Q:
A: Developer of both projects is state-owned Al Nakheel Properties, which is also known as Nakheel Corporation. Nakheel operates under the umbrella of The Corporate Office, which manages various businesses on behalf of the Dubai government. The executive chairman of Al Nakheel is Mr. Sultan Ahmed bin Sulayem. Al Nakheel Properties' portfolio of real estate include the Palm Islands (Palm Jumeirah, Palm Jebel Ali, Palm Deira), The World Islands, Dubai Waterfront, The Gardens, Jumeirah Lake Towers, Discovery Gardens, Lost City, Jumeirah Islands, Jumeirah Village, The International City, Jewel of the Palm, The Palm Golden Mile, Palm Trump International Hotel and Tower, and Ibn Battuta Mall. Take care.