Nakheel is now looking for construction firms to conclude Palm Jebel Ali

Nakheel, a local developer, has asked contractors to complete the project of reclaiming the land for the Palm Jebel Ali in Dubai.

With respect to size, the Palm Jebel Ali is around three times that of the Palm Jumeirah. Therefore, it gives Dubai a lot more land along the water that can be used for development purposes. However, using Palm Jumeirah as a template might take approximately 20 years to be regarded as completely developed.

Nakheel has been clear about its plans for the waterfront. It got AED17 billion ($4.6 billion) in funding in November 2022, which it stated it would use to speed up the building of its future initiatives, such as Dubai Islands, as well as other sizable waterfront developments.

Palm Jebel Ali Project – More Details

The scheduled dredging deal is expected to consist of 5–6 million cubic meters of material that will be employed to finish the man-made offshore island, which is south of Jebel Ali Freezone.

Most of the work to fix up Palm Jebel Ali is done. In 2006, Sultan Ahmed bin Sulayem, who was the executive chairman of Nakheel at the time, told MEED, “Major reclamation on Palm Jebel Ali is 95 percent completed, with the remaining 5 percent due for completion in the coming weeks. Construction of the breakwater, which surrounds the island, is 98 percent completed.”

Even before reclamation work was done, the venture was put on the shelf in 2009. However, from images taken by satellites, it is clear that 3 of the fronds that contribute to making the island are not finished.

Before the project was shelved, most of the initial reclamation and dredging task on the island was done. Jan de Nul of Belgium was the initial person to work on these projects.

The island’s infrastructure has also been done to an extent. In 2007, the South Korean company Samsung C+T was granted a contract worth about $350 million to build bridges on the artificial island. However, the development work stopped in 2009. In 2011, work got back on track, and Samsung finished building two bridges in the northern part of the island.

For all the latest real estate news, Investment Opportunities in Dubai, and business news from the UAE, follow us on Twitter and LinkedIn, like us on Facebook, and subscribe to our YouTube Channel, which is updated daily.