Nakheel Real Estate

Nakheel is a Dubai-based developer with a global reputation that has been leading the general development of the city for almost 20 years, covering an area of 150 sq. km. The company has built a number of artificial islands in the emirate, including the legendary Palm Jumeirah, as well as dozens of elite residential communities, shopping and entertainment centres, and hotels.

$ 379 000
Starting price
on 5%
First installment
Easy
payment plan

About the Developer

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Nakheel (which means "palm tree" in Arabic) is a developer based in Dubai and is one of the world's leading developers. The company was founded in 2003 and has made a significant contribution to the creation of the modern appearance of the emirate.

Since the end of 2020, Naaman Atallah has been the CEO of Nakheel, who has 25 years of experience in the real estate sector in the Middle East and India (he has held key management positions at Dubai Properties, Emaar, Qatari Diar and Piramal Realty). Previously, Ali Rashid Lootah held this position for 10 years. With 30 years of experience in the federal government, he was invited by His Highness Sheikh Ahmed bin Saeed Al Maktoum in February 2020 to be a member of the Board of Directors of the UAE State Investment Company Dubai World.

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15,000 ha

development area

55 000

residential units

300 000+

residents

27

communities

About the Developer

The Nakheel developer is known primarily for the construction of artificial islands that have increased Dubai's coastline by more than 300 km. The most famous of these is the so-called "palm archipelago," which is the iconic Palm Jumeirah island.

Nakheel's portfolio includes premium residential communities, most of which are family-oriented, as well as commercial and entertainment complexes, hotels and resorts, public clubs, restaurants, and a long list of attractions. These projects have made a significant contribution to shaping Dubai's modern image and status as one of the best cities on the planet for families to live in. Nakheel is one of the key players in implementing the emirate's development concept as a world-class destination for living, business, and tourism.

In addition to the previously mentioned Palm Jumeirah, Nakheel has become the master developer of the artificial archipelago of 300 islands called The World, resembling the continents of the earth, as well as the Jumeirah Islands and Deira Islands complexes, and Al Furjan, International City, Jebel Ali Village, Jumeirah Village communities, Jumeirah Park, The Gardens, Discovery Gardens, Nad Al Sheba Villas, and the Warsan Village neighbourhoods.

  • more than 55,000 residential properties have been built since 2003
  • profitable real estate investment from Nakheel with ROI of ~6%
  • a key developer of artificial bulk islands such as Palm Jumeirah and The World
  • premium residential communities
  • building area of more than 150 sq. km.
  • construction of family-oriented, shopping and entertainment complexes
  • various offers for both buying and renting real estate
  • learn more

The developer's portfolio includes large shopping and entertainment complexes, the most famous of which are Nakheel Mall on the "trunk" of Palm Jumeirah, Dragon Mart in International City, Ibn Battuta Mall in Jebel Ali Village, Circle Mall in Jumeirah Village Circle that opened in 2021, 6 pavilions of the Nakheel Pavilions network, and many others. Among the hotels built by the company are Avani Ibn Battuta, Centara Mirage Resort Dubai, Hotel Riu Dubai, Premier Inn Ibn Battuta Mall, Premier Inn Dragon Mart, and Ibis Styles Dragon Mart.

Important principles of Nakheel's work are its innovative solutions, modern technologies, and its advanced global experience. In January 2022, the company opened the first rooftop pool in the region - HUNA Aquatics at Circle Mall, located in the Jumeirah Village Circle area. According to Nakheel's Asset Management Director, Omar Khouri, the company aims to create new facilities, landmarks, and comprehensive services throughout Dubai.

Aside from construction, Nakheel also engages in a wide range of activities related to managing its properties, including shopping centres, resorts and residential properties. Special units within the company were created for this purpose, and include Nakheel Hospitality & Leisure, Nakheel Malls, and Nakheel Community Management.

Real estate in Dubai from Nakheel

Nakheel builds residential communities with world-class amenities, offering real estate both to purchase and to rent.

Nad Al Sheba Villas community is very popular among byers. Real estate in this community can only be purchased by citizens of the UAE and Persian Gulf countries, but rental properties are available to representatives from all countries. This is a closed community that offers villas with 4 and 5 bedrooms in Mediterranean and Moroccan style designs. Among the common amenities for residents are a 5-kilometer bicycle track and running track, as well as the currently under-construction Nad Al Sheba Mall, which will house 200 retail outlets, restaurants, a multi-screen cinema, a medical clinic, and a fitness centre.

A wide selection of studios and 1-3 bedroom apartments are available in the new complex of The Palm Tower Residences.

This 52-storey tower is located on Palm Jumeirah Island, with the first 18 floors occupied by the 5-star St. Regis Dubai The Palm Hotel. There are 290 hotel rooms and the 19th-47th floors housing 432 luxurious private residences. All residences come fully furnished, and prices for 1-bedroom apartments start from AED 1,550,000 (USD 422,000). Residents have access to a wide range of facilities, including children's playgrounds, tennis courts, barbecue areas, a spa centre, a medical clinic, a beauty salon, as well as dry cleaning and laundry services. The 50th floor of the tower features one of the largest infinity swimming pools in the world, called AURA Skypool, and on the 52nd floor, there is a restaurant from the world-famous brand SUSHISAMBA.

