Insider's tips for buying property in Palm Jumeirah by Michelle Liddiard
Words by Ankita Bhowmick in The Guides · Mar. 31st, 2019
The upscale beachfront community of Palm Jumeirah is a man-made island and is also known as the eighth wonder of the world. It hosts a trunk with low-rise residential apartments, while the sixteen fronds are home to villas. Multicultural celebrities and socialites get attracted towards the exclusivity and posh-living that the community has on offer. The luxury aspect of the community include the apartments and villas for rent, private beaches, marinas, luxury hotels, restaurants, cafés, and an array of retail outlets.
If you are looking out to buying a property in this iconic community, you should consider checking out the 5 tips that our Palm Jumeirah Luxury Sales Specialist, Michelle Liddiard has to share.
1. Upcoming Developments
Besides the range of developments that Palm Jumeirah is already home to, the island will soon welcome some more on the west side of its trunk. A park, a number of dining and beach-club facilities are some of the perks that Palm Jumeirah residents will get to enjoy in the coming days.
2. Short Term Rentals Are Extremely Popular
Palm Jumeirah Off-planW Residences AED 13,500,000
- 3 beds
- 6,862 sq. ft.
The practice of renting out of one's home on a short term basis have in the recent years gathered immense popularity on Palm Jumeirah. Therefore, if you invest in a property on the island, you might consider giving it out for rent while you step out of the country on a holiday. This will help you earn a good amount of extra bucks.
3. Only Community In Dubai Offering Villas With Private Beaches
An extravagant villa complemented with private beach is probably the definition of ultimate luxury. If you are looking out for such luxury, Palm Jumeirah is the only area that will meet your expectation as it is the only community in Dubai that offers villas with private beach. The homes are among some of the largest properties to be found in the city.
4. Incredible Views
Palm Jumeirah ReadySignature Villas Price on application
- 6 beds
- 12,000 sq. ft.
The villas and apartments on the Palm offer incredible views that include that of the beautiful views sunset. Most of the properties that the island has on feature also offer breathtaking views of the Arabian Gulf, Burj Khalifa and Burj Al Arab.
5. An Upscale Lifestyle
If you are planning to buy a property on the Palm, expect to live a luxurious life. The area is meant for high-earning individuals and the island is also home to celebrities and socialites from around the world. Situated away from the hustle and bustle of the society, Palm hosts a number of five-star luxury hotels that feature an array of upscale dining and nightlife options.