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About Palm Jumeirah

Being one of the architectural and engineering wonders of the world, the Palm Jumeirah is not just a residential community but also an iconic landmark. The city of Dubai is well known for its skyscrapers; however, the Palm Jumeirah is an icon synonymous with Dubai. The vibrant destination is an artificial archipelago in the shape of a palm tree with plenty of relaxing sights, from calming water to sandy white beaches and plenty of greenery.

The Palm Jumeirah beach is among the high points of living here, and the living experience contrasts with the fast-paced urban life of Downtown Dubai and other city areas. The Palm Jumeirah apartments, villas, and hotels are among Dubai's most luxurious stay options.

Palm Jumeirah is home to some of the most luxurious hotels and resorts, offering a variety of activities and attractions. It also features a monorail, a marina, shopping malls, and a number of restaurants and cafes, making it a popular destination for both tourists and locals.

Palm Jumeirah is an oasis of luxury, offering stunning views of the Arabian Gulf and Dubai’s skyline. With its unique design and artificial features, it is a sight to behold.

Location of Palm Jumeirah 

The Palm Jumeirah location is designed as a self-sufficient island with a minimal requirement to leave the archipelago. The Palm Jumeirah location map will show the different parts of the island, such as the Trunk, 17 Fronds, and the Crescent. These are connected to each other through tunnels and bridges. The entire size of the island is about 1380 acres in the Arabian Sea, and it is so huge that you can even spot it from space.

There are also several parks here, such as Palm Jumeirah Park, Al Ittihad Park, and Palm Island Dubai. In addition, it is closely connected with Dubai Marina and Jumeirah Beach Residence.

The Palm Jumeirah island is connected to the mainland of Dubai via a 300-meter long bridge and a network of roads. This connection makes it easy for residents to access the rest of the city and to enjoy the many attractions that Dubai has to offer.

Palm Jumeirah is conveniently located near the Dubai International Airport, making it easy for visitors to get to and from the city. Additionally, there are numerous bus routes that run to and from the island, giving residents access to all parts of the city. The Dubai Metro also provides residents with easy access to other parts of the city.

Palm Jumeirah is Ideal For

Being one of the most opulent areas in Dubai, living in Palm Jumeirah is nothing less than a dream. It is one of the obvious great choices for people who wish to live in a place surrounded by water and enjoy the sea breeze at all times. Residences are mostly bought in this part of Dubai by business tycoons and celebrities.

For example, much-famed celebrity Sportsman David Beckham and his celebrity wife Victoria Beckham own a seven-bedroom villa in Palm Jumeirah. Likewise, Palm Jumeirah residences are owned by many A-list people worldwide. The island's relaxed lifestyle appeals to individuals, couples, and families of all sizes alike.

Transportation in and around Palm Jumeirah

Palm Jumeirah Dubai boasts housing the monorail, the first monorail in the entire Middle East. It is 5.4 km long and connects the Atlantis Hotel to the Gateway Towers, which are found at the foot of the island.

In fact, Palm Jumeirah Island is connected to the mainland in Dubai by the monorail. You can also find a bus service in this locality. The buses usually used by people in this area of Dubai are bus numbers 8, 83, 84, and F55A. In addition, of course, taxis are available to reach the rest of Dubai easily.

Entertainment options in and around in Palm Jumeirah

Palm Jumeirah is the new name of entertainment. From visiting a well-manicured and organized park suitable for people of all age groups to indulge in spine-chilling activities like freefalling, there is no dearth of entertainment options in Palm Jumeirah.

Some places you must visit here are:

  1. Nakheel Mall
  2. The Lost Chambers Aquarium
  3. Al Ittihad Park
  4. Nasimi Beach
  5. The Penthouse, etc.

In addition, you can also visit the Pointe, where you can dine, shop and play. There is something for everyone at the Pointe.

Schools and Educational Institutions in and around Palm Jumeirah

Apart from having some of the most beautiful luxury villas and spacious apartments, Palm Jumeirah also has some top schools and colleges. Some educational institutions in Palm Jumeirah are the American School Of Dubai, Dubai American Academy, Gems Wellington International School, and Dubai College.

