HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today (May 31) approved the new futuristic development masterplan of Palm Jebel Ali.
Part of the Dubai 2040 Urban Master Plan, Palm Jebel Ali is one of a series of visionary projects being undertaken by UAE master developer Nakheel.
Palm Jebel Ali will raise the global benchmark in waterfront living and offer an exceptional breadth of luxury lifestyle amenities for residents, families and visitors, supporting the objective of the Dubai Economic Agenda D33 to consolidate Dubai’s status as one of the world’s top cities for business and tourism, reported Wam.
The project also marks the beginning of a new growth corridor in the Jebel Ali area, underlining the expansion of the emirate, it stated.
Unveiling the masterplan, Sheikh Mohammed said: "We have vast ambitions for the future and are confident that we can transform our grand vision for development into reality. Palm Jebel Ali will further strengthen our urban infrastructure and consolidate the city’s emergence as one of the world’s leading metropolises."
"This new groundbreaking project reflects our strategic development plan centred on raising the quality of life and happiness of residents," he noted.
According to him, Dubai has entered a new phase of development driven by innovation and creativity.
"By taking advantage of the opportunities arising from the evolving global environment, Dubai’s competitiveness and reputation as a thriving global business and tourism hub continue are set to grow further. We remain committed to shaping a brighter future both for our people and the world," he added.
"The urban expansion that Palm Jebel Ali represents is a testament to Dubai’s economic dynamism. It also signifies Dubai’s exceptional outlook as a hub for talent and investment. The project will contribute to Dubai’s sustainable development by opening new avenues for growth in several sectors," he stated.
Spanning an area of 13.4 sq km and occupying an area twice the size of Palm Jumeirah, Palm Jebel Ali will feature extensive green spaces and unique waterfront experiences.
The project will add approximately 110 km of coastline to Dubai that will provide approximately 35,000 families with unrivalled luxury beachside living, said the Wam report.
Palm Jebel Ali will also feature more than 80 hotels and resorts, and a wide choice of entertainment and leisure facilities that will contribute to Dubai’s tourism sector, while distinguishing the archipelago as an aspirational residential destination in the city, stated the report.
The unveiling ceremony was also attended by Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, and Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai, it added.