2018 Q2 (April - June 2018) Palm Jumeirah Market Report
SALES TRANSFERS
Total Transfers : 169 (22% Increase compared to Q1)
Apartments : 153
Land : 4
Villas : 12 (4 garden homes / 7 signature villas / 1 Townhouse)
4 garden home transfers at the following prices : 9.75m / 12m / 12m / 10m
Signature Villa transfers at the following prices : 20 / 18 / 24.56 / 40 / 18 / 56 / 18 (Please note this would also include any custom built frond villas)
1 Townhouse : 4.5m AED
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Most Expensive Property sold : 56m AED (Signature Villa)
Most Expensive apartment sold : 18.5m AED (FIVE Residences)
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H1 transactions 2018 = 307
H1 Transactions 2017 = 420
Transactions 27% down from last year Jan to June.
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RENTAL TRANSACTIONS
Total Rentals: 77 (17% less compared to Q1)
Apartments: 74
Villas / Townhouses: 3 (Garden home 385k / Canal Cove 270k / 5 Residence Townouse 330k)
Most Expensive Rental : 850k (5 Residences Apartment)
Yasin Valimulla - Associate Partner - Keller Williams Realty - o50 505 4135