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Palm Jebel Ali: the master plan, its anchor and what buyers paid

Nakheel (Dubai Holding) built most of the homes itself. The anchor is beach villas and about 80 hotels. In the corresponding Land Department community, flats sold 104% above the Dubai median price per sq ft in the 12 months to 28 October 2026.

Checked 29 October 2026. Sales figures to 28 October 2026. Sources are listed under each section. This page gives information. It is not legal, tax or financial advice.

Flats in the corresponding DLD community sold well above the Dubai median, while the anchor is not fully open. Check its delivery date and compare the completed buildings.
BUY DUBAI analysis
Nakheel (Dubai Holding)master developer
Master developer buildshow it was built
2003; relaunched 2023launched
Not yet openanchor
714homes sold, 12 months
AED 7.78mmedian price, all homes
AED 3,512per sq ft, flats (median)
104% abovethe Dubai median, per sq ft
100%of sales off-plan

How to read these figures. Sales are for the corresponding Dubai Land Department community, which is used here as a proxy for the named master plan. The boundaries may not match exactly. Flat prices mix buildings, ages and off-plan with completed homes. A price difference is not evidence that the master plan or its anchor caused it.

Prices and sales: BUY DUBAI facts cube from Dubai Land Department registrations (registration basis, every sale procedure), 12 months to 28 October 2026. Flat price per sq ft is a median; the Dubai median uses the same filters. Cube c2c1f2e1bffc.

The Palm Jebel Ali master plan

Palm Jebel Ali was first sold in 2003 with 1,300 villas due in mid-2008. After the crash about 700 buyers, most of whom had paid 30%, were offered swaps or credit notes, not refunds.

Nakheel relaunched it in 2023 as a 13.4 sq km island with about 2,000 villas and 80 hotels.

Nakheel and Meydan were folded into Dubai Holding in March 2024.

Anchor: Beach villas and about 80 hotels. Opened: First homes due October 2027 to October 2028.

Sources: The National, Nakheel offers investors options, Mar 2010; AGBI, Palm Jebel Ali assets ready from 2027, Jan 2026.

Prices compared

Only 1 year of flat sales so far in the corresponding Land Department community. Its flats sold at 103% above the Dubai median in 2025.

What to check before you buy

This is the plan with the clearest history of what happens when a master developer stops: ask how this phase is funded and what the escrow covers.

  • Who built the tower: the master developer, or another developer on a plot?
  • Is the anchor open, and if not, who delivers it and by when?
  • What did the same layout in the same building sell for in the last six months?

More on BUY DUBAI

Questions about Palm Jebel Ali

Who is the master developer of Palm Jebel Ali?

Nakheel (Dubai Holding). It built most of the homes itself.

What is the anchor of Palm Jebel Ali?

Beach villas and about 80 hotels. First homes due October 2027 to October 2028.

Do homes in Palm Jebel Ali sell above the Dubai average?

Flats in the corresponding Land Department community sold 104% above the Dubai median price per sq ft in the 12 months to 28 October 2026. The community boundary may differ from the master plan.