−30% The Palm Beach Towers Palm Jumeirah · 1 BR · Apartment 2,749,000 AED 3,920,000
Ask about lot NP4-202424
Nakheel
The state-owned developer that made the coastline: Palm Jumeirah, the Dubai Islands, and the large residential districts — JVC, Discovery Gardens, Jumeirah Park.
226 lots in stock across 97 projects. Of the 141 with a known status: 57 ready, 84 under construction. By median price — 21st of 152.
- Waterfront ownership
- Freehold land on the Palm
- Established rental districts
Median price $2.50M AED 9,175,000
Entry price $332K AED 1,220,000 — the cheapest lot
Per square foot $851 AED 3,125 / sq.ft, median
Completed stock 40% 103 lots discounted, deepest −30%
Where they build
The districts where this developer has the most lots in our stock.
Palm Jumeirah 98 Dubai Islands 39 Al Furjan 22 Jumeirah Park 16 MBR City 15
What kind of developer this is
The land business
Nakheel is best understood as a land developer that also builds. It reclaimed Palm Jumeirah, laid out the plots and the services, and sold much of the development to others; the same pattern runs through the Dubai Islands. When you buy on the Palm you are buying an address that cannot be replicated, and the building on it is a secondary question.
Being state-owned matters for the reason it matters at Emaar, only more so. The company came through the 2009 restructuring with government support and continues to be the vehicle for coastline projects. Its master infrastructure gets finished.
The volume districts
JVC, Discovery Gardens, Al Furjan and Jumeirah Village Triangle are Nakheel masterplans where the plots were sold on to dozens of small developers. That is why quality inside one district varies more than between districts: a 2023 tower and a 2008 walk-up sit on the same street with the same postcode.
These are the most liquid rental districts in the city by transaction count, and for a yield buyer that is the point. Just do the building-level work — service charge history, association minutes, chiller arrangement — because at this end of the market that is where the money is won or lost.
What is coming
The Dubai Islands off Deira are the current large programme, and Palm Jebel Ali has restarted after a long pause. Both are long-horizon: infrastructure first, districts later, exactly as Palm Jumeirah went.
If you buy into that early you are underwriting a decade, not a cycle. It has paid extremely well on Palm Jumeirah and it has been slow elsewhere. Size the position accordingly.
Projects by Nakheel
All projects →
Al Furjan WestAl Furjan
Azure ResidencesPalm Jumeirah
Bay Grove ResidencesDubai Islands
Bay Grove Residences BDubai Islands
Bay Grove Residences CDubai Islands
Bay VillasDubai Islands
Como ResidencesPalm Jumeirah
District One WestMohammed Bin Rashid City
Marina ResidencesPalm Jumeirah
Murooj Al FurjanAl Furjan
Palm Beach TowersPalm Jumeirah
Palm Beach Towers Residences 1Palm Jumeirah
Nakheel listings in stock
All stock → −30% 
−29% Bay Residences Dubai Islands Rixos Dubai Islands Hotel & Residences · 3 BR · Apartment 8,000,000 AED 11,300,000
Ask about lot NP4-156148
Illustrative photo −21% Jebel Ali Village Villas Jebel Ali Village · 4 BR · Villa 8,250,000 AED 10,500,000
Ask about lot NP4-397089
Illustrative photo −18% Marina Residences 3 Palm Jumeirah · 2 BR · Apartment 3,950,000 AED 4,833,000
Ask about lot NP4-105678
−18% 
−18% −18% District One West District One West · 5 BR · Villa 22,500,000 AED 27,600,000
Ask about lot NP4-237670
−17% Baygrove Residences Dubai Islands · 1 BR · Apartment 1,699,000 AED 2,055,000
Ask about lot NP1-338036
Illustrative photo −17% Bay Residences Dubai Islands Rixos Dubai Islands Hotel & Residences · 1 BR · Apartment 2,700,000 AED 3,250,000
Ask about lot NP4-106444
Illustrative photo −17% Jumeirah Heights C Jumeirah Heights · 3 BR · Apartment 4,450,000 AED 5,390,000
Ask about lot NP4-105118
−17% Rixos Dubai Islands Dubai Islands · 2 BR · Apartment 8,150,000 AED 9,854,832
Ask about lot NP3-109334
−17% What these numbers mean, and what they do not
Lots are matched to Nakheel by project name, since the base has no developer field. The numbers above therefore describe our stock rather than the company’s market share: a developer with a large completed portfolio can show fewer lots than one whose buildings are resold more often.
