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Dubai’s Nakheel to display AED 59bn real estate portfolio at Expo Real 2018

Dubai’s Nakheel to display AED 59bn real estate portfolio at Expo Real 2018
Nakheel will showcase its AED 59.11 billion real estate portfolio at Expo Real 2018

Dubai – Mubasher: Dubai-based master developer Nakheel on Monday revealed that it will participate in Expo Real 2018, which will take place in Munich, Germany, for the second consecutive year.

Expo Real, which covers an area of 64,000 square metres, is Europe's largest real estate and investment trade fair.

Hosting over 2,000 exhibitors and 41,775 participants, the three-day event kicks off on 8 October and ends on 10 October.

Nakheel will showcase its AED 59.11 billion (EUR 14 billion) real estate portfolio at the event.

Nakheel, the only Dubai-based developer at the event, will offer a diverse selection of investment opportunities including completed and off-plan residential units, it said in a statement.

It will also offer land plots for commercial, residential or hotel development at prime locations such as the world-famous Palm Jumeirah and the up-and-coming Deira Islands.

“We are delighted to be back at Expo Real to represent Dubai and its unrivaled opportunities for investors to become part of the city’s exciting, ever-growing real estate scene,” Nakheel chairman Ali Rashid Lootah said.

The Nakheel stand will display scale models of Palm Jumeirah and one of its newest landmarks – the iconic, 260-metre-tall PALM360 twin-tower hotel.

Moreover, the company will showcase a residential complex featuring 1,115 square-metre penthouses, the world’s largest rooftop infinity pool and, as the name suggests, 360-degree views of Dubai.

Over the last 12 months, 360 investors from Europe have bought EUR 174 million worth of Nakheel properties.

It is worth noting that the real estate developer has more than 27,500 international investors who have spent EUR 28 billion on over 42,000 land plots or built units.