18 off-plan projects by Nakheel at the top of the Dubai market, with prices checked against Land Department sales.
Palm Central Private Residences Phase 2, Palm Jebel Ali
18off-plan projects for sale
4areas of Dubai
AED 1.5Mthe lowest starting price
About Nakheel
Nakheel is a Dubai developer owned by the government of Dubai. It was part of the state company Dubai World until August 2011, when a debt restructuring left it owned directly by the government. In March 2024 the Ruler of Dubai ordered that Nakheel and Meydan become part of Dubai Holding, and their boards were abolished.
It started building Palm Jumeirah in June 2001, and the first residents moved onto the island in 2007. Its other master communities include Jumeirah Islands, Jumeirah Park, Jumeirah Village Circle, Jumeirah Village Triangle, Al Furjan, Discovery Gardens and International City. It also owns shopping malls and hotels.
It borrowed heavily during the property boom, and when prices fell in late 2008 it was at the centre of the 2009 Dubai World debt crisis. Its 2011 restructuring covered about Dh60 billion and included about Dh32 billion from the government. Buyers in stalled projects were offered credit notes that they could move into other Nakheel projects, or cash after five years. It made its final restructuring payment in 2016 and said it had no debt left.
During the crisis it stopped work on Palm Jebel Ali and Palm Deira. In 2014 some Palm Jebel Ali buyers who had paid deposits before the halt said they had no timeline, and they rejected offers to move to other Nakheel projects. In 2018 it said it would restart Palm Deira as a smaller project, later renamed Dubai Islands. In 2022 it said it would revive Palm Jebel Ali.
Where they build
Dubai Islands and Palm Jebel Ali have the most of their projects, and 2 other areas have the rest.
They sell at the top of the market. Half their projects start above AED 4M, where the middle project on our site starts at AED 1.3M.
They tend to price below the resale market: 6 of the 8 projects we checked start below the usual price per square foot of similar homes sold through Dubai Land Department, typically by about 16%.
Much of their work finishes at once: 9 of their 17 dated projects are due in 2027.
Their record
Dubai Land Department lists 7 finished projects by Nakheel, and 4 under construction.
These counts include the project companies registered behind Nakheel, as developers in Dubai often set up one per project.
6 of the 7 were finished by the completion date DLD holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late.
Prices and payment plans
What they cost
Apartments start from AED 1.5M, villas and townhouses from AED 4M.
Their most expensive project, The Coral Collection, starts from AED 40.4M, far above the AED 4M at which half their projects start.
How you pay
The plan you'll see most often from them is 20 / 60 / 20, in 8 of 17 projects: booking first, then construction, then handover.
We list 18 off-plan projects by Nakheel, spread over 4 areas. Dubai Islands, Palm Jebel Ali, and Palm Jumeirah have the most.
Are projects by Nakheel priced above the market?
Usually not. Of the 8 we compared with Dubai Land Department sales of similar homes, 6 start below the usual price per square foot and 2 above.
Which project by Nakheel is due next?
Palm Beach Towers, due in Dec 2026. The last of their projects on sale is due in Mar 2031.
Does Nakheel usually finish on time?
Dubai Land Department lists 7 finished projects by Nakheel, and 6 of them were finished by the completion date it holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late. Ask us about the project you have in mind.
How much does Nakheel ask for up front?
20% in their most common plan, 20 / 60 / 20. 4 of their 17 plans ask for 10% or less to book.
Ask about Nakheel
Which of their projects still have units, what the payment plans ask for, and how their past buildings have held up.
