His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, approved the new futuristic development masterplan of Palm Jebel Ali. Palm Jebel Ali is one of a number of innovative initiatives being carried out by world-renowned Dubai-based real estate master developer Nakheel as part of the Dubai 2040 Urban Master Plan.
The masterplan was approved in the presence of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance, and H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai.
His Highness Sheikh Mohammed bin Rashid said Dubai will continue to innovate and deliver world-class lifestyle destinations that enhance its status as the globe’s best city to live, work and visit. “We have vast ambitions for the future and we 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.”
His Highness further said, “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.”
“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,” His Highness added.
H.H. Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group; H.H. Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Sports Council; Mohammed Ibrahim Al Shaibani, Director-General of His Highness The Ruler’s Court of Dubai, Managing Director of the Investment Corporation of Dubai and Chairman of Nakheel; as well as members of the Nakheel Board and other dignitaries were also present during the approval of the new masterplan.
The goal of the Dubai Economic Agenda D33 is to solidify Dubai’s position as one of the top cities in the world for business and tourism. Palm Jebel Ali will raise the bar for waterfront living globally and provide an exceptional breadth of luxury lifestyle amenities for residents, families, and visitors. The initiative also heralds the start of a new economic corridor in the Jebel Ali region, highlighting the emirate’s expansion.
The 13.4 square kilometres Palm Jebel Ali, which will be double the size of Palm Jumeirah, will have a lot of green space and special waterfront experiences. The project will extend Dubai’s coastline by over 110 km, allowing for the unsurpassed luxury seaside living of about 35,000 households.
More than 80 hotels and resorts, as well as a variety of entertainment and recreational options, will be located on Palm Jebel Ali, establishing the archipelago as a desirable residential area in the city and boosting Dubai’s tourism industry.
Mohammed Ibrahim Al-Shaibani said, “We are honoured to embark on a pathbreaking journey with the new masterplan of Palm Jebel Ali, which is unprecedented in magnitude and scale. The megaproject is inspired by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum and will mark a new milestone in the continued growth of the city.
“Palm Jebel Ali will capture the spirit, energy and life of Dubai as a thriving, prosperous and sustainable waterfront community and a world-class lifestyle destination and secure Dubai’s reputation globally as an innovator in waterfront developments, besides creating exceptional value for investors.”
According to the Dubai 2040 Urban Master Plan, Palm Jebel Ali will advance the goal of the emirate to provide the best urban infrastructure and amenities, increase beach destinations, promote sustainable development, and ease the growth of the population, which is anticipated to reach 5.8 million by 2040.
With mixed-use walkable neighbourhoods, smart city technology, sustainability practises, and a wide range of mobility alternatives for locals, visitors, and communities, Palm Jebel Ali will serve as a paradigm for modern urban planning techniques. Both the alteration of Dubai’s scenery and the positioning of Palm Jebel Ali as a global model for waterfront life will result from this.
With plans to include renewable energy resources in its infrastructure design and a focus on sustainability, Palm Jebel Ali will be virtually entirely self-sufficient in terms of electricity generation once it is finished. Palm Jebel Ali will get up to 30% of its energy needs from renewable sources.