Agents camped overnight, showcasing the immense anticipation for Nakheel’s latest masterpiece – Palm Jebel Ali.
Craig Brown, the buyer of superb 23,000sq ft plot on Palm Jebel Ali’s frond M for a stunning Dh42.5 million, highlighting the growing property demand. This follows the selling of a Jumeirah Bay Island plot for a record Dh125 million earlier this year. Eager bidders even camped out in front of Nakheel’s office for a chance at these coveted properties, with all plots selling out on the first day.Craig, who lived in Dubai for a year, left the city in 2021 to return to his hometown of Dublin for a personal project. He returned to the UAE early this month and completed the transaction in his first week back.
“Everything about the Dubai property market has changed in the time I was away,” he explained. “The prices are through the roof, and new properties are being launched on a regular basis.” I expect the next group of Nakheel villas to be revealed in the coming weeks.”
– Reported in Khaleej Times
