After being dormant for over a decade, Developer Nakheel have announced that the Palm Jebel Ali mega project in Dubai is being relaunched due to the high demand for beachfront villas and apartments.Investors had purchased 29 properties on the partially completed artificial island before construction was put on hold in 2009 due to the global financial crash which caused property prices to fall by 60 percent.Being that the Palm Jebel Ali is one and a half time times the size of the popular Palm Jumeirah, completing construction of the mega project could meet the city’s demand as some reports claim that up to 1,700 beach villas and 6,000 apartments could become available.
Source: https://www.esquireme.com/brief/business/palm-jebel-ali-relaunched-dubai



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