Top 5 Real Estate Investment Sites In Palm Jumeirah

Palm Jumeirah is one of the most remarkable developments in the real estate sector.

This is an ambitious artificial island with some of the most spectacular apartments, hotels, villas, and even theme parks.

It would be no exaggeration to name it the eighth wonder of the world and a true engineering marvel. The Palm, as the district is known, has always been one of the best places to make real estate investments in the Dubai housing market.

Palm Jumeirah is still a popular investment place in Dubai since the first properties for sale were put into operation on the island in 2006.

A source of Emirates.Estate has prepared information on the best communities in this amazing area, which will be useful for anyone interested in investing in elite real estate in Dubai.

The best communities to acquire apartments in Palm Jumeirah

Residing at Palm Jumeirah is a one-of-a-kind experience due to its unique combination of relaxed atmosphere and prosperous lifestyle, making it one of the best places to reside and invest in Dubai.

As for the prices for the purchase of apartments in Palm Jumeirah, studios usually cost 1.17 million AED (318.5 thousand USD), one-bedroom apartments are offered for 2.24 million AED (609.8 thousand USD), and two-bedroom apartments cost 2.7 million AED (735.08 thousand USD).

If you consider renting your residential unit out and making it an investment option to generate additional income, please note that the return on investment (ROI) for apartments in Palm Jumeirah is an average of 4% a year.

5 best communities to make an investment in apartments in Palm Jumeirah

Below are the top 5 communities to acquire apartments in Palm Jumeirah according to current investment trends.

1. Shoreline Apartments

The Shoreline Apartments complex is one of the most sought-after locations to acquire apartments in Palm Jumeirah. These high-end buildings, constructed by Nakhil, are a wise investment for those considering Palm Jumeirah.

A group of 20 buildings with luxurious apartments is situated on the trunk of the Palm, 10 buildings turn to the beach, and the other 10 buildings face the inner edge of the trunk.

Available apartments for sale in Dubai at Shoreline Apartments feature luxurious amenities, such as gyms, health clubs, swimming pools, 24-hour security service, windows with double glazing, and, of course, breathtaking views of the promenade.

Here, in terms of configuration, apartments range from one- to three-bedroom options. In Shoreline Apartments, one-bedroom apartment prices start at 1.1 million AED (299,4 thousand USD), two-bedroom apartments cost 1.65 million AED (449,2 thousand USD), and the cost of three-bedroom apartments starts at 1.9 million AED (517.2 thousand USD).

2. The Crescent

The next sought-after community for housing investments in Palm Jumeirah is The Crescent. These apartments are located at the far end of the Palm and belong to the most gorgeous housing in the UAE real estate market.

If you’re thinking about making an investment in Palm Jumeirah, you might have a look at the communities of Muraba, The 8, Dream Palm Residence, and Kempinski Palm Residence.

One of the busiest neighbourhoods to live in Palma is The Crescent, which is also home to a number of expensive hotels, including the Kempinski, Rixos, and Waldorf Astoria.

There are studios, one-, two-, three-, and even four-bedroom apartments, when it comes to configuration. According to the current trends, studio flats in The Crescent have the most affordable prices, starting at AED 1.5 million ($408.3 thousand USD).

3. The Golden Mile

In third place on our list of the top 5 districts to buy apartments in the Palm is The Golden Mile. Here is the Golden Mile Gallery, which provides residents and visitors of the area with various recreational facilities.

The apartments here are decorated to meet a very high standard and feature enormous bathrooms, walk-in closets, and rooms with plenty of space.

The community is located on the western side of the highway. This is a preferable location for those willing to move to Palm Jumeirah due to the quick and simple access it provides to people travelling from Abu Dhabi or working in Downtown Dubai.

The most affordable one-bedroom apartment on the Golden Mile has a minimum price of 1.37 million AED ($372.9 thousand USD).

4. Tiara Residences

Tiara Residences is situated on the trunk of the “Palm tree”. It comes next on the list of the best places for the purchase of apartments in Palm Jumeirah.

This is a collection of housing estates at the top right part of the trunk, where separate buildings are named after precious stones, including diamond, aquamarine, ruby, emerald, sapphire, amber, and tanzanite.

A private beach for residents as well as numerous amenities like landscaped gardens, sports fields, swimming pools, gyms, and many others are available to people who purchase apartments in Tiara Residences.

This complex includes apartments with one-, two-, and three-bedroom options, as well as some premium penthouses. The lowest price for a one-bedroom apartment in Tiara Residences is AED 1.9 million ($517.2 thousand USD).

5. Marina Residences

Last on the list of the top 5 areas to invest in Palm Jumeirah is Marina Residences. Larger two-and three-bedroom apartments are available there, which are perfect for families wishing to relocate to the island.

In Marina Residences, prices for two-bedroom apartments start at 1.9 million AED (517.2 thousand USD). They are equipped with lavish amenities similar to other areas on this list.

Current property prices in Palm Jumeirah can be found in the catalogue on the Emirates. Estate website.

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