In addition, one can also find nurseries for toddlers. One can opt for nurseries such as:

  • Asya's Nursery
  • Babilou Nursery
  • Redwood Montessori Nursery, etc.

Healthcare facilities in and around Palm Jumeirah

For medical emergencies, Palm Jumeirah residents can reach the nearby hospitals and clinics. Some of the clinics, medical centers, and hospitals you can find here are:

  • Prime Medical Center
  • Al Das Medical Center
  • Confident Dubai Palm
  • Emirates Hospital Clinic.

Everything is done with utmost care in these hospitals and clinics, from getting medicines for your health issues to undergoing minor surgery. You will also come across some of the most trusted and renowned medical practitioners in these hospitals, clinics, and medical centers.

Renting Property in Palm Jumeirah

If you want to live life king size in Dubai, you can take a property in Palm Jumeirah Dubai. From Palm Jumeirah apartments for rent to a luxury villa, you will have several options while choosing property here. For example, if you want to take a studio apartment for rent, you have to pay AED 70,000 per annum, while for a 3-bedroom apartment, the yearly charges will be AED 4,60,000.

The kind of accommodation options that you will get in Palm Jumeirah are apartments, villas, duplexes, penthouses, townhouses, hotel apartments, etc. One of the iconic buildings you can explore here is the One at Palm Jumeirah. For those interested in booking a place at Palm Jumeirah for a shorter stay, the Five Dubai Palm Jumeirah Residences is also an excellent choice.

Buying Property in Palm Jumeirah

If you are one of the lucky ones planning to own a property in Palm Jumeirah, you will have enough choices. Whether you want to buy a villa or an apartment for sale in Palm Jumeirah, a penthouse, or a hotel apartment, you will get several great options. If you are looking for a Palm Jumeirah villa with five-bedroom and a carpet area of 5,500 sq. ft., you will get it at AED 36,000,000.

The prices will go higher as per the carpet area of the villa and amenities. For a 4,091 sq.ft. Palm Jumeirah apartments for sale with 3-bedroom and 4-bathroom, you have to pay AED 22,800,000. For a 7,699 sq.ft. penthouse with 3-bedrooms and a maid room, one has to pay AED 7,600,000. The amenities you will get with the penthouse are covered parking, a shared pool, a private pool, a private garden, a shared gym, a private jacuzzi, etc.

Popular Buildings in Palm Jumeirah

Palm Jumeirah is dotted with low-rise apartments. Some famous buildings known for their gorgeous designs and height are:

  • The Pinnacle
  • Gateway Tower I
  • Gateway Tower II
  • Gateway Tower III
  • The Palm Trump International Hotel & Tower
  • The Palm Tower, etc.

Few of these mentioned buildings are more than 200 m, while you can find several other popular buildings but not as tall. For living, you are more likely to find Palm Jumeirah villas for sale and rent instead of apartments.

Hotels in Palm Jumeirah

Travelers who love the view of the sea while enjoying all the possible luxuries in life should book their stay at a Palm Jumeirah hotel in Dubai. The community has some of the top hotels in the world, such as:

  • Anantara The Palm Dubai Resort
  • Atlantis
  • The Palm
  • Jumeirah Zabeel Saray
  • Five Palm Jumeirah
  • The Fairmont Palm Hotel & Resort
  • St. Regis Dubai - The Palm
  • Emerald Palace Kempinski Dubai
  • The Residences, Palm Jumeirah
  • Rixos The Palm Dubai
  • Sofitel Dubai, The Palm Resort & Spa
  • The Langham
  • Palm Jumeirah
  • Kempinski Hotel & Residences
  • One & Only The Palm
  • Taj Exotica Resort & Spa, etc.

Each hotel offers the best services, and you will surely love to come again, although one of the most iconic hotels here is the FIVE Palm Jumeirah hotel.

