A view of the Palm Jebel Ali residential units.
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.
Nakheel, the Dubai-based world-leading real estate master developer, has launched one of its most visionary projects,
The purpose of this visit was to provide insights into Dubai Customs’ experience in fostering new ideas and innovations, ultimately contributing to economic growth and ensuring community welfare in the UAE.
Trade between the two nations has existed for decades and continues to deepen with the signing of the UAE-India Comprehensive Economic Partnership Agreement (CEPA) in February 2022.
Known as a leading high-end real estate developer shaping the landscape of Dubai, and in particular Frond G on the Palm Jumeirah, Alpago Properties has now just recorded the biggest villa sale in the UAE’s real estate sold through their exclusive broker B1 Properties and was designed by SOATA and CK Architecture.
Keolis, a global leader in shared mobility solutions, is proud to announce its participation as an exhibitor at the MENA Transport Congress and Exhibition (MTCE), opened on Wednesday in Dubai. The 3-day event attracted a huge number of global companies and stakeholders to
His Highness Sheikh Saud Bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, affirmed that the aviation industry is a fundamental pillar for achieving comprehensive development and a vital tributary for promoting economic growth and building a better and
Dubai International Chamber (DIC), one of the three chambers operating under the umbrella of Dubai Chambers, successfully enhanced growth and expansion opportunities for companies operating in the emirate by organising more than 1,800 bilateral business meetings during 2023
The UAE Ministry of Economy, in collaboration with Crescent Enterprises and Gulftainer, launched a report titled ‘Trade 2050: A Private Sector Perspective’ during The World Trade organisation’s 13th Ministerial Conference from Feb.26th to 29th, 2024 at the Abu Dhabi National Exhibition