How much does it cost to live on the Palm Jumeirah?

If you’re looking to live in the house you buy, you can splurge for a premium address at the Palm Jumeirah, which hosts the most expensive villas at Dhs17,200 per square metre, and where a five-bedroom villa can go for Dhs12 million.

Is the Palm Jumeirah safe?

Dubai’s Nakheel, the master developer behind the Palm Jumeirah, has insisted that the artificial island is “safe” following the collapse of a section of road. Gulf News said that the incident raised concerns over safety on the manmade island.

What is special about Palm Jumeirah?

One of the most interesting Palm Jumeirah engineering facts to know is that no steel or concrete was used during the creation of this man-made island in Dubai. The unique structure of Palm Jumeirah comprises a whopping 120 million cubic metres of sand, that was brought from the seabed into construction.

Is Palm Jumeirah a good investment?

The Palm, as the area is fondly called, has always been one of the best areas to invest in the Dubai real estate market. Today, in 2018, nearly twelve years after the first properties for sale on Palm Jumeirah were handed over in 2006, the area remains a hotspot for real estate investments in Dubai.

Is Palm Jumeirah expensive?

The rents on Palm Jumeirah are higher as compared to other areas in Dubai, but with that, you get an exclusive lifestyle which is unlike anything in the world. That said, it certainly lives up to its promise of luxury living in Dubai.

How many houses are there in Palm Jumeirah?

The 2-kilometer long trunk houses 558 deluxe apartments, townhouses and penthouses, each of which boast unusually spacious floor plans.

Does Palm Jumeirah sink?

Hotels line the trunk of the palm tree, while villas and homes sit on the sixteen fronds of the island. Shutterstock In 2009, the New York Times reported that NASA satellites had found that the Palm Jumeirah island was sinking at a rate of 0.20 inches per year, a claim that Nakheel denies is true.

Are there sharks in the sea in Dubai?

But according to local experts, there is no reason to fear sharks lurking off the UAE’s coast. Whale sharks, which eat plankton and don’t attack humans, are one of the 29 different kinds of species calling the waters off Dubai home. They include hammerhead, white cheek, tiger and gray reef sharks.

Who is designer of Palm Jumeirah?

Helman Hurley Charvat Peacock
The developer of Palm Jumeirah was Nakheel, a real estate company now owned by the government of Dubai. The master plan was drawn up by Helman Hurley Charvat Peacock, an American architectural firm.

Can you walk around Palm Jumeirah?

The Palm Jumeirah Boardwalk is a walkway hugging the coastline behind Atlantis, The Palm and built over the rocks of the Palm’s breakwater. Running from the Rixos Hotel on the crescent’s east side to One&Only The Palm on the west, the boardwalk is a hot spot for socialising with friends.

Who owns houses on Palm Island Dubai?

1. David and Victoria Beckham. The happy couple owned a 7 bedroom villa located on the Palm Jumeirah Island worth $1.6 million dollars in 2002 before handing it over to Victoria’s parents in 2008. They purchased another property in 2009, an apartment in the world’s tallest tower, Burj Khalifa, for £5 million.

What is it like to live on Palm Jumeirah island in Dubai?

Apart from the beautiful views of the ocean, the entire development is away from the busy main cities, making it incredibly peaceful and perfect for anyone who likes to be away from noises of the bigger urban developments. Pharmacies, restaurants and schools – Dubai Plam Jumeirah has everything! Life on Palm Jumeirah Island is one of ease.

How many trees are there in Palm Jumeirah?

Over 12,000 trees were grown in a nursery to be planted in Palm Jumeirah area. The construction process of Palm Jumeirah was one-of-a-kind as it was built using land reclamation. One of the most interesting Palm Jumeirah engineering facts to know is that no steel or concrete was used during the creation of this man-made island in Dubai.

What is the difference between Palm Jumeirah and Palm Jebel Ali?

Palm Jumeirah is part of a three-island project which includes the Palm Jumeirah and two more island projects – Palm Jebel Ali and Palm Deira. Palm Jebel Ali is bigger than Palm Jumeirah.

How much did it cost to build Palm Jumeirah Dubai?

Read on as we unearth some fascinating unknown facts about Palm Jumeirah Dubai. When it comes to the Palm Jumeirah facts and figures, one of the most impressive details is the cost of the project construction. The awe-inspiring creation of Palm Jumeirah reportedly cost $12 billion during its development.