Palm Jumeirah Market Report: September 2026

Residential sales transactions in Palm Jumeirah totalled 70 in September 2026, worth AED 1.36 billion. Sales rose 2.9% month-on-month. Off-plan sales accounted for 26% of the total and owner resales 73%.

The median apartment price in Palm Jumeirah was AED 2,815 per sq ft in September 2026, across 62 sales; it rose 3.6% month-on-month, and was 69% above the Dubai median. The median villa and townhouse price was AED 59.5 million, across 8 sales; it remained stable month-on-month.

The monthly median apartment price in Palm Jumeirah declined 17.9% between January 2026 and September 2026.

In Palm Jumeirah in September 2026, median prices were AED 5.7 million for a 2-bedroom apartment (25 sales); AED 6.2 million for a 3-bedroom apartment (13 sales); AED 260 million for a 6-bedroom villa or townhouse (1 sales).

The median rental rate on new apartment lease registrations (Ejari) in Palm Jumeirah was AED 123 per sq ft a year in September 2026, across 330 registrations. New villa and townhouse lease registrations had a median rental rate of AED 1.2 million a year, across 32 registrations. 362 new leases and 232 renewals were registered with Ejari.

The gross rental yield on ready apartments in Palm Jumeirah was 5.1% in September 2026, comparing median new rents with median ready sale prices per sq ft.

The UAE dirham is pegged to the US dollar at AED 3.6725. At that rate, in Palm Jumeirah in September 2026, the median apartment price of AED 2,815 per sq ft is approximately $767 per sq ft; the median villa and townhouse price of AED 59.5 million is approximately $16.20 million; the median new apartment rental rate of AED 123 per sq ft a year is approximately $33.

26 prime sales (AED 10 million and above) were recorded in Palm Jumeirah in September 2026, worth AED 1.16 billion and accounting for 37.1% of sales. Villas and townhouses accounted for 8 of them and off-plan sales for 13. They included 10 super-prime sales ($10 million and above, approximately AED 37 million), worth AED 868 million.

The median apartment price in Palm Jumeirah was 69% above the Dubai median in September 2026, at AED 2,815 per sq ft compared with AED 1,662.

Passo By Beyond by Beyond recorded the most sales of any building in Palm Jumeirah in September 2026, with 7 sales worth AED 92.7 million.

Beyond recorded the most off-plan sales in Palm Jumeirah in September 2026, with 7 sales worth AED 92.7 million, accounting for 39% of off-plan sales. It was followed by Nakheel (5), Omniyat (1).

Median price

The middle sale price once all sales are ranked: half of sales were above it and half below. Used instead of the average so a few very large sales don't distort the figure.

Price per sq ft

Sale price divided by the registered area in square feet, then the median across sales. Reported for apartments; villa records often carry the plot size, so villas are reported per home.

Off-plan and ready

Off-plan sales are homes sold before completion; ready sales are completed homes, including owner resales and developers' completed stock.

Sub-community and building

Where DLD records a home: a sub-community for villas and townhouses (for example Raya in Arabian Ranches 3), a building for apartments, or the project name for off-plan homes.

Ejari

Dubai's official lease registration system. Rents here are new Ejari leases registered in the period; renewals are counted separately.

Gross rental yield

Median new annual rent divided by the median ready sale price, before costs. Shown only between 3% and 12%; outside that range the pairing reflects data errors rather than a yield.

DLD area and community

The Dubai Land Department records sales and leases by official area, which can differ from the name people use. Each report names the DLD areas it covers.

⚠ Small sample

A figure based on fewer than 30 sales or leases. It is shown, but can move a lot from period to period.