Palm Jumeirah 2023
Curated luxury property transactions verified sales data and investment-grade market analysis
Transactions
1
Average Price
AED 165,000,000
Median Price
AED 165,000,000
Avg AED/sqft
11,620
Highest Sale
AED 165,000,000
Year in Review
In 2023, Palm Jumeirah's curated luxury real estate market recorded 1 elevated transactions. This prestigious community's investment-grade properties commanded a signature average price of AED 165M, with a median transaction value of AED 165M, reflecting the prime positioning of Palm Jumeirah within Dubai's most sought-after addresses.
The investment landscape in 2023 demonstrated the enduring appeal of Palm Jumeirah's signature lifestyle proposition. With an average price per square foot of AED 11620, this year's transactions underscored the elevated market positioning that draws global high-net-worth buyers. The market's most prestigious transactiona signature property in Palm Jumeirah East Waterfrontachieved AED 165M, exemplifying the investment-grade caliber of this community's curated inventory.
Building-level engagement in 2023 highlighted concentrated activity in Palm Jumeirah East Waterfront, where signature properties continued to exemplify the investment-grade standards that define Palm Jumeirah's curated marketplace. These prestigious addresses collectively facilitated substantial transaction volume, underscoring their position as bellwethers of Palm Jumeirah's investment narrative.
The year's transaction record provides essential data for private wealth advisors, family offices and investment-grade market participants evaluating the long-term appreciation trajectory and portfolio positioning within Palm Jumeirah. All verified sales dataindexed and searchable by property type, building and transaction dateremain accessible through our comprehensive archive for strategic market analysis.
Most Prestigious Sales
| Building | Type | Bed | Date | Price | /sqft |
|---|---|---|---|---|---|
| Palm Jumeirah East Waterfront | VILLA | 6 | 2023-12-10 | AED 165,000,000 | 11,620 |
Building Activity Summary
Avg price/sqft: AED 11,620
Price per sqft Range
Minimum
AED 11,620
Maximum
AED 11,620