Dubai – Mubasher: Dubai developer Nakheel's income-generating assets will hike to AED 75 billion by 2020 with annual net revenues of AED 7.5 billion, Nakheel chairman Ali Rashid Ahmed Lootah said.
The state-owned property developer has set a plan to implement new projects with construction cost of AED 30 billion, without the price of land plots, Lootah added.
Nakheel's new projects include 'Palm Jumeirah', 'Deira Island', 'Dubai Waterfront', 'Jumeirah Village', 'Jumeirah Park', 'Jumeirah Island', 'Al Furjan', 'the International city', as well as other projects.
In October, Nakheel said that it would offer a slew of investment opportunities durign its participation in Dubai Property Show in Mumbai for the third year in a row.
