Yasin Valimulla - Private Client Advisor

Palm Jumeirah Q2 2024 Market Report Sales Transactions

Tue, 02 Jul 2024 01:19:04 -0700

Detailed Market Report : Palm Jumeirah Real Estate Secondary Properties

Q2 2024

Executive Summary:

The Palm Jumeirah real estate market exhibited notable activity in the second quarter of 2024, maintaining robust transaction volumes across luxury apartments and villas. This report consolidates the findings from Q2 2024, providing a comprehensive overview of the current market trends, investment opportunities, and future outlook for one of Dubai's most prestigious locales.

Market Overview:

In Q2 2024, Palm Jumeirah recorded a total of 310 real estate transactions, accumulating a sales volume of AED 2.70 billion. This performance shows a slight increase in transaction volume compared to the first quarter, indicating sustained interest in luxury property transactions.

Sales Performance:

Volume of Sales: 310 transactions
Total Value of Transactions: AED 2.70 billion
Median Transaction Size: 1,780 sqft

Price...Read More

Palm Jumeirah Q1 2024 Market Report Sales Transactions

Tue, 23 Apr 2024 01:11:27 -0700

Market Report: Palm Jumeirah Real Estate Secondary Properties Q1 2024
Executive Summary:
The real estate market in Palm Jumeirah has demonstrated robust activity in the first quarter of 2024, marked by a healthy mix of transactions across luxury apartments and expansive villas. This report consolidates findings from two detailed analyses to present a comprehensive overview of the current market trends, investment opportunities, and future outlook for one of Dubai's most prestigious locales.
Market Overview:
In Q1 2024, Palm Jumeirah saw a total of 302 real estate transactions, accumulating a sales volume of AED 2.61 billion. This performance indicates a slight dip in transaction volume compared to the previous quarter but underscores a shift towards higher value and luxury property transactions.

Sales Performance:
Volume of Sales: 302 transactions
- Total Value of Transactions: AED 2.61 billion
Read More

Market Report Palm Jumeirah Villas Q1 2024

Mon, 22 Apr 2024 01:07:57 -0700

Overview
This report provides a comprehensive overview of recent villa sales in the prestigious Palm Jumeirah area, focusing on various different villa transactions As property owners or potential investors, this data will help you understand current market trends and property values in this elite Dubai locale.
There were a total of 29 transactions in Q1 2024 for Palm Jumeirah Villas. The cumulative amount for these sales reached approximately AED 1,239,529,496 in comparisson Q4 2023 observed 25 transactions, with a total sales volume significantly lower, indicating an increase in both transaction count and total sales value in Q1 2024.

Signature Villas and Garden Homes
Most Expensive Sale: A 5-bedroom villa in Signature Villas sold for AED 128,450,000, with a size of 7,000 sqft and a price per sqft of AED 18,350 (Frond F).
High-End Properties: Other notable transactions include villas ranging from 5,000 to 7,886 sqft, priced from AED 32,300,000 to AED 88,000,000.
Average Price per Sqft: Among the premium 5-bedroom...Read More

Palm Jumeirah 2023 Market Report Sales Transactions

Tue, 23 Jan 2024 03:28:25 -0800

2023 Palm Jumeirah Full Market Report For SecondaryMarket Properties
---
Total Volume Of Sales (Ready Built): 1,657 (12% Decrease From 2022)
Total Amount Of Sales (AED): 16.14 Billion AED (1.6% Increase From 2022)
Apartments: 1,206Read More

Palm Jumeirah Q2 2023 Market Report Sales Transactions

Mon, 24 Jul 2023 23:41:52 -0700

2023 Palm Jumeirah Q2 Market Report - Sales Transactions
Transactions Recorded at Dubai Land Department (DLD)
Palm Jumeirah "Secondary Market" Sales – Q2 2023
Total Volume of Sales: 474 | 7% Increase from Q1 2023
Total amount of Sales (AED): 3.84 Billion | 15% Decrease from Q1 2023
Apartments Sold: 346 | 3% Decrease from Q1 2023
Villas / Townhouses Sold: 64 | 18% Increase from Q1 2023
Commercial Land / Plots Sold: 35
Read More

Palm Jumeirah Q1 2023 Market Report Sales Transactions

Mon, 03 Apr 2023 03:09:23 -0700

2023 Palm Jumeirah Q1 Market Report - Sales Transactions
Transactions Recorded at Dubai Land Department (DLD)
Palm Jumeirah "Secondary Market" Sales – Q1 2023
Total Volume of Sales: 531 | 5% Increase from Q4 2022
Total amount of Sales (AED): 4.52 Billion | 4% Decrease from Q4 2022
Apartments Sold: 336 | 3% Decrease from Q4 2022
Villas / Townhouses Sold: 54 | Same as Q4 2022
Commercial Land / Plots Sold: 51
2022 Palm Jumeirah Full Market Report For Secondary Market Properties
Total Volume Of Sales (Ready Built): 1,901 (50% Increase From 2021)
Total Amount Of Sales (Aed): 15.89 Billion Aed (58% Increase From 2021)
Apartments: 1,305 (49% Increase From 2021)
Read More

2022 Palm Jumeirah Q4 Market Report Sales Transactions

Tue, 31 Jan 2023 01:57:42 -0800

2022 Palm Jumeirah Q4 Market Report - Sales Transactions
Transactions Recorded at Dubai Land Department (DLD)
Palm Jumeirah "Secondary Market" Sales – Q4 2022
Total Volume of Sales: 507 | 13% Increase from Q3 2022
Total amount of Sales (AED): 4.7 Billion | 28% Increase from Q3 2022
Apartments Sold: 346
Read More

2022 Palm Jumeirah Q3 Market Report - Sales Transactions

Tue, 04 Oct 2022 05:20:32 -0700

2022 Palm Jumeirah Q3 Market Report - Sales Transactions
Transactions Recorded at Dubai Land Department (DLD)
Palm Jumeirah "Secondary Market" Sales – Q3 2022
Total Volume of Sales: 447 | 16% Decrease from Q2 2022
Total amount of Sales (AED): 3.65 Billion | Same as Q2 2022
Apartments Sold: 324
Villas / Townhouses...Read More

2022 Palm Jumeirah Q2 Market Report - Sales Transactions

Fri, 08 Jul 2022 00:05:05 -0700

2022 Palm Jumeirah Q2 Market Report - Sales Transaction
Transactions Recorded at Dubai Land Department (DLD)
Palm Jumeirah "Secondary Market" Sales – Q2 2022
Total Volume of Sales: 534 | 29% Increase from Q1 2022
Total amount of Sales (AED): 3.64 Billion | 7% Decrease from Q1 2022
Apartments Sold: 424