Learn more about the Palm Jumeirah property market through trends and average prices.
How affordable are properties in Palm Jumeirah?
The median sales price for a property in Palm Jumeirah is approximately AED6,520,000
The median price per square feet in Palm Jumeirah is AED3,640
The Palm Jumeirah area currently has 2,672 properties for sale
Explore Properties in the Neighborhoods of Palm Jumeirah
Dubai is one of the world's most popular tourist destinations, with a large number of tourist attractions. The Palm Jumeirah is located close off the coast of Dubai and is the culmination of five years of planning and land reclamation. It is one of the three biggest man-made islands in the world, together with The Palm, Jebel Ali, and The Palm, Deira. Palm Jumeirah, dubbed the "eighth wonder of the world," is the world's biggest man-made island. It is a world-famous landmark located on the Arabian Sea's shore in the cosmopolitan city of Dubai. Dubai's famous palm-shaped island is wonderful to observe from an aircraft, while skydiving, or when researching your ideal vacation online. The island is shaped like a palm tree, which is a popular plant in the Middle East, as its name indicates. It is made up of the Trunk, Crescent, and Fronds, which come together to produce its distinctive shape. The Palm Island is home to 4,000 premium residences and villas, as well as a variety of modern hotels and restaurants, as well as some of Dubai's most famous vistas.
An outstanding assortment of luxury villas, townhouses, apartments, and hotels can be found in the iconic island. Living at Palm Jumeirah is an adventure in and of itself, with world-class amenities and stunning vistas. The Atlantis Hotel is also located there. Visitors come to the Palm for its beauty, but they remain for the variety of living options available, which include anything from beachfront apartments to spacious villas with private pools. Consider it a beautiful small town with well-kept residences and plenty of open space. The area has an urban mix of island villas, opulent five-star resorts, trendy restaurants, and fashionable beach clubs. Charter a luxurious yacht for a sail around the coast, or amp up the thrills with a speedboat ride and wakeboarding excursions.
Popular Areas in Palm Jumeirah
Palm Jumeirah is a bustling Dubai residential, tourism, and leisure destination that opened in 2001, according to His Highness Sheikh Mohammed bin Rashid Al Maktoum's vision. It is split into three main areas: The Crescent, Trunk, and Fronds, and covers a total area of 560 hectares. Gourmet restaurants, stylish cafés, and daring entertainment facilities for sports enthusiasts abound. The neighborhood conjures a sense of unrivaled grandeur. The houses in the area provide cutting-edge amenities, while a dynamic array of restaurants, entertainment venues, and a vibrant nightlife provide the ideal lifestyle for socialites. Nakheel is the master developer behind this world-famous renowned resort.
On the outer crescent, the five-star Atlantis, The Palm resort is a popular visit. The opulent resort has world-class restaurants like Nobu, Giorgio Locatelli, and Gordon Ramsay, as well as a waterpark, a large aquarium, and other attractions. Step outdoors to the Palm Jumeirah promenade, which comes alive at twilight with visitors and locals competing for the best selfie. Sit on the rocks or have a bite to eat from a local food truck and watch the sky get vibrant. Bicycles may also be rented for riding along the beach and taking in panoramic views of the Arabian Gulf. The Nakheel Mall and The Pointe, both on the Palm Jumeirah, include a variety of branded retailers and family-friendly attractions. A calm walk along The Pointe's 1.5-kilometer boardwalk, which offers the greatest waterside views of Atlantis in the distance, is a tempting alternative for relaxation seekers.
Types of Property in Palm Jumeirah
The property for sale on Palm Jumeirah offers an amazing variety of apartments, villas, and townhouses with unmatched luxury living features. All of the apartments are mainly focused on the Palm's trunk, while all of the villas are lined up along the Fronds. In addition, Atlantis The Palm, a famous luxury hotel resort, is perched on the Crescent's top. There are a variety of residential structures available, ranging from studios to 4-bedroom apartments and 5-bedroom luxury penthouses. Shoreline Apartments, Oceana, Marina Residences, and Tiara Residences are just a few of the prominent apartment projects located on this island. The majority of the residential units provide stunning views of the Arabian Gulf.
The complex is also well-liked by those looking to buy villas in Dubai. There are a number of new, ready-to-move-in, and furnished villas available for purchase. Prices for apartments and villas vary depending on the development collection they are in, as well as the types of floor plans and sizes available. Several apartment complexes and villa communities make up the master project, giving a variety of property options to choose from. One of the most reasonably-priced apartments in the palm island is at the Palm Tower. It offers a spacious studio for sale at around AED 1.9 million. At Golden Mile 9, it has the unique 1-bedroom townhouse for sale at the starting price of AED 2 million.
Lifestyle Factors in Palm Jumeirah
Palm Jumeirah residents are spoiled for choice when it comes to amenities (often in walking distance). Spinney's, Choithrams, and numerous smaller, mini-grocery stores are dispersed around the neighborhood in terms of supermarkets. To do errands, those who live on the Fronds would need to go a short distance by automobile. In terms of parking, most residences and villas in Palm Jumeirah have a designated parking lot for residents; otherwise, street parking is accessible. Atlantis This area's main attraction is the Palm. It goes without saying that it is one of Dubai's most popular tourist attractions. Atlantis offers helicopter excursions and water park activities, both of which are popular with families.
For religious activities, one of Dubai's most magnificent mosques is the Abdul Rahman Siddik Mosque on Palm Jumeirah. The mosque includes a dome and a 49-meter-high tower, with layers of rough stones and patterned glass on the front. It has a capacity of 800 people, with a separate prayer space for ladies with a capacity of 200 women. It also offers enough parking for residents to use for communal prayers. Parents with school-aged children do not need to be concerned about their children's education because there are numerous alternatives available in conveniently accessible areas. Popular schools around Palm Jumeirah Dubai include GEMS Wellington International School and American School of Dubai. It is also very near to Dubai Knowledge Park, which houses a number of educational institutions and universities, including the American University of Dubai.
Top Reasons to Invest in Palm Jumeirah
The Palm Jumeirah is quite a popular residential and commercial area in the city. In Dubai's Palm Jumeirah, the Palm Monorail is a popular method of public transit. The 5.5-kilometer monorail line allows visitors and tourists to explore the neighborhood's sights. The Palm Gateway station, Al Ittihad Park station, Nakheel Mall station, and Atlantis Aquaventure Waterpark station are all operational. Occupants are able to travel all across the island with ease. The location is also well-lined to the Sheikh Zayed Road (E11). Travelling through this route offers a great connection within Dubai. Downtown Dubai, Dubai Marina, as well as the Dubai International Airport are all accessible via the main road networks.