Property in Palm Jumeirah
One of the most flourishing and continuously developing cities in the world, Dubai is without a doubt an ideal spot for investors. Owing to the never-ending demand for economic growth, investors and individuals from around the world flock to the city to take their careers to the next level. Investors, business owners, and entrepreneurs who come here not only have access to a plethora of great opportunities, but they also get to enjoy a high standard of living. Real estate is at the core of Dubai’s thriving economy, and the luxury property market is its crown jewel. If you are planning to invest in Dubai, make sure you consider Palm Jumeirah for its exquisite real estate.
Why should you invest in property in Palm Jumeirah?
Palm Jumeirah is one of the most sough-after locations for luxury residential properties in Dubai. Investors and individuals who want to buy high-end villas, mansions, or apartments can find the same here. This man-made wonder is the beating heart of Dubai. Spread-eagle along the coastline, Palm Jumeirah is still developing to make way for new and exciting investment opportunities. Such is the lure of Palm Jumeirah that even A-list celebrities such as the Beckhams and Shah Rukh Khan have properties here. There are countless reasons for wanting to invest in Palm Jumeirah. Here are a few of them that should convince you.
Luxury at reasonable prices:
If you need a solid and stable investment vehicle, getting a property at Palm Jumeirah would be a great idea. Although property prices at this prime location tends to be higher than in lesser-known parts of Dubai, the price to luxury ratio is more than satisfactory. In fact, most of the residential properties at Palm Jumeirah are reasonably priced for the luxury, comfort, and status they offer. The properties also offer state of the world infrastructure and amenities such as round-the-clock security, gyms, spas, swimming pools, sports areas, and a plethora of dining and entertainment options.
Having a property at Palm Jumeirah also means having a prime asset that you can bank on later on. With future developments, property value is only going to increase, and investors can take advantage of that.
Incredible vistas wherever you look:
If you want a property with a view, Palm Jumeirah would top the list of ideal locations. Whether you get a villa or an apartment in one of the towers, you will be greeted with breathtaking views of the bay every day. You will also have access to some of the best beaches in the city. On the one side, you have the vast expanse of the Arabian Sea, and on the other side, you have the impressive Dubai skyline. Getting a residential or commercial property in Palm Jumeirah means you get to experience best of both worlds.
Hassle-free renting and selling:
Palm Jumirah fascinates everyone! That means countless people who visit Dubai want to get a taste of the lifestyle that a property in this region offers. Buying a property in Palm Jumeirah purely as an asset and an investment vehicle is a great idea. You can resell the property at a later date at a huge profit. On the other hand, you can also earn passive income by renting out your property. Properties in Palm Jumeirah attract many high-end investors because of the plethora of entertainment options and high standard of living they offer.
Thriving economy and advanced innovations:
This one actually applies to the whole of Dubai and not just Palm Jumeirah. As an investor, you should always look at the history of economic growth in a particular region before putting your money in the real estate. That is because you will not only be purchasing a house or a piece of land, but you will actually be investing in that country’s economy. Dubai has a stable economy and the city is constantly growing. To reduce its dependency on oil, the city’s economy has diversified. Real estate and tourism are now at the core of Dubai’s economy, and that is great news for real estate investors from around the globe.
Safety and security:
Dubai is one of the safest cities in the world. Crimes such as riots, kidnappings, theft, and public altercations are almost unheard of here. You can roam freely around the city even at night without the fear of being lynched. You can even leave your door unlocked to get something from the local shop without worrying about having your stuff stolen. The city also has a capable police force that you can rely on. The government also takes active measures to make sure that inhabitants are happy. All of these make Dubai, and especially Palm Jumeirah, ideal for real estate investments.
Categorizing properties in Palm Jumeirah
Palm Jumeirah primarily consists of three main parts – the trunk, the fronds, and the crescent. You can find some great real estate options in each section. However, style and type of real estate may vary depending on the section. Here’s a brief guide on what you can expect from these three parts of Palm Jumeirah.
1. The Trunk:
At The Trunk, you will find three large marinas designated for boat lovers and owners. There are lots of lavish restaurants, shops, and hotels here. In terms of real estate, you can find:
- Shoreline apartments
- Ocean residences
- Marina residences
- The Fairmont Palm residences
- The Golden Mile
- Tiara residences
2. The Fronds
On both sides of The Trunk, you will find 17 fronds. Having a property on the fronds means you get the beach for a front yard! Top real estate options in the Fronds include:
- Signature villas comprising of two-story exotic units with five to seven bedrooms.
- Townhouses comprising of two-story buildings with three to four bedrooms.
- Garden homes comprising of two to three story buildings with three to five bedrooms.
3. The Crescent
The Crescent covers a wide area of 11 kilometers around. There are many amazing real estate options here including:
- Royal Amwaj
- Kempinski Palm Jumeirah Residences
- The Palm, Royal Amwaj
- Emerald Palace residences
- The Grandeur residences
Top properties in Palm Jumeirah
Palm Jumeirah offers a plethora of real estate investment opportunities. However, with so many great options around, it may be difficult to narrow down one that suits your requirements the best. Hiring a reputed real estate company such as RiseUp will help you find the ideal property. Having a capable real estate agent by your side also means you can get properties at good prices. Most investment advisors will recommend these top properties in Palm Jumeirah.
If you are planning to get an apartment, Shoreline Apartments should be on top of your list. Developed by Nakheel Properties, this is one of the most sough-after communities in Palm Jumeirah. Here, you will find a cluster of 20 buildings with lavish apartments. The property is located on the Trunk, and half of the buildings are facing the beach and the other half are situated on the inner edge of the Trunk. The freehold apartments also offer luxury amenities such as health clubs, gyms, swimming pools, double glazed windows, amazing waterfront views, and 24×7 securities.
The Golden Mile:
The Golden Mile is another prime real estate in Palm Jumeirah. Here, you will find the Golden Mile Galleria, which offers countless recreational facilities for visitors and residents. The apartments here are spacious, lavish, and high-end. If you picture having walk-in closets and large bathrooms, these apartments will offer you the same. Situated on the western part of the Trunk, the community also offers a quick access to Downtown Dubai.
Dream Palm Residence:
This residential resort is the crown jewel of properties in Palm Jumeirah. Situated in the highly coveted section in the East Crescent, the Dream Palm Residence raises the bar when it comes to luxury living. If you want to be part of an elite group of people and live life king size, this is the ideal choice for you. Here, you will find lavish penthouses, spacious apartments, and superbly designed townhouses. From oasis pool yard to a private beach, you will find plenty of high-end amenities here.
Situated in the Trunk, the Tiara Residences is comprised of apartment complexes. Here, individual buildings are named as jewels such as Tanzanite, Amber, Sapphire, Emerald, Ruby, Aquamarine, and Diamond. These buildings not only come with state of the world infrastructure, but they also offer world class amenities such as sports courts, landscaped gardens, pristine beaches, pools, and gyms. From luxurious penthouses to 1, 2, and 3-BHK apartments, you will find a diverse array of properties here.
So, if you are planning to invest in Dubai, make sure to check out properties at Palm Jumeirah. If you have a sizeable sum to invest, this is the ideal spot where you will find your money’s worth. However, make sure to go through one of the top real estate agencies in Dubai. Hiring capable professionals will not only help you find the ideal property, but you can also get a great deal.