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Nakheel's sales jump threefold
- United Arab Emirates: Tuesday, September 16 - 2008 at 15:39
Nakheel, a Dubai World company and developer of the Palm Islands, has announced that its 2008 sales to date have jumped threefold compared to 2007's full-year figures. To date, more than 6,100 Nakheel units in Dubai have been sold (97%) or reserved (3%) this year. Unit sales in 2008 comprised more than two-third apartment (68%), over a quarter villa (27%) and 5% land plots. Nakheel's portfolio is conservatively valued at $80bn, the company said in a statement.
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Jeff Florian, Senior ReporterTuesday, September 16 - 2008 at 15:39 UAE local time (GMT+4)
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