INSIGHTS & TIPS
Palm Jebel Ali — Island with Premium Residences
18th September 2023
Palm Jebel Ali — Island with Premium Residences
An artificial archipelago of Palm Jebel Ali is the long-awaited and highly anticipated project by Nakheel Properties, who is also the creator of the iconic Palm Jumeirah. Palm Jebel Ali will be twice the size of Palm Jumeirah, with an area of over 144M sq. ft, and it will also add 110 km to the coastline of the emirate. Here you will find over 80 hotels and resorts, and the project will become home to over 35K people.
Palm Jebel Ali is a futuristic development. It’s inspired by the visionary of Sheikh Mohammed Bin Rashid Al Maktoum, the Vice President of the UAE, Prime Minister of the UAE and the Ruler of Dubai. As he said, Palm Jebel Ali will strengthen the urban infrastructure and consolidate the emergence of Dubai as one of the leading metropolises in the world. Villas on the man-made island are planned to be completed in 2027.
As of Q3 2023, the residences that are available for sale include stunning waterfront villas, located on the fronds of Palm Jebel Ali. The Beach Collection includes 5-bedroom villas called Provence, Indigo Ocean, Azure Blue and Mediterranean, as well as 6-bedroom Blue Horizon, Sapphire, Acquamarina and Tropical Mist villas. The Coral Collection offers 7-bedroom villas in types such as Hibiscus, Coral Living, Red Aurora, Porcelain Roses, Cranberry Sky, Terracotta, Redwood and Ruby Sunset.
Each exclusive residence will feature a family room, a maid’s room, a driver’s room, balconies from each bedroom, a roof terrace, an internal lift and a garage. An office/study is also present in certain residences.
A great number of premium entertainment and leisure destinations will be located on Palm Jebel Ali. The most long awaited project is MOON Dubai, which will sit on the top of the archipelago and will feature over 500 luxury residences, a 6-star and a 5-star hotel, the Lunar Colony and the Lunar Surface. Travel time to Dubai Marina will take half an hour by car, while Downtown Dubai will be accessible within a 40-minute drive.
Palm Jebel Ali is a perfect option for permanent living or as an investment, as residences here will be in high demand among tourists and residents of Dubai. You will be able to rent properties out for both short or long-term periods of time. Another option is to resell the units and get a 15–20% profit.
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