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SOLD OUT: Massive Crowd Gathers For A Piece Of The Upcoming Palm Jebel Ali
The real estate game is on fire here in Dubai! Need proof?
Huge crowds gathered outside the Nakheel Sales Centre on the morning of Wednesday, September 20 for the launch of Nakheel’s Palm Jebel Ali Villa project
The cheapest villa was priced at a whopping AED 18 million, but Dubai real estate agents and clients were confident about its success this time around. As explained by the large crowds.
The Palm Jebel Ali Project has been put back into action after a long season of doubt
After its initial reveal back in 2008, the project had come to a halt in 2009 following the global financial crisis.
In May 2023, The ruler of Dubai HH Sheikh Mohammed bin Rashid Al Maktoum renewed public interest for this project.
As part of the Dubai 2040 Urban Master Plan, Palm Jebel Ali is set to be one of a series of projects being undertaken by Nakheel. It will be a brand new playground, spanning twice the area of Palm Jumeirah, home to luxury real estate, hotels and leisure facilities.
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. @HHShkMohd: We reaffirm our commitment to achieve the goal of the Dubai Economic Agenda to double the size of the city’s economy by 2033. Each day, we add a crucial component to the blueprint to build the world’s greatest city. pic.twitter.com/TpooXBPDvR
— Dubai Media Office (@DXBMediaOffice) May 31, 2023
The massive crowds outside Nakheel on the launch day are proof of Dubai’s real estate bounce-back
They sold out on the very first day too!
With 80 new hotels and resorts (ATLEAST), luxurious beachfront properties, and the tag of being an iconic man-made wonder… this promising project is definitely something to look forward to.
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