Villas range from three to six bedroom units with prices starting at Dhs1.7 million.
The mixed use project, in Dubai, is scheduled to be completed by 2016.
The contract has been awarded to build the bridges linking the project to the mainland.
The developer is offering 1.3 million sq ft of new shop and showroom space in its mixed use development.
The deal for the leasing of three Bombardier Q400 NextGen planes is worth $94 million at list prices.
The company attributed the growth in profits to a strong performance by its development business.
The conglomerate said its net profit was Dhs282 million in the first quarter of 2015.
The unit made a net profit of Dhs433 million in the first quarter of 2015.
The size of the issue was capped at $500 million and books exceeded $650 million with more accounts to respond.
Rated Baa1/A+ by Moody’s and Fitch, ENBD has mandated HSBC, Morgan Stanley, Standard Chartered Bank and itself as bookrunners.
Rents in the emirate, on average, remained flat during the first quarter of the year, the report found.
The new Safi community will feature studios and one, two and three bedroom apartments.
The museum, located next to the Union House in Dubai, will showcase the events leading to the formation of the UAE.
The firm is looking for equity interests related to coal, solar, gas, and other alternative sources of energy.
Earlier on Monday, shareholders approved a proposal to buy back a “limited number” of the company’s shares, according to a bourse filing.
Major four-star hotel to phase in room upgrades that reflect latest design trends.
The approval was granted at the firm’s annual shareholder meeting, according to a bourse filing.
Gross volumes totalled 15 million 20-foot equivalent units (TEU) in the opening three months of 2015.
Dubai is ranked 16th spot on the index, with prime office rents remaining flat since H2 2014.
Indian nationals accounted for Dhs3.040 billion of the total.
The firm made a net profit of Dhs67.7 million ($18.4 million) in the three months to March 31.
The Dubai-based firm could raise between $750 million and $1 billion from the bond.
Hilton’s new neighbourhood brand targets districts with strong local flavour
Construction work on the project is set to begin in the first half of this year.
The newly branded hotel is scheduled for operation in 2018.
The water park is an addition to the under construction Legoland Dubai theme park, set to open in October 2016.
Initial price thoughts were set in the 140 basis points area over midswaps for the sukuk, which have an agency-based structure known as wakala.
The company made a net profit of Dhs86.6 million in the first quarter of 2015.
The company expects to set up offices by the end of this year.
The subsidiary of Dubai’s Emaar said profits reached $22.65 million in the first quarter of 2015.