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FINANCIAL NEWS
UAE Nakheel sells villas for USD381m
03 Jun 2013
(MENAFN) In an official statement, Nakheel said that it sold villas for USD381 million early June, reported Arabian Business.
The company also stated that the number of villas sold was 350. It added that the villas were newly launched.
The Dubai-based firm added that due to the high demand, it raised the number of villas on sale by over 50 percent.
It is worth noting that Nakheel operates under the umbrella of Dubai World, which manages various businesses on behalf of the Dubai government.
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