Neighbourhood guide
Palm Jumeirah
An island of beachfront villas, apartment towers and resorts, built out into the Gulf from the Jumeirah coast.
Photograph: photocreo, Envato
Palm Jumeirah was created by Nakheel from sand dredged from the floor of the Gulf. Work began in 2001 and the first residents arrived in 2007. The island has three distinct settings: apartment towers, hotels and shops on the Trunk, villas with private beach frontage along seventeen Fronds, and resorts on the outer Crescent.
- Master developer
- Nakheel
- First residents
- 2007
- Ownership
- Freehold, open to international buyers
- Transit
- Palm Monorail, Gateway to Atlantis
Landmarks and lifestyle
Life on Palm Jumeirah
Four places that shape the island, all on Palm Jumeirah itself.
Atlantis The Royal
Opened in February 2023, the 43-storey resort designed by Kohn Pedersen Fox stands on the Crescent beside Atlantis The Palm.
Photograph: Anubhav Sonker, Unsplash
The View at The Palm
An observation deck on Level 52 of The Palm Tower, 240 metres above the Trunk, open since April 2021, with views along the island to the Crescent and the Gulf.
Photograph: Jhonwayne Pumaras, Unsplash
The Pointe
A waterfront promenade of restaurants and shops looking across the bay to Atlantis The Palm, with evening views of the Crescent.
Photograph: Noyzzee, Unsplash
Palm West Beach
A 1.6 km stretch of beach clubs, restaurants and a jogging trail, looking across the water to Dubai Marina.
Photograph: Jeffrey Francisco, UnsplashMarket at a glance
Palm Jumeirah in figures
Registered home sales from October 2025 to September 2026, Dubai Land Department.
1,180Registered home sales in the last 12 months
AED 5.9mTypical apartment sale, the median of 1,095 sales
AED 39.7mTypical villa sale, the median of 85 sales
+20.1%Change in median price per sq ft over 12 months
Available properties
Properties in Palm Jumeirah
2 available
17,490,000Redwood scorecard
Palm Jumeirah against 24 Dubai communities
Six measures, calculated the same way for every community we cover. Five dots means the strongest reading among them.
Liquidity●●●●○1,180 salesHome sales, last 12 months · Rank 8 of 24
Sales each month, October 2023 to September 2026April to September 2026: 69 a month, against 123 over the previous 30 months.
Price momentum●●●●●+20.1%Change in median AED per sq ft over 12 months · Rank 2 of 22
Median AED per sq ft by yearAED 3,325 in 2025, AED 3,656 in 2026 to September.
Five-year growth●●●●○+130.7%Change in median AED per sq ft over 5 years · Rank 7 of 20
Then and now2021AED 1,7142026AED 3,656Median price per sq ft, all homes.
Activity against its own history●●●●○90% of its averageLast 12 months against its 10-year average · Rank 8 of 20
Home sales by yearPeak of 2,754 in 2022. 2026 shows January to September.
Prime demand●●●●●98 salesSales of AED 36.7m (USD 10m) or more · Rank 1 of 24
What buyers spentUnder AED 2mUSD 10m and above93.4% of sales at AED 2m or more, the Golden Visa level.
Ready-home market●●●○○64.8% of salesShare of sales in completed homes · Rank 12 of 24
Off-plan against completed, per sq ftOff-planAED 5,481CompletedAED 2,812415 off-plan and 765 completed sales.
What homes sold for
Registered sales, last 12 months
| Home | Sales | Entry | Typical | Top | Per sq ft |
|---|---|---|---|---|---|
| Apartments | 1,095 | AED 2.3m | AED 5.9m | AED 19.7m | AED 3,563 |
| Villas | 85 | AED 22.5m | AED 39.7m | AED 88.2m | AED 4,885 |
| By bedroom, all homes | |||||
| Studio | 73 | AED 1.5m | AED 3,411 | ||
| 1 bed | 242 | AED 3.8m | AED 3,175 | ||
| 2 bed | 435 | AED 6.2m | AED 3,544 | ||
| 3 bed | 247 | AED 11.4m | AED 3,983 | ||
| 4 bed | 69 | AED 27.5m | AED 5,407 | ||
| 5 bed | 18 | AED 46.6m | AED 5,837 | ||
Entry is the 10th percentile, typical the median and top the 90th percentile of registered sale prices. Bedroom rows show the median and include villas; sizes with fewer than ten sales are left out.
