The developer said that it will auction off residential plots ranging from 7,750 to 8,700 square feet on March 4.
The developer said it has allotted up to one million square feet for hotel and serviced apartment projects in the city.
The developer auctioned off eight plots, selling each for an average of Dhs4.3 million on Wednesday.
The plots, each measuring 8,820 square feet, will be auctioned off on February 26 in the Nakheel Sales office on Al Sufouh road.
Foreigners currently own 4.35 per cent of the company, according to bourse data.
Mulberry at Park Heights comprises of 330 apartments in close proximity to an 18-hole championship golf course.
The Dubai developer announced earlier this year that it would repay Dhs4 billion of its bank debt in 2014, ahead of maturity in September 2015.
Unlike Dubai, Abu Dhabi’s property market rebound appears to have been triggered by clever government intervention in the market.
One-bedroom units in the emirate recorded the highest rise in rates as rents rose by 11 per cent in the last quarter.
The new entity, called Emaar Jameel, will focus on developing integrated real estate projects in the Kingdom.
Along with domestic buyers, Dubai’s real estate market is recording a rise in institutional investors.
Prices for the 504 units on sale at the Palm Tower Residences start from Dhs1.5 million.
The developer, which launched several new projects last year, said its total value of sales in Dubai for 2013 was Dhs12 billion.
A construction contract for Nakheel Mall is expected to be awarded within three months.
Restaurants Oblix, Aqua Shard and Hutong moved into the tower last summer.
The Abu Dhabi property firm is open to bank loans as well as bonds, according to the firm’s CFO.
RAK Properties has said that the company is expecting a stronger performance in 2014.
Profit rose on the back of gains from the acquisition of Sorouh and handover of residential units.
The course is being designed by international golf course architect Gil Hanse.
The fast growth has raised concern about the potential of a property market bubble.
The third auction from eMart will feature five high-end commercial and residential properties.
Two of the units will focus on infrastructure projects, one on water and energy projects and one on the Egyptian market.
The contracts cover infrastructure design and supervision work in the two communities.
Rising property prices have pushed out potential home buyers, finds survey by propertyfinder.ae.
Without a government credit rating, Emaar’s rating is seen as an indicator of investor confidence in Dubai.
Apartment rents in popular areas such as Al Majaz and Al Nahda rose nearly 38 per cent in Q4 2013, a report says.
A villa in Palm Jumeirah and an apartment in Dubai Marina can be yours for $7 million, according to Knight Frank.
The Dubai developer increased its gross profit for the year from Dhs199 million in 2012 to Dhs307.5 million.
The $450 million Islamic bond is due to mature in February 2015.
Residential sales prices also shot up by 60 per cent last year, says a new report.