An aerial view of the spectacular Palm Jumeirah is one usually reserved for skydivers – but that will change when an observatory overlooking the huge man-made island opens to the public on Wednesday.
The 240-metre tall Palm Tower signifies the latest stage in the island’s development as a critical tourism hotspot, with up to 70 per cent of visitors to Dubai taking in a visit to the island.
Twenty years ago, Nakheel embarked on a journey to bring the vision of Palm Jumeirah to life
At the summit of the striking structure stands The View At the Palm, offering panoramic views of the island.
It is 20 years since work began on one of the few structures that can be seen from space with the naked eye.
“The Palm Jumeirah has always been a hugely popular destination for tourists coming into Dubai,” said Gail Sangster, assets director for Nakheel Malls.
“I don’t think there is anyone who comes here for a visit who has not heard of The Palm or who has not wanted to come and see it.
“Having The View at The Palm gives tourists a new way to see the islands.
“Rather than from a hop-on and off bus like they would usually do, they can now experience it from all its glory from the observation point.
“It is a fantastic new addition for tourists coming to Dubai.
“Dubai is about creating multiple attractions, we are not trying to compete with the Burj Khalifa or other tourist destinations, but enhance Dubai’s vision and vast array of options.”
Much has changed since the first island plans were drawn up more than two decades ago.
The Palm has since become home to thousands of residents and attracts floods of tourists eager to make one of its many luxury hotels a base for a city stay.
Spawned from an idea to create acres of new hotel development land as Dubai accelerated its status as a global holiday destination, the palm-shaped island has become symbolic of the UAE's can-do attitude.
How the islands were built
A breakwater spanning 11 kilometres to protect the islands from the waves of the Arabian Gulf was created using 7 million tonnes of rock mined from 16 different quarries in the Northern Emirates and transported by sea to Dubai.
The crescent-shaped barrier is designed to absorb energy during both normal and extreme weather conditions.
It descends as deep as 100 metres in places and has become an artificial reef providing a safe habitat for all kinds of marine life.
Vibro-compaction – a construction technique to stabilise sand and gravel – compacted the imported materials to ensure they did not shift with the tide.
The work was done with relative speed to allow other structural construction to get under way, while decreasing the risk of shifting during earth tremors.
During this phase of the project, 15 cranes were on site to allow drilling of 200,000 holes at depths close to 16 metres. This was completed in July 2004.
The island is connected to the mainland by a 300-metre bridge, with the outer crescent connected to the spine of The Palm by an undersea tunnel.
Dredging
The dredging of sand from the seabed and land reformation to create one of the world’s largest man-made islands was a huge undertaking.
The first stage of creating the islands that can be seen today involved dredging large amounts of sea sand and transporting it considerable distances to deposit off the Dubai shoreline.
The shape of the island was then carefully plotted using satellite imagery to create the outline of a palm tree, although that design had changed slightly from an original idea to build them in the shape of a sun.
This was done by pouring and depositing more than 100 million cubic metres of sand to add 70 kilometres of beaches to the city’s coastline.
Shallow areas of beach were formed using a "rainbowing" technique, where sand was deposited into the water from cannons on-board hopper suction dredger vessels.
Meanwhile, cutter suction dredgers were used to help shape the islands, using gigantic rotating machine heads to carve through the rock and sand.
Once the sand was in place, land-based machinery and bulldozers heaved and pushed the imported materials to shape the final contour lines of the island and to form the beaches.
Enough sand to spread across 600 football pitches was extracted 10 nautical miles offshore during the entire process.
Rapid development
Fast forward to 2021, the 52-storey Palm Tower now overlooks 1,500 villas spread across the island’s 17 fronds, with two marinas capable of housing up to 538 ships, up to 36 metres in length.
Waterside residences have also been built in Palm Marina east and west, as well as along the trunk in the Shoreline properties, while Palm West Beach has recently opened to offer a destination for beach relaxation, eating and drinking.
The Palm Monorail has a line spanning 4.8km and now stops at five stations.
Starting at Palm Gateway on the trunk, the train also calls in at Al Ittihad Park, the Atlantis Aquaventure water park, Nakheel Mall and with The Pointe due to open soon.
A Guinness World Record was set in 2020 when the 130,000 square metre Palm Fountain opened, becoming the world’s largest when it began dazzling displays from The Pointe waterfront.
The finishing touches are being applied to the new $1.4 billion Royal Atlantis Resort & Residences, due to open later this year.
The hotel's two striking towers will be connected by a "spa-bridge" and have 90 swimming pools on site.
“Twenty years ago, Nakheel embarked on a journey to bring the vision of Palm Jumeirah to life and today, we celebrate its growing success story,” said Omar Khoory, chief assets and hospitality officer, Nakheel.
“As well as a world attraction, The View at The Palm tower will uncover the evolutionary journey behind building one of the most splendid man-made islands in the world.”
Beachfront destination Palm West Beach - in pictures
Name: Peter Dicce
Title: Assistant dean of students and director of athletics
Favourite sport: soccer
Favourite team: Bayern Munich
Favourite player: Franz Beckenbauer
Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
Our Time Has Come
Alyssa Ayres, Oxford University Press
RIVER%20SPIRIT
%3Cp%3E%3Cstrong%3EAuthor%3A%20%3C%2Fstrong%3ELeila%20Aboulela%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Saqi%20Books%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPages%3A%3C%2Fstrong%3E%20320%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAvailable%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A
MWTC info
Tickets to the MWTC range from Dh100 and can be purchased from www.ticketmaster.ae or by calling 800 86 823 from within the UAE or 971 4 366 2289 from outside the country and all Virgin Megastores. Fans looking to attend all three days of the MWTC can avail of a special 20 percent discount on ticket prices.
My Cat Yugoslavia by Pajtim Statovci
Pushkin Press
Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
The winners
Fiction
- ‘Amreekiya’ by Lena Mahmoud
- ‘As Good As True’ by Cheryl Reid
The Evelyn Shakir Non-Fiction Award
- ‘Syrian and Lebanese Patricios in Sao Paulo’ by Oswaldo Truzzi; translated by Ramon J Stern
- ‘The Sound of Listening’ by Philip Metres
The George Ellenbogen Poetry Award
- ‘Footnotes in the Order of Disappearance’ by Fady Joudah
Children/Young Adult
- ‘I’ve Loved You Since Forever’ by Hoda Kotb
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Dhadak 2
Director: Shazia Iqbal
Starring: Siddhant Chaturvedi, Triptii Dimri
Rating: 1/5