Find Homes by Drive TimeThe real estate market of Dubai has evolved with the passage of time. From taking new initiatives to making regulatory changes, Dubai property has come quite far. Recently, it has introduced freehold residential properties in Dubai that have previously had no scope. Palm Jumeirah is a major example of this paradigm shift. Being one of the most iconic landmarks of Dubai, Palm Jumeirah has been the first one to observe the momentum gathered by the real estate market of Dubai. Known as the 'eighth wonder of the world’, Palm Jumeirah is made of a 2-kilometre long trunk, 17 fronds and a crescent. Launched in the year 2001, Palm Jumeirah is a 5.72 sq. km. flagship project developed by Nakheel. Comprising 4,000 luxury apartments and villas, the real estate in Palm Jumeirah extends 5 kilometres into the Arabian Gulf. If you are looking to buy a contemporary property unit, buying one in the plush community of Palm Jumeirah would be a great option for you.
Delicately made from 120 million cubic metres of sand and 7 million tons of rock which is dredged from the Hajar Mountains, Palm Jumeirah is one of the most extraordinary engineering projects ever undertaken by Dubai. Swathing a variety of resorts, restaurants and residential and commercial precincts, Palm Jumeirah offers a variety of fundamental and recreational facilities to the occupants. As far as its residential properties are concerned, Palm Jumeirah contains more than 1,420 flats, 364 houses, 28 townhouses, 83 penthouses and 45 hotel flats that offer a unique living experience to the occupants. Likewise, Palm Jumeirah has a variety of commercial properties that include 11 shops and over 5 uncluttered workspaces that are spacious, do not quarantine workers by the restricting walls of a cubicle and encourage open discussions.
Palm Jumeirah delivers jaw-dropping views of Dubai's skyline, offers tandem skydiving opportunities, lets people enjoy a palm-fringed swimming pool and makes them paddle through the calm waters of the sea. Owing to these excellent features of Palm Jumeirah, people want to buy a property unit in the community. If you want a perfect holiday retreat, you should go for apartments in Palm Jumeirah. They are available at a price of around AED 2,100,000. In case, you want a perfect escape in an idyllic setting, the villas for sale in Palm Jumeirah would be an ideal option for you. You can purchase them at a price that ranges between AED 5,900,000 and AED 8,000,000. If you are looking for a less-expensive residential unit then opt for townhouses in Palm Jumeirah. You can buy them at a reasonable cost of AED 2,500,000.
You can explore many places in Palm Jumeirah, such as The Penthouse, an adults-only hideaway nestled on the 16th floor of Five Hotel that offers panoramic views of Dubai's skyline and various food and beverage facilities. In addition to that, Skydive Dubai is a wonderful area in Palm Jumeirah that gives an adrenaline rush to residents by giving them an opportunity to skydive at the speed of up to 120 mph. Besides that, the Riva Beach Club is a top-notch resort in Palm Jumeirah that features a Mediterranean restaurant, gazebo bar and a Spanish beach club El Chiringuito.
An engineering marvel, Palm Jumeirah is connected to the mainland through Al Sufou road, offering direct access to Dubai's main thoroughfare, Sheikh Zayed Road. Transportation is not an issue since the Palm has a one-of-a-kind monorail that makes it easy for residents to move in and out of the area. The island is also home to a number of restaurants, such as Bread Street Kitchen & Bar and Social by Heinz Beck, shopping outlets, such as Nakheel Mall and beautiful parks such as Al Ittihad Park and Aquaventure Waterpark. Keeping in view these features, an investment in Palm Jumeirah would be a great option.
