Set to become a resort-like lifestyle destination, Palm Jebel Ali is an artificial archipelago located in the south of Jebel Ali Free Zone. This is a sensational development by Nakheel Properties, who is famous for the iconic Palm Jumeirah island. According to HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, Palm Jebel Ali is the most sensational project in the city in the past decade, as Palm Jebel Ali is now Dubai’s largest island.
It is worth noting that the size of Palm Jebel Ali is double that of the 460-hectare Palm Jumeirah. Upon completion, it will house 7 islands and 16 fronds. When living here, you will be able to enjoy absolute serenity, surrounded by pristine white beaches and luscious greenery.
The fantastic development will impress residents and visitors alike with the emirate’s longest coastline of 68 miles, where a myriad of world-class amenities will be found. Among the communal offerings are recreation zones, aqua sports facilities, cycling and pedestrian tracks, beach camping areas and family spaces, which are perfect for a fun-filled day with your friends and family. The island will house more than 80 resorts and hotels, in addition to F&B and leisure venues.
In line with the Dubai 2040 Urban Master Plan, the developer will use smart home technology and sustainable practices to minimise the environmental impact of Palm Jebel Ali. For instance, up to 30% of its energy will be generated from renewable sources, making the eco-friendly island largely self-sufficient.
Palm Jebel Ali will be a serene sanctuary located minutes away from the busy city. Thanks to Sheikh Zayed Road, you will be able to reach any part of Dubai easily.
The island is located just a 15-minute drive away from Dubai Marina, which is one of Dubai’s most popular tourist destinations.
Michael R. Henderson, the co-founder of a Canadian architectural company, is planning to construct a sensational 900-foot replica of the moon atop a 100-foot building on Palm Jebel Ali. Called MOON, the extraordinary USD 5B development will house a 4,000-room hotel, an arena with the capacity to hold 10,000 people, and the authentic Lunar Colony.
In addition, there will be a boutique 6-star hotel, a Private Member’s Club, a spa, a night club, a ‘moon shuttle’ and training services. One can also become a property owner in the MOON, as the development will offer 500 luxury apartments and 300 lavish Sky Villas.
According to Michael R. Henderson, the MOON is set to become the MENA region’s biggest and most successful tourism development. It is expected to double annual tourism visits to Dubai due to the global appeal and unique offerings. The MOON will be able to easily accommodate 10 million guests annually.
*The price is valid for 2023
Palm Jebel Ali is expected to accommodate 35,000+ families upon completion. It will be perfect for those who want to enjoy ultimate beachside living with a wide selection of leisure and entertainment facilities.
There is a consistent demand for high-spec waterfront properties in Dubai, owing to an inflow of wealthy individuals who choose the emirate as their second home. Judging by 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.
That said, according to Bayut & dubizzle, in Q1 2023, the price per sq. ft for apartments on Palm Jumeirah grew by a thumping 8.7% as compared to Q4 2022. Currently, the average cost per sq. ft on Palm Jumeirah stands at AED 2K (USD 544). Such a surge in the property value is attributed to a shortage of high-end beachfront units in Dubai, and real estate on Palm Jebel Ali will help to meet the demand.
The project will create numerous job opportunities in the new resorts, hotels, etc. Thanks to the development’s unique offerings, such as the MOON described earlier, short-term rental properties here will be in strong demand among visitors to Dubai.
*The price is valid for 2023
As part of the first phase, the lavish island will present 2 collections of limited-edition villas: The Beach Collection and The Coral Collection. Both of them have palatial residences in 8 distinctive styles. In addition, you can buy villa plots. Reflecting the azure waters, these villas are spread out across 4 fronds.
The bedroom configuration will range from 5 to 7, whilst the total size stands at 7,000-20,000 sq. ft. You will be able to enjoy a tropical atmosphere from the comfort of your home, as each residence boasts direct beach connectivity. The key features of the open-plan layouts include a private swimming pool, a garden, a maid’s room, a driver’s room, a study, a garage, terraces, a roof lounge and more.
As of September 2023, the initial cost for a palatial property on Palm Jebel Ali is AED 18M (USD 4.9M).
*The price is valid for 2023
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