Jumeirah Islands is fast emerging as a luxury residential hotspot in Dubai. Featuring world-class amenities, this luxurious community offers an array of waterfront homes surrounded by lush parks and green spaces, making it a top choice for international property buyers.
Top rank
Jumeirah Islands has grown in stature to rank along with the emirate’s thriving prime neighborhoods like Emirates Hills, Jumeirah Bay Island, and Palm Jumeirah. Notably, high demand has pushed villa prices by 17% in Dubai’s upscale communities, including Jumeirah Islands, over the last 12 months.
Awesome growth
Over the past three years, the magnificent island has seen significant real estate activity. It logged more than 10% of Dubai’s property transactions exceeding 10 million dirhams. The most notable sale was a 4-bedroom, 5,500 square foot home, sold for 28 million dirhams in December 2023. Last year recorded an impressive sale of 97 luxury homes worth nearly one billion dirhams.
Expanding list
The increasing number of prime residential neighborhoods in Dubai highlights the robust growth of the city’s real estate market. Areas like Tilal Al Ghaf, Jumeirah Golf Estates, Al Barari, and Blue Waters are fast rising to prime status.
Villa prices up 17%
Dubai’s luxury property market is defined by a buy-to-hold or buy-to-live mentality. Homes in the island community command premium prices. Interestingly, according to data, buyers spend heavily to refurbish their Jumeirah Islands residences.
Top property investment destination
Dubai remains a top destination for property investors from India, USA, UK, Russia and Europe due to its strong economy, world-class infrastructure, and favorable investment climate, along with high capital gains on properties. Dubai’s strategic location, tax-free environment and the offer of UAE Golden Visa continue to attract investors from around the globe.
Contact QSA Real Estate to buy your dream home on Jumeirah Islands.
