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Investment Cases›Palm Springs
Active case · November 2026
Nakheel

Palm Springs by Nakheel

By Nakheel · Jebel Ali, beside Palm Jebel Ali
Starting from
AED 3.8M
Payment plan
60/40
Handover
Estimated October 2030 · 40% paid at handover
M&M verdict
Paid EOIs open now
The thesis

Why this project.
Why now.

Palm Springs is Nakheel's new masterplan in Jebel Ali, beside Sheikh Zayed Road and Palm Jebel Ali: 382 hectares planned for about 50,000 residents. Eleven Aliso neighbourhoods of townhouses and four Rancho neighbourhoods of villas wrap around Canyon Park, a continuous park of streams, ponds and small sandy beaches.

The park leads to two clubs. The Thousand Palms Country Club has a beach pool, two restaurants and a wellness centre; the Silver Spur Racquet Club has clay courts, studios and a lap pool. Palm Jebel Ali is 14 minutes away by Nakheel's drive times.

Nakheel's record next door shows how launch buyers have done. Jebel Ali Village villas launched from about AED 4.0M to 4.4M in 2021, and ready 4BR villas there resold at a median AED 8.40M over the past year.

Townhouses start at AED 3.8M and villas at AED 7.0M, subject to availability. You pay 60% while it is built and 40% at handover, estimated for October 2030, so a large part of the price stays in your hands while the community rises.

“A family home by the park, with 40% paid at the keys.”
M&M
M&M Real Estate
Dubai Off-Plan Investment Advisory
Developer
Nakheel
Part of Dubai Holding
Location
Jebel Ali
Beside Palm Jebel Ali
Masterplan
382 ha
Planned for about 50,000 residents
From
AED 3.8M
3BR townhouse, subject to availability
Payment plan
60/40
40% paid at handover
Open space
593,000 sq m
Planned, including Canyon Park
1 / 17
Why we like this case

Reasons we
recommend this.

01
Nakheel's record next door

Jebel Ali Village villas launched from about AED 4.0M to 4.4M in November 2021. Ready 4BR villas there resold at a median AED 8.40M over the 12 months to 10 November 2026.

02
More home for the ticket

A 4BR Rancho villa has 4,041 sq ft built-up from AED 7.0M. Ready 4BR villas in Murooj Al Furjan resold at a median AED 7.55M for 3,471 sq ft.

03
40% at the keys

10% on booking and 50% in six payments to May 2029. The last 40% is due at handover, estimated for October 2030.

04
A park and two clubs

Canyon Park runs through the community with streams, ponds and small beaches, and its paths lead to a country club with a beach pool and a racquet club with clay courts.

05
On the road to Palm Jebel Ali

14 minutes to Palm Jebel Ali and 23 to Al Maktoum International by Nakheel's drive times. Nakheel calls Palm Springs the gateway to its second Palm.

06
Dubai Holding behind it

Nakheel, the developer of Palm Jumeirah, has been part of Dubai Holding since March 2024. Dubai Holding holds over AED 500bn of assets.

The location

Jebel Ali.
What we actually think.

Palm Springs sits beside Sheikh Zayed Road and Al Maktoum Airport Street, between the Palm Jebel Ali road and the coast. By car, Nakheel gives 14 minutes to Palm Jebel Ali, 20 to Bluewaters Island, 23 to Al Maktoum International and 25 to Palm Jumeirah.

Nakheel's plan shows a future metro station by the community. Separately, on 10 November 2026 Dubai's Executive Council approved the Route 2020 extension from Expo 2020 to the DWC West Terminal, about 3 km with two stations, to open in 2031.

Dubai is building along its southern coast. Palm Jebel Ali covers 13.4 sq km with 91 km of beachfront, planned for about 35,000 families. Jebel Ali Port and the Jebel Ali Free Zone account for 36% of Dubai's GDP and more than one million jobs, and Al Maktoum International's first phase is on course to open in 2032.

