Palm Central 350,000 homes by 2030 is the number the Palm will be priced against
At the Mohammed bin Rashid Leadership Forum on 13 October 2026, the Ruler of Dubai listed Dh2.1 trillion of projects under way in the city. The real-estate line is Dh1.1 trillion to 2030, about 350,000 homes.
The rest of the list
Dh128 billion for Al Maktoum International Airport, Dh100 billion for roads and the Metro Blue and Gold lines, Dh151 billion for power and water, Dh80 billion for sewerage tunnels, Dh100 billion for DIFC Phase 2, and Dh328 billion of aircraft on order.
Where the Palm sits
Palm Jebel Ali's villa fronds are part of the 350,000, and Nakheel's own count puts the island at a few thousand villas across its phases. The airport line is the island's other interest: Al Maktoum International is the airport the Palm is nearest to, and the Dh128 billion is the reason the developer expects the island's second life to work where its first did not.
What the number is
A statement to the city's leadership, not a delivery forecast. Each project has its own contract and date, and the housing figure is a pipeline, including launches not yet started.
Supply at this scale is a price ceiling for apartments and a floor for beach villas, which is the whole case for the Palm. Of 350,000 homes most will be flats in the city's interior; the homes with a beach are a few thousand, and the supply of beach does not grow with the budget. The thing to check is the airport date, because the Palm Jebel Ali buyer is paying now for a district whose second runway opens later, and the forum gave the airport's cost but not its year.
Source: The National checked against the source
More Palm Central news
Off-plan mortgage from 50% paid
Dubai Holding Real Estate and ADCB offer off-plan buyers a mortgage once half the price is paid, whatever the construction stage, from 3.49 per cent fixed for three years, with an 18-month pre-approval and fees waived. The arrangement is exclusive to Palm Jebel Ali, Palm Central's island, The Acres and Nad Al Sheba Gardens.
Dh79m on the Palm in August
A unit at Orla Infinity by Omniyat led the emirate's August sales at Dh79 million, ahead of a Dh65 million home at Jumeirah Residences Asora Bay — both on Palm Jumeirah, and both far above where the Palm Central ladder starts on Palm Jebel Ali.
Constrained supply won the half
Tokyo led the Savills index at 7.0% in six months, Cape Town at 4.7%, Seoul at 4.1% — each on limited prime stock. Where supply was plentiful, values fell. Dubai is forecast down around 10% — and supply is the part of that forecast a Palm Central buyer has no say in.