Ultra-prime island market with beach access, branded residences and the deepest luxury resale pool in the UAE. This page sets out the current asking-price band for penthouses in Palm Jumeirah, the gross yields investors are underwriting, and every one-off cost you pay on top.
Worked on a mid-range unit of 10,000 sq ft at AED 8,250 per sq ft. Figures are indicative market ranges, not an offer on any specific property.
| Indicative purchase price | AED 82,500,000 |
|---|---|
| Land-department transfer fee (4%) | AED 3,300,000 |
| Agency commission (2% + VAT) | AED 1,732,500 |
| Trustee & registration | AED 4,000–6,000 |
| All-in one-off costs | ≈ 6.1% of price |
| Indicative gross annual rent | AED 3,176,250 |
| Annual service charge | AED 325,000 (AED 25–40/sq ft) |
| Indicative net yield after service charge | 3.5% |
| Annual property tax | 0% — the UAE levies none |
| Tax on rental income (UAE) | 0% |
Net yield excludes management fees, vacancy and maintenance. Assume 8–12% of gross rent for a managed long-let and more for short lets.
Wealthy end-users, relocating HNWIs and premium holiday lets. Supply is physically capped.
Lowest yields of any district and the widest gap between asking and achieved price. Due diligence on beach rights and service charges matters.
Trophy segment driven by view and floor level. Yields compress, but the buyer pool is cash-rich and less sensitive to interest rates.
Entry tickets here already sit at or above the AED 2 million level commonly applied for the 10-year Golden Visa, so a single purchase can support a residency application. Non-residents can generally borrow 50–60% loan-to-value from UAE banks, residents up to 80% on a first home, subject to income and age criteria.
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OPAVITA is an introduction service, not a licensed broker. Ranges on this page are indicative market data for orientation; no specific property, project or price is offered.