Properties for Sale in Palm Jebel Ali

Palm Jebel Ali is a second similar upscale project which resembles its predecessor - famous Palm Jumeirah. It is located close to Jebel Ali Port, 50 km from Downtown Dubai. Like Palm Jumeirah it is an artificial island shaped as a palm with luxury premium-class Palm Jebel Ali property for sale. Below we will give a short description of the local real estate market and its main highlights.

Overview

The area will be a home to numerous new hotels and villa communities. It is still under construction but when finished will be able to house more than 30,000 families. It is expected to be twice the size of its predecessor Palm Jumeirah. Developer - Nakheel Properties. Plan of the project was personally overseen and approved by His Highness Sheikh Mohammed bin Rashid Al Maktoum.

Palm Jebel Ali is part of Dubai Economic Agenda D33. It is an elite residential area with luxury premium-class villas equipped with a wide range of amenities to create an upscale living experience. Residents get access to a lot of various leisure facilities, including tennis courts, gyms, playgrounds, fitness centers, yoga studios, and waterfront activities.

The size of the man-made island is 13,4 sq. km. It is part of the Dubai 2040 Master Development Plan and fulfills its requirements. The demand for off-plan real estate is very high. Brokers literally stood in lines to acquire sought-after properties for rich and successful clients (including celebrities) from all around the world. The first launch closed with all villas being sold out in a matter of days

The Area

Palm Jebel Ali consists of 7 interconnected islands that will have 80 high-end hotels and luxury resorts. The project will add 110 km of coastline to Dubai’s waterfront. It is part of the strategy to increase public beaches by 400% by the year 2040. One of the highlights of the project is its focus on the renewable energy sources that will generate about 30% of energy needed for public facilities. 

It is forecasted that Palm Jebel Ali district will be pedestrian-friendly and include bicycle tracks and jogging lanes. The emphasis will be on adding a lot of green zones, gardens and parks to the area and creating a sustainable environment. 

Jebel Ali Property for Sale

Property for sale in Jebel Ali for now consists of two signature villa collections that have been recently launched - The Beach Collection and Coral Collection. Each villa in the collection is unique and has something special about it, they all differ in size, design, and floor planning. High demand, limited offer, and potentially huge ROI affect the prices. Let’s take a look at the average costs:

• 5-Bed - 18,514,000
• 6-Bed - 19,923,000
• 7-Bed - 33,254,000

Additional Information

Local amenities are not yet complete, since the project is now in the active development phase. But when completed the district will be a home to numerous shops, schools, restaurants, cafes, resorts, gyms, beach clubs and community centers. Future residents will find everything they need for comfortable life easily accessible and situated nearby. WIthout any doubt, buying Jebel Ali properties is definitely a great investment for a better future.