Portfolio
Palm Jumeirah: One of Nakheel’s most famous projects, Palm Jumeirah is an artificial archipelago designed in the shape of a palm tree. It features a mix of residential, commercial, and leisure developments, including luxury villas, apartments, hotels, and entertainment options. Orla Infinity and The Palm Crown are the latest and best residential developments on Palm Jumeirah.
The World: Another ambitious project, The World is an archipelago of artificial islands constructed to resemble a world map. Each island represents a different country or region, and the development includes residential and commercial properties.
Palm Jebel Ali: This is another palm-shaped artificial island project by Nakheel, part of the larger Palm Islands development. However, as of my last update, the Palm Jebel Ali project had faced delays and challenges, with plans for redevelopment.
Deira Islands: Originally part of the Palm Deira project, Deira Islands (now popular as Dubai Island) is a waterfront development featuring a mix of residential, commercial, and leisure components. It includes plans for hotels, resorts, and entertainment facilities.
The Palm Gateway: A project involving the construction of a three-tower residential, retail, and beach club complex. The contract for this project was awarded to Shapoorji Pallonji Mideast.
The Palm Gateway: A project involving the construction of a three-tower residential, retail, and beach club complex. The contract for this project was awarded to Shapoorji Pallonji Mideast.
Tilal Al Furjan: Tilal Al Furjan, one of the bestNakheel developments, introduces an array of 4 and 5 bedroom villas nestled in the heart of Al Furjan, Dubai. Set against lush green landscapes, this development seamlessly integrates timeless modern architecture with upscale amenities, offering a lifestyle of unparalleled sophistication.
Other Residential and Commercial Developments: Nakheel has been involved in numerous other residential and commercial developments in Dubai, contributing to the city’s skyline and real estate landscape.
Expertise
Nakheel is a renowned real estate developer based in Dubai, and its expertise lies in conceptualising, designing, and implementing large-scale and iconic real estate projects. Here are some key aspects of Nakheel’s expertise:
Master Planning and Design: Nakheel is known for its master planning skills in creating integrated communities and iconic structures. The company is adept at designing developments that combine aesthetic appeal with functionality.
Iconic Projects: Nakheel has a track record of delivering iconic and ambitious projects that have become landmarks in Dubai. Examples include the Palm Jumeirah, The World, and other Palm Islands. These projects involve intricate engineering, design, and construction challenges.
Infrastructure Development: Nakheel not only focuses on building structures but also invests in creating comprehensive infrastructure for its developments. This includes transportation links, utilities, landscaping, and recreational spaces.
Financial and Project Management: Managing large-scale projects requires strong financial and project management capabilities. Nakheel has demonstrated its ability to navigate the complexities of financing, overseeing construction, and completing projects within specified timelines.
Commitment to Sustainability: Nakheel has shown a commitment to sustainable development practices. This includes integrating green spaces, energy-efficient technologies, and environmentally friendly features in its projects.
Strategic Location Planning: Nakheel strategically selects locations for its developments, often choosing prime areas that enhance the overall appeal of its projects. Proximity to key amenities, transportation hubs, and iconic landmarks is a common consideration.
Nakheel Developments’ Market Trends
Palm Jumeirah: The most lucrative investment on Palm Jumeirah is found in 2 bed apartments, offering an impressive 6.1% return on investment (ROI). Investors may also find value in 1 bedroom apartments, boasting a competitive ROI of 5.4%. For those considering 3 bed apartments, a solid rental yield of up to 5% can be anticipated.
Villa investments on Palm Jumeirah present attractive opportunities, particularly in the 2 and 3 bedroom categories, which exhibit the highest ROI at 5.3% and 4%, respectively. Alternatively, investors exploring 4 or 5 bedroom villas can expect respectable yields of 3.7% and 3.1%, respectively.
The average pricing for 1 bed apartments available for sale on Palm Jumeirah is AED 3.3 M, whereas 2 bed apartments are priced from AED 5.8 million. The average price for 3 bed apartments starts at AED 10 million. For those interested in villas, fully furnished and move-in-ready options are available. The average entry point for 3 bedroom villas on Palm Jumeirah is AED 10 million, and 4 bed villas are priced from AED 35 M.
Tilal Al Furjan: In Q2 2021, Nakheel PJSC’s Murooj Al Furjan phase saw 217 villas sold within 4 hours, showcasing buyer confidence and demand for spacious properties. Tilal Al Furjan appeals to those seeking a serene residence near Dubai’s key locations, reachable within 15 minutes. As part of Jebel Ali, a Dubai economic powerhouse, the area hosts the world’s largest port and Jebel Ali Free Zone, contributing 24% of Dubai’s total FDI flow.
With over 7,000 companies in Jebel Ali, Tilal Al Furjan villas are a prime choice for those working nearby, promising high demand and commercial real estate investment potential. 4 bedroom villas in Al Furjan yield the highest ROI (5.9%), starting at AED 180,000 annually as of Q1 2022, ensuring stable long-term returns.
Nakheel Properties Market Cap
Nakheel did really well in 2020, making AED 5.67 billion ($1.54 billion) in money despite the pandemic. This happened because they launched successful projects that lots of people wanted to invest in.
Nakheel makes money in different ways. They sell properties and land, rent out spaces to businesses and people, run hotels (like Riu Resort and St Regis), and have shops in popular places like Ibn Battuta Mall. Nakheel’s different ways of making money help them stay a top property developer in Dubai.
