Nakheel
About Nakheel
Nakheel, founded in 2003, is a leading property developer in Dubai and is known for its iconic projects that characterise the cityscape. The most notable developments include the artificial islands Palm Jumeirah, Palm Jebel Ali and the Dubai Islands (formerly Palm Deira), which have considerably extended Dubai's coastline.
Nakheel caters to a diverse target group, from luxury property buyers to investors in the retail and leisure sector. The company specialises in the development of residential, retail, hospitality and leisure properties, contributing significantly to the realisation of Dubai's vision.
With projects such as the Palm Jumeirahwhich adds over 300 kilometres to Dubai's coastline, the Dragon Mart Complex and the International City Nakheel demonstrates its ability to create innovative and diverse living spaces that appeal to both the local market and international investors.
Name:
Nakheel Properties
Projects:
200+
Target group:
Upper class
Prices:
from €400,000
Payment plan
70/30
Post-handover panel
–
Completed projects
Property prices near Nakheel
Nakheel offers a diverse selection of properties in Dubai with prices varying according to location, size and property type. For example, prices for 4-bedroom villas in the Tilal Al Furjan project start at around 707.000€.
At the Como Residences on the Palm Jumeirah, prices for 2-bedroom flats start at around 5.120.000€.
Annual rental prices vary considerably for rental properties: One-bedroom flats in Al Nakheel, Ras Al Khaimahcan choose between 4.024 and 8.293€ per year.
These examples illustrate the variety of properties offered by Nakheel and their price ranges.
Advantages and disadvantages
When buying Nakheel property
Advantages
Innovative projects
Nakheel is known for pioneering developments such as the Palm Jumeirah, which extends Dubai's coastline and offers unique residential opportunities.
Diverse portfolio
The company offers a wide range of properties, from luxury villas to affordable flats, catering for a variety of buyer needs.
Attractive payment plans
Many of Nakheel's projects offer flexible payment plans that allow buyers to customise financing to their individual financial capabilities.
Strategic locations
Nakheel projects are often located in sought-after areas with good infrastructure, which increases the property value and quality of life.
Disadvantages
Construction delays
As is usual with large construction projects, projects can experience delays, which affects the move-in date.
High demand
Popular Nakheel developments often sell out quickly, which increases competition among buyers.
Maintenance costs
Some projects, especially luxury developments, may have higher maintenance fees that increase operating costs in the long run.
Invest in Dubai now
- 8-10% Yield through high rents
- Currently still low property prices
- High potential for value appreciation
More information about Nakheel
Payment plans
Nakheel works mainly with a Payment plan of 70/30but always offers flexible payment plans for its property projects to meet the different financial needs of buyers.
An example is the payment plan for Naya District One, which provides for a down payment of 20 % upon purchase, 60 % in simple instalments during the construction phase and the remaining 20 % upon handover.
Future plans
Nakheel, a leading property developer in Dubai, is planning the development of Dubai Islands, a project consisting of five islands with over 20 kilometres of beaches, more than 80 resorts and hotels as well as generous green spaces.
In addition, the Palm Jebel Ali project is being driven forward. Innovative living concepts and luxurious amenities should offer.
These projects are in line with Dubai's Urban Master Plan 2040 and emphasise Nakheel's commitment to creating world-class waterfront destinations.
Sustainability
Nakheel consistently integrates sustainability into its projects. The company promotes environmentally friendly construction methods, energy-efficient buildings and the utilisation renewable energies. One example is the partnership with the Dubai Reef Project, one of the world's largest marine reef projects, which supports the protection of marine biodiversity.
Nakheel also emphasises the creation of green spaces and the promotion of sustainable lifestyles in its communities.
These initiatives are in line with Dubai's sustainable development goals and emphasise Nakheel's commitment to environmental responsibility.
Reputation
Nakheel has significantly shaped the city's skyline with iconic projects such as the Palm Jumeirah and The World Islands. Despite financial challenges during the 2009-2010 property crisis, the company has maintained its position as a major developer. Currently, Nakheel is recognised as one of the Top property developer recognised in the Middle East.
It was also recently recognised by Great Place to Work® as one of the best workplaces honoured in the UAE.
These accolades underline Nakheel's commitment to quality and innovation in the property sector.
International
Nakheel concentrates its activities mainly in Dubai and has No significant international presence built up. His best-known projects, including the Palm JumeirahThe World Islands and Dubai Islands, are all located within the United Arab Emirates.
Unlike developers such as Emaar, Nakheel has not realised any extensive property projects in other countries.
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