For an owner, that is a family home where the city is still adding beaches and jobs around you, with Palm Jebel Ali, Bluewaters and the new airport all within 25 minutes by Nakheel's drive times.

🌳
Canyon Park
Streams, ponds, waterfalls, shallow pools and small sandy beaches through the middle of the community.
🚴
35 km+ of routes
Cycling, jogging and walking routes through the masterplan.
🌴
Palm Jebel Ali next door
Nakheel's second Palm: 13.4 sq km and 91 km of beachfront, 14 minutes away by Nakheel's drive times.
⚓
Jobs next door
Jebel Ali Port and the Free Zone: 36% of Dubai's GDP and more than one million jobs.
✈️
The airport city
Al Maktoum International, 23 minutes by Nakheel's drive times; its first phase is on course to open in 2032.
🚇
Metro on the plan
Nakheel's plan shows a future metro station by the community.
Developer track record
Nakheel

Nakheel.
The track record matters.

Nakheel built Palm Jumeirah and villa communities that Dubai families know by name: Jumeirah Park, Jumeirah Islands, Nad Al Sheba Villas, Murooj Al Furjan and Tilal Al Furjan. Jebel Ali Village is in handover.

Since March 2024 Nakheel has been part of Dubai Holding, which holds over AED 500bn of assets and contributed 13.5% of Dubai's GDP in 2025. Nakheel sold AED 24.5bn of property in 2025, fourth in Dubai by value, and first for homes above AED 15M.

Its launches sell fast: Murooj Al Furjan's first 217 villas sold in about four hours in May 2021, and Palm Jebel Ali's first villa phase sold out within hours in September 2023. Under Dubai Law No. 8 of 2007, payments for the homes go into the project's escrow account, and Law No. 19 of 2020 protects off-plan buyers.

May 2021
Murooj Al Furjan launched
The first 217 villas sold in about four hours
Nov 2021
Jebel Ali Village launched
Villas from about AED 4.0M to 4.4M
Sep 2023
Palm Jebel Ali villas launched
The first villa phase sold out within hours
Mar 2024
Part of Dubai Holding
Nakheel and Meydan incorporated into Dubai Holding by the Ruler's mandate, 16 March 2024
Jun 2026
220 Jebel Ali Village townhouses
Bought by Dubai Residential REIT for AED 894M
Aug 2026
Jebel Ali Village in handover
892 homes in handover
Nov 2026
Palm Springs unveiled
Paid EOIs open for the first release of about 500 villas and townhouses
AED 24.5bn
Nakheel sales in 2025, fourth in Dubai by value
AED 16.9bn
Nakheel sales of homes above AED 15M in 2025, first in Dubai
AED 500bn+
Assets held by Dubai Holding, Nakheel's parent
3,000+
Villas Nakheel delivered at Jumeirah Park alone
M&M
Talk to our team about this case
M&M Real Estate · Dubai Off-Plan Investment Advisory
Amenities & lifestyle

What residents
actually get.

Official renders from Nakheel. These are the amenity spaces included in the development.

Canyon Park: streams, ponds, waterfalls and small sandy beachesThousand Palms Country Club with a beach poolTwo club restaurants and a wellness centreSilver Spur Racquet Club with clay courtsA lap pool, kids' pools and a splash padGym and fitness studiosAdventure play, play parks and a nature centreMore than 35 km of cycling, jogging and walking routesTwo schools, a hospital and six mosques plannedDistrict cooling for the villas
Floor plans

Layouts and
spatial planning.

3BR Aliso townhouse, mid unit, G+1 · plot 2,178 sq ft, built-up 2,329 sq ft · typical plan
Available typologies

What's available
and at what entry.

