Nakheel revealed the fact that he wants to construct 102 beachfront townhouses on the Palm Jumeirah, and at the same time the company exposed that the value of its sukuk is undervalued on the marketplace.
Rashid Ali, Nakheel’s chairman, stated that its aim is to have the same as last year. He also added that Nakheel is confident of delivering new projects over the next few years.
Although Nakheel has successfully completed its financial restructuring, it is aspiring to extend its retail business and increase community services such as the expansion of Dragon Mart Mall and the construction of two new Neighborhood Community Centers.