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FINANCIAL NEWS
Nakheel plans auctioningJumeirah plots
26 Feb 2014
(MENAFN) Dubai-based Nakheel said that it plans to auction selection of prime residential plots at its Jumeirah Park community, Arabian Business reported.
The plots are part of Jumeirah Park community containing 1,795 luxury villas, with 800 more under construction.
Nakheel said it has recommenced work on all its ‘near term’ projects, and was able to deliver 8,000 units to customers.
It added that USD3.5 billion was paid to contractors and suppliers; paid interest of USD272 million to banks and made profit payments of around USD272 million to sukuk holders.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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