This suits you if
- Beach access from your building is the point
- You are buying at the top of the market and want an address that holds
- You want short term letting potential with genuine tourist demand
Areas
Palm JumeirahIconic waterfront, and a single road in.
The most recognisable address in Dubai, now mature enough to judge on its merits rather than its novelty.
- AED 3,720
- Average per sq ft
- 4.6%
- Gross rental yield
- AED 155,000
- Typical one bedroom rent, per year
Look elsewhere if
- You commute daily to Downtown or DIFC. The trunk road is a single point of failure
- You are yield focused. This is the lowest gross yield in this guide
- You want value per square foot
What it is
The original palm island. Hotels and apartment buildings along the crescent, lower rise apartments and villas along the fronds, and beach clubs throughout. Fully built out, which means what you see is what it will be.
The investment case
Supply is genuinely finite here, which is unusual in Dubai and is the strongest argument for the premium. Capital growth has been strong. Income is weak relative to price, so this suits an owner who wants the asset more than the return.
What living here is actually like
Quieter than the Marina and more spread out. The constraint everyone underestimates is the trunk road: everything funnels through it, and an incident on it reshapes your evening.
Getting around
The Palm Monorail links to the tram. Otherwise it is the trunk road, and there is only one.
Nearby
- Dubai Marina
- Al Sufouh
- Emaar Beachfront
Thinking aboutPalm Jumeirah?
We will tell you what is genuinely worth looking at here, and what to avoid. Including whether another community would serve you better.