Indus Real Estate - News Details

Indus Real Estate | 137396482

Palm Jebel Ali, which is twice the size of Palm Jumeirah, will represent a significant milestone in Dubai's growth as a premier global lifestyle destination. Dubai's Vice President and Prime Minister, Mohammed bin Rashid, expressed his commitment to delivering innovative and world-class lifestyle destinations that solidify Dubai's position as the best city in the world to live, work, and visit. The ambitious Palm Jebel Ali project is a part of the Dubai 2040 Urban Master Plan and aligns with the Dubai Economic Agenda D33, aimed at establishing Dubai as a top city for business and tourism.


Under the approval of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Palm Jebel Ali's futuristic development masterplan was given the green light. Nakheel, a leading Dubai-based real estate master developer, is undertaking this visionary project as part of their series of transformative projects. Present during the approval were other prominent figures such as His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum and His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum.


Sheikh Mohammed bin Rashid emphasized Dubai's dedication to enhancing its urban infrastructure and establishing itself as a leading global metropolis. The Palm Jebel Ali project reflects Dubai's strategic development plan, which focuses on improving the quality of life and happiness of its residents. Sheikh Mohammed highlighted Dubai's commitment to embracing innovation and creativity, leveraging global opportunities, and solidifying its reputation as a thriving business and tourism hub.


Palm Jebel Ali's urban expansion showcases Dubai's economic vitality and its role as a hub for talent and investment. The project will contribute to Dubai's sustainable development by creating new avenues for growth across various sectors. His Highness Sheikh Ahmed bin Saeed Al Maktoum, His Highness Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, and Mohammed Ibrahim Al Shaibani were present during the approval of the masterplan.


Palm Jebel Ali will redefine waterfront living on a global scale, offering an extensive array of luxury lifestyle amenities for residents, families, and visitors. It will support Dubai's objective of consolidating its position as a top city for business and tourism, while also introducing a new growth corridor in the Jebel Ali area. Spanning an impressive 13.4 square kilometers, twice the size of Palm Jumeirah, Palm Jebel Ali will provide abundant green spaces and unique waterfront experiences. The project will add approximately 110 kilometers of coastline, offering unrivalled luxury beachside living for around 35,000 families.


With over 80 hotels and resorts, as well as a wide range of entertainment and leisure facilities, Palm Jebel Ali will contribute significantly to Dubai's tourism sector. Additionally, it will establish the archipelago as an aspirational residential destination within the city. Mohammed Ibrahim Al-Shaibani expressed his honour to be part of the ground-breaking journey of Palm Jebel Ali, which will elevate Dubai's growth and position it as a thriving, sustainable waterfront community and a world-class lifestyle destination.


In accordance with the Dubai 2040 Urban Master Plan, Palm Jebel Ali will enhance the emirate's urban infrastructure and facilities, increase beach destinations, support sustainable development, and accommodate the projected population growth to approximately 5.8 million by 2040. The project will incorporate contemporary urban planning practices, smart city technologies, and sustainability measures, ensuring it becomes a global benchmark for waterfront living. Palm Jebel Ali's design prioritizes sustainability, with plans to integrate renewable energy resources into its infrastructure, making it nearly self-sufficient in terms of power generation. As much as 30% of the project's energy requirements will be obtained from renewable sources.


SOURCE: Media Office

(RPN: 63969)