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Properties for Sale in Palm Jumeirah


Palm Jumeirah, a marvel of engineering, is the world's largest man-made island nestled along the Arabian Gulf's coastline. Shaped like a palm tree, it comprises the Trunk, the Crescent, and 17 Fronds, making it an iconic sight. This captivating area offers luxurious apartments, townhouses, and villas, and is home to renowned 5-star hotels, including the famous Atlantis The Palm.

Palm Jumeirah is a one-of-a-kind destination, offering an array of luxury apartments, townhouses, and villas set against the backdrop of the stunning Arabian Gulf. Developed by Nakheel Properties, it has become one of Dubai's most sought-after communities, boasting world-class amenities and opulent interiors tailored to residents' needs.

The area boasts a vibrant lifestyle with an abundance of restaurants, cafes, entertainment facilities, and nightlife hotspots, including the Golden Mile Galleria, Nakheel Mall, The Pointe, and Boardwalk.

AED 234, 23423,4

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Properties for Sale in Palm Jumeirah

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Economic Attractiveness Of Palm Jumeirah


Investing in Palm Jumeirah is an appealing choice for several reasons. According to the latest Dubai property market report for H1 2020, Palm Jumeirah ranks as one of the most popular areas in Dubai, with 435 property transactions valued at AED 1.19 billion during the first half of the year.

Palm Jumeirah stands at number five in the list of the top ten areas in Dubai for buying apartments, with an average price per square foot of AED 1,385, making it a more affordable luxury option compared to properties in New York or London.

It is also the second most popular area for villas in Dubai, following the Arabian Ranches, with an average price per square foot for villas on Palm Jumeirah at AED 2,113. For instance, three-bedroom villas start from AED 5.16 million, while four-bedroom and five-bedroom units are priced from AED 9.22 million and AED 16 million, respectively.

Rental Price for 1, 2 or 3 Bedroom Apartments in Palm Jumeirah



 

The rental market in Palm Jumeirah varies, catering to diverse budgets and lifestyle needs. A 1-bedroom apartment typically ranges from AED 90,000 to AED 140,000 per year, while a 2-bedroom can cost between AED 120,000 to AED 200,000 annually.

For those seeking more space, 3-bedroom apartments are available from AED 160,000 to AED 300,000 per year. These prices reflect the premium living experience and exclusive amenities offered in the area.

Reason for Renting an Apartment in Palm Jumeirah

Choosing to rent in Palm Jumeirah means embracing a lifestyle of luxury and convenience. Residents enjoy access to world-class amenities, including private beaches, state-of-the-art fitness centers, and gourmet dining options.

The community is known for its safety, privacy, and a tranquil environment, making it ideal for both families and professionals. Moreover, its strategic location offers easy access to Dubai’s business hubs and leisure destinations.

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