Palm Jumeirah is the man-made island shaped like a palm tree, built by Nakheel and visible from the air long before it was finished. It carries the highest price per square foot of any area we track in Dubai, and for a buyer, what matters most is exactly which part of the island a given apartment sits on.
The anatomy of Palm Jumeirah
Palm Jumeirah has three parts: the Trunk, the Fronds and the Crescent. The Trunk carries the high-rise apartment towers and forms the entrance to the island. The 16 Fronds hold villas with private beaches. The Crescent is the outer breakwater, home to hotels including Atlantis and Jumeirah Zabeel Saray.
A monorail connects the Trunk to Atlantis, and the island has dedicated residents' beaches, an 11-kilometre boardwalk and a growing range of restaurants and shops. Nakheel Mall, on the Trunk, holds several hundred shops and restaurants.
Apartment developments on the Palm
Most apartments on Palm Jumeirah sit on the Trunk, in high-rise towers. The Palm Tower, at 52 storeys, is the newest and tallest residential building on the island, with a rooftop infinity pool. FIVE Palm Jumeirah combines a hotel with residences and its own beach club.
Atlantis The Royal Residences offers branded apartments with access to the Atlantis facilities. Shoreline Apartments and Golden Mile are older, established developments. One Palm, by Omniyat, sits at the very top of the market, with full-floor penthouses.
Apartments are also available on the Fronds, in smaller buildings that generally price below the Trunk towers but sit quieter and closer to the water.
Prices on Palm Jumeirah
Palm Jumeirah is the highest-priced area we track: transaction data for the first half of 2026 shows apartments here averaging AED 4,240 per square foot, more than double the citywide average of AED 1,969 (Property Monitor data, updated 7 June 2026). Within that, the Trunk, the Fronds and the newer towers each price differently, and even two apartments in the same tower can differ substantially depending on floor and outlook.
When we help you judge whether a specific unit is priced fairly, our team in Dubai works from actual transaction records for the Palm, the figures that matter more than an asking price.
Letting an apartment on the Palm
Long-term tenant demand on the Palm comes largely from senior professionals and families who want the beach and the address; short-stay demand comes from tourism, and the two markets behave differently through the year. Short-stay letting requires a licence from Dubai's Department of Economy and Tourism, the same as anywhere else in the city.
What a specific apartment would earn depends on the tower, the floor, the view and whether you let it long-term or short-stay. Our team in Dubai can talk you through the real numbers for a unit you are considering: more useful than a Palm-wide figure that will not fit most apartments on the island.
The Golden Visa and Palm Jumeirah
Given the price levels on the Palm, most purchases here clear the AED 2,000,000 (about USD 544,600) threshold for the 10-year Golden Visa on their own, without needing to combine more than one property.
Our team in Dubai guides you through the Golden Visa application as part of the purchase process, so it runs alongside the registration of your ownership as one combined process.