Property for sale in Palm Jumeirah
Palm Jumeirah is an iconic artificial island in the shape of a palm tree that is synonymous with luxury resort living. It is one of Dubai’s most prestigious communities, where house prices have surged by over 100%, which has been the highest in the emirate, since the beginning of the pandemic, making buying a home in Palm Jumeirah a lucrative investment.
If you are looking for a villa or apartment in Palm Jumeirah, the real estate agency in Dubai, AX CAPITAL, will help you to select the best option, while taking all your preferences into consideration.
Buying property on Palm Jumeirah Island
This community offers a collection of opulent villas, townhouses, and apartments with breathtaking views of the Persian Gulf and Dubai Marina Towers, first-rate facilities and premium amenities. Here, you will find numerous exquisite restaurants, up-market cafés, and entertainment venues to suite any taste. Residents of Palm Jumeirah also have access to the following amenities:
- Beaches, parks, and waterfronts;
- Nightclubs and five-star hotels;
- Fitness centres and beauty parlours;
- Global brand boutiques and shopping malls;
- A water park, an aquarium, and a dolphinarium.
For foreigners, buying property in Palm Jumeirah is also possible, as this is a freehold zone where expats may have full private ownership rights over purchased real estate.
House prices in Palm Jumeirah, UAE range from AED 778,000 (USD 212,000) for a snug studio to AED 45 million (USD 12.25 million) for an opulent seven-bedroom villa.
Property investment in Palm Jumeirah
Real estate on Palm Jumeirah Island is a reliable and lucrative asset. If you purchase a local apartment or villa and lease it out long-term, the average return on investment (ROI) could reach 5.5% per annum.
Palm Jumeirah is not only a luxurious place to live and a high-end resort but is also one of the most famous tourist destinations in the United Arab Emirates, so short-term rentals, which generate an ROI of 11 – 13% per annum, will always be in high demand here.
Buying a home in the UAE
Are you considering a buy-to-live or buy-to-rent property in Dubai? With an extensive database of upscale homes, AX CAPITAL can provide trustworthy assistance. Our experts, who offer many years’ experience of working in the UAE market, will answer all your questions, help you to select a high-quality lucrative asset at a bargain price, handle the paperwork and provide legal assistance to close the deal. All you need to do is fill out the form on the website and we will contact you at your convenience.