One of Dubai’s leading developers. In 2001, it was withdrawn from the Dubai World conglomerate and transferred under the control of the Dubai Government in the status of a state-owned company.

In Arabic Nakheel means «palm trees».

Flagship projects:

• Palm Jumeirah is a man-made island in the form of a palm tree, consisting of a trunk, 16 leaves and a crescent. Trunk is connected with a crescent by an underground 6-lane tunnel. The district is the emirate’s leader in the most expensive property transactions.
• Jebel Ali is a bulk island next to the port of Jebel Ali. The project features residential and hotel complexes, marinas, amusement parks and water parks.
• Deira Islands is a complex of 4 man-made islands near the Deira district in Dubai. The development project includes residential and resort complexes, the world’s largest night market, shopping malls and entertainment facilities.
• The World is a unique artificial archipelago, a «copy» of the Earth in 4km from Dubai’s coastline. With Nakheel projects it has increased from 70km in 2001 to over 370km.

The total area of ​​the projects is over 15,000 hectares. The housing stock accommodates over 30,000 residents.

In addition to residential complexes and communities, the developer’s portfolio includes 6 hotels and 19 shopping malls.