Community · #4 by 12M value

Palm Jumeirah

Median price per sqft · last 3 months

AED 3,262 /sqft

3M like-for-like: up 4.5%
vs 1 year ago: up 6.2%
Sales 30D: 73

Market bulletin · Thu, 22 Oct 2026

Palm Jumeirah: median AED 3,262/sqft, up 4.5% over three months on 144 sales

Palm Jumeirah recorded 73 sales worth AED 1.01B in the 30 days to Thu, 22 Oct 2026, up 128.1% on the previous 30 days. Over the last week 29 sales were registered (AED 287M), against 12 the week before.

The median sale over the last three months was AED 6.09M, or AED 3,262/sqft — like-for-like prices per sqft up 4.5% on the previous three months and up 6.2% on a year earlier. Monthly medians over the past year ranged from AED 2,374/sqft to AED 4,861/sqft.

By market over 12 months: developer off-plan sales 23.8%, off-plan resales 7.8%, secondary (ready) sales 68.4%. Off-plan resales traded at a median 27.6% discount to developer prices per sqft.

Bella - Passo Building 2 was the most active project by value over 12 months (59 sales, AED 718M), and Nakheel the leading developer with 46.2% of value.

Leases registered in the last three months had a median annual rent of AED 190K; like-for-like rent per sqft is flat on the previous three months. The best gross yield is on Studio apartments at about 6.2%.

Median AED/sqft

Monthly median of all registered sales

View data table

Median AED/sqft
Date	AED/sqft
Oct 26	AED 3,963
Sept 26	AED 3,363
Aug 26	AED 2,374
Jul 26	AED 3,146
Jun 26	AED 4,019
May 26	AED 3,516
Apr 26	AED 3,934
Mar 26	AED 4,861
Feb 26	AED 3,824
Jan 26	AED 3,637
Dec 25	AED 3,263
Nov 25	AED 4,055
Oct 25	AED 3,559
Sept 25	AED 2,983
Aug 25	AED 2,732
Jul 25	AED 4,027
Jun 25	AED 2,823
May 25	AED 3,022
Apr 25	AED 2,402
Mar 25	AED 2,505
Feb 25	AED 2,416
Jan 25	AED 2,698
Dec 24	AED 2,776
Nov 24	AED 2,415

Off-plan vs resale vs secondary

Monthly median AED/sqft by market (months with 10+ sales)

View data table

Off-plan vs resale vs secondary
Date	Off-plan (developer)	Off-plan resale	Secondary (ready)
Oct 26	—	—	AED 3,888
Sept 26	AED 5,491	—	AED 2,370
Aug 26	—	—	AED 2,289
Jul 26	AED 5,883	—	AED 2,512
Jun 26	AED 6,558	—	AED 2,236
May 26	—	—	AED 2,933
Apr 26	AED 5,701	—	AED 2,552
Mar 26	AED 6,477	—	AED 2,732
Feb 26	AED 7,053	AED 4,065	AED 3,060
Jan 26	AED 5,909	AED 5,178	AED 2,870
Dec 25	AED 5,361	AED 4,541	AED 2,891
Nov 25	AED 5,534	—	AED 2,768
Oct 25	AED 5,262	AED 3,638	AED 2,714
Sept 25	AED 6,272	AED 3,552	AED 2,538
Aug 25	AED 7,242	—	AED 2,469
Jul 25	AED 4,800	AED 5,119	AED 2,625
Jun 25	—	AED 4,019	AED 2,523
May 25	—	AED 4,040	AED 2,901
Apr 25	—	AED 3,902	AED 2,293
Mar 25	AED 7,297	AED 3,942	AED 2,295
Feb 25	—	AED 3,808	AED 2,326
Jan 25	—	AED 4,092	AED 2,379
Dec 24	—	AED 3,655	AED 2,627
Nov 24	—	AED 3,564	AED 2,286

Sales per month

Registered sales by market

View data table

Sales per month
Date	Off-plan (developer)	Off-plan resale	Secondary (ready)
Oct 26	3	4	47
Sept 26	12	4	27
Aug 26	5	0	32
Jul 26	12	4	36
Jun 26	20	3	28
May 26	9	4	36
Apr 26	20	0	35
Mar 26	28	4	32
Feb 26	23	12	70
Jan 26	22	12	89
Dec 25	11	15	101
Nov 25	47	8	86

Period comparison

This market against its own past: each window vs the one before it and vs the same window a year earlier.

Period comparison
Window	Sales	vs prior	vs 1Y ago	Value	vs prior	AED/sqft	vs prior	vs 1Y ago
Last 1 month	73	up 128.1%	down 39.7%	AED 1.01B	up 212.1%	3,888	up 67.2%	down 5.2%
Last 3 months	144	down 4.6%	down 68.0%	AED 1.98B	down 1.3%	3,262	down 10.2%	up 8.7%
Last 6 months	295	down 54.1%	down 66.5%	AED 3.98B	down 50.3%	3,395	down 8.8%	up 7.6%
Last 12 months	949	down 58.1%	down 58.1%	AED 12.11B	down 51.9%	3,639	up 33.2%	up 33.2%

Raw medians — the headline change above is like-for-like (same market, type and bedrooms).

