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


United Arab Emirates

Founded in 2003


971 4 390 3333


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.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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