All prices are asking prices, not sales. For the building you pick I pull the registered Land Department transactions and show the prices deals really closed at.
In the news
Nakheel and Meydan inside Dubai Holding: what the 2024 merger changed for property buyers
In March 2024 Nakheel and Meydan were folded into Dubai Holding and their boards dissolved. By 2026 Palm Jebel Ali has 544 villas on Fronds A–F and 728 on K–P in finishing works, and 892 homes at Jebel Ali Village are being handed over. What changed for buyers, and what did not.
Dubai Islands to Bur Dubai bridge: 1.4 km, eight lanes and a late-2026 opening
A 1,425 m bridge across Dubai Creek will link Dubai Islands directly to Bur Dubai: four lanes each way, 16,000 vehicles an hour, 18.5 m above the water. The AED 786m contract targets completion by the end of 2026. What the bridge changes for the islands and the old city.
3D-printed buildings in Dubai: Nakheel's first licence at Al Furjan Hills, and the 2030 target for 25% of new buildings
In December 2023, regulator Trakhees issued Nakheel Dubai's first 3D-printing construction licence, for Al Furjan Hills. Printing itself took 20 days — but the structure was a gatehouse, not a home. Dubai's target is 25% of new buildings by 2030. What is actually on the market in 2026.
Dubai Islands: JW Marriott Residences by CG Developers, and Nakheel's AED 527m infrastructure contract
CG Developers is building Dubai's first JW Marriott residence, priced from AED 1.72 million with a Q1 2028 handover. In parallel, Nakheel has awarded a AED 527 million contract for Island B's core infrastructure — roads, water and sewage for a future 49,000 homes.
Palm Jebel Ali villas: the Beach and Coral Collections on Frond F — 44 homes by four architects
Nakheel has released 44 beachfront villas on Palm Jebel Ali’s Frond F: Beach Collection (5–6 beds, 7,500–8,500 sq ft) and Coral Collection (6–7 beds, up to 12,500 sq ft), ten designs by NAGA, SAOTA, LW Design and LOCI. 544 villas are under construction; the first mall, The Yard, opens in 2027.
Palm Jebel Ali villas: 544 homes under contract, The Yard retail hub and Select Group's arrival
Nakheel awarded AED 3.5bn of contracts for 544 Palm Jebel Ali villas due in Q4 2028; Dubai Retail is building The Yard, the island's first retail hub with 26 concepts, for 2027; and Select Group became the first private developer on the island. How a stalled project is turning into a district.
Nakheel: the master developer of the islands, and what that title means
The state developer behind Palm Jumeirah and the Dubai Islands. The difference between a master developer and a building developer, and why it matters for what you own.
Como Residences: 71 floors, 76 apartments, and a handover date that moved
Nakheel’s tallest building on Palm Jumeirah — one or two apartments per floor, an elevated private beach, an AED 1.8bn contract. Delivery has slipped from Q3 2027. What that costs a buyer, and how to read a schedule change.
Other developers
All developers → Questions
Nakheel: questions and answers
How much does a Nakheel apartment cost?
The median across this developer's lots in our stock is $2.50M (AED 9,175,000), with entry from $332K. The median per square foot is $851. They are drawn from asking prices in our own base and refreshed every night — a picture of current supply rather than of the official price list.
Are there discounts on Nakheel property?
Right now the base holds 103 lots from this developer priced below the market, with the deepest cut at 30%. The discount comes from the seller on a resale or an assignment, not from the developer: they have their own reason to exit quickly. The size of the cut is computed against comparable property by an algorithm, not typed in by a broker.
What projects is Nakheel building?
Our catalogue holds 12 projects by this developer, each with a building passport: storeys, unit count, handover date, the mix of bedrooms. The list is on this page, and the districts where the developer has the most lots in stock are in the “Where they build” block. Under each project sit the lots on sale, where there are any.
Should I buy from Nakheel direct or through a broker?
The price is the same: on off-plan the developer pays the broker’s commission, not the buyer, so going straight to the sales office saves nothing. The difference is elsewhere — a developer’s sales office shows its own projects only, and will not tell you that the same thing next door is cheaper or that this project is running later than advertised. On resale and assignment the commission is the standard 2% plus VAT.
Is Nakheel worth buying
The answer depends on the purpose. Send your budget and goal — I will go through which Nakheel projects are worth considering now and which I would skip.
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