Secondary property in Palm Jumeirah

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Palm Jumeirah

Resale properties for sale on the Palm Jumeirah

The Palm Jumeirah is the world’s largest land reclamation project. Highly in demand among house hunters, home buyers, and overseas investors,  is this man-made palm-shaped island with the best real estate in Dubai for sale. The island offers a resort lifestyle with numerous white sandy beaches, restaurants, cafés, and some of the best hotels. It’s one of Dubai’s most prestigious districts, with most homes overlooking the magnificent coastline, the world-famous Burj Al Arab Hotel, or the Dubai Marina skyscraper district.

The famous man-made archipelago is located off the coast of Jumeirah in the Persian Gulf. The island has become one of the city’s most recognizable places of interest, attracting numerous home buyers and foreign investors every year. Secondary property for sale on the Palm Jumeirah, Dubai, the UAE, with its quality, interior decor, and exceptional landscape views, is no less inferior to new housing in the emirate. Hence, buying secondary housing on the Palm Jumeirah for foreigners means acquiring a liquid asset enabling you to live independently, rent, or resell at a  profit, as secondary real estate prices on the Palm Jumeirah tend to increase.

Advantages of the district

The man-made palm tree consists of a trunk, 16 leaves, and a crown, or crescent, a unique 11-kilometer breakwater. The trunk includes mind-blowing skyscrapers and hotels, numerous clubs and shops, cozy beaches, and the unique Al Ittihad Park with 100,000 m of plants. This location is home to the Palm Monorail, the first monorail in the Middle East.

The palm leaves are the perfect place for private villas and gated communities. Each leaf has a highway. The crescent, or crown, is the center of luxury hotels, sandy beaches, and entertainment venues. The trunk and the crescent are connected by a 1.4 km six-lane underwater automobile tunnel.

The island’s advantageous location (close to Dubai Marina on one side and Madinat Jumeirah on the other) offers a wide range of recreational opportunities for residents and visitors. It is also convenient for business: if you work in Dubai Internet City or Dubai Knowledge Park, it will take you approximately 10 minutes to get to work.

You can buy a secondary property on the Palm Jumeirah and enjoy living near the sea. Many villas on the island have access to a private beach. Elite residential complexes in the community also have their own private territory, accessible only to residents.

The island provides a perfect balance of comfort, luxury, stunning views, and social status. Community residents have access to the following amenities to make their life more comfortable:

  • sandy beaches;
  • long embankments;
  • green parks;
  • premium hotels;
  • clubs and entertainment venues with diverse nightlife and numerous amusements;
  • shopping malls;
  • numerous cafés and gourmet restaurants;
  • medical complexes and clinics;
  • fitness centers;
  • spas and beauty salons;
  • a water park for children’s entertainment;
  • an aquarium;
  • a dolphinarium.

The island also provides residents who buy a resale property on the Palm Jumeirah with easy access to many popular attractions, including:

  • The Mall of the Emirates and The Dubai Mall shopping malls are 12 and 20 minutes away from the community, respectively;
  • The Jumeirah Lakes Towers is 15 minutes away;
  • The Dubai Marina area is a 15-minute drive away from the area;
  • The Burj Khalifa is a 20-minute drive away;
  • The Dubai Creek Harbor is 30 minutes away from this famous district;
  • The best parks and resorts of the Emirate are within a 30-minute drive.

The island is also home to the famous Atlantis-themed hotel dedicated to the legendary Atlantis. The Aquaventure water park is the perfect place for family holidays, having over 100 slides and attractions, dolphins and sea lions, as well as feeding stingrays. The unique Lost Chamber aquarium is home to 65,000 marine animals. There are also luxurious restaurants, numerous stylish bars, and nightclubs.

The Boardwalk promenade stretches along the crescent for 11 kilometers. There are many coffee shops, stores, and authentic souvenir stalls along the beach. It’s a sought-after destination among both locals and tourists, with stunning views of the Persian Gulf and Dubai Marina skyscrapers.

Secondary real estate prices

The island offers its residents and elite customers a wide range of apartments and villas. The average resale property cost on the Palm Jumeirah in the apartment sector is as follows:

  • Compact studios – AED 1,650,000 ($449,000);
  • 1–bedroom apartments in the secondary housing stock on the Palm Jumeirah – AED 2,700,000 ($735,000);
  • 2-bedroom apartments in the secondary real estate market of the district – AED 3,900,000 ($1,060,000);
  • 3-bedroom apartments – AED 6,550,000 ($1,780,000);
  • 4–bedroom apartments in secondary properties on the Palm Jumeirah – AED 26,450,000 ($7,200,000);
  • 5–bedroom apartments – AED 63,740,000 ($17,350,000).

You can purchase a cozy house in Dubai on the island for approximately AED 2,600,000 ($708,000) to AED 120,000,000 ($32,670,000).

Buying a secondary property on the Palm Jumeirah

Are you planning to purchase an investment resale property on the Palm Jumeirah? If you are interested in local houses or apartments in Dubai on the secondary market, visit Ax. Resales, the official resource. The website presents the best options for secondary housing in iconic communities and districts from trusted homeowners and local famous developers. You can become acquainted with the prices in euros and dollars for secondary real estate for sale on the Palm Jumeirah in the extended catalog or speak to a qualified manager who has extensive experience in the real estate business in the UAE. To have a detailed consultation, leave your request or call the phone number listed on the website.