March 25, 2017 9:08 PM ET

Real Estate Management and Development

Company Overview of Nakheel PJSC

Company Overview

Nakheel PJSC provides real estate development services. The company develops, sells, leases, and manages residential, commercial, retail, and leisure projects in Dubai. The company also develops and leases hospitality, leisure, and entertainment projects, such as club houses for residential communities, hotels, and community recreation centers; marine and yachting hubs; and residential communities. It also develops and operates shopping malls. In addition, it offers leasing and property management solutions that include facilities management, community services, and security services. The company was incorporated in 2003 and is based in Dubai, United Arab Emirates. Nakheel PJSC is a former s...

Nakheel Sales Centre

Al Sufouh Road

P.O.Box 17777

Dubai,  

United Arab Emirates

Founded in 2003

Phone:

971 4 390 3333

Fax:

971 4 390 3314

Key Executives for Nakheel PJSC

Chief Executive Officer and Chief Finance Officer
Managing Director of Development
Managing Director
Managing Director of Communities
Managing Director of Projects Construction
Compensation as of Fiscal Year 2016.

Nakheel PJSC Key Developments

Nakheel Wins AED 184.5 Million Construction Contract

Nakheel awarded a AED 184.5 million construction contract for a second hotel at Ibn Battuta Mall.

Nakheel PJSC Reports Earnings Results for the Fourth Quarter and Full Year of 2016

Nakheel PJSC has reported that net profit for the fourth quarter of 2016 was AED 955 million, an increase of 22%, compared to AED 781 million for the same quarter of 2015. Net profit was 4.96 billion in 2016, a 13% increase on the 2015 net profit of AED 4.38 billion.

Nakheel Signs Management Deal for Minor Hotels

Nakheel announced that it has signed a management agreement with Minor Hotels for a new 372-room hotel to be constructed at Ibn Battuta Mall in the UAE emirate. Under the agreement, the hotel will be managed under the Avani Hotels & Resorts brand. A construction contract for the 18-storey hotel will be awarded in February 2017. The hotel will feature a pool, spa, gym, and food and beverage outlets.

Similar Private Companies By Industry

Company Name Region
Aabar Properties LLC Middle East/Africa
Abu Dhabi National Exhibitions Company PJSC Middle East/Africa
ACI Real Estate LLC Middle East/Africa
Al Barari Firm Management LLC Middle East/Africa
Al Farwaniya Property Developments LLC Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
The Advertising Council, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Nakheel PJSC, please visit www.nakheel.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.