NAKHEEL

[Imre]

Will they sell everything within 24 hours ?

[Parisian Girl]

Shoreline Residences at Palm Jumeirah has been at the heart of a service-charge dispute with master developer Nakheel.

by Gerhard Hope on Feb 24, 2012

Master developer Nakheel recently hosted a media round table to present its case in its ongoing dispute with residents at the Shoreline Residences on Palm Jumeirah with regard to unpaid service charges.

http://www.constructionweekonline.co...-says-nakheel/

[Parisian Girl]

by CW Staff on Feb 25, 2012

Master developer Nakheel has issued a tender for security services at its Palm Jumeirah and International City communities.

The tender is for “repair and maintenance of security systems,” ranging from gate barriers to CCTV, access control and the control room.

http://www.constructionweekonline.co...rity-services/

[Parisian Girl]

By Staff | Published Sunday, February 26, 2012

Nakheel released on Sunday profit and interest payments equivalent to Dh202.2 million to its lenders.

The payments were due at the end of February 2012 in accordance with the restructuring commitments.

A Nakheel spokesperson said the timely discharge of the committed payments signals the successful execution of the restructured operations by Nakheel.

He said it cements Nakheel’s commitments towards implementing the agreed operating plan following the completion of one of the largest and most complex restructuring in the Middle East in August 2011.

http://www.emirates247.com/business/...02-26-1.445189

[Parisian Girl]

By Parag Deulgaonkar | Published Thursday, March 29, 2012

Nakheel has finally commenced sales of its townhouse project on Palm Jumeirah, launched in September 2011, at prices ranging between Dh6 and Dh8 million.

Located off the Palm Jumeirah eastern side of the trunk, Palma Residences will have 104 townhouses and will be separate gated community with a Mediterranean-style design.

http://www.emirates247.com/news/emir...03-29-1.451180

[Parisian Girl]

Nakheel lays down law for Discovery: No laundry in balconies or smoking in corridors
http://www.emirates247.com/property/...04-09-1.452869

[Parisian Girl]

By Parag Deulgaonkar | Published Wednesday, April 11, 2012

Nakheel on Wednesday broke ground on the Palma Residences, Palm Jumeirah - its first project launched after completion of its Dh60-billion restructuring process - with the project stated to be completed in 18 months.

http://www.emirates247.com/business/...04-11-1.453414

[InvestorDubai]

Stay away from any off-plan purchases

The news about them selling 21 villas-could be just propaganda to entice people to buy.

Anybody who has not learned from the problems of investors stuck in
incomplete buildings will suffer again. If you don't learn from other people's
mistakes you will learn from your own.

When sh*t hits the fan we know who the government, RERA and courts support. THE DEVELOPER.

Buy only COMPLETE buildings and nothing else is my 2 pence worth.

Many Nakheel projects are on hold. They don't have a reputation of delivering on schedule.

[Parisian Girl]

By Parag Deulgaonkar | Published Sunday, April 15, 2012

Nakheel, the Dubai-based master-developer, plans to handover 819 villas in its Al Furjan project by the year-end, Emirates 24|7 can reveal

http://www.emirates247.com/property/...04-15-1.453827

[Parisian Girl]

By Parag Deulgaonkar | Published Monday, April 16, 2012

Dubai-based property developer Nakheel said on Monday its net profit jumped 33 per cent to Dh1.33 billion in 2011 compared with Dh1 billion in 2010.

http://www.emirates247.com/business/...04-16-1.454151

[Parisian Girl]

By Staff | Published Thursday, April 19, 2012

Nakheel on Thursday signed contracts worth Dh43 million for two key projects on Palm Jumeirah.

A Dh25-million contract for design of the Palm Mall, a 1.7 million sq ft retail complex, was awarded RSP Architects. Design work is due to finish by year-end, with construction starting early in 2013. The mall will open in 2014.

http://www.emirates247.com/property/...04-19-1.454759

[Parisian Girl]

Carol Huang | Apr 20, 2012


Kamal Kotecha, a British resident of Jumeirah Islands, says regulation is needed to prevent steep and unpredictable rises. Jaime Puebla / The National

DUBAI //Nakheel will raise Jumeirah Island district-cooling charges by 79 per cent after months of resistance to its 150 per cent rise.

http://www.thenational.ae/news/uae-n...ling-rate-rise

[DUBAI INVESTOR]

Passed by Nakheel's new Palm Jumeirah townhouse development, La Palma, today and there was zero activity, not one worker or machine. According to Nakheel, the completion date is in 18 months ! Also to note is that government developers like Nakheel and Emaar still are exempt on The Escrow Law, i.e., the funds deposited towards La Palma are not tied to this project. The off plan buyer can however rest assure that his investment is protected by an ironclad SPA based on Dubai Property Laws, enforced by an expeditious and affordable court system and overseen by the ever vigilant RERA agency.

[Parisian Girl]

The National staff | May 6, 2012

DUBAI // Nakheel today denied reports that it is blocking access to car parks in the Shoreline residential buildings on the Palm Jumeirah.

http://www.thenational.ae/news/uae-n...ine-apartments

[Parisian Girl]

By Manoj Nair, Associate Editor | Published: 00:00 May 11, 2012


Villas on the Palm Jumeirah, a Nakheel project. Nakheel has handed over 1,171 properties to its customers this year so far. Image Credit: Gulf News Archives

Dubai Total customer liabilities "mitigated" from Nakheel's long-term projects now total Dh6.67 billion out of the original Dh9.88 billion — a decline of 32.4 per cent, Gulf News has learnt.

http://gulfnews.com/business/propert...ties-1.1021343

[Parisian Girl]

Staff Report | Published: 00:00 May 17, 2012

Dubai: The Legal Affairs Department of the Dubai Government said Dubai Courts will hear cases involving Nakheel and its subsidiaries, following Nakheel's separation from Dubai World which took place on August 23, 2011.

http://gulfnews.com/business/propert...heel-1.1024055

[Parisian Girl]

By Claire Valdini | Sunday, 20 May 2012 2:10 PM



Nakheel Properties, the Dubai developer bailed out by the government in 2009, will start selling 500 sq feet studio apartments on the Palm Jumeirah, its second residential project since the real estate market crashed in 2008, its chairman said.

http://www.arabianbusiness.com/nakhe...ct-458465.html

[TerryPop]

Originally Posted by DUBAI INVESTOR

Passed by Nakheel's new Palm Jumeirah townhouse development, La Palma, today and there was zero activity, not one worker or machine. According to Nakheel, the completion date is in 18 months ! Also to note is that government developers like Nakheel and Emaar still are exempt on The Escrow Law, i.e., the funds deposited towards La Palma are not tied to this project. The off plan buyer can however rest assure that his investment is protected by an ironclad SPA based on Dubai Property Laws, enforced by an expeditious and affordable court system and overseen by the ever vigilant RERA agency.

its probably worth keeping a timeline from each press release/launch of a new project to any real activity.

This could be a dubai land trick all over again.

[TerryPop]

So looking at each project:

The pointe on Palm Jumeirah- Launched in early Jan- completion in 2013-

Nakheel launches Dh300m mall on Palm Jumeirah

The mall, which will include retail and food a beverage outlets, will be completed in 2013

http://gulfnews.com/business/retail/...eirah-1.964402

[TerryPop]

Launched end of March 2012- completion end of 2013?


Nakheel sells 21 Palm Jumeirah townhouses on day one of sales

Completion of Palma Residences by end-2013;

http://www.emirates247.com/news/emir...04-03-1.451992