Off-plan property in Palm Jumeirah

Palm Jumeirah is the palm-shaped island that Nakheel launched in 2001 and began handing over in 2006. Nakheel puts it at 560 hectares, reaching about five kilometres into the Gulf, with roughly 25,000 residents. It has three parts: the trunk, which carries the apartment buildings, Nakheel Mall, marinas and most of the restaurants; the fronds, which are gated rows of beach villas; and the outer crescent, which holds the resort hotels and a small number of residential buildings.

Unlike most places where off-plan homes are sold in Dubai, the Palm is finished. The hotels (Atlantis The Palm, Atlantis The Royal and Waldorf Astoria among them), Palm West Beach, The Palm Tower and the monorail are all open, so a buyer can see exactly what the neighbourhood is. That is also why new launches are rare. The plots that remain are mostly on the crescent and the trunk shoreline, and what gets built on them is aimed at the top of the market: Passo by Beyond on the West Crescent is the largest current scheme at 625 residences, and Nakheel's own recent releases have been small (Como Residences has 76 homes).

Buyers are a mix of long-term residents, second-home owners from Europe and the Gulf, and investors who let to holidaymakers. Property Finder's listings snapshot on 12 November 2026 showed a median asking price of AED 8.94 million across about 3,000 homes for sale on the island, which gives a sense of the entry level; asking prices are not sale prices, and 2026 has been a softer year for Dubai generally.

Getting on and off the island is the practical trade-off. Everything funnels through the trunk, and the crescent is reached beyond it, so a crescent address adds time to every journey. The Palm Monorail runs the length of the trunk, but there is no Dubai Metro station on the island.