Nakheel Properties

Nakheel (Arabic: نخيل‎ palms or palm trees) is a real estate developer in Dubai and creator of several land reclamation projects, including the Palm Islands, the Dubai Waterfront, The World and The Universe Islands. Its residential projects include The Gardens, International City, Jumeirah Islands and Jumeirah Lake Towers. Its shopping projects include The Dragon Mart (at International City) and Ibn Battuta Mall. Its main competitor in residential development in Dubai is Emaar Properties.

Nakheel's flagship properties are the three man-made palm tree shaped islands on the coast of Dubai. Nakheel operates under the umbrella of Dubai World, which manages various businesses on behalf of the Dubai government. The executive chairman of Al Nakheel is Sheikh Ahmed bin Saeed Al Maktoum.

Portfolio

The company owned the retired ocean liner, Queen Elizabeth 2, which it acquired for $100 million and planned to convert into a luxury hotel, that was to have been moored at the Palm Jumeirah. However, in January 2013 it was announced a consortium known as QE2 Shipping had been formed to own and operate the ship as a five star 400-room hotel at an unknown location in Asia.

Nakheel (Dubai Metro)

Nakheel (نخيل, Arabic pronunciation: [naˈxiːl]) is a rapid transit station on the Red Line of the Dubai Metro in Dubai. It opened on 15 October 2010 along with four other intermediate stations on the Red Line.

Location

Nakheel station is located slightly under 20 kilometres (12 mi) to the southwest of Downtown Dubai, between Interchanges 4 and 5 of Sheikh Zayed Road. It is the closest stop on the Dubai Metro to the American University of Dubai and Dubai Media City to the west and the Emirates Golf Club to the east.

Station layout

Nakheel station rests on a viaduct paralleling the eastern side of Sheikh Zayed Road. It is categorised as a type 3 elevated station, as it has three tracks, the third being used to hold trains when necessary. The station has an elevated concourse, with pedestrian access aided by aerial walkways to either side of the road. Sidings to the east and west of the station can be accessed from the middle track.

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