One of Dubai's largest property developers Nakheel as started paying back loans to creditors, The Dubai World developer Nakheel will pay back 4billion dirham from immediate effect which represnts 40% of the total owed with the remaining 60% to be paid in securities which should offer a 10% return, all creditors have been offered the full 100% payments but offer an extended period of time.

This means that stalled Real Estate projects can now re-commence which will Jumeirah Village, al Furjan villa project, al Badra and parts of Jumeirah Islands and Jumeirah Park, renewed interest in

jumeirah village Villas as many agents are now receiving enquires for the villas in this area whicha re spacious and very affordable.