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Palm Jumeirah, a large artificial island with a unique palm tree shape, is a symbol of Dubai and one of the most popular tourist destinations. Designed by a team of Nakheel Properties with the participation of 40 000 people, it is famous for the best resorts, branded outlets, world-cuisine restaurants, and stunning views of the bay. Palm Jumeirah is a perfect place to take selfies at sunset on the waterfront, enjoy rare dishes in a cozy restaurant, ride the rented bike along the amazing coastline, and admire the beautiful views of the Persian Gulf. However, who has said that Dubai suits only seasonal recreation? The resort can become a permanent residence, especially since Palm Jumeirah offers property for sale for every taste.
In the district, there is diverse real estate, from affordable studios and compact one-bedroom apartments to magnificent penthouses and mansions. The range of residential properties for sale in Palm Jumeirah attracts both investors and people wishing to buy real estate for living or seasonal vacations.
Price range: AED 660,000–1,395,000 ($180,000–$380,000)
The average ROI: 7.3
The studios in Palm Jumeirah offer a well-organized and convenient space with all the amenities, as well as a high level of affordability. This property suits single expats and young couples who appreciate comfort and minimalism. The residents get access to all the facilities of residential complexes, including well-equipped playgrounds, swimming pools, parking, and gyms. Owning or renting a studio lets dwellers enjoy a luxurious life on the magnificent island at a relatively low price.
Price range: AED 1,470,000–12,500,000 ($400,500–$3,400,000)
The average ROI: 5.5
One of the constituents of Palm Jumeirah’s real estate market with maximal liquidity is comfortable apartments situated in modern residential complexes. They can have from one to five bedrooms and suit both couples without children and large families. Investors prefer flats with 1-2 bedrooms since they demonstrate the highest ROI index. The developers offer apartments with high-quality construction, design, and equipment.
Price range: AED 5,500,500–38,400,000 ($1,500,000–$10,480,000)
The average ROI: 4
Penthouses located on the eastern part of Palm Jumeirah are considered the most expensive and luxurious ones. They provide numerous observation decks with incredible panoramic views, the maximum of free space, and a large range of services. Designed by leading firms, the penthouses boast a modern style and elegant minimalism. These elite residencies are among the pearls of property for sale on Palm Jumeirah Island.
Price range: AED 3,670,000–9,550,000 ($1,000,000–$2,600,000)
The average ROI: 6
Low-story townhouses projected in a single style continue to attract foreigners and their families. They are cheaper than villas but quite convenient. The island’s townhouses offer dwellers comfortable layouts, small lots for arranging recreation areas or flowerbeds, parking places, and a comfortable location near the coast.
Price range: AED 23,900,000–55,000,000 ($6,500,000–$15,000,000)
The average ROI: 5.8
Magnificent villas located on the island’s “leaves” are the kernel of Dubai properties for sale in Palm Jumeirah. They embody eastern magnificence and western technology. The developers propose both typical houses and unique buildings with private beaches. Owning a villa allows its proprietor to arrange a garden, pool, or a large external recreation space.
Price range: AED 42,240,000–73,400,000 ($11,500,500–$20,000,000)
The average ROI: 3.8
Mansions are considered the best property for sale in Dubai district Palm Jumeirah. They attract people due to their incredible architecture and interiors, huge open space, access to a private beach, and the latest amenities, including smart technologies and home cinemas. A mansion located on this artificial island is unambiguously a symbol of Dubai’s premium lifestyle.
Have you decided to buy a property in Palm Jumeirah (Dubai)? Contact our agency. We’ll help you find an excellent option that meets all your needs. By applying to Golden Bee, you’ll be able to count on round-the-clock support, legal assistance, and a rapid solution to any difficulties.
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