Nakheel: the master developer of the islands, and what that title means
The state developer behind Palm Jumeirah and the Dubai Islands. The difference between a master developer and a building developer, and why it matters for what you own.
Palm Crown
Palm Jumeirah · Nakheel
Project factsheet
Units in the community 38
Developer Nakheel
District Palm Jumeirah
Photos and renders of the community and grounds — not of this particular unit.
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About the community
A residential community in Palm Jumeirah. Developer — Nakheel.
What the community has
- Beach
Specifications for The Palm Crown per Propsearch and the Dubai Land Department. They describe the whole community, not the individual unit.
About the project
Palm Crown is a residential community in Palm Jumeirah.
The developer is Nakheel.
The complex holds 38 apartments in total.
The database currently holds 3 lots in this project, from 32 500 000 AED.
Thirty-eight Nakheel villas on the Palm. Our stock lot at AED 34.65 million — the island's top segment.
What it is
Palm Crown is a Nakheel villa cluster of 38 residences on Palm Jumeirah. Storey count, handover date and status aren't stated in the factsheet.
Our stock has one lot at AED 34.65 million; size isn't stated, so we don't give a price per square foot.
Thirty-eight houses is a small-batch format even for the Palm.
Price per square foot across Palm Jumeirah
Island benchmarks: villa clusters run AED 6,565–7,610/ft².
| Project | AED / ft² | Lots | Avg. size |
|---|---|---|---|
| Royal Atlantis Residences | 12733 | 3 | 2759 ft² |
| Palm Beach Towers | 10763 | 3 | 860 ft² |
| Signature Villas | 7610 | 7 | 10,350 ft² |
| W Residences | 4678 | 15 | 3246 ft² |
| Orla | 6681 | 4 | 5199 ft² |
| Garden Homes | 6565 | 11 | 7008 ft² |
| Ellington Beach House | 5152 | 11 | 1675 ft² |
| The Crescent | 4830 | 26 | 3562 ft² |
| Palm Beach Towers Residences 1 | 4745 | 7 | 1158 ft² |
| Serenia Living | 4577 | 3 | 1827 ft² |
| The Palm Tower | 4413 | 5 | 1087 ft² |
| Five Palm Jumeirah | 3611 | 8 | 1709 ft² |
| Palm Beach Towers 3 | 3714 | 5 | 1128 ft² |
| Palm Beach Towers 2 | 3544 | 8 | 2188 ft² |
| Oceana | 3443 | 7 | 2790 ft² |
| Fairmont Palm Residences | 3397 | 5 | 2783 ft² |
| Azizi Mina | 2704 | 4 | 1482 ft² |
| Royal Amwaj Residences | 2641 | 3 | 1928 ft² |
| Shoreline Apartments | 2596 | 12 | 1849 ft² |
| Marina Residences | 2209 | 5 | 2117 ft² |
| Golden Mile | 2166 | 4 | 4320 ft² |
Our own stock as of 28 August 2026: 250 lots across the Palm, median AED 8.2 million, average price per square foot AED 4,781. Includes projects with three or more lots and a reliable size — 48 lots whose size contradicted their bedroom count were excluded from the calculation.
Thirty-eight villas, the whole project
The Palm in our database is 250 lots, with a median of AED 8.2 million and an average price per square foot of AED 4,781. Our lot sits four times above the median.
The Palm's small villa clusters — Signature Villas at AED 7,610/ft², Garden Homes at AED 6,565 — hold the top of the island's market precisely because they're scarce: no more frond plots are coming.
Palm Crown, with its thirty-eight houses, belongs to the same category. Without a size, you can't calculate a price per square foot, but the range is clear from its neighbours.
The first question for the seller is the size of the house and the plot. That's the one figure that would let you compare the offer against Signature Villas and Garden Homes.
propsearch factsheet: 38 residences, developer Nakheel. Our own stock as of 28 August 2026: the project's lot (price), data on Signature Villas and Garden Homes, and the Palm's median and average.
What the complex has
Beach
Where it is
Handover payment
A mortgage covers the final instalment
The final payment on this building falls in 2026 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.
- Up to 80% of the appraised value, no extra down payment
- 3.99% fixed for three years, up to 25 years in term
- 6–12 months before the keys — the bank wants six months of income history
Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.
Ask on WhatsAppFrequently asked about Palm Crown
Who is the developer of Palm Crown?
Nakheel.
Where is Palm Crown?
Palm Jumeirah. The palm-shaped island: villas on the fronds, apartments along the trunk, resorts around the crescent.
How much does an apartment in Palm Crown cost?
The database currently holds 3 lots in this project, from 32 500 000 AED. Prices move every day, so it is worth asking for the current list for this building.
In the news
What has been written about the building, its developer and Palm Jumeirah
Como Residences: 71 floors, 76 apartments, and a handover date that moved
Nakheel’s tallest building on Palm Jumeirah — one or two apartments per floor, an elevated private beach, an AED 1.8bn contract. Delivery has slipped from Q3 2027. What that costs a buyer, and how to read a schedule change.
Business Bay overtakes Palm Jumeirah in prime deals in August 2026, even as Dubai's wider market cools
Business Bay recorded 14 prime transactions in August 2026 against Palm Jumeirah's 10 — while Dubai-wide transaction volume fell 37% year-on-year and value fell 44%. Rental search demand rose 44% over the same period. What these seemingly contradictory numbers actually mean.
Dubai prime property 2022–2024: how the city became the world’s busiest $10m home market
Knight Frank counted 219 Dubai home sales above $10m in 2022, 434 in 2023 and a record 435 in 2024 (about $7bn). In the first half of 2023 Dubai overtook New York, Hong Kong and London. How a shortage of supply made Palm Jumeirah the core of the market — the background to 2025–2026.
BEYOND: three projects, three Dubai districts — and three very different buyer profiles
PASSO on Palm Jumeirah, Arancia Yards in City of Arabia and Soulever in Dubai Maritime City are all built by the same developer, BEYOND, yet each draws a different kind of investor. Why one brand does not mean one buyer profile.
Most expensive areas in Dubai: price per square foot and rents in 2026
On sales registered with the Dubai Land Department in the year to July 2026, Jumeirah 2 leads at about AED 7 560 per sq ft, followed by Trade Center 2, DIFC, Dubai Harbour and La Mer. The city median is about AED 1 716. How prices compare with rents, and when a costly square foot pays off.
Palm Jumeirah branded residences: ELA by Omniyat, run by Dorchester Collection, from AED 43m
ELA Residences is Omniyat’s ultra-prime scheme on the Palm Jumeirah crescent: Zaha Hadid Architects design, Dorchester Collection service, three- and four-bedroom homes and duplexes. Launched June 2024, under construction since May 2024, entry around AED 43m, handover still Q1 2028.
Dubai homes over $10 million: 500 sales in 2025 and a record 296 in the first half of 2026
Knight Frank counted 500 Dubai home sales above US$10m in 2025, worth US$9.05bn, against 30 in 2020. The first half of 2026 added 296 more worth US$5.1bn, a half-year record. Where the money went and why the top of the market held up.
Billionaires in Dubai in 2026: 43 residents and eighth place worldwide in the Altrata census, and what it means for prime property
Altrata's Billionaire Census 2026 counts 43 billionaires living in Dubai, joint eighth among world cities with Shenzhen. The UAE has 59 with a combined $201bn. How that shows up in Dubai's AED 100m-plus villa market, and what it does not change for everyone else.
Where this project stands today
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