Getting Around Palm Jumeirah

Apart from the monorail, which takes you directly to the mainland, if you are driving from the mainland, you can follow the Palm Jumeirah directions and reach Dubai Marina in just 9 minutes. If you frequently travel to the mainland, you can get to Sheikh Zayed road in about 16 minutes.

The Dubai International Airport is around 30 minutes away, while the nearest metro station is Dubai Marina. Downtown Dubai takes an 18-minute drive, while Mall of the Emirates is just 12 minutes away. While walking the entire length of Palm Jumeirah island is not advisable, there are plenty of running tracks, and you can even hike on the Broadwalk along the Crescent. All the way, you can enjoy the fresh sea breeze greeting you.

Upcoming Attractions in Palm Jumeirah

You can have a memorable time at Palm Jumeirah Dubai because of the various attractions available here. Some of the top attractions you must visit are:

  • Atlantis Aquaventure Waterpark
  • The Lost Chambers Aquarium
  • Dolphin Bay
  • The Pointe Palm Jumeirah Fountain
  • Riva
  • Sea Lion Point
  • Al Ittihad Park
  • The Boardwalk Palm Jumeirah
  • The Avenues, Nakheel Mall
  • Paradise Beach.

Apart from these, you can also enjoy the helicopter service to see Palm Jumeirah from the eagle's eye and even try scuba diving to explore the world underwater. In addition, you can choose a relaxing spa at Tallise Ottoman Spa, Sofitel Spa, Jazz Lounge Spa, etc.

Things to Consider in Palm Jumeirah

While you are living in one of the Palm Jumeirah houses, it can be assumed that you are living one of a kind life, and you are at your best. Some of the best things about living in Palm Jumeirah are the waterfront views, you can experience luxury at every step, and you can stay at some of the best hotels and dine at the best restaurants. Nevertheless, some things to consider before you buy a property here are the high-budget lifestyle, ongoing construction because of which you may find dust at your home, and no direct access currently to Dubai Metro. You have to take a monorail. You also will have the options of buses and taxis, which can help you to commute to and from Palm Jumeirah.

How to choose the right property in Palm Jumeirah

Now, dealing with unprofessional real estate agents can be an inconvenient and frustrating experience for buyers, sellers, tenants, and landlords. From not returning calls to showing you a property that doesn't match its online listing, these situations can make it hard to find a true professional. To help you find a reliable real estate agent or property developer, here are some tips to consider:

  1. Before engaging with a real estate agent, it is important to ensure they are employed by a reputable real estate agency. Do some research to determine how long the business has been operating in Dubai and if they have earned any business awards. Companies that are highly esteemed often provide thorough training to their consultants to give them the necessary skills and knowledge to be successful.

  2. The Dubai Real Estate Regulatory Agency (RERA) was founded in 2007 to control the Dubai real estate market. As a result, RERA is in charge of authorizing all real estate operations, such as licensed real estate agents. You can confirm if your agent is RERA certified by taking a look at his profile on property websites. The BRN number should be visible. If it's not, you can just ask the agent directly.

  3. Real estate agents who specialize in a particular area are invaluable. They have the knowledge and expertise to understand the unique features that make your property and neighborhood stand out from the rest. As your agent continues to work in the same area, their area knowledge will grow and they will be better equipped to represent your property.

Step-by-step guide to buying property in Palm Jumeirah

Visit Driven Properties and browse through the various available listings of Palm Jumeirah. Then look at the transaction records to know what community is popular or the service charges per community or project. In addition, the filters on our user-friendly website help to tailor the selection according to your requirements.

Once you have contacted one of our Palm Jumeirah specialists and selected a property to invest in and spoken to the seller, the next step is for the buyer and seller to agree on the terms of the sale through a Memorandum of Understanding (MOU) signed by both parties. When signing an MOU, the buyer has to pay a deposit for the property, which is generally calculated to be 5% to 25% of the property value. Then a No Objection Certificate (NOC) needs to be issued from the developer, after which the Dubai Land Department (DLD) will transfer the ownership. Finally, the respected banks must get involved if an investor considers getting a mortgage.