3BR Aliso townhouse
Mid unit · G+1 · plot 2,178 sq ft
Size2,329 sq ft built-up
PriceFrom AED 3,800,000
PSFAED 1,632
AvailabilityAvailable
4BR Aliso townhouse
Corner · G+1 · plot 3,269 sq ft
Size2,672 sq ft built-up
PriceFrom AED 4,600,000
PSFAED 1,722
AvailabilityAvailable
4BR Aliso townhouse
Corner · G+2 · plot 3,435 sq ft
Size3,115 sq ft built-up
PriceFrom AED 5,200,000
PSFAED 1,669
AvailabilityAvailable
4BR Rancho villa
G+2 · plot 5,158 sq ft
Size4,041 sq ft built-up
PriceFrom AED 7,000,000
PSFAED 1,732
AvailabilityAvailable
5BR Rancho villa
G+2 · plot 6,065 sq ft
Size4,921 sq ft built-up
PriceFrom AED 8,900,000
PSFAED 1,808
AvailabilityAvailable
Financial scenarios

Different strategies.
Same asset.

Today's rents · Jebel Ali Village
Unit3BR Aliso townhouse · from AED 3,800,000
EntryAED 2,280,000 paid before the keys (60%), AED 1,520,000 at handover
Est. yield5.0% gross, illustrative
Growth thesisReady 3BR townhouses at Jebel Ali Village let for a median AED 190,000 a year on 100 new leases registered since June 2026. Over the from price that is 5.0% gross, before service charges, vacancy and costs: today's rent, illustrative, and not a forecast of the rent at handover.
Today's rents · Al Furjan villas
Unit4BR Rancho villa · from AED 7,000,000
EntryAED 4,200,000 paid before the keys (60%), AED 2,800,000 at handover
Est. yield5.0% to 5.5% gross, illustrative
Growth thesisReady 4BR villas let for a median AED 347,500 a year at Murooj Al Furjan (56 new leases) and AED 382,500 at Tilal Al Furjan (68), 12 months to 9 November 2026. Over the from price that is 5.0% to 5.5% gross, before costs: today's rents, illustrative, and not a forecast of the rent at handover.

Illustrative scenarios built on the assumptions shown in each one. They are not a forecast, prices can fall as well as rise, and returns are not guaranteed.

The complete report

The full case, prepared for you.

Developer analysis, location deep-dive, the price and our complete thesis, sent straight to your inbox.

M&M VerdictPaid EOIs open now

We recommend
this case.

Palm Springs gives you a family home by a park in Jebel Ali, beside Palm Jebel Ali, from the developer whose Jebel Ali Village villas launched from about AED 4.0M to 4.4M in 2021 and resold at a median AED 8.40M over the past year.

The 4BR Rancho villa from AED 7.0M comes in at a lower price per sq ft than the ready 4BR villa medians in Murooj Al Furjan, Tilal Al Furjan and Jebel Ali Village, and Canyon Park and the two clubs come with it.

You pay 60% while it is built and 40% at handover, estimated for October 2030. Nakheel is taking paid EOIs now for the first release: book a short call and you leave with the plans for your home type and what you pay on each date.

Suitable for
The family moving up to a villa
A 4BR Rancho villa from AED 7.0M for 4,041 sq ft built-up on a 5,158 sq ft plot, in the phase around the Thousand Palms Country Club. AED 700,000 on booking, and 40% at handover.
The buyer who rents it out
A 3BR Aliso townhouse from AED 3.8M. Ready 3BR townhouses at Jebel Ali Village let for a median AED 190,000 on new leases this year: 5.0% gross on the from price, as an illustration.
The Palm Jebel Ali neighbour
Palm Jebel Ali's 5BR villas sold at a median AED 26.86M over the past year. A 5BR Rancho villa at Palm Springs starts at AED 8.9M, 14 minutes away by Nakheel's drive times.
The Golden Visa buyer
Every Palm Springs home starts at AED 3.8M or more, above the AED 2M purchase price the DLD's Golden Visa route through property asks for. Your advisor confirms how it applies to an off-plan home.
M&M research view
“Tell us the home type and your budget. We send the floor plans for the home you want, where it sits on the Phase 1 plan and what you pay on each date, and we file your EOI with Nakheel.”
M&MM&M Real Estate · Dubai Off-Plan Investment Advisory