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Developer · #3 by 12M value
Nakheel
Market bulletin · Thu, 22 Oct 2026
Nakheel: median AED 1,301/sqft, down 4.3% over three months on 640 sales
Nakheel recorded 231 sales worth AED 1.63B in the 30 days to Thu, 22 Oct 2026, up 72.4% on the previous 30 days. Over the last week 69 sales were registered (AED 322M), against 33 the week before.
The median sale over the last three months was AED 2.20M, or AED 1,301/sqft — like-for-like prices per sqft down 4.3% on the previous three months and up 11.7% on a year earlier. Monthly medians over the past year ranged from AED 1,085/sqft to AED 1,941/sqft.
By market over 12 months: developer off-plan sales 17.1%, off-plan resales 5.7%, secondary (ready) sales 77.1%. Off-plan resales traded at a median 27.7% discount to developer prices per sqft.
Nakheel registered 3,488 sales worth AED 20.40B in 12 months across 10+ communities, ranking #3 among Dubai developers by value. Its most active project was The Beach and Coral Collection Villas (170 sales).
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 1,074 |
| Sept 26 | AED 1,085 |
| Aug 26 | AED 1,941 |
| Jul 26 | AED 1,601 |
| Jun 26 | AED 1,294 |
| May 26 | AED 1,211 |
| Apr 26 | AED 1,093 |
| Mar 26 | AED 1,217 |
| Feb 26 | AED 1,299 |
| Jan 26 | AED 1,519 |
| Dec 25 | AED 1,651 |
| Nov 25 | AED 1,395 |
| Oct 25 | AED 1,840 |
| Sept 25 | AED 1,242 |
| Aug 25 | AED 1,201 |
| Jul 25 | AED 1,184 |
| Jun 25 | AED 1,853 |
| May 25 | AED 1,282 |
| Apr 25 | AED 1,846 |
| Mar 25 | AED 1,586 |
| Feb 25 | AED 1,172 |
| Jan 25 | AED 1,405 |
| Dec 24 | AED 1,279 |
| Nov 24 | AED 1,045 |
Off-plan vs resale vs secondary
Monthly median AED/sqft by market (months with 10+ sales)
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | AED 3,799 | — | AED 900 |
| Sept 26 | AED 3,612 | AED 2,373 | AED 981 |
| Aug 26 | AED 3,572 | — | AED 901 |
| Jul 26 | AED 3,601 | AED 2,218 | AED 967 |
| Jun 26 | — | AED 2,377 | AED 1,286 |
| May 26 | AED 3,849 | — | AED 995 |
| Apr 26 | AED 3,767 | AED 2,174 | AED 1,020 |
| Mar 26 | AED 3,753 | — | AED 1,173 |
| Feb 26 | AED 3,449 | AED 2,691 | AED 1,190 |
| Jan 26 | AED 3,452 | AED 2,512 | AED 1,094 |
| Dec 25 | AED 3,427 | AED 2,475 | AED 1,114 |
| Nov 25 | AED 1,940 | AED 2,500 | AED 1,003 |
| Oct 25 | AED 2,592 | AED 2,419 | AED 1,077 |
| Sept 25 | AED 2,608 | AED 3,121 | AED 1,084 |
| Aug 25 | AED 2,427 | AED 2,124 | AED 1,100 |
| Jul 25 | AED 2,478 | AED 2,183 | AED 932 |
| Jun 25 | AED 2,491 | AED 2,571 | AED 1,041 |
| May 25 | AED 2,515 | AED 2,203 | AED 986 |
| Apr 25 | AED 2,503 | AED 2,442 | AED 1,074 |
| Mar 25 | AED 2,439 | AED 2,489 | AED 1,068 |
| Feb 25 | AED 2,528 | AED 2,274 | AED 818 |
| Jan 25 | AED 2,549 | AED 2,717 | AED 1,205 |
| Dec 24 | AED 2,416 | AED 1,802 | AED 1,093 |
| Nov 24 | — | AED 1,906 | AED 1,001 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 21 | 6 | 143 |
| Sept 26 | 13 | 14 | 141 |
| Aug 26 | 94 | 9 | 147 |
| Jul 26 | 61 | 18 | 185 |
| Jun 26 | 1 | 15 | 232 |
| May 26 | 18 | 9 | 101 |
| Apr 26 | 22 | 16 | 207 |
| Mar 26 | 21 | 6 | 167 |
| Feb 26 | 29 | 21 | 291 |
| Jan 26 | 114 | 28 | 361 |
| Dec 25 | 75 | 23 | 301 |
| Nov 25 | 73 | 30 | 313 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 231 | up 72.4% | AED 1.63B | 1,074 | down 0.5% |
| Last 3 months | 640 | up 1.9% | AED 3.59B | 1,301 | down 0.7% |
| Last 6 months | 1,268 | down 41.5% | AED 6.91B | 1,310 | down 0.2% |
| Last 12 months | 3,488 | down 57.3% | AED 20.40B | 1,314 | down 4.4% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan (developer) | 598 | 17% | AED 5.85M | 3,417 | up 36.5% |
| Off-plan resale | 200 | 6% | AED 6.90M | 2,470 | up 6.3% |
