RESIDENTIAL AND COMMERCIAL BUILDINGS IN PALM JUMEIRAH

One might imagine emerging from the Arabian Gulf, the Palm Jumeirah symbolizes human ingenuity and vision. This emblematic man-made island is palm-shaped and visible from outer space and has become synonymous with Dubai`s desire to be unparalleled. Life at the Palm Jumeirah combines wealth with tranquility. The luxuriant beaches and top hotels form a haven of lavishness, drawing in tourists and residents alike. Vibrant, from exclusive villas to five-star hotels, the Palm Jumeirah atmosphere is stunningly distinctive but also orderly.

At the Palm Jumeirah, it is also an experience, not just a destination. The cerebral twist between metropolitan living and living next to the ocean creates an awareness of the potential that is both exhilarating and quietly contained. The towers on the island add to the energy of isolation and connection. More than simply buildings, these beautiful aesthetic adornments define two functionalities—they embrace a complexity of hyper-positivity surrounding fabrication and economy, not just tourism. As leisure becomes more striated and ongoing, with densely articulated hierarchies to both building and experience, one can consider the realization of architectural works `occupied at Palm Jumeirah` as a decidedly understated capstone of luxury.

Each tower boasts fine dining, entertainment, and corporate global entities, represented within and around the recognizable settings now quickly heralded as the Palm Jumeirah - a cultural nexus of incredible touristic leisure and visible intruders of classifiable business. Each tower is evoked as a structure while contributing to the overall grandiosity experience available in Palm Jumeirah - leisure and economy converge, and life and advantage exist in Palm Jumeirah in the utmost luxury.

Here are the top 15 residential and commercial buildings with Interesting facts and features.

10 Residential Buildings in Palm Jumeirah

1. Oceana Residences

Located centrally on a coveted trunk of Palm Jumeirah, it offers easy access to the iconic landmarks of Dubai. You can reach Burj AL Arab, Dubai Marina, and Mall of Emirates in just a 15-minute drive and reach Atlantis, The Palm in Just 5-7 Minutes, Burj Khalifa and Downtown Dubai in 30 Minutes. The Oceana Residences are a complex of 7 buildings, such as Adriatic, Baltic, and Caribbean, designed with various architectural layouts and designs.

The Residence has resort-like vibes with an infinity pool, private beach access, and a river. The apartments are equipped with 1 to 4 bedrooms and are known for spacious layouts and high-end finishes. Oceana is connected to the Duke 5-star hotel.

Interesting facts about Oceana Residences:

• The Sultan of Brunei once owned some high-end penthouses and apartments, adding a regal touch to the property.
• Residents can experience a unique ecosystem of marine life that has flourished around the Palm`s shores.
• A secret dining club within the residential community is exclusive to VIP guests and residents.
• Oceana Residences offers private yacht access for boat trips directly from Residence.
• Celebrity residents like world-famous actors, athletes, and musicians often keep their ownership in Oceana.
• An underground tunnel in Oceana provides discreet access to staff and services, ensuring residents` privacy and comfort.

2. Shoreline Apartments

Shoreline Apartments are located on the trunk of the Palm Jumeirah. This is one of the most sought-after residential apartments in Dubai. It is a combination of resort-style luxury and residential living. One of the biggest attractions for the residents is exclusive beach club access, which offers beachfront lounges, swimming pools, and fully-equipped gyms.

Shoreline offers fitness and wellness facilities separately for men and women. Residents can enjoy the Al fresco meals, cafes, and beachside restaurants with stunning views of the Arabian Gulf. Lush gardens surround the apartments, adding greenery and serenity. The Residence offers pet-friendly communities, and it also has standout health and fitness walkways.

Exciting Facts About Shoreline Apartments:

• Residents can reach Burj Al Arab, Dubai Marina, Atlantis, The Palm, and Emirates Mall in just 15 minutes.
• Shoreline Apartments has a hidden underground service network that allows maintenance and deliveries.
• Beyond the beach view, the sunset-facing apartments are the real magic that offers a picturesque backdrop.
• Shoreline Apartments are known for their cultural events, festivals, and private gatherings.
• A few limited edition units are upgraded with top-notch interiors by international architects and sold to high-net-worth individuals.
• Starlit beach nights are magical and have star-shaped lights embedded in the sand.

