Palm Jumeirah is a magnificent island in Dubai, where luxury meets high comfort, and pristine beaches and entertainment venues offer endless opportunities for seaside relaxation. Located in the Persian Gulf, this paradise corner is one of the most popular locations in Dubai. It is of interest not only to tourists but also to many investors who want to buy a house in Palm Jumeirah for living or generating passive income. Alira agency offers a wide range of properties on the island. Explore the offerings of our agency and choose only the best options!
Advantages of Buying Villas and Houses in Palm Jumeirah
Palm Jumeirah villas for sale are primarily located on the “branches” of the palm tree. On each branch, you can see two rows of private Palm Jumeirah houses for sale parated from each other by well-maintained asphalt roads. There are many reasons why buying property on the island is worthwhile:
- High standard of living. All houses on the Palm, Dubai feature thoughtful layouts and are built using high-quality materials. Expensive items may be used for interior decoration, such as crystal bathtubs.
- Exclusive real estate. Villas are situated on a unique man-made island recognized as a global landmark. House for sale in Palm Jumeirah, grants access to first-class service and the best beaches in the country.
- Developed infrastructure. The island has everything for a luxurious life – expensive restaurants, art galleries, a yacht marina, and entertainment facilities (water parks, aquariums, etc.).
- Opportunity to obtain a Golden Visa. Foreign investors purchasing property worth over 2 million AED are granted UAE residency status for 10 years.
Lifestyle in Palm Jumeirah
Villa owners on Palm Jumeirah can fully enjoy island life. The quiet and leisurely atmosphere attracts families with children, retirees, young professionals, and affluent expatriates. When buying a house on the island, you can live close to the central part of Dubai while simultaneously enjoying maximum pleasure from seaside relaxation and magnificent views of the Persian Gulf.
You can buy a villa in Palm Jumeirah, Dubai, right on the beach. All Jumeirah houses for sale have private access to the water and a closed area that allows for a private lifestyle. The Palm Jumeirah has its own infrastructure. Residents have access to shops, gyms, nurseries, and the Nakheel Mall. Clinics and schools operate on the mainland, a 20–25 minute drive away.
Most members of the elite community travel around the island in their private cars. However, if necessary, you can use the monorail train, which runs along the “trunk” of the palm tree. It takes about 30 minutes to reach Dubai’s nearest attractions.
Palm Jumeirah Villas Cost
The price of a villa in Palm Jumeirah may vary depending on criteria such as size, number of bedrooms, and amenities. On average, houses for sale on the Palm Dubai are offered at the following prices:
- Small with two bedrooms Palm Jumeirah house price – around 9,500,000 AED.
- Three-bedroom villa – starting from 12,500,000 AED.
- Spacious mansion with 4 bedrooms – within 20,000,000 AED.
- Five-bedroom villa – 35,000,000 AED.
- Large luxury house with 7 bedrooms, a pool, garage, and other amenities – up to 360,000,000 AED.
Investing in Villas for Sale in Palm Jumeirah, Dubai
Investing in real estate on the island offers a lucrative opportunity for capital investment. You can not only preserve your funds but also generate substantial income. Property prices in Dubai are steadily increasing, especially in the premium segment. For instance, in 2002, the cost of real estate in Palm Jumeirah rose by 8.5–23%, while in the Palm Islands, the price increase reached 54%.
One of the most advantageous investment options is purchasing property during the construction phase. If you buy a house on Palm Jumeirah, Dubai, directly from the foundation, you can resell the property at a discount of 20–30% after completion. There are hardly any vacant plots left on the island for construction, but developers still have several areas where construction work is ongoing.
Another way to generate income is by leasing villas. The island attracts many tourists who, during their visit to Dubai, opt for renting homes on Palm Jumeirah instead of staying in hotels. Both short-term and long-term rentals are in demand. The average return on investment is about 5% annually.
Why Choose to Work with Alira
Alira company will assist you in purchasing comfortable real estate in any area of Dubai. We approach each buyer responsibly and provide numerous benefits:
- Comprehensive services in one place – from assistance in buying or selling property to finding tenants and managing real estate.
- Services from professionals. Our company employs qualified staff with extensive experience in the real estate sector of the Emirates.
- Large and constantly updated database of Dubai’s housing stock.
- Maintaining complete confidentiality of clients’ personal data.
- Convenience in selecting properties from the catalog, with an accessible filtration system allowing property search according to the buyer’s needs.
Take advantage of the assistance of Alira company if you plan to buy a villa on Palm Jumeirah. We will help you find a comfortable and attractive home that fully meets your preferences and budget. To schedule a consultation with the agency, you can contact us by phone at +971 (588) 337 903 и +7 (986) 927-73-77, or send a message to the email address: info@alirarealestate.com.
