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Do You Know the Most Expensive Community in Dubai?

The Most expensive community in Dubai - Downtown Dubai and Palm Jumeirah serving lifestyle with top of the line facilities to have new version of living, get all its details inside that will help you in taking a right decision if you be a part of this posh areas of Dubai, so go ahead: -

Aishwarya, Senior Content WriterA Content Strategist, Crafting Data Driven & Impactful Content to Resonate with Audiences and Support Business.

Dubai Housing

Real Estate

Contents

AVERAGE COST OF LIVING IN DOWNTOWN AVERAGE COST OF LIVING IN PALM JUMEIRAH COST OF DOWNTOWN DUBAI VS COST OF PALM JUMEIRAH OVERALL ANALYSIS

Do You Know the Most Expensive Community in Dubai?

Dubai is beyond “Burj Khalifa” as it has unbeatable developments around, so time to explore its top expensive communities Downtown and Palm Jumeirah with strong niche where one is serving “City’s most exotic lifestyle” and on the other hand, a lifestyle that is based around beach to add “Unique water style of living.”

Get a detailed comparison of Downtown Dubai and Palm Jumeirah that will give you impactful information on everything be it its total acres, vibes, property types, location perks, future, ancillaries, benefits, amenities and more are loaded below, have a look: -

COMPARISONS	DOWNTOWN DUBAI	PALM JUMEIRAH
YEAR	It was launched in the year 2004 Burj Khalifa completed in 2010	It was launched in the year 2001 Atlantis, The Palm completed in 2008
BUILDER	EMAAR Properties	Nakheel Properties
TOTAL ACRES	TOTAL ACRES	Over 1,380 acres of area
PURPOSE	Having city vibes and it is a perfect blend of attractions and urban set up	Best beachfront experience to attract tourism and to improve real estate standards
KEY CONSIDERATIONS	Dubais main hub, tallest builder “Burj Khalifa” and premium city life Meet fast paced lifestyle with diversified experience	Worlds luxurious hotel “Atlantis The Palm” and exclusive Palm Monorail for inter connectivity Life around water for peaceful and content living
TOTAL TREES PLANTED	185,000 trees are planted in Downtown	12,000 trees are injected in Palm Jumeirah
PARKS IN THE VICINITY	Burj Park South Ridge Park Bay Avenue Park	Al lttihad Park Palm West Beach lined with palm trees
BEST CHOICE FOR	Professionals, young generation, high net worth individuals and investors	Holiday home buyers, families, high net worth individuals and investors
TOTAL POPULATION	100,000 residents	80,000 residents
PROPERTY TYPES	Apartments, hotels and penthouses	Apartments, townhouses, hotels and villas
SIZES	Studio- 450 Sq. Ft. 1 BR apartment- 700 Sq. Ft. Penthouse- 3,000 Sq. Ft	1 BR apartment- 900 Sq. Ft. 2 BR apartment- 1,400 Sq. Ft Villas- 7,000 Sq. Ft.
PRICE RANGE	Price starts from AED 1.4 million	Price starts from AED 1.5 million
PROPERTY USP	Perfect view of Burj Khalifa and Dubai Skyline	Resort style living with beachfront living experience
ROI	7%	4%
EMRENTAL YIELDS AAR	5-7%	4-6%
TOTAL PROPERTIES FOR SALE	Around 4,433 properties are available for sale in Downtown	Around 1,894 properties are available for sale in Palm Jumeirah
PROPERTY OPTIONS	EMAAR Address Grand Downtown Rouge by Baccarat Opulent Residences Keturah Burj Khalifa Views Binghatti Mercedes Benz Places	Omniyat Bespoke in Palm Jumeirah Ellington Ocean House Azizi Mina Ela by Omniyat Aramani Beach Residences The Palm Crown
LOCATION	Downtown is just off Sheikh Zayed Road	Situated on the coastal area off Dubai Marina, further connecting to the Arabian Gulf
LOCATION PERKS	Burj Khalifa, Dubai Mall, Dubai Opera	Atlantis, The Palm, Dubai Marina nd Jumeirah Beach Residences
TRANSPORTATION SYSTEM	Burj Khalifa & Dubai Mall metro station Several RTA buses Taxis	Palm Monorail Dubai tram connecting to Dubai metro Water transpor Taxi
CONNECTIVITY (By car)	DXB- 12 min Dubai Marina- 20 min MBR City- 10 min Business Bay- 5 min Dubai Creek Harbour- 12 min	Dubai Marina- 10 min Business Bay- 20 min Downtown- 20 min DXB- 30 min Dubai World Trade Centre- 25 min
ROADS	Sheikh Zayed Road, Financial Center Road, Al Khail Road,	Al Sufouh Road, Palm Jumeirah Road and Sheikh Zayed Road,
PEDESTRIAN FRIENDLY	Yes, it is easily accessible	It has limited access
CAR PARKING SPACE	Every project has its own car parking space, same with the hotels, restaurants and bar, in Dubai Mall these is around 14,000 car parking space	Every project has its own car parking space, same with the hotels, restaurants and bar. Nakheel Mall comes with 4,000 parking facility
SCHOOLS IN THE VICINITY	Dubai International School GEMS Wellington International School Jumeirah English Speaking School Downtown International School English College Dubai	The American School of Dubai Dubai British School International School of Creative Science Nord Anglia International School Dubai Raffles International Schoo
HOSPITALS IN THE VICINITY	Mediclinic Dubai Mall Emirates Hospital Clinic Valiant Clinic and Hospital	Emirates Hospital Clinic Kings College Hospital London HealthBay Clinic
RESTAURANTS IN THE VICINITY	Abd El Wahab (Lebanese) TATEL Dubai (Spanish) Fouquets Dubai (French) Black Tap Craft Burgers and Shakes (for quick grab)	STAY by Yannick Alleno (French) Hakkasan Dubai (Cantonese) Barfly by Buddha Bar (Asian)
PROFESSIONAL COMPANIES	Atkins Middle East WSP Middle East Spiral Click Web Technologies Quick Biz	Service Basket UAE Keller Williams Real Estate DESCO Print and Studio Euphoria Interiors
ESTIMATED RETAIL SHOPS	1,300 retail shops in Downtown Dubai Dubai Mall (1,200) Souk Al Bahar (100)	210 retail shops in Palm Jumeirah Nakheel Mall (140 shops) The Pointe (70 shops)
ACTIVITIES	Visit Burj Khalifa, amazing Dubai Fountain show, shop your favourite brand in The Dubai Mall, Art Galleries at Dubai Opera and more are lined up for you	Take a water sport such as parasailing, kayaking, jet skiing and more, experience the largest water park in Aquaventure Waterpark, bigging jogging track of 3.2 km track, take a boat cruise and lots more
PROS OF LIVING	Citys faster growing place with all top of the line facilities Stay around iconic landmarks Best transportation facility Keeps you centrally located	Offerings a peaceful and calm lifestyle around water Dubais premium address Big size home experience Unique range of recreational activities
CONS OF LIVING	Crowed Expensive Traffic congestionx Average ROI of 6.22%	One of the expensive areas Away from the main city More for tourism Average ROI of 3.57%

