Dubai-based master developer Nakheel is heading to MIPIM, the world’s premier property summit, for a third consecutive year to showcase a host of real estate opportunities, collectively worth more than US$2.5 billion.

Creator of the world-famous Palm Jumeirah and other globally renowned Dubai real estate projects, Nakheel is in Cannes, France, to encourage more international investors who already account for more than 28,000 Nakheel customers with investments reaching almost $30 billion to become part of Dubai’s growing real estate sector.

Nakheel comes to this year’s show with a new range of real estate investment opportunities at prime locations across Dubai. Among them are residential units some ready for occupation offering rental yields of up to nine per cent, and land plots for commercial, residential or hotel development.

Regarding this year’s show, Sanjay Manchanda, Chief Executive Officer of Nakheel, said, "The figures speak for themselves. Innovative thinking and bold ambition has turned Dubai into one of the most successful and fastest-growing cities in the world.

"Nakheel is proud to play a key role in the city’s achievements and continues to spearhead ground-breaking, landmark developments that set new standards in creativity, engineering and design. Our large and diverse range of existing and upcoming projects is pivotal to further enhancing Dubai’s position as a global hub for living, trade, tourism, leisure and investment.

"We are delighted to return to Cannes and honoured to represent Dubai for a third consecutive year. We look forward to building on the success of our previous visits, as we further highlight Dubai’s ever-growing, unrivalled investment opportunities for investment to MIPIM’s highly knowledgeable, influential audience."