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Dubaisovereign masterFounded 2000

Nakheel

Master-planner of the Palms. Dubai Holding-owned. Palm Jebel Ali relaunch is the catalyst.

Nakheel is Dubai's master-planner — Palm Jumeirah, The World, Deira Islands, Palm Jebel Ali (relaunched 2023). Owned by Dubai Holding via the 2024 Meydan + Nakheel + Meraas merger. Sovereign-backed, slow but heavyweight.

The Raj take

PJA relaunch is the structural re-rating story. Discounts to Palm Jumeirah still hold at 40%+ on equivalent product.

— Raj Tomar · real-estate consultant

Flagship inventory

What they're known for

  • Palm Jumeirah
  • Palm Jebel Ali
  • Deira Islands
  • Discovery Gardens