3 Mega Projects of Dubai That Were Once Left for Dead

1. 3Mega 3Mega Projects Projects of of Dubai Dubai That That Were Were Once Once Left Left for for Dead Dead Dubai real estate strategic and prime regions including Dubai beachfront left for the dead, Sound interesting? The answer is yes, there are a few of the regions in Dubai that remained hidden from the focus for several decades due to a lack of construction in those areas. Among major real estate projects Palm Jebel Ali near Abu Dhabi, The World Islands near Marina and Deira Island towards Sharjah, all three massive development projects seemed abandoned. Let’s explore more interesting insights into these three mega projects of Dubai that were once closed. Three Mega Projects of Dubai Once Left for Dead Although it sounds different, the real estate development in Dubai faced the fate of being shut down. However, this is true that all three mega projects in Dubai were closed; becoming the victim of the 2008 financial crunch. 1. 1. Palm Palm Jebel Jebel Ali: Ali: The The Giant Giant Awakens Awakens Jebel Ali Palm is an iconic development that can be considered Dubai’s most memorable project after Palm Jumeirah. Launched in 2002 by Nakheel Properties, the ambitious development was set to be not only larger than Palm Jumeirah but also more luxurious with hotels and entertainment facilities. The palm-shaped island is about to become a notable icon on the Dubai coastline thus making the city rank high on the luxurious world destinations list.

2. However, the destiny of this exceptional project was different which turned out to be a halt to construction progress. Consequently, in the year 2008, the global financial plunge significantly affected the development of Palm Jebel Ali. The property sector was particularly badly affected; with barely any action taking place on-site because no contractors were hired for several months. This was a huge blow for this development. Despite these challenges, as highlighted by the report of Muskan Gupta in Gulf Buzz the project restarted again in May 2023. HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President of the UAE and Ruler of Dubai revealed his intentions of making Palm Jebel Ali greater than planned. A few of the featured amenities you can enjoy at this development after completion are:         80 Luxury hotels and resorts Sports and recreational facility Beach clubs Lifestyle malls Beach access Leisure Parks Superb road access Dining outlets 2. 2. Deira Deira or or Dubai Dubai Island: Island: Transforming Transforming Vision Vision into into Reality Reality Dubai Islands, formerly referred to as Deira Islands, is another mega project that became the victim of major setbacks and delays because of the 2008 financial crisis. The initial idea in the early 2000s is to a view of converting the Deira district’s coastline into several artificial islands. These islands have luxury hotels, residential areas and wide avenues filled with shops; all aimed at establishing a new tourist centre within the city. However, similar to Palm Jebel Ali; Dubai Islands also met its challenges. The financial crisis of 2008 made it difficult for the project timelines as months went by before any construction took place. This development by Nakheel development is currently under development with vague information regarding the restart of construction.

3. As of now, you can visit the only two constructions that were completed including the Lebanon Island and The Anantra resort. A few of the activities you can enjoy here are:      Beach Access Beach Volleyball court Swimming pool Sizzling dining outlets Resort 3. 3. The The Worlds Worlds Islands: Islands: A A well-thought well-thought development development World Islands is one of the boldest mega projects in Dubai. Planned to transform into an astonishing original idea in 2003, which was a collection of 300 artificial islands resembling a world map. It was envisioned to be the place for the rich and famous where they can chill out like kings or queens by using their private beaches on luxurious resorts. Despite being a great idea from the start, The World Islands faced lots of trials and tribulations. When preconstruction fell through the 2008 financial meltdown, the whole scheme ended up as a failure. Consequently, these half-formed islands became mostly uninhabited ports for people who thought it was just going nowhere. However, by January 2008 60% of ‘The World’s Island’ sold out. The distance between each island is around 100 meters with an overall development coverage of 9km. The overall development is priced at AED 14 billion USD. Key Key Takeaways Takeaways Dubai is an exceptional development that welcomes exquisite projects almost every hour. Among these mega projects, 3 of the giant developments in Dubai faced a terrible fate that was shutting down. Palm Jebel Ali, Dubai Islands and The World Islands all the three developments were the victims of the 2008 financial crisis. The crises projected intense negative effects on these real estate projects. Out of these Palm Jebel Ali fortunately restarted again in 2023, but other, two of the developments are still on halt.