Financing and Legal Considerations

Once you've found the perfect home in Dubai, it's time to look into the different mortgage options available to you. Purchasing a dream house is an exciting journey that requires you to browse online listings, meet agents, talk to your friends and family, and visit the property in person. After you have all the necessary information, you can make an informed decision and go ahead with the purchase.

Here are the different mortgage types in Dubai:

  1. Fixed-rate mortgage: interest rate is fixed for a pre-agreed period (less than five years).
  2. Variable rate mortgage: Interest rate can change throughout the repayment period.
  3. Discounted rate mortgage: The interest rate is lower than the Emirates Interbank Offered Rate (EIBOR).
  4. Capped mortgage: Maximum cap is set before the loan term begins.
  5. Remortgage: Get a new loan on an existing mortgage or transfer the existing mortgage.
  6. Offset mortgage: Linking a traditional mortgage with one or more deposit accounts.
  7. Investment mortgage: Loan acquired to buy a property for investment.
  8. Non-resident mortgage: Available for non-residents of the UAE.
  9. Residential mortgage: Loan acquired by an individual to buy a home to live in.
  10. Commercial mortgage: This tool business owners use to buy a property for their business operations.
  11. Land/Construction mortgage: Loan secured to fund the land purchase, structure renovation, or construction.
  12. Mortgage repayment options: Interest-only repayments, Capital and interest repayments, Down payment, Mortgage life insurance.

Now, let’s have a look at how you can get a mortgage in Dubai through the following takeaways:

  1. Two ways of buying property in Dubai: cash or on a mortgage.
  2. Eligibility criteria for a mortgage in Dubai
  • Be a UAE national or resident
  • Be between the ages of 21 and 65
  • Have a monthly income of AED 15K (salaried) or AED 25K (self-employed). Please note that the monthly income can vary between banks.

3. Documents required to apply for a mortgage in Dubai:

  1. A copy of your visa and passport
  2. A copy of your Emirates ID
  3. A salary certificate for proof of employment
  4. Proof of residence (copy of tenancy contract or DEWA bill)
  5. Pay slips and bank statements for the past six months
  6. The latest statements of your credit cards

Note: Non-residents seeking a home loan in Dubai must provide the following documents:

  1. A copy of your passport
  2. Your bank statements for the past three months

4. Step-by-step process of getting a mortgage in Dubai:

  1. Find a lender
  2. Choose the right mortgage for you
  3. Get a pre-approval letter
  4. Find your dream home
  5. Finalize your property purchase

5. Expats can buy property in designated freehold areas in Dubai, such as:

  1. Dubai Marina
  2. Palm Jumeirah
  3. Downtown Dubai
  4. Dubai Hills Estates
  5. Emaar Beachfront
  6. JVC
  7. Dubai Creek Harbour

6. Mortgage down payment depends on the purchase value of the property and the resident status. Expatriates can get a mortgage from lenders operating in the UAE, but conditions may apply. For example, expat investors can be expected to pay a minimum down payment of 20% to 25% of the mortgage value besides associated costs.

7. Takes around two weeks (around 10 working days) to obtain the final offer mortgage letter.

Worth mentioning that property ownership in Palm Jumeirah is available to both UAE nationals and non-UAE citizens. For those not from the UAE, there are specific regulations and guidelines established by the Dubai government and Dubai Land Department (DLD) in order to purchase properties in the designated freehold areas of Dubai, which includes Palm Jumeirah.

Furthermore, if you are a US citizen looking to purchase property in the UAE, it is important to bear in mind the country's expat-friendly taxation system. While the UAE does not levy tax on purchased property, expatriates must still consider any legal liabilities that may arise in their home countries. For instance, any earnings such as rental income, interest on savings, and dividend payments may be subject to tax in the United States. For this reason, it is recommended that you consult with a tax agent in your own country to gain a clearer understanding of any tax liabilities associated with foreign property purchases before making the decision to buy.

