Sara Al Mansouri

Meridian Properties

+971 50 123 4567

sara@meridianproperties.ae

BRN 34781

Residential market report · July 2026

Palm Jumeirahنخلة جميرا

Source: Dubai Land Department open data · Sales through August 20, 2026 · Rents through August 23, 2026

Period covered: Aug 24 to Jul 26 · Ref AR-2-202607

Key takeaways

  • Median price for apartments: AED 5,154,400 (AED 34,333 per sqm), down 9.3% year on year.
  • 60 sales recorded in July 2026, down 39% from a year earlier; Palm Jumeirah ranked #42 of 139 Dubai areas by volume.
  • New rental contracts at a median AED 180,000 per year, an estimated 3.5% gross yield.

1.Apartments60 sales · July 2026

Median sale priceAED 5,154,400-15.8%vs last year
Median price / sqmAED 34,333-9.3%vs last year
Sales recorded60-38.8%vs last year
Median annual rentAED 180,000-19.2%new contracts
Gross yield3.5%rent ÷ price

Sale price per sqm · 24 months

Aug 24 · 32K /sqmlow 25K · high 50KJul 26 · 34K /sqm

Monthly sales

136
Aug 24Jul 26 · 60 sales

Median annual rent · 24 months

Aug 24 · 165K /yrlow 148K · high 697KJul 26 · 180K /yr

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
July 202660AED 5,154,400AED 34,333AED 180,0003.5%
June 202676AED 4,808,280AED 32,947AED 183,0003.8%
May 202655AED 6,493,520AED 37,869AED 170,0002.6%
April 202664AED 4,900,000AED 33,384AED 181,8753.7%
March 202691AED 6,600,000AED 50,498AED 257,5003.9%
February 2026123AED 6,000,000AED 38,674AED 697,00011.6%

2.Villas & Townhouses0 sales · July 2026

Median sale pricevs last year
Median price / sqmvs last year
Sales recorded0-100.0%vs last year
Median annual rentAED 400,000-59.0%new contracts
Gross yieldrent ÷ price

Small sample: medians for July 2026 are based on only 0 recorded sales and can swing month to month.

Sale price per sqm · 24 months

Sep 24 · 87K /sqmlow 34K · high 87KMay 26 · 34K /sqm

Monthly sales

2
Aug 24Jul 26 · 0 sales

Median annual rent · 24 months

Aug 24 · 3.35M /yrlow 100K · high 4.25MJul 26 · 400K /yr

Six-month summary

MonthSalesMedian priceAED / sqmMedian rentGross yield
July 20260AED 400,000
June 20260
May 20261AED 60,000,000AED 34,202AED 100,0000.2%
April 20260AED 3,000,000
March 20260AED 1,875,000
February 20262AED 71,800,000AED 68,460AED 1,250,0001.7%

3.Most-traded buildingslast 3 months · each building links to its own report

  1. 1Passo by Beyond - TOWER B23 sales
  2. 2Passo by Beyond - TOWER A13 sales
  3. 3Palm Beach Towers 210 sales
  4. 4Seven Hotel & Apartments The Palm A9 sales
  5. 5The Alba Resort Residences7 sales
  6. 6The Palm Tower6 sales
  7. 7Ocean House5 sales
  8. 8Serenia Living - Tower 15 sales

4.Methodology and source

Source. Sale transactions registered with the Dubai Land Department and rental contracts registered with Ejari, both published as open data (sales through August 20, 2026, rents through August 23, 2026). No listings, asking prices, or estimates.

Statistics. All figures are medians. Sale records with a price per sqm outside the 1st to 99th percentile of their area and property type are excluded. Rental figures use new registrations only; renewals are excluded. Partial months are never shown; months resting on fewer than ten sales are flagged.

Gross yield. Median annual rent of new contracts divided by median sale price for the same area, month, and property type. Indicative only; it does not account for service charges, fees, or vacancy.

Limitations. The DLD publishes with a lag of one to three months. Area and building names are normalized from multiple official spellings. This report is informational and is not a valuation or investment advice.