AED1.55 billion


Dubai, 2 May 2018 … Nakheel made a net profit of AED1.55 billion in the first quarter of 2018 – up 5 per cent on Q1 2017.

The master developer handed over nearly 200 land and built form units to customers during Q1 2018, and sold the last available villas at its new Warsan Village community, with all 934 homes now purchased. Meanwhile, its retail, hospitality and residential leasing businesses all continued to perform robustly.

Between 1 January and 31 March 2018, Nakheel officially signed construction contracts worth almost AED5 billion. Among them: an AED4.2 billion contract for Deira Mall at Deira Islands, and an AED385 million contract for its first joint venture at Deira Islands – the 800-room beachfront hotel and waterpark from Spain’s RIU Hotels & Resorts.

Q1 2018 also saw significant construction progress at several Nakheel residential, retail and hospitality projects, including The Palm Tower, Nakheel Mall and The Palm Gateway on Palm Jumeirah; Deira Islands Night Souk, Deira Mall and the RIU and Centara resorts at Deira Islands; and Warsan Souk at Warsan Village.

Nakheel Chairman Ali Rashid Lootah said: “It has been an impressive start to 2018, with our Q1 results reflecting our ongoing delivery and diversification as per our business plan, and our key role in enhancing Dubai’s real estate sector – through a growing range of residential, retail and hospitality projects – in line with government goals. As ever, we thank our leaders for their continued trust, support and belief in our company.”

Dubai, United Arab Emirates - Nakheel.jpg

Contact us now

Engel & Völkers Dubai
Email
Back
Contact
Enter your contact details here
Thank you for your request. We will contact you shortly.

Your Engel & Völkers Team
Salutation
  • Mr.
  • Mrs.

E-mail Addresses

If you provide us with your e-mail address, we will communicate with you via e-mail. We will not pass on your e-mail address to third parties outside of Engel & Völkers. If you no longer wish to receive e-mails from us, you can cancel this at any time.

Send now

We know the true value of your property

Do you know how much your property is currently worth? No matter if you just want to inform yourself about the current market-price, or if you wish to sell your property for the best price: our experienced marketing experts are happy to assist you with a free and non-binding valuation.
Send now
Back
Contact
Enter your contact details here
Thank you for your request. We will contact you shortly.

Your Engel & Völkers Team
Salutation
  • Mr.
  • Mrs.
Please enter the property information.

E-mail Addresses

If you provide us with your e-mail address, we will communicate with you via e-mail. We will not pass on your e-mail address to third parties outside of Engel & Völkers. If you no longer wish to receive e-mails from us, you can cancel this at any time.

Send now

Follow us on social media



Array
(
    [EUNDV] => Array
        (
            [67d842e2b887a402186a2820b1713d693dd854a5_csrf_offer-form] => MTM5MjE5NzU3NkJ4d29xancwTDVhZWFIRzEycXAxcW9SdElHdVBqMTdV
            [67d842e2b887a402186a2820b1713d693dd854a5_csrf_contact-form] => MTM5MjE5NzU3NnlHcUR0Y2VlTXVPUndLMHZkMW9zMnRmRlgxaUcwaFVG
        )

)