Overview
Developer Name: Nakheel Properties
Ownership: Government-owned (Dubai state-backed)
Track Record: Creator of Palm Jumeirah (world's largest artificial island)
Established: 2000
Major Projects: Palm Jumeirah, Ibn Battuta Mall, Dragon City, Jumeirah Village Circle
Credibility Factor: Personally approved by Sheikh Mohammed bin Rashid Al Maktoum
Features
2.4x larger than Palm Jumeirah at 13.4 sq km
First handovers late 2026-early 2027 with only 723 villas in Phase 1
Located 15 minutes from Dubai Marina, 24 minutes from Al Maktoum Airport with 3 access points via Sheikh Zayed Road
80+ hotels, 6 marinas, waterparks, and world-class amenities across 16-17 frond islands with direct beach access
8-10% projected rental yields and 10-15% annual appreciation with 100% freehold foreign ownership and 0% tax
Starting Price - Get in touch for more about this property
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Raneem Assad
CoFounder of Luxloft
