---
title: "Palm Jebel Ali: timeline, budget and the effect on prices"
canonical: https://www.uaepropertyagents.com/atlas/projects/palm-jebel-ali
markdown: https://www.uaepropertyagents.com/md/atlas/projects/palm-jebel-ali.md
type: atlas
description: "Palm Jebel Ali is a Nakheel island development whose new masterplan was approved by Sheikh Mohammed bin Rashid, as announced on 31 May 2023. The plan covers 13.4 square kilometres, adds about 110 kilometres of coastline and includes more than 80 hotels and resorts. It is intended to house approximately 35,000 families."
updated: 2026-11-12
publisher: "UAE Property Agents (Omnia)"
language: en-GB
usage: "You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting."
---

# Palm Jebel Ali

> Palm Jebel Ali is a Nakheel island development whose new masterplan was approved by Sheikh Mohammed bin Rashid, as announced on 31 May 2023. The plan covers 13.4 square kilometres, adds about 110 kilometres of coastline and includes more than 80 hotels and resorts. It is intended to house approximately 35,000 families.

| Fact | Value |
| --- | --- |
| Status | New masterplan approved (announced 31 May 2023); developed by Nakheel, construction progress tracked on Nakheel's site |
| Type | master-plan |
| Emirate | dubai |

## Timeline

- 31 May 2023: Sheikh Mohammed bin Rashid approves new masterplan for Palm Jebel Ali. [Dubai Media Office](https://mediaoffice.ae/en/news/2023/may/31-05/mohammed-bin-rashid-approves-new-futuristic-masterplan-for-palm-jebel-ali).

## Key facts

- **Area**: 13.4 square kilometres, twice the size of Palm Jumeirah. [Dubai Media Office](https://mediaoffice.ae/en/news/2023/may/31-05/mohammed-bin-rashid-approves-new-futuristic-masterplan-for-palm-jebel-ali).
- **Coastline**: Approximately 110 kilometres of coastline added to Dubai. [Dubai Media Office](https://mediaoffice.ae/en/news/2023/may/31-05/mohammed-bin-rashid-approves-new-futuristic-masterplan-for-palm-jebel-ali).
- **Hotels**: Over 80 hotels and resorts. [Dubai Media Office](https://mediaoffice.ae/en/news/2023/may/31-05/mohammed-bin-rashid-approves-new-futuristic-masterplan-for-palm-jebel-ali).
- **Households**: Beachside homes for approximately 35,000 families. [Dubai Media Office](https://mediaoffice.ae/en/news/2023/may/31-05/mohammed-bin-rashid-approves-new-futuristic-masterplan-for-palm-jebel-ali).
- **Renewable energy**: As much as 30% of energy requirements to be obtained from renewable sources. [Dubai Media Office](https://mediaoffice.ae/en/news/2023/may/31-05/mohammed-bin-rashid-approves-new-futuristic-masterplan-for-palm-jebel-ali).
- **Plan alignment**: Part of the Dubai 2040 Urban Master Plan, developed by Nakheel. [Dubai Media Office](https://mediaoffice.ae/en/news/2023/may/31-05/mohammed-bin-rashid-approves-new-futuristic-masterplan-for-palm-jebel-ali).

## Areas affected and nearby

Areas a source places on or beside the project, or within 5 km of a mapped point. Each change compares the average of everything registered in one period with the period before. It moves with the mix of homes sold as well as with prices, so it is not like-for-like growth.

| Area | Why it is listed | Price per sq ft, 12 months | Price per sq ft, 3 years | New-contract rent, 12 months |
| --- | --- | --- | --- | --- |
| [Palm Jebel Ali](https://www.uaepropertyagents.com/atlas/areas/palm-jebel-ali) | The project area itself | +21.6% | +17.8% |  |

Changes: Source: Property Finder, from Dubai Land Department records.

## Questions and answers

### What is the status of Palm Jebel Ali?

New masterplan approved (announced 31 May 2023); developed by Nakheel, construction progress tracked on Nakheel's site.

### Which areas are near Palm Jebel Ali?

Palm Jebel Ali.

## Sources

- [Dubai Media Office: Mohammed bin Rashid approves new futuristic masterplan for Palm Jebel Ali](https://mediaoffice.ae/en/news/2023/may/31-05/mohammed-bin-rashid-approves-new-futuristic-masterplan-for-palm-jebel-ali), read 12 November 2026
- [Khaleej Times: Dubai: Sheikh Mohammed announces new Palm Jebel Ali project, twice the area of iconic Palm Jumeirah](https://www.khaleejtimes.com/travel/uae-attractions/dubai-sheikh-mohammed-announces-new-palm-jebel-ali-project-twice-the-area-of-iconic-palm-jumeirah), read 12 November 2026
- [Nakheel: Palm Jebel Ali](https://www.nakheel.com/en/developments/nakheel-collections/palmjebelali), read 12 November 2026

## How the atlas is built

- Every figure is copied as published by a named source, with its link, the period it covers and the date we read it. Nothing is estimated, interpolated, averaged or rounded.
- Dubai price, rent and change figures come from Property Finder's transaction pages, which publish averages of Dubai Land Department registered sales and tenancy contracts for the last 3 months, 6 months, 12 months and 3 years, with a change against the period before.
- Abu Dhabi, Sharjah and Ras Al Khaimah figures come from Bayut's asking-price index: advertised prices, not completed sales, which usually sit above transaction prices.
- ValuStrat readings are valuation-based and appear only where the press reported a community by name.
- Sources measure different things. Compare areas within one source and one period, never across sources.
- Projects and regeneration zones come from official releases where we could read them, otherwise from The National, Khaleej Times or Gulf News. A project is listed against an area when a source places it there, or when its mapped point is within 5 km of the area's point.
- Price effects of projects are published claims, attributed to the publisher. The atlas never says that a project caused a price change.

Area, station and project points are from OpenStreetMap contributors, under the Open Database Licence. Base map tiles are from Esri. Property Finder figures are Property Finder's published aggregates of Dubai Land Department records, quoted as headline figures with a link to each page. Map data © OpenStreetMap contributors, ODbL: https://www.openstreetmap.org/copyright.

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Source page: https://www.uaepropertyagents.com/atlas/projects/palm-jebel-ali. Published by UAE Property Agents, Omnia Capital Group. You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting.