Raffles The Palm
Palm Jumeirah
Developer: Meraas
Branded: Raffles Hotels
Current Price
AED 5,900
per sqft
Rental Yield
4.6%
Total Units
126
Floors
17
Year Completed
2020
Tier
LUXURY
Investment Thesis
Established beachfront luxury branded residence with heritage Raffles cachet, consistent yields and proven capital appreciation.
Best For
- Yield investors
- Brand-conscious buyers
- End-users
Tier Classification
Luxury tier with strong brand presence, premium amenities and international appeal.
12-Month Price History
2025-07
AED 5,865
2025-08
AED 5,823
2025-09
AED 5,815
2025-10
AED 5,840
2025-11
AED 5,892
2025-12
AED 5,955
2026-01
AED 6,014
2026-02
AED 6,052
2026-03
AED 6,059
2026-04
AED 6,031
2026-05
AED 5,974
2026-06
AED 5,900
Trend: Upward trend over past 12 months
Unit Mix
1 Bedroom
28
2 Bedroom
52
3 Bedroom
38
Penthouse
8
Recent Transactions
| Unit | BR | Area (sqft) | Price (AED) | Date |
|---|---|---|---|---|
| 2108 | 3 | 3,100 | AED 18,290,000 | 2/12/2026 |
| 1505 | 2 | 2,000 | AED 11,800,000 | 1/10/2026 |
Rental Yield & Annual Rent
Gross Rental Yield
4.6%
1BR Annual Rent
AED 260,000
2BR Annual Rent
AED 420,000
3BR Annual Rent
AED 580,000
Amenities
Private beach
Infinity pool
Raffles spa
Multiple restaurants
Wine bar
Concierge
Fitness center
Business lounge
Proximity & Access
Metro: Palm Jumeirah
11 min away
Airport: DXB
23 min away
Beach
1 min away
Downtown Dubai
33 min away
Pros
- Established track record (2020)
- Strong 4.6% yields
- Raffles hospitality services
- Beachfront premium location
Cons
- Mature asset with slower appreciation
- Larger unit count (less exclusivity)
- Competitive secondary market
Interested in Raffles The Palm?
Get personalized investment analysis, off-market access and expert guidance from our team.