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Palm Jumeirah

Properties for Sale in Palm Jumeirah

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About Palm Jumeirah

Palm Jumeirah is the biggest artificial island in the world. Created by developer Nakheel in the form of a palm tree (the most common tree type in the region), it is one of the most popular landmarks in Dubai and the UAE. It consists of the Trunk, 16 Fronds, and a Crescent that form its familiar shape. 

Palm Jumeirah is known for its luxury villas, high-class residential complexes, premium restaurants, and world-class hotels. Palm Jumeirah property for sale is always in high demand which makes a potential purchase a very profitable investment option.

Superficial island is located on the coast of the Arabian Sea with stunning views of the sunset and the Persian Gulf. Palm Jumeirah real estate is in high demand because the island is a very unique place, since it is one of the most recognizable landmarks in Dubai. 

According to many ratings (for example, Bayut) Palm Jumeirah constantly pops up as one of the most sought-out districts in Dubai to acquire real estate. It is now 3rd by popularity when considering search requests to rent and buy luxury property. 

Overview

Many call Palm Jumeirah the 8th wonder of the world. It was launched in 2001. Palm Jumeirah occupies 560 hectares and is home to extraordinary wonders of luxury. It is a hot tourist spot and a very lucrative real estate investment market. 

Palm Jumeirah was developed by Nakheel Properties. Property in Palm Jumeirah comes fully furnished with ready-made bathrooms that have state of-the-art appliances, kitchens with built-in cabinets, and modern interior and exterior design.   

Prices (AED)

Rent - Apartments

  • Studio - 93,000
  • 1-Bed - 148,000
  • 2-Bed - 197,000
  • 3-Bed - 274,000
  • 4-Bed - 647,000
  • 5-Bed - 762,000

Rent - Villas

  • 3-Bed - 573,000
  • 4-Bed - 975,000
  • 5-Bed - 1,308,000
  • 6-Bed - 1,820,000
  • 7-Bed - 3,526,000

Sell - Apartments

  • Studio - 1,571,000
  • 1-Bed - 2,665,000
  • 2-Bed - 3,458,000
  • 3-Bed - 5,437,000
  • 4-Bed - 26,892,000
  • 5-Bed - 31,881,000

Sell - Villas

  • 2-Bed - 8,100,000
  • 3-Bed - 21,152,000
  • 4-Bed - 19,811,000
  • 5-Bed - 35,050,000
  • 6-Bed - 51,670,000
  • 7-Bed - 79,776,000

Transport

The Palm Monorail connects different  parts of the Palm Jumeirah. It is the most convenient and accessible public transport solution on the island. 

Most Popular Communities

Here are some of the most popular communities that people tend to choose when looking for luxury property for sale in Palm Jumeirah.

  • Signature Villas Frond N
  • Garden Homes Frond M
  • The Royal Atlantis Resort & Residences
  • Balqis Residence
  • Al Das

Hotels

Here’s a shortlist of some of the greatest hotels on the Palm Jumeirah:

  • Hotel Fairmont The Palm
  • Atlantis The Palm
  • Anantara The Palm
  • FIVE Palm Jumeirah Hotel
  • C Central Resort The Palm

There are a couple prominent hotels on the island, the most popular being Atlantis the Palm. It is booked all 4 seasons through. It is a 5-star hotel and a major landmark of the area, attracting visitors from all around the world to enjoy exclusive waterfront activities. People come here for a variety of leisure activities such as Aquaventure Waterpark, Dolphin Bay, Sea Lion Point and the Lost Chambers Aquarium.

Restaurants

There are many fine dining places in Palm Jumeirah, from exquisite restaurants, offering a wide range of world-famous dishes to small cozy cafes, all contributing to a lavish lifestyle. Here’s a list of some of the most popular options for guests and residents alike:

  • Saffron Restaurant
  • Kaleidoscope Buffet
  • Il Passaggio
  • Sapori Restaurant
  • The Locale
  • Classic Rock Cafe at The Pointe
  • Guylian Belgian Chocolate Cafe
  • Arabiska Cafe
  • Cafe Nero
  • Boon Coffee Roasters

Floor Plans

Properties in Palm Jumeirah come in a variety of different configurations. They are all ready for living and come with different amenities such as pools, parking spaces, concierge services, playgrounds, gyms, fitness & yoga centers, etc.

Beaches

Villas in Palm Jumeirah have private beach access. All hotels also provide a private beach access to ensure relaxing rest of their guests. You can enjoy sunbathing while having a cocktail at one of the many prominent beach clubs. The pristine clear waters of the Persian Gulf will make your living an unforgettable experience.

Real Estate Investment

If you’re looking for property for sale in Palm Jumeirah, then it is better to ask for help from one of the brokerage agencies. The demand for Palm Island property is constantly increasing, since the development here has been long complete. However, for this same reason prices are going up because of the limited amount of properties for sale in Palm Jumeirah Dubai. The average annual ROI for rent is 5%. If you plan to buy property and then resell it, keep in mind that prices steadily go up 15%-25% every year. 

Comfort

Property for sale on Palm Jumeirah is far from affordable. But it is all worth it. It is a luxury segment of real estate and that can be seen in everything from design and location to exclusive comforts. Residents have access to tennis courts, basketball courts, sports facilities, gyms, pools, supermarkets, pharmacies, schools, and beauty parlors, all situated nearby. Additionally, Abdul Rahman Siddik Mosque, one of the most popular mosques in Dubai, is also located on the island. 

Summary

Palm Jumeirah properties for sale are exclusive real estate with ultra-modern high-end villas, townhouses, and apartment complexes, designed to provide impeccable levels of comfort. 

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