Nakheel has launched Palm Springs, a residential project in Dubai's southern growth corridor. Pre-launch reports suggest the community could include more than 2,000 homes.
The reported property mix includes three- and four-bedroom townhouses alongside four- and five-bedroom villas. Early market reports indicate townhouse prices starting from AED 3.3 million. Villa prices could reach up to AED 9.5 million, according to the same reports.
Pre-launch material points to a possible 60/40 payment structure for buyers. Some pre-launch reports indicate a possible handover in the first quarter of 2031.
The project is linked to Dubai's southern growth corridor, an area that has seen increased developer activity in recent years. Nakheel, known for other major residential and mixed-use developments across the emirate, is bringing the Palm Springs community to market as part of this expansion.
The southern corridor continues to attract new launches as developers target buyers looking for family homes outside the more established areas. The reported property mix at Palm Springs focuses on larger units, with the smallest homes being three-bedroom townhouses. Four-bedroom townhouses are also part of the mix, while villa buyers can choose between four- and five-bedroom options.
The payment plan pre-launch material suggests could spread costs over the construction period and beyond. A 60/40 structure typically means buyers pay 60 percent during construction and the remaining 40 percent on or after handover. The possible handover date in the first quarter of 2031 would give the project roughly four years from launch to completion, a timeline that aligns with other large-scale residential developments in the emirate.
Nakheel has not disclosed full details of amenities or infrastructure at Palm Springs. The developer is expected to release more information as the project moves from pre-launch to active sales.
Source
Nakheel launches Palm Springs, upcoming residential project in Dubai's southern growth corridor (Luxury Editions)