Al Fardan Exchange (, ; formerly Nakheel and Al Khail) is a rapid transit station on the Red Line of the Dubai Metro in Dubai, UAE. It opened on 15 October 2010 along with four other intermediate stations on the Red Line, as Nakheel. It was renamed to Al Khail on November 24, 2020. It was again renamed to Al Fardan Exchange on March 19, 2025.
Al Fardan Exchange station is located slightly under to the southwest of Downtown Dubai, between Interchanges 4 and 5 of Sheikh Zayed Road. It is the closest stop on the Dubai Metro to the American University of Dubai and Dubai Media City to the west and the Emirates Golf Club to the east.
Al Fardan Exchange station rests on a viaduct paralleling the eastern side of Sheikh Zayed Road. It is categorised as a type 3 elevated station, as it has three tracks, the third being used to hold trains when necessary. The station has an elevated concourse, with pedestrian access aided by aerial walkways to either side of the road.
During peak hours, the middle track acts as a terminus for alternating trains from centrepoint. Passengers travelling towards Expo 2020 or Life Pharmacy transfer at this station.