His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has announced a significant transformation for Palm Jebel Ali.
Developed by Nakheel, the Palm Jebel Ali project is part of Dubai's ambition to become "The Most Beautiful City in the World," according to Sheikh Mohammed. Dubai 2040 Urban Master Plan represents the 7th development plan for Dubai since 1960. During the time, Dubai's population has increased by 80 times, from 40,000 in 1960 to 3.3 million in 2020. The urban and built-up area of the Dubai has also expanded, growing by 170 times from 3.2 square kilometers.
Under Dubai’s 2040 Urban Master Plan, Palm Jebel Ali will be built to accommodate more than 80 hotels and resorts, extending the Dubai’s coastline by 110 kilometers. This plan aims to achieve sustainable urban development in Dubai while enhancing the well-being and overall quality of life for its people. The goal of Dubai’s 2040 Urban Master Plan is to solidify city’s position as a global destination for citizens, residents, and visitors over the next two decades. It brings together existing urban development master plans in Dubai, aligning them with strategic economic and future requirements.
This man-made island off the coast of Dubai similar to Palm Jumeirah showcases remarkable engineering and architectural design, taking into account environmental considerations to protect nearby marine habitats.
Palm Jebel Ali is set to become home to more than 35,000 families upon completion, offering luxurious beachside living and a wide range of entertainment and leisure facilities.The project's contribution to Dubai's tourism sector will be special, with its luxurious resorts, hotels, and entertainment facilities.
A diverse range of transportation options will be central to the services available to residents, visitors, and local communities.
Additionally, it will create numerous job opportunities, thereby boosting the local economy.
Dubai Real Estate Market will be hugely impacted by this project adding more work and supply to the market with attracting investors, developers & brands.
Palm Jebel Ali under Dubai's 2040 Urban Master Plan has put a significant step towards sustainable urban development and enhancing the overall quality of life in Dubai. With its ambitious vision of becoming the most beautiful city in the world, Dubai aims to solidify its position as a global destination for residents, citizens, and visitors over the next two decades. This marvel, Palm Jebel Ali represents a remarkable marvel that is set to captivate global attention.