Archiwum kategorii: Palm Jebel Ali

In September 2022, Nakheel announced a rebranding exercise. Soon after, it revealed its plans to relaunch Palm Jebel Ali. After years of waiting, that moment appears now to have arrived, with Nakheel stating that it plans to restart a revamped version of the project in early 2023, now that the market has recovered.

In October 2018, Sanjay Manchanda, CEO of Nakheel, confirmed that there are immediate plans to restart development of the project and will strive for it. In July 2021, it was announced that Nakheel planned to restart the project by considering plans involving building villas and apartaments on the island.

The work on the second Palm island, after Palm Jumeirah, began in October 2002. It was originally planned to be completed by mid-2008, but due to the financial crisis in the same year, the construction has been on hold. Nonetheless, Nakheel informed that Jebel Ali is not cancelled, but it is a long-term project.