Palm Jebel Ali — Nakheel’s second, larger palm-shaped island — has reached a turning point. In June 2026 Nakheel launched 222 new homes priced from AED 2.7 million, and phased handovers of the first villas are set to begin later this year.
From speculation to delivery
When Palm Jebel Ali relaunched, buyers were betting on a masterplan. Now the island is becoming tangible: finishing works are underway on select villas, and Nakheel’s construction programme spans billions in awarded contracts — including AED 5 billion for Beach and Coral villas and AED 3.5 billion-plus for the Fronds A–F, with roughly AED 750 million of infrastructure targeted for completion by the end of 2026.
Why it matters
Handover is the moment an off-plan bet de-risks. As the first residents move in and the island proves out, early buyers typically see resale premiums emerge. For new buyers, the 222-home release offers a fresh entry point into one of Dubai’s most ambitious waterfront addresses — with the added long-term tailwind of the neighbouring Al Maktoum International Airport expansion.
Source: The National and Nakheel, April–June 2026. Presented by OffPlans.com.
