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Palm Jumeirah

UAE > Dubai > Palm Jumeirah

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The Atlantis in Palm Jumeirah
Apartments in Palm Jumeirah
Villas in Palm Jumeirah
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Media Details Special Classifications Amenities Road Locations Description Location Downloads Projects(s) Market Insights

Media

Details

Commercial Title :

Palm Jumeirah

Official Title :

The Palm Jumeirah

Type :

Free Hold

Development Number :

N/A

Registration Date :

N/A

Construction Started Date :

N/A

Completion Status :

Completed/Ready

Life Cycle :

Mature

Master Developer(s) :

N/A

Launch Date :

N/A

Anticipated Completion Date :

N/A

Handover Date :

N/A

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Special Classifications

Amenities

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Road Locations

Description

Palm Jumeirah, an artificial offshore island in Dubai, United Arab Emirates, is the site of private residences and hotels. From the air, the archipelago resembles a stylized palm tree within a circle. 

The Trunk, The Crown, and The Cresent are the names by which the principal sectors of Palm Jumeirah are known. The broad trunk, connected to the mainland by a bridge, serves as the entrance to the development. Another bridge connects the trunk to the spine, a narrow central axis from which 17 fronds protrude. The crescent is a breakwater that nearly surrounds the other sectors. It is divided into three sections to facilitate the circulation of seawater. A vehicular tunnel connects the spine to the crescent, and a transit monorail runs about 3 miles (4.8 km) from the mainland to the crescent through the spine and trunk. The crescent is 650 feet wide and about 10.5 miles (17 km) long altogether. At least 1,380 acres of new land were created in all, within an area about 3.1 miles (5 km) in diameter.

  • The developer: of Palm Jumeirah is Nakheel, a real estate developer now owned by the government of Dubai.
  • The master plan: was drawn up by Helman Hurley Charvat Peacock, an American architectural firm.
  • The islets were made mostly from sand dredged from the floor of the Persian Gulf, but the side of the crescent that is exposed to the open sea was shored up with stones and boulders from the mainland. Work started in 2001, and land and basic infrastructure were in place by 2004. Construction of the buildings began in 2006, and the first residents arrived in 2007.


Palm Jumeirah was intended to be the first of three similarly shaped offshore developments in Dubai. The others, Palm Jebel Ali and Palm Deira are both much larger than Palm Jumeirah but remain uncompleted because of economic uncertainty. Also incomplete is the World, a grouping of artificial islands that are intended, upon completion, to resemble a map of the world.

About The Palm Jumeirah

  • The largest man-made island in the world
  • Built in the shape of a palm tree at the coast of the Arabian Sea
  • The self-proclaimed eighth wonder of the world
  • Home to a wide collection of beachfront apartments, villas, and the iconic hotel resort, Atlantis The Palm
  • The monorail connects the different areas in the Palm

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Location & Nearby

Palm Jumeirah - The Palm Jumeirah - Dubai - United Arab Emirates

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Location
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Schools
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Restaurants
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Hospitals
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Metro Stations
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Shopping Malls
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Hotels

Yearly Transactions and Sales

Transactions
Sales
5,0005,0004,0004,0003,0003,0002,0002,0001,0001,00000Transactions200820082009200920102010201120112012201220132013201420142015201520162016201720172018201820192019202020202021202120222022202320232024202440,000,000,00040,000,000,00032,000,000,00032,000,000,00024,000,000,00024,000,000,00016,000,000,00016,000,000,0008,000,000,0008,000,000,00000Sales
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Transactions and Sales by Property Types

Transactions
Sales
25,00025,00020,00020,00015,00015,00010,00010,0005,0005,00000TransactionsApartmentsApartmentsCommercial BuildingsCommercial BuildingsCommercial PropertiesCommercial PropertiesHotel ApartmentHotel ApartmentOfficesOfficesPenthousesPenthousesResidential PlotsResidential PlotsVillasVillas100,000,000,000100,000,000,00080,000,000,00080,000,000,00060,000,000,00060,000,000,00040,000,000,00040,000,000,00020,000,000,00020,000,000,00000Sales
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Price Per Square Feet "Sale"

3,6003,6003,0003,0002,4002,4001,8001,8001,2001,200600600Price774.241080.21251183.45951268.50351307.53011760.40961683.15622084.37441711.45821744.17151842.28951503.25281490.51752043.90622797.97033021.86573135.77822008200820092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024
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Yearly Transactions and Rent

Transactions
Sales
6,0006,0005,0005,0004,0004,0003,0003,0002,0002,0001,0001,00000Transactions20112011201220122013201320142014201520152016201620172017201820182019201920202020202120212022202220232023202420242,000,000,0002,000,000,0001,600,000,0001,600,000,0001,200,000,0001,200,000,000800,000,000800,000,000400,000,000400,000,00000Sales
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Transactions and Rent by Property Types

Transactions
Sales
50,00050,00040,00040,00030,00030,00020,00020,00010,00010,00000TransactionsApartmentsApartmentsCommercial BuildingsCommercial BuildingsHotel ApartmentHotel ApartmentHotel ApartmentsHotel ApartmentsPenthousesPenthousesResidential BuildingResidential BuildingVillasVillas8,000,000,0008,000,000,0006,000,000,0006,000,000,0004,000,000,0004,000,000,0002,000,000,0002,000,000,00000Sales
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Price Per Square Feet "Rent"

24024020020016016012012080804040Price86.1818223.0147222.9809118.3012120.459899.188795.4493104.7548122.807681.965884.8051104.044129.6569158.59642011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024
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