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Naya

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Apartments, penthouses, and villas

66 - 419 sq. m.

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Rixos Dubai Islands

Rixos Dubai Islands

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from $ 708 000
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Apartments, duplexes, villas

93 - 1,069 m²

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Jebel Ali Village

Jebel Ali Village

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from $ 735 000
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Townhouses

from 268 sq. m.

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Como Residences by Nakheel Properties

Como Residences by Nakheel Properties

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from $ 7 300 000
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Apartments, duplexes, penthouses

415 - 2 039 m2

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The Coral Collection

The Coral Collection

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from $ 7 900 000
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Villas

1,080 - 1,130 sq. m.

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The Beach Collection

The Beach Collection

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from $ 4 900 000
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Villas

680 - 784 sq. m.

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What kind of real estate is being built in Dubai?

In early 2022, the developer launched a new project called Tilal Al Furjan, which is a gated community that will include 220 premium villas with 4 and 5 bedrooms. One of the project's features is its focus on environmental sustainability, including solar water heaters and charging stations for electric cars. The project includes amenities for residents such as swimming pools, bike paths, children's playgrounds, and sports courts. Prices for villas in Tilal Al Furjan start at AED 2,900,000 (USD 789,600), and the villas are scheduled to be completed by the end of 2024.

The Tilal Al Furjan complex was launched in response to increased demand for real estate in another Nakheel project that started in 2021 called Murooj Al Furjan. Construction of this community is also planned to be completed in 2024, and is located just a 15-minute walk from Al Furjan Metro Station 1. Murooj Al Furjan consists of 620 elite residences, including townhouses with 3 and 4 bedrooms, and villas with 3-5 bedrooms, with prices starting from AED 1,700,000 (USD 462,900).

What the company is famous for

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First and foremost, Nakheel is known as the master developer of the Palm Jumeirah island, which has become one of the most iconic symbols of Dubai and the UAE as a whole. In addition, the company has created several other landmarks in the emirate.

One of them is the observation deck called The View, which started operating in the spring of 2021 on Palm Jumeirah. From here, visitors can enjoy panoramic views of the island, the Persian Gulf, and the Dubai skyline. The View is located at a height of 240 meters on the 52nd floor of the new Palm Tower skyscraper, which is the tallest building on the palm island. The platform can accommodate up to 300 visitors at the same time. At the entrance to the attraction, you can see The View Exhibition and an immersive theater performance that introduces guests to the history of the island's creation. In February 2022, the new VIP level of The View at The Palm was opened, which is located at a height of 250 meters.

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Reasons to buy property from Nakheel

At the end of 2020, Nakheel established a new company called Nakheel Community Management (NCM) to improve all aspects of life in its communities and provide residents with a broad range of services. NCM's functions include:

  • Financial management (including optimizing the use of funds, managing budgets, and service payments)
  • Technical management and infrastructure development
  • Prompt resolution of problems that arise for residents
  • Regular monitoring and inspections to improve the quality of maintenance services and community management.

NCM also works in response to its residents' feedback. Based on its received reviews, complaints, and suggestions, the company takes measures to improve living conditions in the community.

Additionally, for the convenience of residents, the company has developed a special application called My Nakheel, which is a virtual assistant with voice support. The app provides access to more than 90 services with a single tap. For example, it allows the management of the real estate portfolio, ordering home services, and much more. My Nakheel App can be downloaded for free from the Apple Store and Google Play.

  • financial management
  • infrastructure development
  • regular monitoring to improve the quality of maintenance services and community management
  • my Nakheel community virtual assistant
  • learn more

Nakheel's real estate can not only be a comfortable place to live with world-class amenities, but also a profitable investment. Since the company's projects are located in the most popular areas of the emirate with a well-developed infrastructure, such as Palm Jumeirah and Al Furjan, real estate is in high demand among tenants. Thus, the average ROI of apartments on Palm Jumeirah exceeds 6%, which is a fairly high figure. The payback of apartments and villas in Al Furjan is about 6.8% and 5%, respectively.

Metropolitan Premium Properties managers will help you find suitable real estate for both purchasing and renting from Nakheel and other leading developers in Dubai. If you want to invest in real estate for profit, one of the most lucrative options may be to buy off-plan properties, which will increase in value after the construction is completed. Nakheel offers convenient payment plans for investors for projects under construction. You can obtain more detailed information about payment schemes and other proprty aspects from our specialists.

If you plan to invest in real estate in the UAE to generate rental income, we are ready to offer you our services for expert property management. Our Metropolitan Premium Properties specialists will develop an individual strategy for you to earn a passive income, take care of finding reliable tenants and deal with the further interaction with them, as well as monitor the timely rental payments on your behalf.

Consultation with an expert

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Marina Mikhalenko

Senior Property Consultant – Metropolitan Premium Properties

location
36-38 Floor, Al Salam Tecom Tower, Dubai, UAE
Metropolitan Expert
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Consult with an expert

Our experts will help you choose the best option. You will receive the full information about the unit you are interested in and the available layouts

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Marina Mikhalenko

Chief Real Estate Investment Expert at Metropolitan Premium Properties

location
36-38 Floor, Al Salam Tecom Tower, Dubai, UAE
person
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Consult with an expert

Our experts will help you choose the best option. You will receive the full information about the unit you are interested in and the available layouts

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