Palm Jebel Ali is shaping up to be a global real estate hotspot, offering prime waterfront properties at early-stage prices, according to a report by fäm Properties. The revived mega-project is set to rival Palm Jumeirah, with larger villa plots, lower price points, and flexible payment plans attracting investors.

Key highlights:

• Villas on Palm Jebel Ali average AED3,000 ($817) per sq ft, significantly lower than Palm Jumeirah’s AED9,000 ($2,450).

• Waterfront plots cost around AED2,500 ($681) per sq ft, compared to AED8,000 ($2,180) on Palm Jumeirah.

• Villa plots are double the size of Palm Jumeirah’s (21,000 sq ft vs. 10,500 sq ft).

• Entry prices are nearly 50% lower for ultra-luxury villas compared to Palm Jumeirah.

• Buyers get 3-4 year payment plans, a major advantage over Palm Jumeirah’s resale-only market.

Palm Jebel Ali is over twice the size of Palm Jumeirah, with 147 million sq ft of land and a 110km coastline. With Dubai attracting 6,500 high-net-worth individuals annually, investor interest is surging. The final phase of ultra-luxury villas is set for launch soon—once sold, they’ll only be available on the resale market, with prices expected to soar.