Property Prices in Palm Jumeirah — Q1 2026
Comprehensive price data, rental yields, and buying cost analysis for Palm Jumeirah, Dubai. Updated Q1 2026.
Data updated: Q1 2026 | Source: DLD, Knight Frank
Price / sqft
AED 2’900–3’900
Rental Yield
4–5.5%
1BR Price
AED 3M–5.5M
2BR Price
AED 5M–8M
Price Overview by Property Type
Estimated prices per square foot for each property type available in Palm Jumeirah, based on current market data.
| Property Type | Price / sqft | Est. Yield | Configurations |
|---|---|---|---|
| Apartments | AED 2’900–3’900 | 4–5.5% | Studio1 Bedroom2 Bedroom3 Bedroom |
| Villas | AED 3’770–5’070 | 3.2–4.7% | 3 Bedroom4 Bedroom5 Bedroom6+ Bedroom |
| Penthouses | AED 5’220–7’020 | 3–4.5% | 2 Bedroom3 Bedroom4 Bedroom5+ Bedroom |
Buying Cost Breakdown
All costs associated with purchasing a property in Palm Jumeirah. Example based on a 1BR at AED 3’000’000.
| Cost Item | Rate | Amount (AED) |
|---|---|---|
| DLD Registration Fee | 4% | 120’000 |
| Agency Commission | 2% | 60’000 |
| NOC Fee | Fixed | 5’000 |
| Trustee Office Fee + VAT | Fixed | 4’410 |
| Mortgage Registration (if applicable) | 0.25% | 7’500 |
| Total Buying Costs | ~7–8% | 189’410 |
Rental Yield Analysis
Lower than the Dubai average of 5.5%. Palm Jumeirah offers moderate yields with strong long-term value growth.
Key Market Indicators
Property Prices FAQ — Palm Jumeirah
What is the average property price in Palm Jumeirah?
As of Q1 2026, the average property price in Palm Jumeirah ranges from AED 2’900 to AED 3’900 per square foot. A typical 1-bedroom apartment costs AED 3M–5.5M, while a 2-bedroom unit is priced at AED 5M–8M. These prices reflect current market conditions in Dubai's premium segment.
Are prices rising or falling in Palm Jumeirah?
Palm Jumeirah has shown consistent price growth in recent years, driven by strong demand from international buyers and limited supply in Dubai's prime areas. With an average price of AED 3’400/sqft, Palm Jumeirah remains competitive within the premium segment. Consult our market reports for the latest quarterly trends and forecasts.
What is the rental yield in Palm Jumeirah?
The gross rental yield in Palm Jumeirah ranges from 4% to 5.5%, with an average of approximately 4.8%. While slightly below the Dubai average of 5.5%, Palm Jumeirah compensates with strong capital appreciation potential and premium tenant demand. Net yields are typically 1–1.5% lower after accounting for service charges and maintenance.
What are the buying costs in Palm Jumeirah?
Total buying costs in Palm Jumeirah typically add 7–8% to the purchase price. This includes the Dubai Land Department (DLD) registration fee of 4%, agency commission of 2%, NOC fee of AED 500–5,000, trustee office fee of AED 4,000–4,200 + VAT, and mortgage registration (if applicable) of 0.25%. There is no property tax or capital gains tax in the UAE.
Is Palm Jumeirah good for investment?
Palm Jumeirah offers 4–5.5% rental yields, freehold ownership for all nationalities, and a tax-free environment. The balanced combination of yields and capital growth appeals to both income and growth investors. Most properties qualify for the UAE Golden Visa (10-year residency).
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