International investors were the target for major Dubai-based developer Nakheel when it displayed €14bn worth of projects at the Expo Real 2018 in Munich, Germany, last week.
The group displayed a wide range of investment opportunities to visitors at the show, some completed and some off-plan. Among them were the Palm Jumeirah and the forthcoming Deira Islands.
The visit to Munich coincided with the announcement by the Dubai Government of fresh tourism targets: 21-23 million annual visitors to the emirate by 2022 and 25m by 2025. The city is already the fourth most visited city in the world and has the world’s busiest airport with 88.2 million international passengers in 2017.
Many of the Nakheel projects include entertainment and attractions. Its Deira Mall covering 4.5 million square feet of leasable space, will include a multiplex cinema, major FEC and other attractions comprising over 15,000 square feet of entertainment. It will be the largest shopping mall in the Middle East and shold be completed by 2021.