| Secondary (ready) | 2,690 | 77% | AED 790K | 1,070 | up 3.6% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 744 | 21% | AED 370K | 792 | up 14.3% |
| 1 bedroom | 867 | 25% | AED 777K | 856 | up 12.3% |
| 2 bedrooms | 548 | 16% | AED 3.92M | 2,066 | up 20.9% |
| 3 bedrooms | 477 | 14% | AED 4.97M | 1,826 | up 25.8% |
| 4 bedrooms | 546 | 16% | AED 5.90M | 1,705 | up 7.5% |
| 5+ bedrooms | 287 | 8% | AED 27.5M | 3,393 | up 31.5% |
| Type | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Apartments | 2,317 | 66% | AED 777K | 990 | up 8.9% |
| Villas | 913 | 26% | AED 8.20M | 1,997 | up 19.4% |
| Townhouses | 245 | 7% | AED 646K | 1,330 | down 18.3% |
| Plots | 13 | 0% | AED 17.2M | 2,345 | up 80.4% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 1,731 | 50% | AED 525K | 831 | up 20.4% |
| AED 2M–10M | 1,306 | 37% | AED 4.50M | 2,114 | up 22.2% |
| AED 10M–50M | 402 | 12% | AED 21.6M | 3,364 | up 24.8% |
| AED 50M+ | 49 | 1% | AED 60.9M | 7,143 | down 25.4% |
Projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| The Beach and Coral Collection VillasPalm Jebel Ali | 170 | — | — |
| Bay Villas Dubai IslandDubai Islands | 92 | 1,860 | — |
| Como ResidencesPalm Jumeirah | 11 | — | — |
| Signature Villas Frond G (Al Shishi)Palm Jumeirah | 4 | — | — |
| Signature Villas Frond N (Al Naghal)Palm Jumeirah | 6 | — | — |
| Al Furjan Villas Phase 2Al Furjan | 87 | 1,337 | — |
| Palm Central Residences Frond M Building APalm Jebel Ali | 79 | 3,617 | down 0.3% |
| The Beach and Coral Collection Villas - Frond FPalm Jebel Ali | 9 | 4,304 | — |
| Palm Central Residences BPalm Jebel Ali | 63 | — | — |
| Palm Central Residences APalm Jebel Ali | 62 | — | — |
| Signature Villas Frond F (Al Yabri)Palm Jumeirah | 3 | — | — |
| Palm Jebel Ali - Frond MPalm Jebel Ali | 11 | — | — |
| Garden HomesPalm Jumeirah | 7 | — | — |
| Palm Central Residences Frond M Building BPalm Jebel Ali | 48 | 3,384 | — |
| Jumeirah Park - District 9Jumeirah Park | 26 | — | — |
Where Nakheel sells
Sales in this scope only, last 12 months
| Community | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| Palm Jebel Ali | 487 | 3,489 | 34.8% |
| Palm Jumeirah | 368 | 2,764 | 27.2% |
| Dubai Islands | 213 | 2,328 | 7.1% |
| Al Furjan | 251 | 1,666 | 6.6% |
| Jumeirah Park | 112 | 2,207 | 5.7% |
| Jumeirah Islands | 47 | 4,277 | 5.6% |
| Discovery Gardens | 747 | 956 | 2.8% |
| Jebel Ali Village | 182 | 1,349 | 2.6% |
| Jumeirah Village Triangle | 83 | 1,858 | 2.1% |
| International City | 758 | 636 | 1.9% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 125M | 5+ BR Villa · 7,000 sqftPalm Jumeirah | 5 Aug |
| AED 110M | 5+ BR Villa · 7,000 sqftPalm Jumeirah | 14 Aug |
| AED 78.0M | 4 BR Villa · 5,000 sqftGarden Homes · Palm Jumeirah | 8 Oct |
| AED 71.2M | 5+ BR Apartment · 11,711 sqftComo Residences · Palm Jumeirah | 21 Sept |
| AED 67.6M | 5+ BR Villa · 11,000 sqftSignature Villas Frond N (Al Naghal) · Palm Jumeirah | 14 Oct |
| AED 64.9M | 4 BR Apartment · 11,537 sqftComo Residences · Palm Jumeirah | 23 Sept |
Questions about Nakheel
What is the average price per sqft in Nakheel?
The median sale price in Nakheel over the last three months was AED 1,301 per sqft (median sale AED 2.20M), based on 640 sales registered with Dubai Land Department.
Are property prices in Nakheel going up?
Like-for-like prices per sqft are up 11.7% on a year earlier and down 4.3% on the previous three months.
How many properties were sold in Nakheel in the last year?
3,488 sales worth AED 20.40B were registered in the last 12 months: 17% developer off-plan, 6% off-plan resales and 77% secondary (ready) sales.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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