Real Estate

Nakheel Properties announces new master plan for Dubai Islands

Nakheel Properties, the Dubai-based world-leading master developer and that of Palm Jumeirah, on Monday unveiled a new vision for Dubai Islands which will redefine the concept of waterfront living.

Comprised of five islands with a total area of 17 sq km, Dubai Islands have been designed to enhance the wellbeing and lifestyles of residents and visitors. 

Aligning with Dubai 2040 Urban Master Plan, Dubai Islands (formerly known as Deira Islands) will reinforce the Emirate’s position as a global destination of choice for residents, visitors and investors. Each island will have its own unique offerings, with innovative living experiences, cultural hubs, recreational sport beaches and beach clubs, all in one interconnected location within easy access of the city and airport.

The islands will be home to over 80 resorts and hotels, including luxury and wellness resorts, boutique, family and eco-conscious hotels, supporting Dubai’s ambition to boost the tourism and hospitality sector by increasing the number of hotel keys.

With over 20 km of beaches, including a Blue Flag certified beach, approximately two sq km of parks and open spaces and premium golf courses overlooking the Arabian Gulf, Dubai Islands will increase the length of beaches and areas dedicated to public parks.

A well-connected network of marinas promenades and pathways for water and road transportation, walking and biking support the Dubai 2040 Urban Master Plan in developing vibrant and healthy communities.

Dubai Economy

Dubai’s economy, which last year rebounded strongly from the coronavirus-induced slowdown, has carried the growth momentum into this year, supported by the resurgent real estate and tourism sectors.

According to Dubai Statistics Centre, Dubai’s economy grew 6.2% in 2021 and the Emirates GDP expanded 5.9% in the first quarter of 2022. This was mostly due to spiralling oil prices.

Even the number of tourists has registered an impressive growth and supported the Emirate’s non-oil economic growth.

Some 7.12 million international tourists visited the Emirate in the first half of 2022, about three times the 2.52 million tourists recorded in the same period last year, according to Dubai’s Department of Economy and Tourism (DET).

Destination Within Destination

In his comments, Nakheel CEO Naaman Atallah said: “Dubai Islands are an integral part of the future vision for the Emirate, focusing on enhancing the health, happiness and wellbeing of residents and visitors, as well as providing the highest standards and variety of urban infrastructure and facilities. Dubai Islands will add to the Nakheel portfolio of residential, retail, hospitality and leisure developments, offering another destination within a destination.”

Dubai Islands are located along Dubai’s northern coastline and are easily accessible by land and sea through road bridges and water transport. The islands are within a short distance from the Dubai International Airport, Dubai Creek, Jumeirah and Downtown Dubai.

Nakheel is the developer behind palm-shaped islands in the Emirate and earlier this year launched the redevelopment of Jebel Ali Village, with plans to build new villas and townhouses at the iconic community.

It is not only developer encouraged by the strong economic rebound to revive expansion plans, acquiring portfolios and launching projects

Global Business Magazine

Recent Posts

Riyadh Air Eyes Second Indian City as Saudi Carrier Deepens Its India Expansion

Riyadh Air is preparing to expand its presence in India beyond Mumbai, with the Saudi…

6 days ago

AIM Global Foundation enhances the UAE-India investment discussion pre-AIM Congress 2026.

The AIM Global Foundation increased its momentum in interacting with the Indian investment community and…

7 days ago

Office sales in Dubai surged by almost 200% to Dh15.8 billion in the first half of 2026.

Sales transactions in Dubai's office market totaled Dh15.8 billion in the first six months of…

1 week ago

Majority of Dubai homes under construction already sold as demand keeps pace with supply

New fäm Properties report shows 90%-100% absorption rate for thousands of apartments and villas to…

1 week ago

FIA President, H.E. Mohammed Ben Sulayem, meets president of Chile H.E José Antonio Kast strengthening cooperation across Mobility and Motorsport

During the meeting, President Kast signed the FIA’s United Against Online Abuse charter Dubai, UAE,…

1 week ago

IMF Executive Board Approves New Two-Year Flexible Credit Line Arrangement with Chile

The IMF approved today a successor two-year arrangement for Chile under the Flexible Credit Line…

1 week ago