Case Study: Palm Jumeirah- Redefining real estate development

Completed in 2008, Palm Jumeirah stands out as one of Dubai’s most iconic real estate developments. The palm-shaped archipelago stretches over 560 hectares of reclaimed land and is now home to 25,000 people, offering a mix of luxury properties, retail outlets and leisure attractions.

Master developed by Nakheel, now part of Dubai Holding Real Estate, the project has become a symbol of the emirate’s vaulting ambition, as well as a model for other projects such as Palm Jebel Ali – which will be double the size of Palm Jumeirah.

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An icon of innovation and luxury

Explore key insights on Palm Jumeirah’s success, its impact on Dubai’s real estate market, and the future of high-end waterfront developments. As the region’s real estate sector grows, Palm Jumeirah continues to attract investment and inspire large-scale projects like Palm Jebel Ali. With soaring property values, limited land, and evolving sustainability regulations, new opportunities emerge.

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Indeed, Palm Jumeirah is part of a larger development named Palm Islands, which also includes Palm Deira and Palm Jebel Ali.

More than 20 years after construction began, Nakheel is continuing to develop the scheme. As recently as September 2024, it awarded a AED1.8bn ($490m) contract for the construction of the Como Residences tower on the island. Nakheel’s Palm Jumeirah masterplan, worth $3.76m, was 79% executed as of mid-October 2024, according to MEED Projects.

Download the full case study

An icon of innovation and luxury

Explore key insights on Palm Jumeirah’s success, its impact on Dubai’s real estate market, and the future of high-end waterfront developments. As the region’s real estate sector grows, Palm Jumeirah continues to attract investment and inspire large-scale projects like Palm Jebel Ali. With soaring property values, limited land, and evolving sustainability regulations, new opportunities emerge.