Introduction
Palm Jebel Ali is making a strong comeback and catching the attention of global real estate investors. As Dubai continues to expand, many are wondering how it compares to its older sibling, Palm Jumeirah. This comparison will help you understand where to buy real estate in Dubai and which project offers better value for your investment.
Property Size and Pricing
One of the biggest differences between the two islands is space. Villas on Palm Jebel Ali come with large plots averaging 21,000 square feet. That’s double the average size of plots on Palm Jumeirah, which sit around 10,500 square feet.
In terms of cost, Palm Jebel Ali is significantly more affordable:
• Built villas average AED 3,000 per square foot, compared to AED 9,000 on Palm Jumeirah
• Prime waterfront plots on Palm Jebel Ali are around AED 2,500 per square foot, while Palm Jumeirah plots go for around AED 8,000
• Entry prices for luxury villas on Palm Jebel Ali are about 50 percent lower
Payment Plans
Palm Jebel Ali offers flexible three to four-year payment plans directly from the developer. This makes it more accessible for buyers and investors. Palm Jumeirah, on the other hand, mainly offers resale units, requiring full upfront payment.
Growth Potential and Investor Appeal
Palm Jebel Ali is more than twice the size of Palm Jumeirah, with a land area of 147 million square feet and 110 kilometers of coastline. Palm Jumeirah has 61 million square feet of land and a 78-kilometer shoreline.
Investors who got into Palm Jumeirah early saw property prices rise by over 50 percent in the last three years. Palm Jebel Ali presents a similar opportunity for those looking to invest early and secure prime waterfront villas in Dubai.
With Dubai welcoming over 6,500 high-net-worth individuals every year, demand for luxury beachfront properties continues to grow. That demand, combined with limited supply, is expected to drive prices even higher over time.
For Investors
If you are planning to buy properties in Dubai, both Palm Jebel Ali and Palm Jumeirah offer strong opportunities. Palm Jebel Ali stands out with its lower prices, larger villas, and flexible payment terms. It’s an ideal choice for those looking to invest in Dubai properties with long-term returns. As demand rises and the island develops, early investors are likely to benefit the most from this iconic project.