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The plot thickens: drama in Dubai’s property sector

The plot thickens: drama in Dubai’s property sector

Kipp’s exclusive with Nakheel’s Ali Lootah has inspired a rich debate around the role of developer, tenants, home owner, regulatory authority. Which side do you stand?

January 31, 2012 4:09
 
EXCLUSIVE: Nakheel’s Lootah talks tough on service fee saga

EXCLUSIVE: Nakheel’s Lootah talks tough on service fee saga

“[Nakheel is] going to chase [its] money right and left. Nakheel cannot afford (not) to,” its chairman Ali Lootah tells Kipp’s Eva Fernandes exclusively.

January 29, 2012 6:37
 
Rich People Problems

Rich People Problems

Nakheel locks the back doors of 10 apartment buildings, forcing tenants to use the entrance from the ‘clubhouse’ back doors instead.

January 23, 2012 4:27
 

Nakheel in talks with banks for new Palm Island project

Troubled Dubai developer Nakheel is in talks with banks to raise financing for a new project on its man-made island Palm Jumeirah, worth at least 300 million dirhams ($81.68 million), its chairman said on Wednesday.

January 11, 2012 11:14
 
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