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Nakheel

Growth Score40DXBi Rank149Heat Score100

Nakheel PJSC

Creator of Palm Jumeirah and Dubai's waterfront master communities

Founded 2000Government-owned (subsidiary of Dubai Holding)Dubai, UAE, Dubai1000+ employeesnakheel.com
Prospect profilereal estate developermaster-planned communitiesDubai government-ownedwaterfront developmentPalm JumeirahDubai Holding Real Estate
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Overview

Nakheel is Dubai's master property developer, best known for creating the Palm Jumeirah, The World Islands, Deira Islands and, more recently, Palm Jebel Ali and Dubai Islands. Established around 2000 as a real estate arm connected to Dubai World, it is a government-owned developer long regarded as the second-largest in Dubai after Emaar Properties. In March 2024 Nakheel (together with Meydan) was formally incorporated into Dubai Holding under Sheikh Ahmed bin Saeed Al Maktoum, and today operates as part of Dubai Holding Real Estate alongside Meraas, with its own board dissolved.
40

Growth Score

Steady

100

Heat Score

Trending up

Details

Operating Status
Active
Company Type
Government-owned (subsidiary of Dubai Holding)
Headquarters
Dubai, UAE
Founded
2000
Company Size
1000+ employees

Products & Services

Palm Jumeirah

Award-winning man-made island residential, retail and hospitality community, Nakheel's flagship development

Palm Jebel Ali

Large-scale waterfront master development including Palm Central Private Residences and Palm Beach Towers, currently in active construction/handover phase

Dubai Islands

Five-island waterfront masterplan (incl. Island B/Shore Island and Bay Villas) designed for 231,000+ residents, aligned with Dubai 2040 Urban Master Plan

The World

Archipelago of man-made islands off Dubai's coast

District One

Residential master development

Nakheel Communities

Residential communities division (incl. Jumeirah Islands, Jumeirah Park, Discovery Gardens, International City, and 20+ other developments)

Nakheel Malls

Retail/mall operations division

Nakheel Hospitality & Leisure

Hotels, resorts and leisure clubs division

Nakheel App

Digital property management and community/service-request platform for residents and tenants

People

Technology

No technology or web presence data on file yet.

Financials

Funding rounds

Projects

Contract AwardAnnounced

Dubai Islands Island B infrastructure contract awarded to Al Nasr Contracting Company

Nakheel (part of Dubai Holding Real Estate) awarded a Dh527 million ($144 million) contract to Al Nasr Contracting Company LLC for infrastructure and utilities works on Island B (Shore Island) of the Dubai Islands masterplan, covering roads, potable water, electrical/telecom networks, drainage/sewage, and District Cooling Plant integration. Dubai Islands is designed to accommodate 231,000+ residents across ~49,000 properties. Khalid Al Malik (CEO, Dubai Holding Real Estate) and Jean Nicolas El Helou (CEO, Al Nasr Contracting) were quoted.

$144M

Apr 21, 2026

Contract AwardAnnounced

Nakheel awards $46mn infrastructure contract for Dubai Islands (Bay Villas)

Nakheel appointed Al Nasr Contracting Company LLC for internal roadworks and utilities infrastructure supporting the Bay Villas component of the Dubai Islands project; reported roughly 10 months prior to this research (circa October 2025). Full article body could not be independently re-verified beyond headline/snippet confirmation via search indexing.

$46M

Aug 15, 2026

PartnershipAnnounced

Dubai Holding Real Estate and Commercial Bank of Dubai launch home financing programme for Nakheel customers

Dubai Holding Real Estate and Commercial Bank of Dubai (CBD) launched a joint home financing programme for Nakheel, Meraas and Dubai Properties customers, covering off-plan and completed villas/apartments, with conventional and Islamic financing, fixed/variable rates, and digital pre-approval. Quoted: Khalid Al Malik (CEO, Dubai Holding Real Estate) and Dr. Bernd van Linder (CEO, Commercial Bank of Dubai).

Jun 10, 2026

PartnershipAnnounced

Meraas and Nakheel launch dedicated Golden Visa facilitation service

Meraas and Nakheel introduced an in-person Golden Visa facilitation service at their sales centres, integrating UAE residency (10-year Golden Visa for AED 2m+ property investors) guidance into the property purchase journey. Khalid Al Malik (CEO, Dubai Holding Real Estate) quoted.

Jun 29, 2026

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