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Raffles The Palm Dubai

A 2 bed in Raffles The Palm Dubai costs a median AED 16.43M and rents long-let for AED 550,000/yr — from 5 sales and 1 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 2 bed
3 in 12 months
Rental contracts · 2 bed
1 in 12 months
Buy
16.43MAED
AED 7,438/sqft
Long-let
AED 550,000/yr
AED/yr/sqft
AED 262
Sales
5
Rental contracts
1
Short-let listings seen
12 months
-9.6%

Based on 5 sales and 1 rental contract in the last 24 months. Rental data covers the whole Emerald Palace Kempinski Hotel project, not this tower alone.

Raffles The Palm Dubai is an apartment building in Palm Jumeirah, Dubai, one of the towers in the Emerald Palace Kempinski Hotel development. The closest metro station is Mina Seyahi, the nearest mall Marina Mall and the nearest landmark Burj Al Arab. Land Department records for it run from 2015 to 2026, 202 registered sales in all — the 5 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 2.70M37632
2 bedAED 16.43M7438-9.6%5
3 bedAED 25.74M80941

Deltas compare each yield with the Palm Jumeirah median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

    Off-plan vs resale

    Units sold off-plan in Raffles The Palm Dubai between 2015 and 2019 went for a median of AED 4,050/sqft (AED 3.32M). The same building resells today at AED 7,177/sqft (AED 16.41M) — an uplift of +394.7%.

    Based on 90 off-plan sales across the building's full history.

    Why this uses the full history
    This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

    Recent transactions

    As filed with the Land Department — data to 2026-08-26.

    Sales

    Nothing registered in the last 3 months. Try a wider window.

    Rental contracts

    The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

    As registered

    The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

    Floors
    11
    Lifts
    16
    Parking bays
    325
    Swimming pools
    1

    Nearby

    Metro
    Mina Seyahi
    Mall
    Marina Mall
    Landmark
    Burj Al Arab

    Compare with nearby buildings

    The most-traded buildings in Palm Jumeirah, on the same figures over the same window.

    Common questions

    How much does a 2 bedroom in Raffles The Palm Dubai cost?
    The median registered sale price is AED 16.43M (7,438 AED/sqft), from 5 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
    Have prices in Raffles The Palm Dubai risen or fallen?
    Median price per square foot moved -9.6% over the last 12 months against the 12 before it, on 5 registered sales. On a sample this size, read the direction rather than the exact figure.
    How many apartments change hands in Raffles The Palm Dubai?
    5 sales were registered with the Dubai Land Department in the last 24 months, alongside 1 Ejari rental contracts. Every median on this page rests on those counts.
    Which metro station is closest to Raffles The Palm Dubai?
    Mina Seyahi, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Marina Mall.

    Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26.

    Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

    Raffles The Palm Dubai sale record

    Record type
    Building-level property market record
    Data date
    Evidence base
    5 registered sales in the trailing 24 months for the default unit type
    Sources
    Dubai Land Department sale transactions and Ejari rental contracts
    Canonical record
    /sale/apartments/dubai/palm-jumeirah/raffles-the-palm-dubai
    Method
    Definitions and calculations

    Cite as: Dubai Wealth Index. “Raffles The Palm Dubai sale prices and yield.” Palm Jumeirah, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/palm-jumeirah/raffles-the-palm-dubai.

    Stable dataJSON

    Where this data stops

    Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.