Before
In line with the vision of the ruler Sheik Mohammed bin Rashid Al Maktoum of developing artificial islands in Dubai in 1990, Nakheel Partners, in collaboration with two Dutch Companies, van Oord and Boskalis, acquired the Palm Jumeirah. An artificial archipelago was constructed along the coast of Dubai: Palm Jumeirah
Now
Best known as the eighth wonder of the world, Palm Jumeirah is most famous for Atlantis; the Palm, spread over 46-hectare attraction, is the world's most quested attraction. The artificial island is lined with luxury apartments and hotels ideal for a lavish lifestyle.
Living in Palm Jumeirah
Palm Jumeirah is home to ultra-luxury living arrangements consisting of villas, apartments, and townhouses. Since it is an island, it offers beachfront living for most of the properties. Most of the villas have a private beach, and the apartments have access to dedicated secluded beaches. Palm Jumeirah offers a tranquil lifestyle away from the urban center. The luxury apartments and villas are equipped with lavish interiors and high-quality designer furniture; each home has access to world-class amenities such as private gyms, swimming pools, community clubs, etc.
The Island is home to one of the world's most luxurious hotels like Atlantis, the Palm Dubai, Jumeirah Zabeel Sarai, Sofitel hotel, and many other popular hotel chains. These hotels provide one of the world's most refined dining experiences with cuisines from around the globe, along with other amenities to residents along with tourists.
Palm Jumeirah also has numerous leisure facilities. It hosts some of the best water parks globally, like the Aqua venture Waterpark, The Sea Lion Point, Dolphin Bay, and The Lost Chamber Aquarium. You can enjoy beachside walkways, public parks like the famous Ittihad Park for a weekend retreat. The Boardwalk is a walkway stretching for 11 km, which runs across the crescent of the Island and hosts different kiosks of food and various cafes.
The Island also has ample medical facilities like hospitals, clinics, and nurses within a short commute. Until high school, complete education facilities are available on the Island with famous schools like the Redwood Montessori and Asya's Nursery. Palm Jumeirah also hosts the world's best supermarket chains like Spinney’s and WAITROSE. The Nakheel Mall in the vicinity houses all major brands from across the globe and literally everything needed, including cinema and facilities for family-friendly, fun activities what adds to the pleasure is that Palm Jumeirah is highly pet friendly.
Transport
- Palm Monorail
- Buses
- Water Bus
- Taxis
Average Sale Price*
The average sale price for apartments for sale in Palm Jumeirah is approximately AED 1,271 per square foot.
Average Rental Price*
The average rental price for apartments for rent in Palm Jumeirah is AED 74 per square foot
Average Gross Investment Yield*
AED 4.25% for an apartment
Take a look at our latest properties for sale in Palm Jumeirah and properties for rent in Palm Jumeirah, or contact one of our agents to discover more about living in this area.