 

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Location

FAQ on Palm Jumeirah

Where is Palm Jumeirah Located?

The Palm Jumeirah lies just off Dubai’s coastline. It is located on the Jumeirah coastal area of the emirate of Dubai, in the United Arab Emirates. It forms part of The Palm Islands, along with The Palm, Jebel Ali, and The Palm Deira, the world’s three largest manmade islands.

What is Palm Jumeirah Famous for?

Palm Jumeirah is known for glitzy hotels, posh apartment towers, and upmarket global restaurants. Food trucks offering snacks in the Palm Jumeirah Boardwalk, popular for its views of the Dubai coastline and the sail-shaped Burj Al Arab hotel.

Beach clubs with spas and infinity pools turn into boisterous nightclubs with live DJs in the evening. And that’s not the only feat of engineering to capture the world’s imagination. Built from reclaimed land in a series of artificial archipelagos, Palm Jumeirah is shaped like a palm tree when viewed from above.

Is Palm Jumeirah a Good Place to live?

Palm Jumeirah is a peaceful beautiful island in the vibrant city of Dubai, it gives you the island lifestyle but only a few minutes from the heart of the city.

Which are the top advantages of living in the Palm Jumeirah area?

  • Palm Jumeirah has stunning waterfront views, you really enjoy miles of uninterrupted views of the glistening ocean and skyline of Dubai.
  • Palm Jumeirah has nurseries, hospitals, supermarkets, hotels, restaurants, and more, dotted all around the island. It is truly a city of its own.
  • Palm Jumeirah is located close to the main business hubs such as Dubai Media City and Dubai Marina, making it the best area in Dubai for young professionals, as well as new families looking to live in the most luxurious areas in Dubai
  • One of the biggest benefits of life on Plam Jumeirah is its active social calendar for and exiting life.

What is unique about Palm Jumeirah Dubai?

What makes Palm Jumeirah unique is that it is home to some of Dubai's top luxury resorts, including Atlantis, The Palm, FIVE Palm Jumeirah Hotel, Jumeirah Zabeel Saray, One&Only the Palm, and many more. There are fantastic fine dining options, and more than 80 restaurants, lounges, and other attractions at The Pointe, located along a scenic promenade at the tip of The Palm.

What is the population of the Palm Jumeirah area?

The population of the Palm Jumeirah area is estimated to be around 20,000 people.

Who is the prime developer in Palm Jumeirah?

The prime developer in Palm Jumeirah is likely to vary depending on the specific project or development. Some of the main developers in the area include Nakheel, IFA Hotels & Resorts, and Dubai Holding.

Which metro station is near Palm Jumeirah?

The nearest metro station to Palm Jumeirah is the Nakheel Harbour & Tower Station on the Dubai Metro Red Line.

Do I get the public transportation facility in Palm Jumeirah?

Yes, there is a public transportation facility in Palm Jumeirah. The Dubai Tram is the public transportation facility serving the Palm Jumeirah. The tram operates along a 14.5 km route, connecting Palm Jumeirah with the Dubai Marina, Jumeirah Lakes Towers, and the Dubai Media City.

I am looking for off-plan properties in Palm Jumeirah. How to access it?

To access off-plan properties in Palm Jumeirah, you can search online for real estate agents or developers that specialize in off-plan properties in the area. You can also contact local real estate agents in the area and ask if they have any off-plan properties available. Additionally, you can look for advertisements in newspapers and on property listing websites to find off-plan properties in Palm Jumeirah.

Is Palm Jumeirah a good investment?

Palm Jumeirah is an attractive investment option due to its prime location, excellent infrastructure, and high demand for luxury real estate. As such, it is a great option for some investors looking for a strong return on their investment.

Can foreigners buy property in Palm Jumeirah?

Yes, foreigners can buy property in Palm Jumeirah. According to Dubai Land Department, foreign investors are allowed to purchase properties in certain designated areas, including Palm Jumeirah, without the need for a local partner or sponsor. However, they must be aware of the restrictions and regulations in place when it comes to buying property in Dubai.