Palm Jebel Ali: The New Palm of Dubai

• 2002 - The launch of the magnificent Next Palm of Dubai, Palm Jebel Ali by the renowned real estate developer, Nakheel Properties. 
• 2008 - The construction of the island was set to be completed by mid-2008, but the global financial crisis of 2008 heavily impacted the construction of Palm Jebel Ali and the entire real estate of Dubai, leading to a halt in the development of the island.
• 2009 - The Dubai Land Department (DLD) investigated the complaints against  Nakheel for stalling the development of Palm Jebel Ali, but the latter offered residences in other projects to the investors.
• 2011 - The developer Nakheel offered refunds to the property investors.
• 2014 - Regarding the stalled Palm Jebel Ali project, 74 owners of Palm Jebel Ali wrote to the Ruler of Dubai via the Ruler's Court.
• 2015 - Nakheel’s Chairman assured that they will remain committed to the project and urged the original investors to tell them the way to solve their problems.
• 2018 - The CEO of Nakheel acknowledged that there are no immediate plans to restart the development of Palm Jebel Ali.
• 2021 - Nakheel announced that they are planning to restart the construction of the island and are considering building villas on the development.
• 2022 - The developer announced a rebranding exercise and disclosed its plans to relaunch the Palm Jebel Ali. The same year, Nakheel also tried to refund the original investors.
• 2023 - A major turning point came when Dubai’s ruler, Sheikh Mohammed bin Rashid Al Maktoum, announced the relaunch of the project. A completely new master plan was launched, confirming it would be twice the size of Palm Jumeirah. 
• 2024 - Finally, after many challenges and waiting for years, the project was relaunched, and the first properties are set to be delivered by Q1 2028.

Palm Jebel Ali is located on the coast of Jebel Ali near the Abu Dhabi border, close to Expo City Dubai, Dubai Industrial City, and Jebel Ali Free Zone. The Al Maktoum International Airport is geographically situated at a distance of approximately 30 minutes by car, therefore offering smooth commutation connections for local and international travelers. The island is located in proximity to the Mina Jebel Ali and just a 17-minute drive from the Logo Islands.

There is another waterfront villa community, Veneto by Nakheel, from where one can get clear views of this island. This project is a part of the Dubai 2040 Urban Master Plan, wherein the future provisions include the development of public transport stations within a maximum distance of 800 metres, offering seamless connectivity from the residential areas. Palm Jebel Ali is 40 minutes away via the Sheikh Zayed Road (E11) from the prime location of Dubai, Downtown Dubai, home to several enthralling attractions such as Burj Khalifa, Dubai Mall, and the Dubai Fountain.

Connectivity-wise, Palm Jebel Ali has access to the backbone of Dubai, the Sheikh Zayed Road (E11), flawlessly connecting the island to major locations in Dubai. Furthermore, Nakheel is planning to make a direct bridge from Palm Jebel Ali, which will connect to the Sheikh Zayed Road (E11), ensuring seamless connectivity. A future metro connectivity and water transport, 15 minutes from Dubai Marina, close to Expo City, Jebel Ali Port, and Dubai Industrial City, so connectivity-wise, this is an amazing place because Dubai's government is majorly focusing to route their entire traffic from the Old Dubai or this part of Dubai to the New Dubai or Dubai South.

Nakheel is the master developer of this island and is a leading Dubai-based developer responsible for iconic projects like the World Islands and now Palm Jebel Ali. Palm Jebel Ali is part of the three Palm projects in Dubai alongside Palm Jumeirah and Dubai Islands. Nakheel is also backed by the Dubai government, ensuring high-quality infrastructure and long-term commitment.

Palm Jebel Ali is anticipated to cover a total area of around 13.4 square kilometers, which is double the size of Palm Jumeirah. 

The master plan of Palm Jebel Ali includes:

• 7 interconnected islands
• 16 residential Fronds
• More than 80 luxury hotels
• 35,000 residential units, including villas, townhouses, and apartments
• 110 km of coastline, including 91 km of beachfront, 5.5 km dedicated to green and open spaces, private beaches, boardwalks, cycling, clubs, and nightlife.

These real estate offerings have gained significant attention from investors worldwide. The project includes the construction of 723 luxury villas across six fronds of the beach and coral collection, which are priced between 20 million and 50 million dirhams.

Expected growth of investment

Comparison of Average Prices in Palm Jumeirah

The growth in Palm Jumeirah from 2013 to 2025, as evident from the table, is over 350% in 12 years. Palm Jebel Ali is expected to follow a similar trajectory. It's twice the size of Palm Jumeirah with modern infrastructure, and in only the early phase, there is a high potential for growth and ROI. 

So, the investment potential in Palm Jebel Ali is very high. High demand for luxury waterfront properties, competitive pricing compared to Palm Jumeirah, backed by Nakheel, a government-owned master developer, creates opportunities for early investors to benefit from capital appreciation.

Palm Jebel Ali or the New Palm is simply not just another development by Nakheel, but a master development planned by the leading government-backed developer, Nakheel Properties. This island will not just provide residences for the people, but will create an arena supported by world-class amenities and facilities, bestowing a luxurious livelihood surrounded by the astonishing views and the melodious sounds of the shimmering waters.

For investors as well, Palm Jebel Ali is nothing short of a once-in-a-lifetime opportunity, which can help them earn good returns and capital appreciation on their properties.