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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
Where they build
Active areas
Dubai · island
Palm Jebel Ali
Nakheel's re-launched second Palm. 80-frond geometry, 110km coastline, 35,000 planned units.
Dubai · island
Palm Jumeirah
Original Palm. Mansion + branded-residence comp pool for the whole UAE.
Dubai · community
Al Furjan
Nakheel townhouse + apartment community. Affordable, metro-connected, family-priced.
Flagship inventory
What they're known for
- Palm Jumeirah
- Palm Jebel Ali
- Deira Islands
- Discovery Gardens