Raffles The Palm
Palm Jumeirah, Dubai
Luxury branded residences by Meraas. AED 4,425,000–AED 32,450,000.
Developer
Meraas
Completed
2020
Units
126 residences
Floors
17 storeys
Price / sq ft
AED 5,900
Tier
Luxury · Raffles Hotels
Overview
Established beachfront luxury branded residence with heritage Raffles cachet, consistent yields and proven capital appreciation.
Strengths
- ✓ Established track record (2020)
- ✓ Strong 4.6% yields
- ✓ Raffles hospitality services
- ✓ Beachfront premium location
Considerations
- • Mature asset with slower appreciation
- • Larger unit count (less exclusivity)
- • Competitive secondary market
Residence Collection
1 Bedroom
22% of inventory
750–1,000 sq ft
From AED 4,425,000
2 Bedroom
41% of inventory
1,000–1,400 sq ft
From AED 5,900,000
3 Bedroom
30% of inventory
1,400–2,100 sq ft
From AED 8,260,000
Penthouse
6% of inventory
3,200–6,500 sq ft
From AED 18,880,000
Investment Profile
Gross Rental Yield
4.6%
Annual Rent (1-Bed)
AED 260,000
Annual Rent (2-Bed)
AED 420,000
Golden Visa Eligibility
Units valued at AED 2M+ qualify for the UAE Golden Visa a renewable residency visa for investors.
Best Suited For
Yield investorsBrand-conscious buyersEnd-users
Recent Transactions
| Unit | Bedrooms | Area | Price | AED / sq ft | Date |
|---|---|---|---|---|---|
| 2108 | 3-Bed | 3,100 sq ft | AED 18,290,000 | AED 0 | 2026-02-12 |
| 1505 | 2-Bed | 2,000 sq ft | AED 11,800,000 | AED 0 | 2026-01-10 |
Amenities & Lifestyle
Private beach
Infinity pool
Raffles spa
Multiple restaurants
Wine bar
Concierge
Fitness center
Business lounge
Location & Connectivity
1 min
Beach Access
33 min
Downtown Dubai
23 min
DXB Airport
11 min
Palm Jumeirah Metro