Palm Jumeirah — Apartments 2023 Market Report

With some record-breaking transactions making the news globally, Palm Jumeirah showed no signs of slowing down in 2023. Apartments proved particularly popular for those seeking a chic urban lifestyle in this iconic address.

Investors reaped the benefits of this prime location, seeing steady appreciation and strong rental yields especially for short term rentals. We also saw thousands of new rental contracts, with tenants choosing this location despite rising rents.
 

As the population grows and more people take up residence in this exclusive area, we expect 2024 to be another stellar year for 
Palm Jumeirah.