Page 40 - AAE PR REPORT December 2023
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12/21/23, 10:17 AM UAE 2023: A year in review - Arabian Business
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The launch of the Palm Jebel Ali was announced in September. It reignited frenzied
demand for luxury real estate in Dubai, with hundreds of agents queuing outside the
Nakheel sales centre within the first few days of the announcement as they were looking to
procure properties on the man-made island.
The waterfront villa project offers two options — coral and beachfront villas — with prices
starting at AED18 million. Expected to house over 35,000 families and 80 hotels across
110km of coastline by its 2027 completion, Palm Jebel Ali presents a premier opportunity
for investors seeking property within Dubai’s thriving market.
UAE’s most expensive penthouse sells for AED500 million
https://www.arabianbusiness.com/politics-economics/uae-2023-a-year-in-review 11/15
