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Old May 14th, 2013, 02:58 PM   #681
TerryPop
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Nakheel Service charges

Nakheel Service charges for 2012 -2013 have been invoiced out today.


In all of them we have received an arrears fee of over 1,000 aed.

Looks like this:


Total of this Invoice 22,656.67
Arrears – Service Charges 1,740.82
Arrears – Late Fees 87.05
Subtotal of Amount Due 14,484.54

Total Amount Due 24,484.54


This is not a late charge right? we were up to date on Sc's and they have only invoiced today.

Any idea what it is.

Thanks!
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Old June 3rd, 2013, 09:24 PM   #682
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Nakheel sells $381m of villas sold in five hours

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by Andy Sambridge on Jun 3, 2013

Property investors snapped up 350 newly-launched villas from Nakheel in five hours on Sunday, bringing in sales values in excess of AED1.4bn ($381m).

The Dubai-based developer said buyers began descending on Nakheel’s sales office on Friday – two days ahead of the launch – for the Legacy Nova Villas, to be constructed at Nakheel’s 350 hectare Jumeirah Park master community.
http://www.constructionweekonline.co.../#.Uazpm0B01ik
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Old July 1st, 2013, 01:43 PM   #683
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Nakheel closes land deals worth nearly AED700 million on Palm Jumeirah

WAM DUBAI, July 1st, 2013 (WAM): Nakheel has sold two hotel plots on Palm Jumeirah's crescent for a combined value of almost AED700 million, the Dubai developer said today.

A plot to the west of Atlantis was sold to a GCC investor for AED556 million, while an Emirati investor purchased a plot on the eastern crescent for AED139 million, Nakheel said in a press release.
http://www.wam.ae/servlet/Satellite?...=1135099399983
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Old July 2nd, 2013, 12:28 PM   #684
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Quote:
Originally Posted by TerryPop View Post
I wrote this a couple of months ago so...

This year Nakheel launched

The pointe (jan 2012), palma residences (Mar 2012), The palm mall/Village centre re-launch (April 2012) & the Palm views East & West (May 2012).

To date there is zero activity on any of these projects (apart from a small piling operation on palma residences).

Zero activity yet most of the projects have a 2013 delivery schedule.

Timeline update.
Palm views East and west (studios by Marina residences bldg. 3 & 4) looks like piling works nearing completion. Launched March 2012.

No real activity on Nakheel Mall- a few trucks driving about but zero building works (relaunched over a 15 months ago).

The pointe.. zero activity.

Its got to be a financing issue as I originally suspected. They are building the cheapest stuff out and using the promise of building landmarks to keep the palm premium.

Scrambling about for a lender I reckon.
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Old September 27th, 2013, 12:57 AM   #685
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Nakheel launches gated community

Quote:
Staff Report | Published: 16:52 September 26, 2013

Dubai: Nakheel will start selling townhouses at Warsan Village – a new community in Dubai with nearly 1,200 homes – on Sunday 29 September, the developer has announced.
http://gulfnews.com/business/propert...nity-1.1235895
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Old October 2nd, 2013, 06:45 AM   #686
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Nakheel sells 262 units on launch

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By Parag Deulgaonkar | Published Sunday, September 29, 2013


Investors standing outside Nakheel sales office from Saturday night.

Nakheel, Dubai-based master developer, on Sunday said it has sold 262 units in Warsan Village, with a combined sales value of Dh460 million.

A Nakheel spokesman said: “As expected, we’ve seen a healthy initial response – from people from the UAE, GCC, India and China – to our townhouses, which are set to bring a completely new style of living to this already hugely-popular community.
http://www.emirates247.com/nakheel-s...09-29-1.522761
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Old October 5th, 2013, 05:36 AM   #687
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Nakheel launches 400 new villas at Al Furjan, 3-bedroom starting Dh2.85 million

Quote:
By Staff | Published Thursday, October 03, 2013

Dubai-based master developer Nakheel is to launch a new phase of nearly 400 new homes at its Al Furjan community, with bookings accepted from Sunday October 6, the developer announced in a media statement on Thursday.

In its second new residential project launch in a week and eighth this year, Nakheel said it will release 223 three-bedroomed terraced houses and 146 four-bedroomed villas, bringing a new collection of luxury homes to the existing Al Furjan community.
http://www.emirates247.com/news/emir...10-03-1.523319







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Old October 7th, 2013, 12:44 PM   #688
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Dubai’s Nakheel faces $27m land claim

Dubai developer Nakheel World, known for building huge manmade islands during the emirate’s property boom, will on Monday face a land claim of around AED100m ($27m) over its failed Mina Rashid project.
The case, to be heard at the Dubai World Tribunal at DIFC Courts, relates to the AED446m sale of a large plot of land to Saudi Arabian developer Al Falak in 2008. Al Falak pursued legal action against Nakheel when the Mina Rashid master development, which was intended to house 225,000 residents, failed to materialise.
Al Falak, which intended to develop a large building on the plot, is seeking about AED100m for money it paid towards the land plus legal fees and interest.
Joe Durkin, a partner at Davison & Co which is representing Al Falak, said he expected a judgement within a few hours. “It should be pretty swift. Unlike other tribunals which can take a few days, I think we’ll be finished today,” he told Arabian Business.
Nakheel World is a separate entity to Nakheel PJSC, which was carved out of Dubai World during the emirate’s debt crisis and taken under direct control of the government.
The case is being heard by Sir John Chadwick, Sir Antony Evans and Sir David Steele.
Announced at the height of Dubai’s property boom, the Mina Rashid development was to 17.5 km of waterfront promenade and a projected population of 225,000 people, as well as a mass transit and water taxi system that will provide links to the Dubai Metro, Dubai Maritime City and Palm Deira.
The port development was one of a number of high-profile Nakheel projects that went down the pan amid Dubai’s debt crisis, along with manmade islands Palm Jebel Ali, Palm Deira and The World.
* Nakheel no longer responds to media enquiries from Arabian Business, nor does it grant this publication access to any of its media events or announcements.

http://www.arabianbusiness.com/dubai...im-522000.html
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Old October 9th, 2013, 04:20 AM   #689
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Dubai's Nakheel to restart work on stalled island

Quote:
on Oct 8, 2013

Dubai developer Nakheel will restart work on part of one of the three palm-shaped islands, the company chairman said.

Nakheel, which was taken over by the government as part of a $16 billion rescue plan completed in 2011, will change the manmade island group's name to Deira Island from Palm Deira, chairman Ali Rashid Lootah told reporters on the sidelines of Dubai's property exhibition show Cityscape.
http://www.constructionweekonline.co.../#.UlS9O1B02gs
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Old November 21st, 2013, 03:50 AM   #690
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Nakheel to launch new plots at flood-hit Dubai community

Quote:
By Andy Sambidge | Wednesday, 20 November 2013 1:26 PM

Dubai developer Nakheel said on Wednesday it is set to launch more than 500 new residential plots at its Al Furjan project which was recently hit by extensive flooding.

The plots, which cover between 4,800 and 13,000 sq ft, will be launched on Thursday, Nakheel said in a statement, adding that prices will range from AED1.1m to AED3.3m.
http://www.arabianbusiness.com/nakhe...ty-527231.html
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Old December 5th, 2013, 07:12 AM   #691
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Nakheel awards contracts worth Dh174m for new Palm Jumeirah projects

Quote:
Staff Report | Published: 17:58 December 4, 2013

Dubai: Dubai developer Nakheel has awarded contracts worth Dh174 million for the construction of two new beachfront projects on Palm Jumeirah.
http://gulfnews.com/business/propert...ects-1.1263338
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Old January 21st, 2014, 06:37 AM   #692
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Nakheel says upset investors must wait 5 years for cashback

About 80 percent of property buyers in Nakheel's stalled projects have now settled with the developer, with 20 percent of buyers still in dispute, said Lootah. These can get their cash back five years from the date of Nakheel signing its restructuring deal, he said.
http://www.arabianbusiness.com/nakhe...ck-535178.html
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Old February 6th, 2014, 10:31 AM   #693
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hello
do you guys know which construction company built the villas in palm jumeirah?
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Old February 13th, 2014, 08:00 AM   #694
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What's the situation on the road access to DG, Gardens and Furjan ... Its epic how much traffic there is. I've heard a lot about the new exists being built but have they even started?
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Old September 30th, 2014, 09:44 PM   #695
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is this company still operational or bankrupt?
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Old October 2nd, 2014, 04:51 PM   #696
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Very much operational, launching new projects too.
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Old October 2nd, 2014, 09:46 PM   #697
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Originally Posted by Varun124 View Post
Very much operational, launching new projects too.
do they have projects outside UAE? I thought they were bankrupt
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Old March 24th, 2015, 01:08 PM   #698
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Nakheel screwed lots of people, everyone knows some one nakheel stole and exploited
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