Palm Jumeirah

Area Guide

Palm Jumeirah

Palm Jumeirah is the world’s largest manmade UAE's island located on the coast of the Arabian Gulf. The Palm Jumeirah Island in Dubai consist of the Trunk, the Crescent and 17 Fronds, forming its unique palm tree shape.

The area features luxury apartments, townhouses, villas as well as 5-star hotels including Atlantis The Palm.

Moreover, its exceptional, world-class entertainment facilities on Palm Jumeirah Island offer a wide range of activities for any taste from calm repose to extreme sports.

Developed by Nakheel Properties, The Palm Jumeirah Island forms one of the most sought-after communities in Dubai that offers prestige residences with world-class amenities, luxurious interiors to meet all the residents’ needs.

The area features dozens of restaurants, cafes, entertainment facilities and nightlife establishments including Golden Mile Galleria, Nakheel Mall, The Pointe and Boardwalk.

10 Minutes
dubai marina
45 Minutes
to DXB Airport
35 Minutes
to DWC aiprort

Ready Properties for Sale in Palm Jumeirah

Featured Properties in Downtown Dubai

As the district is limited in size, multi-storey buildings predominate here. The most common property type in Downtown Dubai are 1-5-bedroom apartments (including serviced apartments) and penthouses. The cost of studios starts from AED 428,000 (USD 117,000), and one-room apartments cost from AED 695,000 (USD 190,000).

You can also buy or rent villas and townhouses in Downtown Dubai. There is a limited series of houses located on the runway levels of high-rise buildings. Prices for villas in Downtown Dubai start from AED 1,914,000 (USD 521,000) and for townhouses – from AED 5,100,000 (USD 1 388 000).

Another exclusive option is the purchase of a whole floor of a residential tower, which can be either a finished property or a floor in a building under construction. If it is an off-plan property, an investor can arrange the space at their own discretion. For instance, the owner could have one spacious residence or split the premises into several apartments and offices. You could live in one of these apartments yourself, and lease the rest of the premises, if buying an entire floor. The minimum price for a full floor in an apartment block in Downtown Dubai is AED 18,500 000 (USD 5,040,000).

About Palm Jumeirah

Property on Palm Jumeirah could be great investment options for several reasons. According to the latest Dubai property market report for H1 2020, Palm Jumeirah is one of the most popular areas in Dubai. There are 435 property transactions were made on Palm Jumeirah in the first half of the year worth AED 1.19B. Palm Jumeirah is #5 in TOP-10 Dubai's areas for buying apartments with average price per sq. ft of AED 1,385 which is relatively less expensive if compared to a property in New York or London with the same level of luxuriance. It is also the second most popular area for villas for sale in Dubai after the Arabian Ranches. The average price per sq. ft for villas on Palm Jumeirah is AED 2,113. For instance, three-bedroom villas cost from AED 5.16M, while four-bedroom and five-bedroom units start from AED 9.22M and AED 16M respectively.

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Standing as authorized property professionals with years of experience, we acknowledge how confusing Dubai's off-plan property market could be for fresh buyers, as well as for experienced investors. Primarily when there are thousands of off-plan properties in Dubai. You won't have to go through countless listings on other UAE property websites. We have collected all available input about off-plan properties in one site and built a quick quiz for you to locate your ideal home in less than two minutes. Follow the easy steps on the screen to get your selection of undertakings that fulfil all your needs. Examine any project in Dubai relevant to you and contact us! Take A Quick Survey

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Gavhar Saburova

Sales Advisor of Rama Realestate

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