3. The Palm Tower Residences

The Palm Tower residences are high-rise buildings 52 stories above the iconic Palm Jumeirah, making it the tallest structure on the Island. It dominates the skyline and offers a striking view from the Island and mainland. The modern and sleek design elements in the building reflect the futuristic aesthetics of Dubai. There are exclusive sky residences on the Palm Tower`s upper floors dedicated to premium residences that offer high-end luxury apartments on the 19th and 47th floors.

Every apartment is equipped and designed with modern appliances, smart home systems, and luxurious furnishings like hardwood floors, ensuring comfort and luxury. It has a multi-level podium wherein the residences also access the exclusive luxury hotel St. Regis Dubai. The podium links to the hotel`s residences and offers shared amenities like fitness centers, high-end retail spaces, and more.

Interesting facts about Palm Tower Residences

• Residents can reach Atlantis, The Palm in 5 minutes, Dubai Marina, Burj AI Arab, Downtown Dubai, and Burj Khalifa in under 20 minutes.
• The Residence offers an infinity sky pool and an observation deck on the 50th floor, one of the highest in the world.
• The observation deck offers jaw-dropping views of Dubai Skyline with 360-degree panoramic views of Palm Jumeirah and beyond.
• Direct connection of Nakheel, offering easy access to residents to 350 retail outlets, restaurants, and entertainment options.
• Attractive Sky Bridge design that connects hotel and residential sections of the tower and adds unique aesthetic appeal to the Residence.
• Residents of Palm Tower can witness three water bodies: Arabian Gulf, Dubai Marina waters, and Palm Jumeirah Inner lagoons, which are rare visual treats.

4. Serenia Residences

Serenia Residences are a collection of luxury beachfront apartments in the east crescent of Palm Jumeirah and offer an exclusive living experience for the residents. Minimalist architecture focuses on peaceful and contemporary spaces, which makes the building stand out from the rest.

These residences are designed for residents expecting privacy and tranquility in Palm Jumeirah and a relaxed resort-style lifestyle. The Residence offers interrupted views of the Arabian Gulf and iconic Dubai skyline that covers major landmarks like Burj AI Arab, Burj Khalifa, and others.

Interesting facts about Serenia Residences

• Serenia comes from the word `serene,` which reflects calm and peacefulness. The building focuses on the tranquility in architecture, the landscape design, and the exclusive access to the beachfront.
• The Serenia Residence offers the best panoramic views of Palm Jumeirah. Residents can enjoy uninterrupted views of the Arabian Gulf on one side and Dubai`s skyline, including Burj Khalifa, on the other.
• Serenia Residences have a horseshoe-shaped design, maximizing beachfront positioning. This unique design allows maximum exposure to the sea, giving shoreline access while ensuring privacy.
• The residents are also offered private pool cabanas with luxurious space for sunbathing and relaxing by the pool.

5. One Palm by Omniyat

One Palm by Omniyat is a luxurious residential residence on Palm Jumeirah. It was developed by the renowned developer Omniyat. The ultra-exclusive building redefined high-end living with its versatile architecture and global amenities. Every residence has unique architecture blended with functionality, luxury, and optimal privacy.

This landscape was designed by the well-known architect Vladimir Djurovic. He is famous for his unique ability to harmonize and amalgamate nature into modern architecture. That`s why the outdoors at One Palm is lush and serene, with beautiful gardens and water features that bring tranquil vibes throughout the buildings.

Interesting facts about One Palm by Omniyat

• One Palm is designed by the award-winning architectural firm SOMA in New York and stands out with its excellent asymmetrical design, which creates the illusion of stacked glass blocks.
• The Residence offers unobstructed views of the Arabian Gulf and Dubai Skyline.
• The Palm has only 94 exclusive residences, a low-density luxury building on Palm Jumeirah.
• Renowned firms like Super Potato and Elicyon do the interior design of these luxurious residences.
• Several private terraces and swimming pools are included in the project.
• The penthouses are equipped and designed with private rooftop pools, offering 360-degree panoramic views.
• The Palm has a record as the `Most expensive Penthouse Sale` fetching over AED 102 million, which solidified its status globally.

6. Marina Residences

Marina Residences are in the prime position at the trunk of Palm Jumeirah. It offers easy access to both the Island`s attractions and the mainland. The residents can reach the prime locations in just a short drive. They have direct access to the Nakheel Mall, a high-end shopping destination with over 300+ shops, restaurants, and entertainment options.

