All areas
Dubai Islands
officially Palm Deira
Median per sqft
AED 2,507/sqft
Change / 34mo
+8.8%
Annualised pace
+3%
Sold off-plan
100%
Gross rental yield
3.4%
Mortgages per 100 resales
—
A typical residential sale here is AED 2,750,000 for about 1,177 sqft, from 9,031 recorded sales.
Prices here have moved +8.8% across the 34 months (Oct 2023 – Aug 2026) of Land Department records we hold — a pace of +3% a year if it continued.
That is the whole 34 months of records for this area, expressed as an annual pace. It averages across every cycle in that period, so it describes the long run rather than the market today. Treat it as history, not a forecast.
Nearly all recorded sales in Palm Deira are off-plan, so the median above describes under-construction stock rather than the area as a whole.
What each size costs in Palm Deira
Median size and price for every bedroom count with at least 15 recorded sales. Dubai Land Department records a room count on nearly every sale, so this is a breakdown of real transactions rather than an estimate.
| Size | Typical home | Typical price | Per sqft | Sales |
|---|---|---|---|---|
| Studio | 342 sqft | AED 1,171,000 | AED 3,216/sqft | 47 |
| 1 bed | 862 sqft | AED 2,221,142 | AED 2,501/sqft | 4,130 |
| 2 beds | 1,345 sqft | AED 3,388,002 | AED 2,471/sqft | 3,694 |
| 3 beds | 2,026 sqft | AED 5,487,400 | AED 2,657/sqft | 1,046 |
What exists here, and who may own it
Every other figure on this page is about homes that sold. This is the standing stock, from the Land Department’s unit register.
Registered units
13,571
In Palm Deira, from the Land Department's register of flats.
Freehold
100%
Every unit in Palm Deira with a recorded type is freehold, so foreign ownership is permitted throughout.
Typical size
1,226 sqft
Median of the 13,571 units that record one.
By size of home
2 B/R5,839
1 B/R5,521
3 B/R1,934
4 B/R
Rental market
Fewer than 20 registered tenancies for Palm Deira in the last 12 months — too few for a median that would mean anything.
Common questions about Dubai Islands
How much do properties cost in Dubai Islands?
The median residential sale price in Dubai Islands is AED 2,507/sqft, which works out at about AED 2.75M for a typical 1,177 sqft home. That is a median of 9,031 sales actually registered with the Dubai Land Department, not of asking prices.
What rental yield does Dubai Islands give?
The gross rental yield in Dubai Islands is about 3.4%, from registered rents against registered sale prices. Gross — service charges, commission and voids are not deducted.
Is Dubai Islands freehold?
Yes. Every unit in Dubai Islands whose tenure is recorded in the Land Department's register is freehold, so foreign nationals may own property here outright. The register holds 13,571 units for the area.
Is Dubai Islands mostly off-plan or completed homes?
100% of the 9,031 registered sales in Dubai Islands were off-plan, and the rest were completed homes. The two trade at different prices, so a single blended price per square foot for the area would describe neither.
Median price per sqft trend
Areas at a similar price
Closest to Palm Deira on median price per square foot. Areas with fewer than 10 recorded sales are left out, because a median drawn from a handful of deals is not worth comparing against.
Projects in Dubai Islands · 119 recorded
241 Waterside
Unknown developer
AED 2,146/sqft
997 Residences By Reef Luxury Development
Reef Luxury Development L.L.C
AED 2,598/sqft
Agua Residences By Citi Developers - Tower 1
Citi Developers Real Estate Development L.L.C
AED 2,166/sqft
Agua Residences By Citi Developers - Tower 2
Citi Developers Real Estate Development L.L.C
AED 2,527/sqft
Allegro Park By Mill Hill Riviera Development
Mill Hill Riviera Development L.L.C
AED 2,052/sqft
Allegro Residences
Unknown developer
AED 1,929/sqft
Aquora By Casa Vista Development
CASA VISTA DEVELOPMENT L.L.C
AED 2,300/sqft
Arka Enclave Residences