Area Overview: Palm Jumeirah
- Bird’s Eye View
- Properties for Sale in Palm Jumeirah
- Properties for Rent in Palm Jumeirah
- Lifestyle
- FAQs
Palm Jumeirah, the famous man-made archipelago located in Dubai, is considered one of the world’s most iconic and ambitious engineering projects. Shaped like a palm tree, the island is a massive development project that extends into the Persian Gulf and is one of the few man-made structures visible from space.
A project so unqiue also promises a lifestyle as extraordinary. The villas and apartments of the area offer stunning views of the sea and the Dubai skyline. Palm Jumeirah is a remarkable engineering feat and a testament to Dubai’s vision for luxurious waterfront living and innovative urban development.
Here’s an overview to help you get a clearer picture of this flourishing neighbourhood and what it’s like to live here. We’ll start by taking a bird’s eye view of the popular urban hub.
Bird’s Eye View of Palm Jumeirah
Palm Jumeirah, the remarkable man-made island, is divided into four key sections: the Trunk, Spine, Fronds, and Crescent. Think of the broad trunk as the main entrance, connected to the mainland by a bridge. Another bridge links the trunk to the spine, a central axis from which 17 fronds extend.
Encompassing the other sectors, the crescent acts as a protective barrier, separated into three sections to facilitate seawater flow.
Palm Jumeirah was built by Nakheel Properties in 2001. The plan was devised by Helman Hurley Charvat Peacock, an American architectural firm. The islands were created using mostly dredged sand from the Persian Gulf, reinforced with stones and boulders from the mainland on the sea-facing side of the crescent.
Beginning in 2001, the work was in full swing by 2004, with land and basic infrastructure in place. Building construction commenced in 2006, and the first residents started arriving in 2007.
The apartments are pinned along the Trunk and villas beautifully line along each Frond. Here are some interesting facts about Palm Jumeirah.
As for attractions, The iconic Atlantis, a luxury resort is situated at the pinnacle of the Palm on the Crescent, alongside other renowned hotels like Anantara The Palm, FIVE Palm Jumeirah Hotel, Waldorf Astoria and Jumeirah Zabeel Saray.
Another enhancement to Palm Jumeirah’s skyline is The Palm Tower. Rising 52 stories, this development combines a five-star hotel and residential complex, boasting 432 apartments and the luxurious St. Regis Dubai – The Palm.
Properties for Sale in Palm Jumeirah
Now let’s explore the properties available for sales in Palm Jumeirah.
Villas for Sale in Palm Jumeirah
Palm Jumeirah is a freehold property area and is among popular places for buying villas in Dubai. With an average 3.44% ROI, buying a villa in Palm Jumeirah is a worthy investment. The average price for villas for sale in the area is AED 43,793,000. The average ROI and price trends for the popular communities with villas for sale in the area are as follows.
POPULAR COMMUNITY | ROI | AVERAGE PRICE (AED) | 3-BED | 4-BED | 5-BED |
Signature Villas Palm Jumeirah | 3.49% | 42,079,000 | 13,143,000 | 24,850,000 | 37,055,000 |
Garden Homes Palm Jumeirah | 3.70% | 33,113,000 | 34,150,000 | 21,906,000 | 29,466,000 |
Palma Residences | 3.96% | 14,696,000 | NA | 7,487,000 | 16,227,000 |
Six Senses Residences | NA | 73,350,000 | 30,096,000 | 38,240,000 | 97,687,000 |
Kingdom of Sheba | 5.45% | 28,606,000 | NA | 16,385,000 | 26,262,000 |
Apartments for Sale in Palm Jumeirah
With an ROI of 3.80% and an average price of AED 11,168,00, Palm Jumeirah is popular for buying apartments. The average ROI and price trends for the popular communities with villas for sale in Palm Jumeirah are as follows.
POPULAR COMMUNITY | ROI | AVERAGE PRICE (AED) | STUDIO | 1-BED | 2-BED |
Shoreline Apartments | 7.43% | 3,206,000 | NA | 2,171,000 | 3,073,000 |
Marina Residences | 7.35% | 3,269,000 | NA | NA | 2,781,000 |
The Crescent | 4.35% | 15,340,000 | 2,829,000 | 3,710,000 | 9,769,000 |
Golden Mile | 8.04% | 3,233,000 | NA | 1,670,000 | 2,435,000 |
Seven Palm | 9.82% | 1,766,000 | 1,249,000 | 1,988,000 | 3,428,000 |
If you’re considering purchasing an apartment, here is a list of apartments for sale in Palm Jumeirah. The area is among the top luxury areas to buy apartments in Dubai.
Properties for Rent in Palm Jumeirah
Palm Jumeirah is a sought-after destination for renting apartments and villas in the region.
Villas for Rent in Palm Jumeirah
Palm Jumeirah is also popular among those looking to rent villas in the area. The average price for villas for rent in Palm Jumeirah is AED 1,124,000. Other communities popular for renting villas in the area are listed below.
