Nakheel Targets Growth in Recurring Revenue

Property developer Nakheel wants recurring income to increase to more than 50% of all revenue by 2021 as it opens more shopping malls in Dubai, the chairman told Reuters.

Dubai’s Property Market is Bottoming Out -Nakheel

Dubai's property market, which has recently seen a decline in rents and sales prices, is witnessing a return of buyers, according to the chairman of Dubai-based developer Nakheel, Ali Rashid Lootah.

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