VIDEO: Massive crowds turn up at Nakheel's headquarters to book villas at Dubai’s Palm Jebel Ali
- 20 Sep 2023
Melhem Al Zubaidi, Staff Reporter
The first day of booking villas in Palm Jebel Ali, Dubai, witnessed a large turnout at Nakheel's headquarters in Al Sufouh, near Palm Jumeirah.
Sources revealed that they are expecting to run out of all units quickly.
This came after the Dubai-based real estate developer Nakheel had announced its first villas available for purchase on Palm Jebel Ali Island on Monday.
This announcement follows the recent release of a futuristic masterplan by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai earlier this year.
Nakheel offered units to VIPs earlier, gathering hundreds of brokers on Monday to launch sales of the first phase of Dubai's Palm Jebel Ali project, which includes a range of 5-7 bedroom villas with starting from Dhs18.5 million ($5 million).
Nakheel has introduced competitive payment plans, as this phase’s hand over is scheduled to start in 2027.
Palm Jebel Ali, spanning 13.4 square kilometers, boasts the longest coastline in Dubai and is strategically located within the city’s future growth center. It will feature seven islands and 16 fronds, adding a total of 91 kilometers of beachfront, along with over 80 hotels, resorts, and unique retail and dining experiences.