POPULAR COMMUNITY | AVERAGE PRICE (AED) | 3-BED | 4-BED | 5-BED |
Canal Cove | 92,000 | NA | 162,000 | 68,000 |
Signature Villas Palm Jumeirah | 1,350,000 | 723,000 | 1,063,000 | 1,194,000 |
Garden Homes Palm Jumeirah | 1,245,000 | 538,000 | 1,036,000 | 1,256,000 |
Palma Residences | 576,000 | NA | 571,000 | 597,000 |
Kingdom of Sheba | 1,226,000 | NA | 1,372,000 | 1,433,000 |
Apartments for Rent in Palm Jumeirah
With an average rent of AED 229,000, the area is also popular for renting apartments. Taking the Palm Jumeirah area overview, following are the popular communities for renting apartments.
POPULAR COMMUNITY | AVERAGE PRICE (AED) | STUDIO | 1-BED | 2-BED |
Shoreline Apartments | 234,000 | NA | 166,000 | 225,000 |
Marina Residences | 233,000 | NA | NA | 208,000 |
The Crescent | 375,000 | NA | 226,000 | 365,000 |
Palm Views | 85,000 | 84,000 | 100,000 | NA |
Kingdom of Sheba | 274,000 | 18,000 | 176,000 | 197,000 |
Life in Palm Jumeirah
Palm Jumeirah aims to increase Dubai’s shoreline and offers luxurious waterfront living. The man-made island is home to numerous residential villas, apartment complexes, townhouses and high-end hotels. Getting around is easy thanks to the public transport in Palm Jumeirah. Let’s go through the amenities and facilities that make Palm Jumeirah a popular area.
Amenities and Facilities in Palm Jumeirah
Palm Jumeirah offers a wide range of amenities that contribute to its luxurious and exclusive lifestyle. Let’s go through them in detail.
Public Transport Facilities in Palm Jumeirah
The Palm Monorail travels through all major attractions of the area. The 5.5 km monorail journey covers the neighborhood’s attractions. It has five stations: Palm Gateway, Al Ittihad Park, Nakheel Mall, Atlantis Aquaventure Waterpark and The Pointe. You can also hop on the tram or catch a taxi to get around Palm Jumeirah.
Schools in Palm Jumeirah
There are several educational institutes in the area. Popular nurseries in Palm Jumeirah include Blossom Nursery, Redwood Montessori Nursery and Asya’s Nursery. As for schools, American School of Dubai, GEMS Wellington International School and International School of Choueifat are popular schools near Palm Jumeirah Dubai.
For higher education, Palm Jumeirah neighbors Dubai Knowledge Park and is home to various educational institutions and universities like Middlesex University and University of Wollongong, among others.
Hospitals and Clinics in Palm Jumeirah
In Palm Jumeirah, you’ll find various medical clinics like Emirates Hospitals Clinic Palm Jumeirah, Dr. Joy Dental Clinic, Dubai London Clinic at Nakheel Mall and Al Das Medical Clinic.
Other options including Al Zahra Hospital on Sheikh Zayed Road (E11) is just a 10-minute drive from the Trunk, and you can reach the Canadian Medical Center from the Palm in less than 15 minutes.
Churches, Mosques and Temples in Palm Jumeirah
As for religious places, Abdul Rahman Siddik Mosque is situated in Palm Jumeirah. For churches, A Christian Church in Dubai is only 10-minutes away from the entrance of the Palm. Then, temples near Palm Jumeirah include the Hindu Temple Dubai, which is at a drive of 20-minutes.
Supermarkets and Shopping malls in Palm Jumeirah
You can find several supermarkets in Palm Jumeirah along its trunk. Shopaholics will find their paradise in Palm Jumeirah, with three dazzling shopping malls to explore: the upscale Golden Mile Galleria, the vibrant Nakheel Mall and the exciting waterfront destination known as The Pointe by Nakheel.
Entertainment in Palm Jumeirah
There are many restaurants and beaches in Palm Jumeirah. You can indulge in a world of culinary delights from across the globe. Here are just a few options:
- Saffron Restaurant
- Kaleidoscope Buffet
- Il Passaggio
- Sapori Restaurant
- The Locale
And speaking of Palm Jumeirah, its beaches are a must-mention. Each villa along the fronds boasts a private beach. Luxury hotels like FIVE Palm Jumeirah, Sofitel The Palm, and One&Only Royal Mirage also feature renowned private beaches. You’ll find more than just sun and sand here – enjoy beach activities like snorkeling and encounters with wildlife at Aquaventure Waterpark.
FAQS
Where is Palm Jumeirah located?
The man-made island is built on the Persian Gulf in Jumeirah, Dubai, UAE.
Why Should You Live in Palm Jumeirah?
Palm Jumeirah is celebrated for its upscale living. Synonymous with luxury, the area features exquisite homes with Arabian Gulf and Dubai skyline views, along with lavish villas, private beaches, and top-tier amenities for a prestigious lifestyle. All these features make the area worth living.
Is Palm Jumeirah a freehold property area?
Yes, Palm Jumeirah is one of the freehold property area in Dubai.
Can Expat Own Properties in Palm Jumeirah?
Yes, Palm Jumeirah was initially constructed to boost tourism and establish a freehold development zone allowing expats to own properties.
How far is the Dubai Airport from Palm Jumeirah?
Dubai International Airport is a 30 minute drive from Palm Jumeirah.
How far is Downtown Dubai from Palm Jumeirah?
It takes about 30 minutes to reach Downtown Dubai from Palm Jumeirah by road.
That brings an end to our guide of Palm Jumeirah area. The sought-after location is ideal for buying and renting properties in Dubai.
For more area overviews, stay tuned to dubizzle property blog.