INTRODUCTION TO PALM JEBEL ALI

Dubai is home to the world's most strategic and iconic developments, such as Palm Jumeirah, Burj Khalifa, and the Dubai Marina. Many great developers have come forward and entirely reshaped the scope of Dubai by transforming it into the UAE’s most vibrant real estate industry.

The award-winning creator of the sensational Palm Jumeirah has brought yet another grand project to the emirate – Palm Jebel Ali. The shoreline of Dubai has been transformed into an elegant and sophisticated heaven by this man-made island, which is the peak of human intellect and imagination.

The launch of this eco-friendly man-made island by Nakheel was announced by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. According to him, this is the most sensational release in the past decade, as this island is now the largest in the emirate. Being situated in the south of Palm Jebel Ali Free Zone, this artificial isle is distinguished by its grand scale, surrounded by seven islands. 

DESIGN AND LAYOUT OF PALM JEBEL ALI

Palm Jebel Ali has the longest coastline in Dubai. It holds 68 miles of beachfront, with a number of entertainment and recreational facilities, which are yet to be revealed. The master plan of Palm Jebel Ali includes more than 80 hotels and resorts, which will result in promoting the local tourism sector. 

This development has a well-planned design with a trunk, spine, 16 fronds, 4 crescents, and a crown. The trunk consists of buildings, the fronds with villas, and the spine has wellness, sports centers and district parks. At the frond’s tips, there are hospitality and entertainment options for a resort-like lifestyle. 

REAL ESTATE OFFERINGS

Radiating the utmost calm and cool environment, this highly anticipated iconic destination will house a collection of ultra-luxurious 5-7-bedroom mansions and plots, starting at AED 18.5 million. There are also 7-bedroom villas from 11,200 to 12,200 sq ft, starting at AED 30 million. If you prefer to build villa plots at the tip of the frond starting from 20,000 to 30,000 sq ft with prices around AED 1,800 to 2,300 per sq ft. 

The exquisitely crafted villas come in 2 collections: The Beach Collection and The Coral Collection. To create a sense of absolute comfort, the fantastic waterfront properties will be coming with a maid’s room, a driver’s room, a swimming pool, an office, a roof lounge and more. 

ECONOMIC AND INVESTMENT IMPACT

The master developer offers an attractive 80/20 payment plan, which includes a 20% downpayment, 80% during construction, while the final 20% is to be paid upon completion of the development in 2027.

In line with the Dubai 2040 Urban Master Plan, the project aims to strengthen Dubai’s position as the world’s best city to live, work, and invest in. The key features of Palm Jebel Ali are sustainable practices, smart technologies, eco-friendly transport and more. 

There is a consistent demand for waterfront properties in Dubai, owing to an inflow of wealthy individuals who choose the emirate as their second home. Considering the success of Palm Jumeirah, which has become Dubai’s most popular area for luxury homes, Palm Jebel Ali will also have a strong investment appeal for HNWIs and UHNWIs. 

Palm Jebel Ali is attracting a new set and segment of buyers to the market. Palm Jebel Ali is in the same business corridor where Dubai South and Al Maktoum International Airport are located. This corridor is going to be the biggest transportation and logistics hub connecting all the three modes of transportation in Dubai which is road, sea and air transportation.