Sea view property for sale in Palm Jumeirah, the UAE
Palm Jumeirah ranks first in the list of the world’s largest artificial islands. Many famous architects equate this project with the eighth wonder of the world. In the market of real estate in Dubai, the island stands out for its exceptional collection of luxury villas, townhouses, apartments, and hotels. Thanks to the world-class amenities and hedonistic atmosphere, many celebrities, businessmen, and other representatives of high society seek to buy a sea-facing property in Palm Jumeirah.
Property prices in Palm Jumeirah by the sea
To buy real estate in Palm Jumeirah on the beach, you need to be prepared for its prices from $230,000. 1-bedroom studios on average cost $435,000, 2-bedroom apartments – $626,000, 3- bedroom apartments – $1.1 million, and 4-bedroom apartments – $3.5 million.
The local housing market also offers new, furnished, and ready-to-move villas for $1.5 million. The cost of three-bedroom houses starts from $1.9 million, and 4-bedroom houses cost $2.6 million or more.
Prices for villas and apartments in Dubai, and in Palm Jumeirah in particular, vary depending on which project they belong to, the layout, and area. It is obvious that luxury complexes are more expensive than middle-class properties, which leads to a large price range of the same real estate type. You can buy properties with a sea view for sale in Palm Jumeirah cheap for $1.8 million, while the cost of luxury 6-bedroom villas starts from $3.9 million.
Lifestyle in Palm Jumeirah
The increased demand for real estate for sale in Palm Jumeirah by the sea is based on the fact that the island is a lively residential, tourist, and entertainment center of Dubai. It was opened in 2001 according to the plan of His Highness Sheikh Mohammed bin Rashid Al Maktoum. The district is located on 560 hectares and is divided into three main parts: crescent moon, trunk and leaves.
The lifestyle of the locals can be described in one word – luxury. More and more people are buying real estate in Palm Jumeirah with sea views, modern appliances, and amenities, as well as elite restaurants, clubs, and other entertainment venues.
Real estate in Palm Jumeirah by the sea for investment
Before investing in a property for sale in Palm Jumeirah with sea views, check out its return on investment (ROI).
| Number of bedrooms in the apartment | ROI |
|---|---|
| 1 | 5.5% |
| 2 | 5.1% |
| 3 | 4.1% |
| 4 | 2.2% |
| 5 | 1.6% |
| 6 | 1.9% |
| Number of bedrooms in the villa | ROI |
|---|---|
| 1 | 5.3% |
| 2 | 5.3% |
| 3 | 3.4% |
| 4 | 3.7% |
| 5 | 3.7% |
| 6 | 2.3% |
| 7 | 2.2% |
We will help you buy a property in Palm Jumeirah with a sea view
Finding and buying houses in Dubai is a responsible process of experience and in-depth knowledge of the Emirates housing market. Contact our experts to get:
- assistance in finding the right property;
- professional support during the transaction;
- high-quality after-sales service.
