Nakheel's Palm Springs Homes in Dubai Start at $1 Million
Nakheel's newly unveiled Palm Springs development in Dubai will offer 977 villas and townhouses, with prices starting at $1.03 million (AED 3.8 million), according to project documents reviewed by Al Masdar Al Aqaari.
The residential offering comprises 612 townhouses and 365 villas across five property categories, with starting prices ranging from $1.03 million (AED 3.8 million) for three-bedroom townhouses to $2.42 million (AED 8.9 million) for five-bedroom villas.
The 977 homes form part of a wider 3.8 million-square-meter masterplan that will also include apartments. Nakheel has not disclosed the total number of residential units planned across the entire development.
Unveiled on November 10, 2026, Palm Springs is being developed by Nakheel, a member of Dubai Holding Real Estate, beside Palm Jebel Ali in southern Dubai. The community is designed to accommodate nearly 50,000 residents across 15 neighborhoods.
According to the project factsheet, the development will include 348 three-bedroom townhouses measuring approximately 2,326 square feet, with prices starting at $1.03 million (AED 3.8 million).
A further 212 four-bedroom townhouses, spread across two floors and measuring approximately 2,672 square feet, will start at $1.25 million (AED 4.6 million). Another 52 four-bedroom townhouses, arranged over three floors and measuring approximately 3,115 square feet, will be priced from $1.42 million (AED 5.2 million).
The villa offering includes 255 four-bedroom homes measuring approximately 4,041 square feet, with starting prices of $1.91 million (AED 7 million), alongside 110 five-bedroom villas measuring approximately 4,921 square feet and priced from $2.42 million (AED 8.9 million).
All prices are indicative starting prices for the respective property categories and do not represent completed sales transactions.
The project also offers a 60/40 payment plan, allowing buyers to pay 60% of the purchase price during construction, with the remaining 40% due upon handover, scheduled for October 2030.
The payment schedule begins with a 10% down payment upon booking, followed by four installments of 10% each in April and September 2027 and February and July 2028. Two further installments of 5% are due in December 2028 and May 2029, bringing the total payable before handover to 60%.
For a three-bedroom townhouse at the advertised starting price of AED 3.8 million, the initial down payment would amount to AED 380,000. The total payable before handover would reach AED 2.28 million, leaving a final payment of AED 1.52 million in October 2030, excluding additional fees.
Beyond its residential offering, the Palm Springs masterplan includes approximately 593,000 square meters of open space, including a central park and landscaped areas, as well as more than 35 kilometers of walking, jogging and cycling routes linking the neighborhoods.
Planned facilities include two schools, a hospital, six mosques, a Country Club and a Sports Club, alongside retail outlets, cultural venues and recreational spaces.
Palm Springs has received LEED for Communities Platinum Precertification, becoming the first Nakheel community to achieve the designation. The masterplan incorporates energy-efficient infrastructure, water and waste management systems, and climate-responsive landscaping.
Located within Dubai's southern growth corridor, the development will benefit from connections to Sheikh Zayed Road and Al Maktoum International Airport, as well as its proximity to Palm Jebel Ali.
The project's residential payment schedule indicates an estimated construction completion and handover date of October 2030, although Nakheel has not specified whether this timetable applies to the entire master-planned community.
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