This company, whose name translates from Arabic to "palm," is directly associated with creating the artificial archipelago Palm Jumeirah. This project extended Dubai's coastline by 300 kilometers. However, Nakheel's success is not limited to this. They are also known as developers of premium real estate, shops, hotels, and cultural and social facilities.
Key Projects:- The World: 300 artificial islands, simulating continents.
- Palm: Legendary archipelago shaped like palm leaves.
- Various premium-level complexes: housing, business, trade, culture, entertainment.
Achievements:- A panoramic platform 240 meters high on Palm Jumeirah Island, offering stunning views and an interactive theater.
- Nakheel's Portfolio Includes:
- 15,000 hectares of elite real estate.
- 55,000 homes for comfortable living.
- Serving over 300,000 residents.
- 27 luxury residential complexes.
Prospects:- Nakheel's properties are in demand among renters and provide a stable income of 9% to 12% per year.
- The company provides high-quality property management, including passive income and finding reputable tenants.
- Creating the virtual voice assistant My Nakheel to enhance complex service.
Investor Figures:- Over 3500 people purchased developer's property for investment purposes from 2017 to 2023.
- 46% - average ROI from property resale during the construction phase.
- 10.1% - average annual income for investors from rentals.
- 8.2% - average annual price growth for properties from the developer from 2013-2023.