Palm Jebel Ali

The Palm Jebel Ali is an artificial archipelago in Dubai, United Arab Emirates which began construction in October 2002, was originally planned to be completed by mid-2008 and has been on hold since.The project, which is 50 percent larger than the Palm Jumeirah, is proposed to include six marinas, a water theme park, 'Sea Village', homes built on stilts above the water, and boardwalks that circle the "fronds" of the "palm" and spell out an Arabic poem by Sheikh Mohammed bin Rashid Al Maktoum:

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Palm Jabel Ali

For the past three years since the global financial crisis dealt a fatal blow to the Dubai real estate bubble the Palm Jebel Ali has been an unmissable reminder of the Vision of Dubai gone wrong.
From the air you can see the tops of the first fronds eroding in the sea. From the shoreline you can see the abandoned work on the highway that was to sweep into this huge manmade island, several times bigger than the mainly completed and world famous Palm Jumeirah.

Palm Jebel Ali In Dubai

House prices on the Palm Jebel Ali, second largest of Nakheel’s palm-shaped islands, have fallen by as much as 40 percent in the last two months as the global financial crisis sees foreign investors move to liquidate assets in Dubai, according to three Dubai-based real estate agents.

“I never expected [prices on the Palm Jebel Ali] would have come back so quickly and by so much,” said Jeroen Van Der Geer, partner at AA Properties in Dubai. “We are back to a level of one and a half to two years ago.”

The global financial crisis has hit demand from foreign investors, which make up a large percentage of property buyers in Dubai, while tightening liquidity has made home financing more difficult, agents said.

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Palm Jebel Ali Tour

The Palm Jebel Ali is an artificial archipelago in Dubai, United Arab Emirates which began construction in October 2002, was originally planned to be completed by mid-2008 and has been on hold since.The project, which is 50 percent larger than the Palm Jumeirah, is proposed to include six marinas, a water theme park, 'Sea Village', homes built on stilts above the water, and boardwalks that circle the "fronds" of the "palm" and spell out an Arabic poem by Sheikh Mohammed bin Rashid Al Maktoum.


The breakwater was completed in December 2006, and infrastructure work began in April 2007. Major construction will not begin until most of the infrastructure work is complete. Following the financial crisis of 2008 work has been suspended and the developers, Nakheel, have confirmed no work would take place on the development in the near future.

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