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© 2026 Keyva. Built on Dubai Land Department open data. Not affiliated with, or endorsed by, the Dubai Land Department or RERA.

Not a licensed brokerage. Figures are historical-trend estimates, not guarantees.

Palm Jumeirah

The Alba Residences By Omniyat

GRANDEUR BEACH REAL ESTATE DEVELOPMENT L.L.C · Selling since 2023 · recent sales mostly off-plan

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Palm Jumeirah
Median per sqft

AED 12,416/sqft

3yr CAGR

—

5yr projection (1,000 sqft)

AED 13.77M

AED 11.05M to AED 21.24M, from 1.8 years of this project's own history. A trend, not a forecast.

Confidence

High

What would this size cost?

Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in The Alba Residences By Omniyat — not an asking price, and not this project’s overall median, which mixes every unit size together.

Price per sqft trend

AED 12,416/sqftNov 2024Aug 2026

What it returns

A year’s rent against what that size actually sold for in The Alba Residences By Omniyat over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in The Alba Residences By Omniyat itself; the rest are homes of the same size in Palm Jumeirah, used where Ejari did not name the building.

SizeCosts nowRents forGross yieldSales behind it
3 bedsAED 29.78MAED 595,000/yrsame size in Palm Jumeirah2.0%10

What it returns after service charges

Starting from the middle filed owners-association budget in this area — AED 22/sqft across 19 buildings, most recently filed for 2023. Charges have risen since then and the filing is matched to this page by name, so replace it with your own invoice if you have one. How to check it.

SizeCharge / yearRent after itGrossNet
3 bedsAED 101,661AED 493,3392.0%1.7%

Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.

Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.

Due diligence

Price vs. Palm Jumeirah median

+328.7%

Priced above the area's real median — ask why.

Developer track record

56 real transactions

0 completed · 1 off-plan/in progress

Full track record →

Verify before you commit

Permit, title, broker license, escrow — the free official checks.

Verification guide →

What's around this property

Transport, schools, healthcare, and daily essentials within 3 km.

Nearest metro

2.2 km

Atlantis Aquaventure

Nearest supermarket

2.2 km

Juiced

Metro stations

  • Atlantis Aquaventure2.2 km
  • The Pointe2.3 km
  • Palm Jumeirah Mall2.8 km

Supermarkets

  • Juiced2.2 km
  • Union Coop2.4 km
  • Monoprix

Other projects in Palm Jumeirah

Passo By Beyond

ESTATE GRAND REAL ESTATE DEVELOPMENT L.L.C

AED 5,831/sqft

Serenia Living

Palma Homes Real Estate Development L.L.C

AED 4,384/sqft

Luce

Taraf Development L.L.C

AED 4,029/sqft

Olaia Residences

GULF HOUSE REAL ESTATE DEVELOPMENT L.L.C

AED 4,028/sqft

Como Residences

THE PALM - JUMEIRAH CO. (L.L.C)

AED 5,418/sqft
2.9 km
  • Waitrose3.0 km
  • Bus stops

    • Falcon Heli Tours3.0 km

    Malls

    • Atlantis Mall2.3 km
    • Palm Jumeirah Mall2.9 km

    Mosques

    • Abdulrahman Siddik Mosque2.2 km

    Straight-line distances — actual walking or driving routes will be longer. Measured from this project's own mapped location. Places data from OpenStreetMap.

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