34 New & Off-Plan Projects by Nakheel

Nakheel is a state-owned master developer founded in 2003 with one of the most ambitious mandates in Dubai real estate: to develop the city's man-made island portfolio. Its signature delivery is Palm Jumeirah — the world's most recognisable artificial island, opened in 2006 — which alone defined Dubai's global real estate image for over a decade. Beyond the Palm, Nakheel is the master developer behind The World Islands, Deira Islands (now Dubai Islands), Discovery Gardens, Jumeirah Village Circle (JVC), Jumeirah Village Triangle (JVT), International City, Al Furjan and Jumeirah Park. The company is currently delivering Dubai Islands (the new northern waterfront destination) and the long-anticipated Palm Jebel Ali (relaunched in 2023). Nakheel's role is primarily as the land developer and infrastructure provider — vertical residential construction within Nakheel master plans is often done by other developers. For buyers, Nakheel's projects are the iconic Dubai trophy assets (Palm Jumeirah, Dubai Islands, future Palm Jebel Ali) and the budget-end mass communities (Discovery Gardens, International City). The middle is mostly delivered by other developers operating within Nakheel land. Yields range 5–8% depending on the community.