Palm Jebel Ali

Located about a 30-minute drive from the Palm Jumeirah, is the second palm island the Palm Jebel Ali. The development of this island has been stalled for a very long time, but this is now being picked up again. This area will be inhabited mainly by wealthy migrants and tourists.

General information

Palm Jebel Ali is one of Dubai's impressive man-made islands, part of the famous Palm Islands development. This ambitious project, started in 2002, was designed to significantly expand Dubai's coastline and create a luxury residential, tourist and recreational destination. Palm Jebel Ali stands out for its larger scale compared to its better-known counterpart, Palm Jumeirah.

However, the project came to a halt during the 2008 global financial crisis. Construction was then largely suspended, leaving the island largely unused for years. This prolonged stoppage led to much speculation about the future of Palm Jebel Ali. Only in recent years have there been signs of renewed interest and activity, with plans to revive the project and realize its original vision of a luxury and exclusive destination.

Despite setbacks and years of stagnation, Palm Jebel Ali remains a symbol of Dubai's large-scale ambition and innovative thinking. With the revival of construction and new investment in infrastructure, there is hope that Palm Jebel Ali will finally reach its potential and make a significant contribution to Dubai's attractiveness and economic success.

The first projects on the Palm Jebel Ali have now been launched and availability is going very fast.

ROI and capital appreciation

The returns and appreciation in value on the Palm Jebel Ali will be relatively good. This is because of its great waterfront location and exclusivity. However, we do believe that the prices will be bet way too high when compared to the few facilities in this part of Dubai. The villas are going to generate the best returns in this area. It is recommended that the properties be rented out short-term. The villas will be sold from a price of € 2,500,000.

Off-plan 

New construction in this region will experience an increase in value between 10% and 30% during the construction phase, which is usually 3 years. Net rental returns on the initial investment will be between 7% and 9%. After completion, value appreciation in this area will be around 5% per year.

Ready built 

Existing construction in this area will experience an increase in value of around 5%.

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