Marina residences are unique as they offer 360-degree views of Palm Jumeirah and Dubai Marina Skyline. This dual exposure ensures the residents enjoy the incredible sunrise and sunset over the Marina.

Interesting Facts about Marina Residencies

• Residents at the Marina can rent private yacht berths adjacent to the Marina, which is an excellent choice for yachting enthusiasts.
• Maritime traditions inspire the architectural design of Marina Residences.
• The project is designed with sleek and curved balconies and nautical themes.
• Marina is designed with high-end home automation technology where residents can control everything from lighting to air conditioning with the home automation systems.
• Due to its prime location, amenities, and convenience, residences consistently offer investors a high ROI. It has a stable place in the list of top properties in Dubai.

7. Golden Mile Apartments

Golden Mile Apartments is another topmost project located in the trunk of Palm Jumeirah. This residential complex has both luxury apartments and retail outlets as well. It is one of the most sought-after addresses on the Palm. The property comes with high-quality finishes and accessibility to top-notch lifestyle amenities.

Compared to the other residential developments on the Palm, Golden Mile Apartments offers large floor plans with over 5000 Square feet in some units. Many apartments have very spacious balconies with beautiful waterfront views. The apartments are pet-friendly and have direct access to the Golden Mile complex.

Interesting Facts about Golden Mile Apartments:

• Golden Mile Apartment is the first development on Palm Jumeirah in a combination of residential and commercial units, creating a mixed-use for the community.
• It offers direct access to the residents of Palm Jumeirah Monorail through its dedicated station. Residents can travel to other parts of the Island and connect to Dubai`s metro system.
• Al Ittihad Park is one of the largest green spaces on the Pam and next to the Golden Mile.
• It is close to iconic Dubai landmarks in just 20 minutes, including Atlantis, The Palm, Dubai Marina, Burj AL Arab, and Downtown Dubai.

8. Muraba Residences

Designed by RCR Arquitectes, a renowned firm in Dubai, the property is located on the East Crescent of Palm Jumeirah. Muraba Residences are a collection of exclusive apartments and penthouses known for their minimalistic yet contemporary architecture.

Muraba Residences is designed with low-density units, offering unparalleled privacy and a serene atmosphere to the residents. There are only 46 residences and four penthouses in total. Every apartment is designed with optimal orientation for sunlight and breathtaking views of the Arabian Gulf and Dubai`s Skyline.

Interesting Facts about Muraba Residences

• The Spanish architecture firm that designed the Muraba Residences won the Pritzker Prize 2017, often called the Nobel Prize for Architecture.
• The four penthouses at Muraba Residences are the most exclusive properties in Dubai. Each penthouse has a spacious private terrace and open-plan living spaces offer indoor and outdoor living experiences.
• Muraba residences have several eco-friendly features, including solar control glazing that reduces energy consumption.
• It offers private beach access to its residents, offering a peaceful retreat.

9. Atlantis The Royal Residences

Atlantis The Royal Residences is considered the most iconic luxury residential development in Dubai, located at Crescent of Palm Jumeirah. It is adjacent to the globally famous Atlantis. The Palm is designed to redefine luxury living with its architectural marvel, which blends modern opulence with timeless beauty.

Atlantis The Royal Residences offers 360-degree views from different levels of the building. The residents face the calming waters of Arabian Gold or the Iconic Dubai Skyline.

Interesting facts about Atlantis the Royal Residences

• They are designed by Kohn Pedersen Fox Associates (KPF), one of the most prestigious architecture firms known for its iconic structures, such as the Shanghai World Financial Center and many others.
• The residents can access the sky-high infinity pool 90 meters above ground.
• It offers direct access to world-class dining with over 17 world-class restaurants that Micheline-starred chefs helm.
• Residents of Atlantis The Royal offer exclusive access to the private beaches. 
• The main attraction is the world`s largest jellyfish tank, which has over 4000 jellyfish and provides an immersive underwater experience in the lobby area.

10. Tiara Residences

Tiara Residences enhances the luxury residential complex in the iconic Palm Jumeirah. The waterfront development offers a fantastic collection of high-end apartments and penthouses. The residents can enjoy the panoramic views of the Arabian Gulf and the Dubai Skyline. 

