Nakheel courts Indian investors for new Palm Jumeirah hotel and residences

Nakheel courts Indian investors for new Palm Jumeirah hotel and residences
By Staff emirates247
Published Thursday, December 08, 2016

Nakheel courts Indian investors for new Palm Jumeirah hotel and residences

Dubai real estate master developer Nakheel is making its way to Mumbai for the Dubai Property Show to showcase a range of projects offering investment opportunities to the Indian market.

Nakheel’s Palm 360 hotel and residential development, located on Palm Jumeirah, will take centre stage at the event, which takes place at Mumbai’s Bandra Kurla Complex, 9-11 December 2016.

A wide range of other properties, some of which are ready for handover – are also on offer.

Indians – the top foreign property investors in Dubai – already account for more than 11 per cent of Nakheel customers, buying nearly 4,500 villas, apartments and land plots with a combined value of over $2.5 billion.

And in the first six months of 2016, Indian investors spent some $2 billion on Dubai real estate.

Sanjay Manchanda, CEO of Nakheel, said: “The Dubai Property Show is the perfect platform from which to expand our already-strong Indian customer portfolio by highlighting the supreme investment opportunities that Dubai has to offer.

“Dubai’s excellent transport, education, trade, tourism and recreational facilities entice millions of people to live, work and spend leisure time in the emirate. As the city continues to grow, so does the need for more accommodation and attractions for residents, tourists and businesspeople, meaning more new and lucrative opportunities for would-be investors.

“We look forward to capturing their attention at the show with a diverse range of projects, including our very latest creation, Palm 360.”

Posted on December 8, 2016 in Property, Real Estate

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