Palm Jumeirah Market Report - Autumn 2022

Written by Adam Gee

What is the latest that’s happening on Palm Jumeirah?

Dubai’s most prestigious and highly sought after beachfront community continues to demonstrate why it holds the number one position amongst investors, end users and tenants.

The Palm has recently seen a flurry of activity, namely with high end apartments, with transaction volume seeing a year on year increase of over 80%. Despite its popularity, or perhaps in part due to it, there is a severe lack of stock affecting the market. As a result, prices have increased by 10.09% year on year. Could the completion of new projects in 2023 help to alleviate supply concerns? Or can we anticipate further gains in terms of pricing?

For a full in depth analysis into the community, take a look at our latest market report.