Palm Jumeirah
The Eighth Wonder of the World
About Palm Jumeirah
Palm Jumeirah is a man-made island in the shape of a palm tree, offering a unique blend of luxury beachfront living and world-class amenities. This architectural marvel has become synonymous with exclusivity and opulence in Dubai's real estate market.
Key Insights
- Iconic palm-shaped island visible from space
- Home to world-renowned hotels like Atlantis, The Palm
- Monorail system connecting the island to the mainland
- Mix of villas, apartments, and hotel residences
Price History
Q2 2024 Update
Key Features
- Unique Island Living
- Private Beaches
- Luxury Resorts
- Exclusive Lifestyle
Statistics
- Population
- 78,000+
- Avg Property Price
- $2,800,000
- Rental Yield
- 4.8%
- Price Per Square Foot
- $1,200
Market Trends
- Consistent demand for beachfront properties
- Increasing interest in holiday homes and short-term rentals
- New developments focusing on ultra-luxury segments
- Growing popularity among celebrities and high-net-worth individuals
Investment Potential
Palm Jumeirah offers a unique investment opportunity with its limited supply of properties and high demand from luxury buyers. While initial yields might be lower compared to other areas, the potential for capital appreciation is significant.