These are some of the prime details that you must have unlocked about Downtown Dubai and Palm Jumeirah where its total acres of area, livability, vibes, theme, purpose, features and more just factors have given you impactful details and to understand from livability point of view both the place are different with exclusive vibes fulfilling different life aspects.

Other Exclusive Projects In Dubai For You to Pick:

Altan by Emaar at Dubai Creek Harbour Azizi Milan at City of Arabia Dubailand Damac Chelsea Residences at Dubai Maritime City Emaar Grand Polo Club & Resort Dubai Sobha Aquamont at Downtown Umm Al Quwain Sobha the Horizon at Sobha Central

AVERAGE COST OF LIVING IN DOWNTOWN

PROPERTY TYPE- Studio
RENTAL PRICE- AED 85,000
AVERAGE PRICE- AED 2,426
ELECTRICITY, WATER, COOLING- AED 700
INTERNET COST- AED 300
DINING COST- Great options and they are expensive

AVERAGE COST OF LIVING IN PALM JUMEIRAH

PROPERTY TYPE- Studio
RENTAL PRICE – AED 120,000
AVERAGE PRICE- AED 2,186
ELECTRICITY, WATER, COOLING- AED 700
INTERNET COST- AED 300
DINING COST- Great options, but more expensive than Downtown because of its waterfront location

COST OF DOWNTOWN DUBAI VS COST OF PALM JUMEIRAH

Elevating from the above data is shows that cost of living in Palm Jumeirah is higher than Downtown because of the fact that rental, property price and restaurants in Palm Jumeirah is costlier, so this takes us to the conclusion that if you want comparatively less cost, then Downtown become a favourable area for home buyers and professionals, whereas, Palm Jumeirah is more expensive with slower appreciation rate that is 3.57 %.

OVERALL ANALYSIS

Dubai’s top leading and expensive areas, Downtown Dubai and Palm Jumeirah, are preferred places showing its remarkable infrastructure, vibes and supreme lifestyle, but keeping the reality of its real estate where the properties are way expensive as compared to many other areas of Dubai. Then these places are true for high net worth individual who can absorb the cost of living in these expensive places.

If you are interested in more such comparisons, then Dubai Housing provides complete insight into different areas that helps young buyers and investors to pick the area worth buying.