May 2026

Palm Jumeirah: Price Growth Persists as Transaction Volume Contracts

Palm Jumeirah recorded 255 sales between 1 March and 31 May 2026. The median price per square foot reached AED 4,170, up 17% against the same period in 2025, and the median transaction value rose to AED 6,600,000 — a 16% increase year-on-year. At the same time, the volume of registered transactions fell 39%. Rising prices alongside contracting volume is a supply-side signal. Fewer units are available...

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