Dragon Tree Plant : Dragon Tree Dracaena Marginata Magenta Bloombox Club / Jul 22, 2021 · the dragon tree, also called dragon's blood plant or by its latin name, dracaena draco, is an evergreen succulent tree native to subtropical zones on and near the northwest coast of africa.it is closely related to the corn plant, but unlike that species, dragon tree is a much less common houseplant because of its large size.