The Palm Jebel Ali

Work on the Palm Jebel Ali, which is located near the Dubai-Abu Dhabi border, began in 2002. The master plan for the island has evolved and is now integrated with the Dubai Waterfront project, which is a large collection of man-made islands, shaped in an arc, which will produce a shelter around the palm-shaped island.

When completed, the Palm Jebel Ali will be the centre of a completely new city, which will be home to up to 1.7 million people by 2020. It will offer 70km of beaches, luxury hotels, and a mixture of housing types.

Construction of the island is currently progressing on schedule, with primary breakwater work completed in December 2006, and reclamation of land from the original master plan now finished. Work on the island's infrastructure began in April 2007, starting with construction of six bridges that will connect the island to the mainland.

The first properties on the island are expected to be ready by the end of 2010. To date, all released properties have been sold with many experiencing premiums of 100 per cent. Further sales will continue in phases, to be announced based on demand. Construction on the residences will not begin until a large portion of the infrastructure is in place, Shaheen said.