Nakheel to showcase 3.5bn of property at Dubai Property Show

Nakheel will be showcasing AED3.5 billion of real estate at the Dubai Property Show in London this weekend.

The creator of some of the world’s most famous landmarks, including Palm Jumeirah, is the biggest developer at the event, which takes places at London Olympia from Friday 13th to Sunday 15th May 2016.

The show arrives on British shores as the emirate’s appeal to UK investors has rarely been higher: Brits injected £1.9 billion into Dubai’s real estate last year, according to the Dubai Land Department – doubled from £9.39 million three years ago. Britons are now the second largest group of investors in Dubai’s property, behind only Indians.

Nakheel aims to boost British investment in Dubai even further, with almost 1,200 residential units and land plots on the award-winning Palm Jumeirah and at other locations in the emirate on display to event visitors. Prices for the properties start at £273,000 (AED1.45 million).

“Dubai’s world-famous landmarks and enviable lifestyle need no introduction to the UK. More than 100,000 British people live in Dubai, close to a million are expected to visit as tourists or on business this year and 4,000 UK companies and educational institutions operate in the emirate. And while thousands of Britons have already seized the opportunity to be part of Dubai’s real estate success story, many may not realise the substantial returns gained from buying a property in the city,” says Aqil Kazim, Chief Commercial Officer at Nakheel.

“The Dubai Property Show is the perfect opportunity to showcase our projects to an audience that is already our third largest group of investors outside the Middle East,” Mr. Kazim adds.

Indeed, Nakheel’s customer database includes over 2,500 UK customers who have spent close to GBP1 billion (AED5 billion) on 3,300 of its properties to date.

Mr. Kazim highlights Dubai’s excellent quality of life and top-flight facilities, schools and entertainment as magnets for expatriates to live and work in the emirate. These people need accommodation, which creates a huge demand for rental properties, therefore providing impressive investment returns.

Nakheel’s current developments in Dubai span almost 15,000 hectares – enough to house more than 21,000 international-size football pitches – and provide homes for more than 270,000 people.

Its properties on sale include luxury high-rise apartments and high-end beachfront units on the iconic Palm Jumeirah, and a wide range of stylish, spacious townhouses and villas at several Nakheel communities, including Jumeirah Islands, Jumeirah Park, Al Furjan and Warsan Village.

Some are ready to move into, while others are in the advanced stages of construction, with most due for completion this year.

The developer is also offering limited investment opportunities through land plots for mixed-use development at various master communities in Dubai.

Mr. Kazim adds: “Dubai is home to the world’s busiest airport, an increasingly-popular tourism hotspot, the venue for Expo 2020 and has a population that is expected to double to five million by 2030. All of these add up to countless new opportunities for investors who want to be part of its exciting future.”

To find out more about Dubai, Nakheel and the investment opportunities available, visit stand D1 at the Dubai Property Show, London Olympia, between 13th and 15th May. Entry is free and the official show website is here.

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