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Palm Jumeirah

DubaiCooling

The palm-shaped artificial island of beachfront villas, luxury apartments and hotels — one of the most expensive addresses in Dubai.

Freehold (open to foreign buyers)Artificial islandUltra-primeVillasBeach

197 residential sales in the last three months (-40% year on year). Median price AED 2,830 per sq ft (AED 30,465/m²); the mix-adjusted price index is -5.7% year on year and -0.8% over three months. 27% of sales are off-plan. Indicative gross yield 4.3%. Market phase: Cooling (stress 43.6/100).

Median price (3 months)AED 2,830 / sq ft (AED 30,465 / m²)
Mix-adjusted price index, year on year-5.7%
Mix-adjusted price index, 3 months-0.8%
Residential sales (3 months)197 (-40% y/y)
Off-plan share27%
Gross yield (indicative)4.3%
Market phase / stressCooling / 43.6
Price bandPrime
Mix-adjusted price index (start = 100)95.0100.0105.02025-042025-072025-102026-012026-042026-072026-09
Median price, AED per sq ft (monthly)3,0004,0002024-012024-062024-112025-042025-092026-022026-072026-10
Residential sales per month0501001502024-012024-062024-112025-042025-092026-022026-072026-10

By bedrooms (last 12 months)

TypeSalesAED / sq ftMedian price (AED)Size (sq ft)
Studio942,8201,400,000527
1BR2272,9893,300,0001,076
2BR4103,5106,200,0001,755
3BR2413,93110,700,0002,325
4BR625,44628,750,0006,426
5BR+246,36056,500,00012,346

Rents (Ejari registrations, 2026-05〜2026-10)

1,344 contracts · median annual rent AED 185,000 · AED 120 per sq ft a year

Upcoming supply (DLD-registered project completions)

3,483 units due within 12 months and 0 in 12–24 months (7 projects) — the next 12 months equal 4.4× annual sales. Completion dates often slip.

Data as of 2026-10-10. The mix-adjusted index compares like-for-like sales (same project and unit type) month to month, so it is not moved by changes in what happens to sell.

More areas in Dubai

Dubai South · Jumeirah Village Circle · Dubailand (City of Arabia) · Jabal Ali Industrial Second · Business Bay · Downtown Jebel Ali · Dubailand Residence Complex · Majan · Damac Hills · Jumeirah Lake Towers · Dubai Creek Harbour · Arjan · Dubai Marina · DAMAC Hills 2 (Akoya Oxygen) · Dubai Production City · Jebel Ali Village / Discovery Gardens · Dubai Hills Estate · Downtown Dubai · Dubai Sports City · Al Furjan · Dubai Islands · Jumeirah Village Triangle · Meydan One · Dubai Studio City

Sources: Dubai Land Department (DLD Open Data; Dubai sales before 2026 via the CC BY 4.0 republication by Dubai Real Estate Data, dubairealestatedata.com), Ejari rent contracts, Abu Dhabi Real Estate Centre (ADREC), FRED, New York Fed, US Treasury. Residential (apartment and villa) sales only; cells with fewer than 5 sales are hidden. Information only, not investment advice.