PALM JUMEIRAH
Beach life
HOTELS * BEACHES * WATER ACTIVITIES * BEACH CLUBS
The self-proclaimed eighth wonder of the world, Palm Jumeirah is the largest manmade island on the planet. Set on the coast of the Arabian Sea, in the dynamic city of Dubai, it is an eye-catching landmark of the world. As the name suggests, it is built in the shape of a palm tree which is a common plant in the Middle East. The island constitutes of the Trunk, the Crescent and 16 Fronds, together forming its unique shape. This area is home to an exceptional collection of luxury villas, townhouses, apartments and hotels. Boasting world-class facilities and aesthetic views, living in Palm Jumeirah is an experience in itself. You can find an assortment of gourmet restaurants, chic cafes, adventurous entertainment facilities that serve both the faint of heart and the adrenaline junkies.
Palm Jumeirah offers a resort lifestyle, with beaches, restaurants, cafes, and some of the world’s best hotels on your doorstep. It’s one of Dubai’s most prestigious addresses with most homes offering views of the magnificent Dubai coastline, Burj Al Arab, or Dubai Marina.
Residents of the Palm are vocal about living on an iconic, man-made island, including direct beach access and the outdoor fitness facilities. If you enjoy the beach and outdoor running tracks, you’re also likely to appreciate the Palm.
With the beach at your doorstep, living in Palm Jumeirah offers a holiday feel all year long. Adding to this is the extensive list of shops and restaurants that are available within a few minutes’ walk of many of the buildings along the Palm’s trunk.
HOUSE PRICES
- 1 Bedroom Apartment Asking Price: 2,150,000 AED
- 1 Bedroom Apartment Rental Price: 110,000 AED
- Gross Yield: 5.12%
- The Market: Luxurious apartments on the Trunk, villas and mansions on the Fronds, hotels and holiday homes.
Palm Jumeirah Dubai comes third among the most popular areas for renting luxury apartments according to Annual Real Estate Market Report for Dubai 2020. It is a highly sought-after location for buying properties in Dubai, especially among investors.