Off-plan, resale and secondary (12M)
Market	Sales	Share	Median price	AED/sqft	1Y
Off-plan (developer)	226	24%	AED 10.2M	5,929	up 5.7%
Off-plan resale	74	8%	AED 9.71M	4,290	up 5.7%
Secondary (ready)	649	68%	AED 4.65M	2,815	up 16.2%

By bedrooms (12M)
Bedrooms	Sales	Share	Median price	AED/sqft	1Y
Studio	71	8%	AED 1.45M	2,828	down 4.7%
1 bedroom	184	20%	AED 3.32M	2,999	up 18.0%
2 bedrooms	359	38%	AED 6.20M	3,532	up 56.8%
3 bedrooms	203	22%	AED 11.9M	4,035	up 62.4%
4 bedrooms	74	8%	AED 29.3M	5,612	up 21.6%
5+ bedrooms	52	6%	AED 60.5M	7,842	up 29.9%

By property type (12M)
Type	Sales	Share	Median price	AED/sqft	1Y
Apartments	836	88%	AED 5.96M	3,510	up 39.6%
Villas	66	7%	AED 40.0M	7,046	up 25.8%
Hotel apartments	46	5%	AED 1.89M	2,429	down 13.2%
Plots	1	0%	—	—	—

By price band (12M)
Price	Sales	Share	Median price	AED/sqft	1Y
Under AED 2M	85	9%	AED 1.38M	2,523	up 3.7%
AED 2M–10M	578	61%	AED 4.86M	2,960	up 28.0%
AED 10M–50M	231	24%	AED 16.4M	6,180	up 25.0%
AED 50M+	55	6%	AED 64.0M	8,496	down 4.1%

Rents & yields

Leases registered with Ejari / DLD.

Median annual rent

Monthly median of registered leases (new and renewed)

View data table

Median annual rent
Date	Annual rent
Oct 26	AED 200K
Sept 26	AED 190K
Aug 26	AED 190K
Jul 26	AED 192K
Jun 26	AED 200K
May 26	AED 205K
Apr 26	AED 130K
Mar 26	AED 48K
Feb 26	AED 175K
Jan 26	AED 200K
Dec 25	AED 220K
Nov 25	AED 210K
Oct 25	AED 205K
Sept 25	AED 195K
Aug 25	AED 195K
Jul 25	AED 198K
Jun 25	AED 205K
May 25	AED 158K
Apr 25	AED 203K
Mar 25	AED 200K
Feb 25	AED 205K
Jan 25	AED 190K
Dec 24	AED 200K
Nov 24	AED 200K

Leases (12M): 5,859
New leases: 54.6%
Median rent 3M: AED 190K
Rent/sqft 3M: AED 122

Gross yield
Studio apartments	AED 90K / AED 1.45M	6.2%
1 BR apartments	AED 148K / AED 2.75M	5.4%
2 BR apartments	AED 205K / AED 4.65M	4.4%
3 BR apartments	AED 280K / AED 6.60M	4.2%
4 BR apartments	AED 450K / AED 16.6M	2.7%
3 BR villas & townhouses	AED 510K / AED 23.1M	2.2%
4 BR villas & townhouses	AED 900K / AED 33.0M	2.7%
5+ BR villas & townhouses	AED 1.30M / AED 61.5M	2.1%

Rent by bedrooms (12M)
Bedrooms	Leases	Median rent	New leases	AED/sqft/yr
Studio	243	AED 90K	AED 90K	192
1 BR	1,106	AED 148K	AED 150K	127
2 BR	1,474	AED 205K	AED 220K	117
3 BR	706	AED 284K	AED 300K	121
4 BR	215	AED 800K	AED 1.00M	159
5+ BR	192	AED 1.18M	AED 1.39M	192

Top projects

By sales value, last 12 months

Top projects
Project	Sales 12M	Value 12M	AED/sqft	3M
Bella - Passo Building 2Palm Jumeirah	59	AED 718M	5,664	up 6.2%
Passo Building 1Palm Jumeirah	60	AED 623M	—	—
Como ResidencesPalm Jumeirah	11	AED 613M	—	—
Signature Villas Frond G (Al Shishi)Palm Jumeirah	4	AED 520M	—	—
Signature Villas Frond N (Al Naghal)Palm Jumeirah	6	AED 503M	—	—
The Royal Atlantis ResidencesPalm Jumeirah	16	AED 490M	—	—
Avita - Passo Building 1Palm Jumeirah	47	AED 488M	—	—
Signature Villas Frond F (Al Yabri)Palm Jumeirah	3	AED 335M	—	—
Six Senses Residences The PalmPalm Jumeirah	14	AED 328M	—	—
The Alba Residences 1Palm Jumeirah	6	AED 328M	—	—
The Alba Residences 2Palm Jumeirah	12	AED 275M	—	—
Garden HomesPalm Jumeirah	7	AED 270M	—	—
Serenia Living - Tower 1Palm Jumeirah	26	AED 225M	4,587	—
Garden Homes Frond C (Al Hilali)Palm Jumeirah	5	AED 214M	—	—
Serenia Living - Tower 2Palm Jumeirah	13	AED 200M	4,765	—

