Nakheel Properties

Overview

Nakheel Properties, established in 2003 as a subsidiary of Dubai World and later merged into Dubai Holding in March 2024, is one of Dubai’s most prominent master developers. Renowned for transformative mega-projects, Nakheel has reshaped Dubai with iconic developments such as the Palm Jumeirah, Palm Jebel Ali, Deira Islands (formerly Palm Deira), and the expansive International City, as well as notable retail and hospitality ventures like Ibn Battuta Mall, Dragon Mart, Nakheel Mall, and The Pointe. With a portfolio spanning residential, commercial, and leisure sectors, Nakheel is a cornerstone of Dubai’s urban and economic identity.

Projects and Properties

Bay Grove Residences (Phase 4)

Nakheel Properties

Located in the Island’s Marina District, Bay Grove Residences offer a refined residential experience set within a vibrant, well-connected community. This final phase introduces four stunning new buildings designed to elevate modern living, including unique four-bedroom residences that stand out for their architectural presence and
spacious design.

Como Residences

Nakheel Properties

Como Residences blends the very best of the world’s most luxurious destinations into one monumental, architectural landmark. Como Residences is an indelible addition to one of the world’s largest man-made islands. Palm Jumeirah is pushing the boundaries to offer the utmost in beachfront allure.

Founder

Sheikh Mohammed bin Rashid Al Maktoum

Nakheel was created in 2003 under the directive of His Highness Sheikh Mohammed bin Rashid Al Maktoum, then Prime Minister, Vice President of the UAE and Ruler of Dubai, as part of his strategic vision for economic diversification and urban expansion. Designed to spearhead large-scale, community-focused development, Nakheel has since executed iconic projects that play a pivotal role in actualizing Sheikh Mohammed's ambition to transform Dubai into a world-class destination. The company's alignment with Dubai’s leadership ensures its projects reflect the emirate's values of innovation, sustainability, and global excellence.

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