2018 Q3 (July - September 2018) Palm Jumeirah Market Report
SALES TRANSFERS
Total Transfers: 134 (22% drop compared to Q2)
Apartments: 100
Land: 16 (Land / Plots / extensions)
Villas: 18 (8 garden homes / 9 signature villas / 1 Palma Townhouse) (50% increase in villa transaction compared to Q2)
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8 garden home transfers at the following prices (Million AED) :
9 / 6.575 / 11.4 / 11 / 11.4 / 8.21 / 11.65 / 10.36 / 9
Signature Villa transfers at the following prices (Million AED) :
25 / 11.2 / 28 / 30 / 34.25 / 22 / 22.8 / 14.2 / 32
1 Palma Townhouse : 8.5m AED
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Most Expensive Property sold : 34.25m AED (Signature Villa)
Most Expensive apartment sold : 21m AED (8,508 Sqft)
2nd most expensive: 5 Residences – 4 Bed 10.6m AED
-------------- RENTAL TRANSACTIONS
Total Rentals: 94 (25% increase from Q2)
Apartments: 90 Villas :
2 Garden Homes Townhouses :
2 in Marina Residences at 200k each
Most Expensive Rental Recorded : 265k (3 Bed Apartment in Marina Residences)
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Notable Deals from myself in Q3
3 Bed upgraded C type in Fairmont Residences at 6.65m AED (same unit 1 floor lower was sold by me 2 and half years ago at 9.5m AED)
If you have any questions please get in touch, alternatively of you want some real estate advise (Buying / Selling / Renting) please let me know and w can meet at our offices on the Palm to discuss further.
Full Youtube Video discussing everything can be found on the following link : https://www.youtube.com/watch?v=hGK2JO_tcyA
Yasin Valimulla
Associate Partner Keller Williams Realty
050 505 4135