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FINANCIAL NEWS
Dubai’s Nakheel gets USD190m for two plots on Palm Jumeirah
02 Jul 2013
(MENAFN) Dubai developer Nakheel has sold two hotel plots on Palm Jumeirah’s crescent for a total value of roughly USD190 million, Arabian Business reported.
One of the two plots, to the west of Atlantis, was sold to a GCC investor for USD151.34 million while the other plot, on the eastern crescent, was sold to an Emirati investor USD37.84 million, the company said.
Nakheel said it is currently constructing a number of residential projects on Palm Jumeirah. The company added that work on the Nakheel Mall and Hotel and The Pointe is set to begin this year.
More News
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CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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