The residents of Tiara offer exclusive, direct access to a 230-meter private beach, and the aquatic-themed amenities, including an infinity pool and lagoons, are the center of attraction to the entire building.

Interesting facts about Tiara Residences

• Tiara Residences is named after its unique diamond or tiara-shaped design that symbolizes luxury and exclusivity.
• The building is designed with eco-friendly landscaping, including drought-resistant plant irrigation systems to reduce environmental impact.
• Tiara Residences was built to mix luxury resort living with residential comforts. The facilities it offers are commonly seen in 5-star resorts.

5 Commercial Buildings in Palm Jumeirah

Palm Jumeirah is not only known for its luxurious Residences but also popular for its stunning commercial developments. These buildings offer global amenities with great views in prime locations. They are ideal for businesses and retail spaces. Here are the top 5 commercial buildings in Palm Jumeirah.

11. The Golden Mile Galleria

The Golden Mile Galleria is a prominent commercial development in Dubai that offers retail and office spaces. It is strategically located at the trunk of the Palm with a spacious complex serving residents and tourists alike. It has become a bustling hub for business and leisure.

Interesting Facts about The Golden Mile Galleria

• Golden Mile Galleria is the first-ever dedicated retail complex in Palm Jumeirah. It provides great business spaces and residential complexes with exclusive transportation options to mainland Dubai.
• It has an underground pedestrian tunnel that connects Al Ittihad Park and Palm Monorail station, making it easier to access Galleria without crossing busy roads.
• The first organic supermarket on the Palm is in Galleria.
• It offers unique al fresco dining experiences to the residents.

12. Nakheel Mall

Nakheel Mall is located in the heart of Palm Jumeirah and is known for its stunning architectural grandeur. The mall offers a mix of high-end retail stores, dining experiences, and entertainment options that cater to a luxurious lifestyle.

Interesting facts about Nakheel Mall

• Nakheel Mall is situated at the base of the Palm Tower. It is easily accessible from all parts of Palm Jumeirah and mainland Dubai.
• It has over 300 shops, diverse dining experiences, direct access to view at The Palm, VOX cinemas, and Fabyland entertainment center.
• It has an indoor waterfall feature, a main attraction for visitors.
• Nakheel Mall is a flagship store for several international brands in the market.

13. Palm Jumeirah Office Building

Palm Jumeirah Office Building is one of the most selected commercial hubs. This office space allows the business to operate from one of the most prestigious addresses in Dubai. The building combines world-class infrastructure with breathtaking waterfront views and is designed for companies looking for an exclusive setting.

Interesting Facts about the Palm Jumeirah Office Building

• It offers luxurious premium-grade office spaces with modern state-of-the-art amenities ideal for companies who want to establish their presence in world-famous prime locations.
• The building caters to small and big office spaces and offers flexible flooring plans.
• It offers convenient access to public transport as the building is close to Palm Monorail, which offers direct access to other parts of Dubai.

14. The Pointe

 The Pointe is a waterfront dining and entertainment destination located at the tip of Palm Jumeirah. It offers stunning views of Atlantis, The Palm, and the Arabian Gulf. The building soans around 1.4 Million square feet and is known for its mix of fine dining, casual eateries, retail outlets, and the best office spaces for commercial purposes.

Interesting Facts about The Pointe

• You can see the world`s largest fountain, the Palm Fountain, at The Pointe. The building holds a Guinness world record for being the largest fountain in the world, covering 14000 square feet, and it reaches 105 meters.
• The building has over 80 dining outlets.
• The Pointe offers direct water taxis for visitors and hosts excellent fireworks displays during major celebrations.

15. Palm Views

Palm Views is a unique residential development located on the trunk of Palm Jumeirah. The building offers excellent waterfront studio apartments. It is near The Pointe and Nakheel Mall. The roof-top pool and marina access are the main attractions.

Interesting facts about Palm Views

• The building looks compact but offers luxurious views and high-end working spaces for the companies.
• It is a mix of residential and commercial development and a great place for investors as short-term rentals and vacation stays are in high demand.
• It has over 192 apartments with great views east and west.

Real Estate Market in Palm Jumeirah

Recent Market Performance

Despite the global challenges, Dubai`s luxury property market remains an attractive investment opportunity for many High-worth individuals as demand in the Palm Jumeirah sector rebounds. Flats prices have soared in just two years, demonstrating the significant impact of increased demand for better-than-average villas and luxury homes on property costs compared to other sectors. The average price of villas and apartments has seen an increase in demand, with the former leading to prices of AED 20 million.

