Established in 2000, Nakheel properties is a real estate developer based in Dubai. The company was originally owned by the Dubai world but separated as part of the restructuring completed in July 2011. Nakheel is now 100% owned by the Dubai government through the Dubai Financial Support Fund (DFSF).
The end of the restructuring marked by Sukuk issuance to creditors of trade. There are many real estate companies in the UAE by the size of the land bank. To know more about nakheel properties visit https://www.manzili.ae/nakheel-properties.
It has development rights over 1 billion square feet ground land and the right to reclaim more than 4 billion square feet of seabed area, which is 300 mn sq ft has been reclaimed. Some of the important properties offered by companies in Dubai are Palm Jumeirah, The World, Jumeirah Islands, Jumeirah Village, Ibn Battuta Mall, Jumeirah Park, Jumeirah Heights, Discovery Gardens, International City, The Gardens, Al Furjan, and Dragon Mart.
In 2016 Nakheel Sukuk is one of the highly sought after papers in the Middle East region due to a general improvement in the macroeconomic environment of Dubai, the scarcity of high-yield paper in the region, and the company's improved track record provides some housing projects in Dubai. We expect Nakheel to continue to show strong operational performance and successful deleveraging trend in the medium term.