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2021 Palm Jumeirah Full Breakdown

Market Report

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2021 Palm Jumeirah Full Market Report For SecondaryMarket Properties 

Total Volume Of Sales (Ready Built): 1,262 (103% Increase From 2020) 

Total Amount Of Sales (Aed): 10.05 Billion AED (279% Increase From 2020) 

Apartments: 876 (127% Increase From 2020) 

Villas: 242 (120% Increase Than 2020) 

Land: 87 (129% Increase From 2020) 

Most Expensive Villa Sold 119.5m AED (2020 Most Expensive Villa Was 30m AED) 

Most Expensive Plot Sold: 58,760m AED 

Most Expensive Apartment Sold 77m AED – 22 Carat Residences (In 2020  it was 40m – Serenia Residences) 

 

Top 10 Residential Sales Deals 2021 (AED) 

1.  Palm Villa – 22 Carat – 119.5m

2.  Palm Villa – N100 – 111.250m 

3.  Palm Villa – 22 Carat – 105m

4.  Palm Villa – 22 Carat – 89.181m

5.  Palm Villa – Frond J – 81m

6.  Apartment – 22 Carat - 77m 

7.  Apartment – Palme Couture – 72m 

8.  Palm Villa – Frond J – 70m

9.  Palm Villa – Frond F – 69.2m

10.Palm Villa – Frond M – 65m  

 

Average Price Per Sqft For A Palm Property - 1,445 AED Per Sqft (1,130 In 2020) 

Maximum Price Per Sqft Paid: 16.000 AED A Sqft (4,288 In 2020) 

Average Property Size Sold – 1,993 AED A Sqft (1,879 In 2020) 

 

2021 Palm Jumeirah Full Market Report For Off Plan – Oqood Registered 

Total Volume Of Sales : 761 (502 In 2020) 

Total Amount Of Sales (AED): 4.37B (884.7m In 2020) 

Apartments: 293 (58 In 2020) 

Services Apartments: 468 (442 In 2020) 

Villas :

Most Expensive Apartment Sold : 43m AED One Palm 

 

Top 10 Residential Off Plan Sales in 2021 (AED) 

1.  One Palm Apartment – 43m 

2.  One Palm Apartment – 40m

3.  One Palm Apartment – 36.4m

4.  One Palm Apartment – 35.6m

5.  One Palm Apartment - 33.5m 

6.  One Palm Apartment - 33.4m

7.  Atlantis The Royal – 33.2m

8.  Atlantis The Royal – 33m

9.  One Palm Apartment – 32.2m

10.One Palm Apartment – 31.6m 

Above stats taken from Reidin– Please note we do not take any responsibility for the authenticity of the figures.  

 

Brief 2021 Palm Jumeirah Review 

The start of 2021 marked a period of sustained growth as property prices and rents across communities in the UAE including the palm increased. The villa communities especially saw a turnaround in prices. 

Palm Jumeirah villas and plots have seen the highest increase in value throughout Dubai with prices seeing up to a 100% increase within a 12-month period from December 2020 

After a challenging year we had, the palm saw an incredible turnaround with a 100% rise in property transactions and 280% increase in total amount of sales (AED) topping the 10-billion-dirham mark. A remarkable achievement which is a testament to the Popularity of the island.