After 14 years, Dubai revives palm island plans
Mint Mumbai|June 02, 2023
The project's revival comes amid a rebound in UAE's property market
After 14 years, Dubai revives palm island plans

Dubai’s ruler approved a new development plan for the largest of the city’s famous palm-shaped artificial islands, reviving a project that was halted amid the global credit crisis of 2008 and left hundreds of buyers in limbo.

The new master plan for Palm Jebel Ali will include 80 hotels and resorts, and add 110km to the emirate’s coastline, according to the Dubai Media Office. The project, which hopes to house as many as 35,000 families, is likely to feature luxury mansions and apartments. Roughly a third of its public facilities will be powered by renewable energy.

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