Learn more about the Palm Jumeirah apartment market through trends and average prices.
How affordable are apartments in Palm Jumeirah?
The median sales price for a apartment in Palm Jumeirah is approximately AED4,260,000
The median price per square feet in Palm Jumeirah is AED3,510
The Palm Jumeirah area currently has 2,040 apartments for sale
Explore Apartments in the Neighborhoods of Palm Jumeirah
The Palm Jumeirah is a man-made archipelago in Dubai that's shaped of a palm tree. The islets, which is found on Dubai's coast, is not just smallest but the most prominent of the three palm-shaped islands, Palm Jebel Ali and Palm Deira are the additional two Palm Islands. There was nothing but wet, shallow gulf water off the coast of Dubai in 2001. The Ruler of Dubai devised the concept for the Palm Island, which was completely constructed of rocks and sand. Then, Nakheel, Azizi and a local real estate business dredged About 5.5 million cubic meters of soil and 94 million cubic meters of sand transported from deep sea beds 6 nautical miles off the coast of Dubai, a total of 700 metric tons of limestone billion cubic feet of seafloor sand and shaped it with GPS accuracy into a 17-fronded palm tree.
Now this man-made island is home to a trunk of luxury homes, while the opulent villas are perfectly situated round the palm's seventeen fronds, and therefore the adjacent 11km crescent island forms an original long pier. The Palm Jumeirah makes up one hundred percent of Dubai's coastline, with a gross area of five km by five km spreading 6.5km into the Arabian Gulf. A 300-meter bridge links the crown to the mainland, and a subsea tunnel ties the crescent to the palm's crown.
This man-made built archipelago is created of a two-kilometer trunk, 17 fronds, and a hoop of crescents. This island is home to lavish villas, spacious apartments and townhouses, five-star hotels, multinational restaurant chains, its glistening blue seas, upscale apartments, and world-class attractions offer an expensive lifestyle for both high-end expatriates and visitors. where the sea greets every morning and pristine white sand greets at the end of the day with each breath, reawaken your senses as you redefine your premium lifestyle on Palm Jumeirah, overlooking the breathtaking Arabian Sea. It's no surprise that the area attracts celebrities and socialites, as it provides exclusivity and high-end living evident from each home, with private beaches, marinas, and a plethora of luxurious facilities.
Popular Areas in Palm Jumeirah
Just when you thought you've finished exploring the self-proclaimed "eighth wonder of the planet," Palm Jumeirah, the developers add a new destination to your bucket list. The Palm Tower, built by Dubai's leading real estate development firm, is one such project. It is a 52-story, five-star hotel and residential tower that includes 432 residences and the St. Regis Dubai – The Palm. Palm Jumeirah is a shoppers' paradise, since it is home to three opulent shopping malls: Golden Mile Galleria, The Pointe by Nakheel, and Nakheel Mall. The landmark Golden Mile Galleria covers an area of 400,000 square feet and houses approximately 70 shopping outlets of well-known brands, eating choices, a fitness center, and much more. It is adjacent to Al Ittihad Park.
In Palm Jumeirah, the Palm Monorail is a common form of public transportation. The 5.5 km monorail line allows visitors and tourists to enjoy the neighborhood's landmarks. The Palm Gateway station, Al Ittihad Park station, Nakheel Mall station, and Atlantis Aqua venture Waterpark station are currently operational, with The Pointe station set to open in 2021.
Restaurants abound on the Palm Jumeirah. You can choose from a wide range of culinary varieties indigenous to different parts of the world. Simply Italian Restaurant and Cinque, as well as Frevo in Fairmont, serve traditional Italian food. Miyabi Sushi & Bento will satisfy your Japanese cravings, while The Palm is the place to go for Brazilian fare.
The Abdul Rahman Siddik Mosque on Palm Jumeirah is one of Dubai's most magnificent mosques. The mosque has a dome and a 49-meter-high minaret, and the exterior is made up of layers of rugged stones and patterned glass. It has a capacity of 800 people and a special praying room for women with a capacity of 200 females. It also has plenty of parking for people to use for congregational prayers. A Christian church in Dubai is just a 10-minute walk from the Palm's entrance. Christian friends can also get to Emirates Baptist Church and United Christian Church of Dubai in under 13 minutes or longer depending on where they live on the island. The Shirdi Sai Baba Temple is the closest temple and takes about 11 minutes to get to from the neighborhood.
Types of Apartment in Palm Jumeirah
Palm Jumeirah apartments are all well-equipped and designed with modern amenities. apartments have distinctive interiors, swimming baths, gyms, and access to a variety of beach clubs. Buying an apartment on the is a sure investing choice due to its overwhelming success and demand. The Palm tower price range for apartments for sale in Palm Jumeirah ranges from AED 17,100,000 to AED 89,900,000. Almost every suburban property has stunning ocean views and exclusive beach access. Buyers may choose from studio apartments, one to four-bedroom apartments, three-to-four-bedroom townhouses and penthouses, and four-to-six-bedroom Apartment.
Lifestyle factors in Palm Jumeirah
It really is a city unto itself. It is also close to major business hubs such as Dubai Media City and Dubai Marina, making it the best location in Dubai for young professionals and new families looking to live in the most expensive parts of the city. Palm Jumeirah, as a prestigious address in the country, provides its inhabitants with a very good standard of living. There are many luxurious accommodations to choose from, all of which have comfortable comfort unlike any other. Palm Jumeirah makes no concessions to its citizens' quality of life. Palm Jumeirah is a prime choice to consider for someone looking to buy properties in Dubai that are the best in the world. The tranquil atmosphere provided by an incredible view of the sea and skyline is an appealing aspect of this city. Buying a house in Palm Jumeirah is highly sought after due to its exceptional opulence.
Top 3 Reasons to invest in Palm Jumeirah
1. Real estate investment hotspot – The archipelago's upscale location and well-known tourism attractions have made it a reliable investment destination.
2. Rental rates are among the highest in Dubai – Being one of the most affluent regions of Dubai, rental prices are higher than in other areas. This is ideal for property owners who wish to rent out their land.
3. Convenience – Palm Jumeirah is convenient to all forms of entertainment as well as business districts. As a result, residents will get the best of all worlds.