--- title: "Palm Jumeirah, Dubai" canonical: https://www.uaepropertyagents.com/dubai/palm-jumeirah markdown: https://www.uaepropertyagents.com/md/dubai/palm-jumeirah.md type: area description: "Nakheel's original palm-shaped island off the Dubai Marina coast: a mature, fully occupied freehold address where new supply is scarce and priced accordingly." last_verified: 2026-11-12 sources: 4 publisher: "UAE Property Agents (Omnia)" language: en-GB usage: "You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting." --- # Palm Jumeirah: property and area guide > Nakheel's original palm-shaped island off the Dubai Marina coast: a mature, fully occupied freehold address where new supply is scarce and priced accordingly. Facts last verified 12 November 2026 against the sources listed at the end. ## Key facts | Fact | Value | | --- | --- | | Emirate | [Dubai](https://www.uaepropertyagents.com/dubai) | | Area type | island | | Tenure | Freehold for all nationalities | | Master developer | [Nakheel](https://www.uaepropertyagents.com/developers/nakheel) | | Also known as | The Palm, The Palm Jumeirah, Palm Island Dubai | | Coordinates | 25.118, 55.138 | | Developments covered | 2 | | Wikidata | [Q277294](https://www.wikidata.org/wiki/Q277294) | ## Overview Palm Jumeirah is the palm-shaped island that [Nakheel](https://www.uaepropertyagents.com/developers/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](https://www.uaepropertyagents.com/developers/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. ## Who it suits - Second-home buyers - End-users wanting a finished beach community - Holiday-let investors - Buyers of branded residences ## Highlights - Completed island: hotels, beach clubs, Nakheel Mall and the monorail are open today - Freehold for all nationalities - Very little undeveloped land, so new launches are infrequent - Beach access from villas on the fronds and from most crescent buildings - About 25,000 residents, according to Nakheel ## Considerations - Entry prices are among the highest in Dubai: the median asking price on Property Finder was AED 8.94 million on 12 November 2026. - One route on and off the island via the trunk; crescent addresses sit furthest from the mainland (one broker quotes 35 minutes from a crescent address to Dubai International Airport). - No Dubai Metro station on the island; the monorail serves the trunk only. - Beachfront and hotel-serviced buildings carry high service charges. Ask for the approved budget for the specific building before committing. - Older trunk and frond stock dates from 2006 onwards and varies in condition; new launches are priced at a large premium to it. ## Drive times - Dubai Marina: about 13 minutes - Dubai International Airport: about 35 minutes ## Developments in Palm Jumeirah - [Ocean House](https://www.uaepropertyagents.com/dubai/palm-jumeirah/ocean-house): Ellington Properties; Palm Jumeirah, Dubai; under construction; handover Q4 2026; from AED 23,000,000 (as of 2026-11-13) - [Passo by Beyond](https://www.uaepropertyagents.com/dubai/palm-jumeirah/passo-by-beyond): Beyond Developments; Palm Jumeirah, Dubai; launched; handover Q4 2029; from AED 5,500,000 (as of 2026-11-13) ## Nearby areas - [Dubai Harbour](https://www.uaepropertyagents.com/dubai/dubai-harbour) - [Dubai Marina](https://www.uaepropertyagents.com/dubai/dubai-marina) - [Jumeirah Lake Towers](https://www.uaepropertyagents.com/dubai/jumeirah-lake-towers) - [Palm Jebel Ali](https://www.uaepropertyagents.com/dubai/palm-jebel-ali) - [Dubai Islands](https://www.uaepropertyagents.com/dubai/dubai-islands) ## Questions and answers ### Can foreigners buy property on Palm Jumeirah? Yes. Palm Jumeirah is a designated freehold area, so buyers of any nationality can own homes there outright and register the title with the Dubai Land Department. ### Are there still off-plan projects on Palm Jumeirah? A few. The island is largely built out, so launches are occasional and usually at the top of the market. The largest currently on sale is Passo by Beyond on the West Crescent, with 625 residences and completion targeted for 2029. ### Is there a metro station on Palm Jumeirah? No. The Palm Monorail runs along the trunk of the island, but the Dubai Metro does not reach it. Most residents rely on a car or taxis. ### How much does new property in Palm Jumeirah cost? Among the developments we cover in Palm Jumeirah, prices start from AED 5,500,000 at [Passo by Beyond](https://www.uaepropertyagents.com/dubai/palm-jumeirah/passo-by-beyond). The highest entry price is AED 23M at Ocean House. ### Which developers are building in Palm Jumeirah? Current developments we cover in Palm Jumeirah are by Ellington Properties and Beyond Developments. ### What are property prices in Palm Jumeirah per square foot? Published figures for Palm Jumeirah: AED 3,966 per sq ft for all homes (average sale price per sq ft; Property Finder, from registered transactions, 12 months to 12 November 2026, 1,116 sales). Averages move with the mix of homes sold, and asking prices usually sit above prices paid. Compare areas in our [price per sq ft table](https://www.uaepropertyagents.com/data/area-prices). ### What is the rental yield in Palm Jumeirah? The published average gross rental yield in Palm Jumeirah is 6.08% for all homes (Property Finder, from registered transactions, 12 months to 12 November 2026, 1,116 sales). Gross yield is before service charges, empty months, management and fees, so the net figure is lower: work it out for a specific home with the [rental yield calculator](https://www.uaepropertyagents.com/tools/rental-yield-calculator), or compare areas on [rental yields by area](https://www.uaepropertyagents.com/data/area-yields). ### What is the average rent in Palm Jumeirah? The average annual rent on new contracts in Palm Jumeirah is AED 388,076 for all homes (Property Finder, from registered tenancy contracts, 12 months to 12 November 2026, 5,194 contracts). That average mixes studios with larger homes, so ask for the rents achieved on comparable units before relying on a figure for one property. ## Sources Facts on this page were last checked against these sources on 12 November 2026. - [Nakheel: Palm Jumeirah](https://www.nakheel.com/en/developments/nakheel-collections/palmjumeirah) - [Property Finder: Palm Jumeirah area guide](https://www.propertyfinder.ae/en/area-insights/dubai/palm-jumeirah) - [Property Finder: Passo by Beyond](https://www.propertyfinder.ae/en/new-projects/beyond/passo-by-beyond) - [Engel & Völkers: Passo by Beyond](https://www.engelvoelkers.com/ae/en/off-plan/passo-by-beyond) --- Source page: https://www.uaepropertyagents.com/dubai/palm-jumeirah. Published by UAE Property Agents, Omnia Capital Group. You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting.