Palm Jumeirah is recognised around the world as a coveted destination for many, who are attracted by its refined waterfront lifestyle. The property market in this affluent Dubai district remains one of the strongest in the world, but how much does property cost on Palm Jumeirah? Of course, the answer to that question depends entirely on what type of property you are interested in, so read on to discover exactly how much property costs in one of the world’s most exclusive beachfront communities.
Unit Mix on Palm Jumeirah
It is impossible to provide a one-number-fits-all figure for how much property on the island costs, considering the varied mix of units available. Palm Jumeirah is home to a range of apartment complexes, each boasting diverse configurations, from studio units to five and six-bedroom penthouses.
Branded residences are especially common here, offering high-end apartments and standalone villas, some of which – such as W Residences – deliver exquisite “mansion” penthouses. The island’s fronds are home to expansive villas, which can often reach ten- and eleven-bedrooms, such as those nestled serenely on Frond G, also known as Billionaire’s Row.
Ultimately, the variation in property prices on Palm Jumeirah is vast and is entirely dependent on a range of factors.
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Current Property Prices
In the 12 months from October 2024 to September 2025, there were a total of 1,286 resale property transactions on Palm Jumeirah. These sales amounted to a staggering AED 12.27 billion – around $3.3 billion, which should provide a better idea of just how exclusive this neighbourhood actually is.
Apartments:
Apartments accounted for by far the biggest proportion of sales on the island during the same period, with 1,002 being sold. At the beginning of the phase, apartments were priced at AED 2,715.7 per square foot, while at the end of our period, they were fetching AED 3,055 per square foot. This represents an increase of 12.5% in just 12 months. Looking at the most recent data (September 2025), there were 67 apartment sales on Palm Jumeirah, totalling AED 453 million, for an average apartment price of AED 6.76 million. In July 2025, a five-bedroom Como Residences apartment sold for a remarkable AED 43 million.
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Villas:
During the same time period (October 2024 to September 2025), villa sales on Palm Jumeirah represented a much smaller percentage, at just 140, which accounted for slightly over 10% of the total.
At the start of the phase in question, the average price per square foot for a villa on Palm Jumeirah stood at AED 7,445.8. During the following 12 months, that price steadily rose, peaking at a staggering AED 11,216.6 in January 2025, before levelling out at AED 8,218.4 at the end of the interval – an increase of 10.4% over 12 months.
Of course, this huge price discrepancy is at once noticeable but also relatively common in super-prime property. The price of villas on Palm Jumeirah, the world’s most high-profile man-made island, is dictated by scarcity. Additional factors such as exclusivity, privacy, location, views and market perception also play their part in increasing the price exponentially.
The most recent data shows 13 villa sales in Palm Jumeirah during September 2025. These transactions totalled AED 680 million, which represents an average villa price of AED 52.3 million (across all configurations). The most expensive villa sold during the 12 months was a six-bedroom property on Frond G, aka Billionaire’s Row, which was acquired for an incredible AED 200 million.
Read More: Most Expensive Villa Resale on Palm Jumeirah
Serviced/Hotel Apartment
During the same time frame, 144 serviced apartments were sold on Palm Jumeirah, at an average cost of AED 2,740 per square foot. The total sale price of these units was AED 357 million, representing an average price of AED 2.48 million.
Prices have increased from AED 2,481.7 to AED 3,554.1 per square foot during the period, indicating a huge increase of 43.2%. This is likely down to strong rental yields on the island, in addition to limited supply, strong demand and the willingness of investors and end users to pay a premium for lifestyle and convenience.
Just like any unit type, prices across serviced apartments vary widely. In May 2025, a four-bedroom apartment in Emerald Kempinski Palm Jumeirah sold for an impressive AED 9 million, which, incidentally, depicts a 37% increase from its previous sale, while a five-bedroom serviced apartment in XXII Carat Hotel Apartment and Villas sold for AED 22.02 million.
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Price Trends and Factors
Palm Jumeirah remains one of the world’s strongest property markets, not just in Dubai. The average sales transaction price across our time period has increased from AED 3,123 per square foot to AED 3,837, an increase of almost 23% – a remarkable statistic across any property market globally.
Palm Jumeirah is unlike any other neighbourhood in Dubai. Continual demand from international buyers drawn to its prestigious waterfront address keeps the area in high demand. Supported by Dubai’s strong economic diversification and steady population growth, the Palm’s super-prime real estate segment demonstrates greater resilience to market fluctuations and reflects the city’s ongoing evolution toward a more mature, sustainable property market.
The area’s limited inventory is another key factor in why prices continue on their elevated trajectory. There are currently 13,830 residential units on the island, with another 2,414 under construction. This means that, upon completion, there will be little more than 16,000 residential properties available, which will likely only continue to drive prices for the foreseeable future. To put this into perspective, the London Borough of Kensington and Chelsea – traditionally one of the world’s most exclusive addresses – includes more than 66,000 households (according to 2021 Census data), meaning even one of London’s smallest districts has more than four times the number of residences as Palm Jumeirah.
Palm Jumeirah is unique for many reasons. One of them is the tenacity of its property market. Prices here are among some of the highest in the world – the result of a perfect blend of lifestyle, exclusivity, scarcity and global appeal, where limited supply meets unquenchable demand from some of the world’s most capable clientele.
