Area · Transactions · 2024

Palm Jumeirah Property Transactions 2024

1,798 property sales worth ⃃ 21.6B were registered in Palm Jumeirah in 2024, 27.4% lower than 2023 by number of sales. The median sale price was ⃃ 4,050,000 and the median price per square foot ⃃ 2,769 (+0.6% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 1,798 salesUpdated: 18 Oct 2026
Property sales
1,798
−27.4% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 21.6B
−28.7% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 4,050,000
+2.5% vs 2023
1,798 sales
Median price per sq ft
⃃ 2,769
+0.6% vs 2023
1,798 sales

What types of property sold in Palm Jumeirah in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1,58187.9%⃃ 12.8B⃃ 3,850,000⃃ 2,653
Villas1236.8%⃃ 5.1B⃃ 30,900,000⃃ 5,720
Commercial30.2%⃃ 11.31M⃃ 3,550,000⃃ 1,800

How were 2024 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)31117.3%⃃ 6.7B⃃ 10,612,828⃃ 3,712
Resale (secondary)1,48782.7%⃃ 14.8B⃃ 3,750,000⃃ 2,621
Off-plan33518.6%⃃ 7.2B⃃ 12,108,000⃃ 4,513
Ready1,46381.4%⃃ 14.4B⃃ 3,500,000⃃ 2,428

How many rental contracts were registered in Palm Jumeirah in 2024?

5,091 rental contracts (new and renewed) were registered in Palm Jumeirah in 2024, at a median annual rent of ⃃ 190,000 (+15.2% on 2023). Rental yields in Palm Jumeirah

What were the most expensive property sales in Palm Jumeirah in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
28/10/2024Conrad Palm JumeirahPlot505,735 sq ft⃃ 650,000,000Resale · Ready
13/09/2024Marina ResidencePlot61,050 sq ft⃃ 386,000,000Resale · Ready
26/09/2024One At Palm Jumeirah5 beds · Apartment31,694 sq ft⃃ 275,000,000Resale · Ready
11/07/2024Palm JumeirahPlot60,377 sq ft⃃ 222,600,000Primary · Ready
18/07/2024Marina ResidenceVilla30,776 sq ft⃃ 216,000,000Resale · Ready
29/09/2024Eome6 beds · Villa25,143 sq ft⃃ 203,000,000Primary · Off-plan
24/12/2024Marina ResidencePlot15,771 sq ft⃃ 200,000,000Resale · Ready
01/10/2024Eome7 beds · Villa24,407 sq ft⃃ 170,500,000Primary · Off-plan
22/10/2024Ocean Breeze5 beds · Villa12,055 sq ft⃃ 135,000,000Resale · Ready
14/11/2024Six Senses Residences The Palm5 beds · Apartment26,605 sq ft⃃ 130,000,000Resale · Off-plan

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
30/12/2024Al Msalli1 bed · Apartment1,145 sq ft⃃ 3,472,000Resale · Ready
30/12/2024Kempinski Residences2 beds · Apartment1,758 sq ft⃃ 4,350,000Resale · Ready
30/12/2024Al Hatimi3 beds · Apartment2,144 sq ft⃃ 5,350,000Resale · Ready
30/12/2024Al Hallawi3 beds · Apartment2,221 sq ft⃃ 4,700,000Resale · Ready
30/12/2024Tanzanite3 beds · Apartment2,392 sq ft⃃ 2,751,675Resale · Ready
30/12/2024The Residences South1 bed · Apartment1,292 sq ft⃃ 2,800,000Resale · Ready
30/12/2024The 81 bed · Apartment1,013 sq ft⃃ 3,600,000Resale · Ready
30/12/2024Aquamarine2 beds · Apartment1,677 sq ft⃃ 6,000,000Resale · Ready
27/12/2024The Royal Atlantis Resort & Residences2 beds · Apartment3,621 sq ft⃃ 58,000,000Resale · Ready
27/12/2024Marina Residences 12 beds · Apartment4,045 sq ft⃃ 6,200,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2024 with the whole of 2023.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/palm-jumeirah/2024
Palm Jumeirah Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/palm-jumeirah/2024

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Palm Jumeirah in 2024?
1,798 property sales worth ⃃ 21,557,082,236 were registered in Palm Jumeirah in 2024. That is 27.4% lower than 2023.
What was the median property price in Palm Jumeirah in 2024?
The median sale price was ⃃ 4,050,000 and the median price per square foot ⃃ 2,769 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Palm Jumeirah were off-plan or from developers?
Developer (primary) sales were 17.3% of the 1,798 sales and resales 82.7%. Off-plan units made up 18.6% and ready units 81.4%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/palm-jumeirah/2024