Developers in Palm Jumeirah

Their sales here only, last 12 months

Top developers
Developer	Sales 12M	Value 12M	AED/sqft	Share
Nakheel	368	AED 5.56B	2,764	46.2%
Beyond Developments	166	AED 1.83B	6,021	15.2%
Omniyat Properties	30	AED 1.07B	8,041	8.9%
Palma Real Estate	58	AED 661M	4,329	5.5%
Atlantis The Palm 2 Development	16	AED 490M	8,446	4.1%
Seven Tides International	108	AED 329M	2,871	2.7%
Select Group	14	AED 328M	6,933	2.7%
IFA Hotels & Resorts - UAE	25	AED 226M	2,350	1.9%
Arada Developments	2	AED 182M	—	1.5%
Pinnacle AKS Real Estate Development	13	AED 177M	4,667	1.5%

Similarly priced communities

Compare

Communities with the closest 12-month median AED/sqft

Peers
Name	Sales 12M	Value 12M	AED/sqft	3M
Zaabeel First	77	AED 471M	3,471	—
Palm Jebel Ali	584	AED 9.26B	3,554	up 3.0%
Zaabeel Second	76	AED 601M	3,687	—
Meydan City	1,455	AED 3.64B	3,451	down 1.1%
DIFC 2.0	196	AED 905M	3,893	down 2.1%
Al Wasl	830	AED 4.67B	3,158	up 0.8%
Dubai Harbour	613	AED 4.47B	3,716	down 8.6%
The Meadows	55	AED 702M	3,043	—

Biggest sales, last 3 months

Biggest sales in Palm Jumeirah
Price	Property	AED/sqft	Market	Date
AED 125M	5+ BR Villa · 7,000 sqft	17,857	Secondary (ready)	5 Aug
AED 110M	5+ BR Villa · 7,000 sqft	15,714	Secondary (ready)	14 Aug
AED 78.0M	4 BR Villa · 5,000 sqftGarden Homes	15,600	Secondary (ready)	8 Oct
AED 71.2M	5+ BR Apartment · 11,711 sqftComo Residences	6,083	Off-plan resale	21 Sept
AED 67.6M	5+ BR Villa · 11,000 sqftSignature Villas Frond N (Al Naghal)	6,145	Secondary (ready)	14 Oct
AED 64.9M	4 BR Apartment · 11,537 sqftComo Residences	5,624	Off-plan (developer)	23 Sept

Palm Jumeirah in the news

All reports

Daily BriefWed, 21 Oct 2026

Dubai property transactions hit AED 998m led by Palm Jumeirah sales

Daily registrations reached AED 998m across 443 transactions on Wednesday, 21 October 2026, driven by strong off-plan demand and luxury deals on Palm Jumeirah.

Sales: 443
Value: AED 998M
Off-plan: 64.6%

Daily BriefTue, 20 Oct 2026

AED 1.00bn in sales registered as Palm Jumeirah leads Dubai daily property trading

Dubai real estate registrations reached AED 1.00bn across 426 transactions on Tuesday, supported by high-value prime villa sales and strong off-plan demand.

Sales: 426
Value: AED 1.00B
Off-plan: 60.3%

Weekly Review12 Oct – 18 Oct 2026

AED 3.13 billion property sales registered across Dubai as off-plan leads

Dubai recorded 1,185 real estate transactions worth AED 3.13 billion, with primary market activity accounting for more than two-thirds of total volume led by prime coastal and master-planned communities.

Sales: 1,185
Value: AED 3.13B
Off-plan: 67.8%

Questions about Palm Jumeirah

What is the average price per sqft in Palm Jumeirah?

The median sale price in Palm Jumeirah over the last three months was AED 3,262 per sqft (median sale AED 6.09M), based on 144 sales registered with Dubai Land Department.

Are property prices in Palm Jumeirah going up?

Like-for-like prices per sqft are up 6.2% on a year earlier and up 4.5% on the previous three months.

How many properties were sold in Palm Jumeirah in the last year?

949 sales worth AED 12.11B were registered in the last 12 months: 24% developer off-plan, 8% off-plan resales and 68% secondary (ready) sales.

What is the average rent in Palm Jumeirah?

The median annual rent on leases registered in the last three months was AED 190K, and the best gross rental yield is about 6.2%.

Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.

BT AI Market Desk

Get every brief in your inbox

Create a free BT AI account to receive the daily, weekly and monthly reports by email, and search every Dubai Land Department sale and rental behind them.

Create free account iOS app Android app