Palm Jumeirah Market Report
October 2024
Transactions
1
0% MoM
Total Volume
AED 180.0M
0% MoM
Average Price
AED 180.0M
0% MoM
Avg Price/Sqft
AED 10,909
Median: AED 180.0M
Market Analysis
Palm Jumeirah recorded 1 transactions totaling AED 180.0M in October 2024, with average prices trending stable.
Performance Trends
Month-over-Month
Volume Change
0%
Average Price Change
0%
Transaction Count Change
0%
Year-over-Year
Volume Change
0%
Average Price Change
0%
Transaction Count Change
0%
Property Type Distribution
VILLA
1
100% of transactions
Avg: AED 180.0M
Premium Transaction
Palm Jumeirah Crescent Mansion
VILLA
Price
AED 180.0M
Bedrooms
7
Price/Sqft
AED 10,909
Transacted: 10/10/2024
Frequently Asked Questions
What was the average transaction price in Palm Jumeirah during October 2024?
The average transaction price in Palm Jumeirah for October 2024 was AED 180,000,000. This metric reflects the luxury positioning and desirability of the community during this period.
How many transactions occurred in Palm Jumeirah in October 2024?
1 transactions were recorded in Palm Jumeirah during October 2024, representing a 0% month-over-month change.
What property types dominated the market in Palm Jumeirah during October 2024?
Transaction data reflects diverse property type preferences aligned with luxury market positioning.
Is Palm Jumeirah a sound investment in October 2024?
Evaluate Palm Jumeirah based on the October 2024 performance metrics: transaction volume, average prices and year-over-year trends. Compare with other luxury communities to assess relative value. Consult with MRK's investment advisory team for personalized guidance.
How does October 2024 compare to the previous month in Palm Jumeirah?
Month-over-month, Palm Jumeirah showed a 0% change in average prices and a 0% change in transaction volume, indicating adjusting market conditions.