| The Palm Jumeirah still remains a very popular location to live for both end users and tenants. In the past 3 months there has been 148 transferred sales on the secondary market, 33 Oqood Registrations (Off Plan) and 82 Mortgage Registrations. For the secondary market the main areas of sales have been: 17 Villas – one villa sold in Zabeel Saray on The Crescent for AED13.6m. The remainder is a mix of 4, 5 and 6 bedrooms, Garden Homes sold for AED6.8m to AED14.5m and Signature Villas from AED19m – AED29m. Please note the range of pricing depends on what the number of the villa is, the view, any upgrades and new build villas. Apartments – Secondary Market (past 3 months) Fairmont – 3 units sold – average price per sq ft AED1,124 Serenia Residences – 2 units sold – average price per sq ft AED2,124 Tiara Residences – 10 units sold – average price per sq ft AED1,515 Kempinski Palm Residence – 3 units sold – average price per sq ft AED1,243 Grandeur Residences – 4 units sold – average price per sq ft AED1,087 Anantara Residences – 6 units sold – average price per sq ft AED2,597 Palme Couture Residences – 2 units sold – average price per sq ft AED3,384 Palm Views East – 1 unit sold – AED1,829 per sq ft Oceana – 10 units sold – average price per sq ft AED1,740 Marina Residence – 12 units sold – average price per sq ft AED968 Golden Mile Apartments – 11 units sold – average price per sq ft AED878 (large units) FIVE Palm Residences – 7 units sold – average price per sq ft AED2,007 Azure Residences – 6 units sold – average price per sq ft AED2,161 Shoreline Apartments – Left Side – 18 units sold – average price per sq ft AED1,027 Shoreline Apartments – Right Side – 16 units sold – average price per sq ft AED1,140 data from propertymonitor.ae compiled by Laura Adams |
Properties Wanted For waiting Buyers and Tenants, Palm Jumeirah Wanted For Rent Garden and Signature Homes Shoreline apartments 2 & 3 bedrooms Wanted For Sale Signature Villas Oceana 2 & 3 bedrooms Fairmont Residences 2 bedrooms Shoreline 2 bedroom D type Please call Sharon Sweet +971 52 931 1244 |