Price per sq ft over time
Median AED per sq ft, all homes
*2026 covers January to September. Medians reflect the mix of homes sold each year as well as prices.
Source: Dubai Land Department transaction register, data.dubai extract of 20 October 2026. Homes are apartments registered for residential use and all villas; sales, pre-registration and delayed sales are counted. Analysis by Redwood Heritage.
Photograph: Eslam Tawakol, UnsplashThe Redwood perspective
An established waterfront address, best judged home by home
Character
Three settings share one island. Apartment towers, hotels and shops line the Trunk. The Fronds are given over to villas, many with their own stretch of beach. Resorts and branded residences occupy the Crescent.
Who it may suit
Buyers who want a completed community rather than a masterplan in progress: principal residents drawn to beach living, families planning long stays and owners of a second home in Dubai. With residents on the island since 2007, there is an established record of resale and leasing to assess.
Ownership
Palm Jumeirah is a designated freehold area, open to international buyers. Short-term letting requires a holiday home permit from Dubai’s Department of Economy and Tourism, and some buildings do not allow it, so the building’s rules matter as much as the home itself.
Trade-offs
Service charges vary widely between towers and villa communities and are published in the RERA Service Charge Index. Position also shapes daily life: the Trunk sits closest to the mainland bridge and the Palm Monorail, which reopened in July 2026 after six months of maintenance, while the Crescent is reached by a tunnel from the spine of the island.
Further reading The Palm at Ten: what a decade of data reveals
Compare with
Communities priced closest to Palm Jumeirah
The three guides nearest in median price per sq ft over the last 12 months.
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Considering Palm Jumeirah?
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What the brochures leave out
Honest trade-offs
- Prices have moved quickly. The median price per sq ft rose 20.1% in 12 months, so recent sales are a better guide to value than older ones.
- Among the costliest addresses we cover. A median of AED 3,710 per sq ft, rank 4 of 24 communities.
- Villa resale is a smaller market. 85 villa sales in 12 months, 31 of them at AED 50m or more, against 1,095 apartment sales.
- Service charges differ by building. The Dubai Land Department publishes them in its Service Charge Index. We obtain the current figure for any home before you make an offer.
Owning from abroad
For the international buyer
- Who can buy. Non-UAE nationals may hold freehold title without time limit in the areas Dubai designates for foreign ownership. Palm Jumeirah is named in Regulation No. 3 of 2006.
- Golden Visa. Property worth AED 2m or more can support a UAE Golden Visa. 93.4% of registered home sales here in the last 12 months were at AED 2m or above.
- Purchase and yearly costs. The Dubai Land Department registration fee is 4% of the value, paid by the buyer. Service charges are the main yearly cost.
- Holding structure. Many families hold Dubai property through a company or foundation for succession. Our structuring colleagues at Redwood Heritage can arrange this alongside the purchase.
Questions buyers ask
Palm Jumeirah, answered
Each answer with its source. Figures are registered sales from October 2025 to September 2026.
Can foreigners buy property in Palm Jumeirah?
Non-UAE nationals may own freehold property without time limit in the areas Dubai designates for foreign ownership. Palm Jumeirah is named in Regulation No. 3 of 2006.
Source: Regulation No. 3 of 2006, Government of DubaiDoes a home in Palm Jumeirah qualify for a Golden Visa?
A property worth AED 2m or more, wholly owned or financed by a local bank, can support a UAE Golden Visa. In the last 12 months, 93.4% of registered home sales in Palm Jumeirah were at AED 2m or above.
Source: Ministry of Economy and Tourism; Dubai Land DepartmentWhat does a home in Palm Jumeirah cost?
Typical registered sale prices over the last 12 months: apartments AED 5.9m; villas AED 39.7m. The buyer also pays the Dubai Land Department registration fee of 4% of the value.
Source: Dubai Land DepartmentHow have prices moved in Palm Jumeirah?
The median price per sq ft changed +20.1% over the last 12 months and +130.7% over five years. The current median is AED 3,710 per sq ft.
Source: Dubai Land DepartmentWhat are service charges in Palm Jumeirah?
Service charges are set building by building and published by the Dubai Land Department in its Service Charge Index. We obtain the current figure for any home before you make an offer.
Source: Dubai Land Department, Service Charge IndexSources: Dubai Land Department transaction register, data.dubai extract of 20 October 2026; Regulation No. 3 of 2006; Ministry of Economy and Tourism, Golden Visa for real estate investors; Dubai Land Department, registration fees.
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