Nakheel

The company was founded in 2000 and immediately gained prominence with the creation of the man-made island of Palm Jumeirah. Nakheel Properties is managed by Sheikh Ahmed bin Saeed Al Maktoum, a member of the UAE royal family. The developer specializes in the construction of world-class real estate that is perfect for living, and doing business and also attracts tourists. The company's portfolio includes about 50 major projects that have become the hallmark of Dubai. Among them are Palm Jebel Ali, Deira Island, Palm Jumeirah, and the famous The World archipelago. In March 2024, Nakheel merged with Meydan to form Dubai Holding.