Effects of Tourism and Short-Term Rentals

The Palm Jumeirah`s status as a global tourist destination has greatly impacted its real estate. These areas are in high demand for short-term rentals and are always a great investment, given that Dubai is a tourist destination. Investors looking to enjoy lucrative rental yields, especially during the peak period, are presented with an opportunity.

Conclusion

The Palm Jumeirah real estate market, a beacon of growth and innovation, represents Dubai`s pinnacle of luxury living. Its unique design, prestigious reputation, and world-class developments continue to attract both end-users and investors from around the globe. As the Island continues to evolve and innovate, it offers an unmatched combination of exclusivity, lifestyle amenities, and investment potential, making it one of the world`s most exciting real estate markets.

Frequently Asked Questions:

1. Are there commercial buildings in Palm Jumeirah for businesses?

There are many commercial buildings in Palm Jumeirah intended for the business sector. The Golden Mile Galleria, which features shopping and office spaces, and Nakheel Mall, which offers retail and some office spaces, are the main commercial hubs. The Pointe has several commercial units for businesses, especially in the retail and hospitality sectors. In addition, some residential buildings provide mixed-use spaces with office facilities for small to medium enterprises and business centers.

2. What are the average prices of apartments in Palm Jumeirah buildings?

The average apartment rental cost in Palm Jumeirah differs for every building, depending on the unit size and view. Generally, one-bedroom apartments go anywhere between AED 2.5 million and AED 4.5 million, while the prices of two-bedroom units start at AED 4 million and can go up to AED 6 million. Bigger three-bedroom luxury apartments, such as Atlantis The Royal Residences or One Palm by Omniyat, can be found at prices ranging from AED 6 million to AED 10 million or more. Apartments facing the waterfront or beach usually have a higher price tag.

3. What amenities are typically available in Palm Jumeirah residential buildings?

Palm Jumeirah residential buildings are the epitome of luxury living, equipped with, among others, the following:

• Luxurious private beaches with direct access to the sea.
• Swimming pools with both rooftop and ground-level options.
• The latest in high-tech fitness studios and wellness centers.
• Exceptional services and always-on safety.
• Exclusive parking lots for residents.
• Areas for kids` entertainment and facilities for pets.
• Shopping and restaurants in the building or very close by.
• In some developments, there are marina access and boat docks.

Premium features like smart home systems and breathtaking views of the Arabian Gulf are among the highlights.

4. Are there waterfront office spaces in Palm Jumeirah?

However, exclusive office spaces by the water are limited to Palm Jumeirah, mainly in mixed-use buildings such as The Golden Mile Galleria and Nakheel Mall and some high-end towers. These commercial business areas are ideal for a high-class address along the Dubai coastline near the Arabian Gulf with luxury amenities. They are perfect for boutique offices, upscale retail, and businesses related to hospitality.

5. How can I invest in a building in Palm Jumeirah?

Investing in a building or property in Palm Jumeirah can be done through various routes:

• Direct Purchase: A person can acquire a property unit in the building he or she desires as a freehold property or for personal use.
• Off-Plan Investments: Many investors choose an off-plan project, in which they buy a unit during the project`s construction.
• Vacation Rentals: Investors may acquire a vacation home, such as an apartment or a villa, rented out for short periods because Palm Jumeirah is a tourist and expatriate magnet.
• Property Management Services: Several investors prefer hiring property management firms to manage their investments by preparing lease agreements and ensuring all maintenance services are delivered.

To be safe, investors should always consult a Dubai-based real estate advisor. They will provide directions regarding legalities and assist them in finding the most lucrative opportunities.

6. Who owns the richest house in Dubai?

Palm Jumeirah was built to be the most expensive property in the whole world. With the different approaches to investing in a building or property in Palm Jumeirah, investing in this property can be done through various routes. The "richest house" title in Dubai frequently changes as new mega-mansions are developed. Still, according to reports, one of the most expensive homes is located on Palm Jumeirah, owned by Indian billionaire Mukesh Ambani. His mansion, worth over AED 600 million, includes a huge terrace to watch the sunset, a private beach, and many other super-luxury amenities.