Nakheel .(P J S C)'s Palm Jumeirah project — here's what the Dubai Land Department numbers say.
Nakheel .(P J S C) is the developer of record for The Alba Residences by Omniyat
Pricing benchmark: AED 2,102 per sq ft in Palm Jumeirah
Off-plan / in-progress — mortgage typically unavailable below 60–80% completion
Typical ticket size clears the AED 2M Golden Visa threshold
Sikandar assessment — not financial advice. Derived from DLD registry data and comparable area analysis.
Units
165
Completion
2%
Area avg / sq ft
AED 2,102
Gross yield
—
Area
Palm Jumeirah
Developer
Nakheel .(P J S C)
Completion date
31-03-2028
Master development
—
Sourced from the Dubai Land Department transaction registry. The DLD does not publish unit-level transactions against individual project IDs, so these are area comparables for Palm Jumeirah — the pricing pool The Alba Residences by Omniyat trades within.
DLD comparables for Palm Jumeirah are being refreshed. Request the investor brief below for the current transaction pack.
Source: Dubai Land Department transaction registry, synced 2026-08-12. Averages cover all registered sale procedures in the area and are not adjusted for unit quality, floor or view.
Benchmark entry
AED 9,165,362
Gross rental / yr
—
Net rental / yr
—
Villa benchmark
—
Provisional — indicative only. Gross and net yields are area-level figures from Sikandar's pricing model; net deducts service charges, a vacancy allowance and management overhead. Actual returns vary by unit.
| Scenario | Down payment | Loan | Monthly EMI |
|---|---|---|---|
| NRI (25% down) | AED 2,291,340 | AED 6,874,021 | AED 38,208 |
| UAE Resident (20% down) | AED 1,833,072 | AED 7,332,289 | AED 40,755 |
| Cash Buyer | AED 9,165,362 | — | — |
Off-plan note: UAE lenders generally require 60–80% construction completion before releasing mortgage funds. Until then, developer payment plans apply.
Registered with the Dubai Land Department since 10-0. Other projects from this developer:
Nakheel .(P J S C) profile →1,902 registered buildings and 27,152 registered transactions in the DLD registry for this area.
Browse Dubai areas →Includes payment plan, available inventory, comparable transaction data and Sikandar's risk assessment.
The Alba Residences by Omniyat is a Nakheel .(P J S C) development in Palm Jumeirah of around 165 units, currently recorded at 2% construction completion. Registered sales in Palm Jumeirah average AED 2,102 per square foot, which is the pricing pool any unit here trades within — a more reliable anchor than launch brochures.
From a returns perspective, Palm Jumeirah yield depends heavily on unit type and handover timing. Investors comparing this against alternatives should review our 2026 ROI rankings and model their own scenario in the Investment Simulator.
As an in-progress project, The Alba Residences by Omniyat suits investors with a 3–7 year horizon who are comfortable with handover risk in exchange for developer payment plans and pre-completion pricing. Typical ticket sizes here clear the AED 2M Golden Visa threshold, which matters for non-resident buyers structuring residency. See the Golden Visa property guide for the residency pathway.
The Alba Residences by Omniyat sits in Palm Jumeirah, where the Dubai Land Department has registered 27,152 transactions at an average of AED 2,102 per sq ft. Nakheel .(P J S C) is the developer of record, and the project is currently under construction. Suitability depends on whether you are buying for yield or capital growth — use the figures below rather than launch marketing.
Unit-level rental data for The Alba Residences by Omniyat is not yet published. Yields in Palm Jumeirah should be modelled from comparable registered sales and rental contracts — request the investor brief for the current working numbers.
Yes. Benchmark prices here sit above the AED 2M property threshold, so a qualifying unit at The Alba Residences by Omniyat would support a 10-year renewable Golden Visa for the buyer and immediate family. Eligibility is assessed on the individual title deed value, not the project average.
The Alba Residences by Omniyat is developed by Nakheel .(P J S C). The project comprises around 165 units. Construction is recorded at 2% complete.
This is an off-plan or in-progress project, so handover timing, escrow milestones and mortgage availability (most lenders require 60–80% completion) are the primary risks. Area-level supply in Palm Jumeirah and the developer's delivery record should both be checked before committing. All figures on this page are indicative and not financial advice.
Send me your budget and timeline and I will come back with the current payment plan, the realistic net yield after DLD fees and service charges, and whether The Alba Residences by Omniyat beats the alternatives in Palm Jumeirah.
Syed Sikandar · RERA Broker Card #75044 · No spam, no listing blast — one considered reply.
Data on this page is compiled by Syed Sikandar (RERA #75044), a Dubai-licensed real estate broker with 5 years of market experience. The Alba Residences by Omniyat figures are compiled from the Dubai Land Department project and transaction registries for Palm Jumeirah. Scores are provisional pending DLD API integration. Last updated: 12 August 2026.
Disclaimer: All financial figures, yields and appreciation estimates on this page are provisional and indicative only. They are based on Dubai Land Department public records, comparable area analysis and Sikandar's methodology. Actual returns may vary. This is not financial advice. Always conduct independent due diligence before making investment decisions.
RERA #75044 · Source: Dubai Land Department registry · © Sikandar.ae 2026