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Raffles The Palm Dubai

A 2 bed in Raffles The Palm Dubai costs a median AED 16.51M and rents long-let for AED 550,000/yr.

Satellite view of Raffles The Palm Dubai, Palm Jumeirah, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

2 bed · typical price

16.51MAED

AED 6,917/sqft

Rent a year
AED 550,000
vs Palm Jumeirah
152% above the median
Cost to buy, all inAED 17.52M
Price
AED 16.51M
DLD fee 4%
AED 660,300
Agent 2% + VAT
AED 346,658
Trustee
AED 4,200

Fees repaid by rent22 months

Against this building’s registered sales of the same type.

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Is Raffles The Palm Dubai a good investment?Easy to sell, with nothing to watch; no record of the yield and the rent trend

  1. Does it pay a good rent?Too few leases or sales to divide one by the otherNo record
  2. Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
  3. How fast do fees pay back?AED 1.01M in fees to buy a 2 bed; rent covers it in 1.8 years1.8 yrs
  4. Can I sell easily?3 sales in 12 months, 30% of the tower (5 the year before)3Strength
  5. Is a lot being built nearby?1,706 apartments are planned in Palm Jumeirah from 2026 to 2028, equal to 44% of the 3,913 homes let there today. A further 125 are past their planned date. Palm Jumeirah supply by year →44%Fair
  6. Did earlier buyers gain?Up 71% for launch buyers, before fees+70.8%Context

Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Raffles The Palm Dubai prices and rents by unit typeA two-bed costs about AED 16.51M and rents for about AED 550,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
2 bed8 units · 2,248 sqftAED 16.51M6,917/sqftpooled rent, not per buildingpooled rent, not per buildingunder 5 sales in a year3
Appreciation, rental income and short-term detail, by unit type

Appreciation

2 bed · price per sqft · Palm Jumeirah · area median AED 2,739/sqft

Rank by price per sqft
4th of 54

Rental income

2 bed · Palm Jumeirah

Read with care

  • Rental data covers the whole Emerald Palace Kempinski Hotel project, not this tower alone.
  • Thin sample — 3 sales in 12 months. Treat these figures as indicative.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid by year, 2 bed, with fainter bars resting on fewer sales. Too few monthly records in Raffles The Palm Dubai to draw an honest monthly line.

Chart data, 2 bed: 2024, AED 15,700,000; latest, 2026, AED 16,466,250; peak, 2026, AED 16,466,250.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 6,917 · before fees

Launch, 2015–19
4,050
+71%
3 years ago
4,751
+46%
Previous 12 months
7,438
−7%
Last 12 months
6,917
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

DateTypeSqftPriceAED/sqft
7 May 20262 bed2,387AED 16,507,5006,917
15 Apr 20262 bed2,387AED 16,425,0006,882
28 Nov 20252 bed2,804AED 22,966,8358,191

3 resales in the last 12 months.

Comparables in Palm Jumeirah

Every Palm Jumeirah building with a page, ranked by price per sqft over the same 12 months, all unit types. Raffles The Palm Dubai places 9th of 93; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
5The Royal Atlantis Resort & ResidencesCompleted 2022 · off-plan 4,257/sqftAED 23.00M8,442+22.0%5.2%-11.2%19
6Armani Beach Residences At Palm Jumeirah3% · Q4 2027 · off-plan 7,844/sqftAED 89.90M7,792+12.7%——3
7ORLA by Omniyat70% · Q4 2026 · off-plan 7,002/sqftAED 38.00M7,001+1.2%—-0.4%5
8Six Senses Residences The PalmCompleted 2026 · off-plan 5,904/sqftAED 20.00M6,930+0.2%1.5%+2.5%17
9Raffles The Palm Dubai · this buildingCompleted 2019 · off-plan 4,050/sqftAED 16.51M6,917——3
10Passo by Beyond - TOWER B0% · Q4 2029 · off-plan 6,021/sqftAED 9.65M6,021-13.0%——84
11Passo by Beyond - TOWER A0% · Q4 2029 · off-plan 5,822/sqftAED 8.64M5,871-15.1%—+3.1%142
12Como Residences11% · Q1 2027 · off-plan 5,723/sqftAED 58.43M5,646-18.4%—+0.8%12
13Ocean House30% · off-plan 5,189/sqftAED 18.55M5,199-24.8%—-4.5%8

Rank 1 is the dearest per square foot. Differences are against Raffles The Palm Dubai (AED 6,917/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 2 bed, Raffles The Palm Dubai has registered sale prices 152% above the Palm Jumeirah median price per square foot of 2,739 AED, across 54 eligible buildings. It ranks 4th of 54 by price per square foot in Palm Jumeirah.

Market context in Palm Jumeirah

Registered sales activity

748 ready apartment sales in the 12 months to 2026-10-12.

+3.4% in median AED/sqft versus the preceding year, supported by 748 current and 1,092 prior price observations.

Explore sales activity

Planned apartment projects

1,382 known registered units across 7 pending projects planned within one year of the 2026-07-06 register.

3 projects had already passed their planned date; 2 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

1,706 apartments are planned in Palm Jumeirah from 2026 to 2028, equal to 44% of the 3,913 homes let there today.

Ready prices per sqft fell in 26% of 34 buildings (counted once per bedroom type) in Palm Jumeirah with sales in both years; the typical one moved +3.4%.

New-lease rents fell in 81% of 16 buildings (counted once per bedroom type) with leases in both years; the typical one moved −6.8%.

How these are counted
Find service-charge budget evidence for Raffles The Palm Dubai

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

About Raffles The Palm Dubai

Raffles The Palm Dubai is an apartment building completed in 2019 in Palm Jumeirah. 101 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Floors
11
Lifts
16
Parking bays
325
Pools
1

Drive times · typical

Downtown
26 min · 26 km
DXB Airport
31 min · 39 km
DIFC
22 min · 28 km
Dubai Marina
16 min · 12 km
Palm Jumeirah
9 min · 2.8 km

Nearest, as registered

Metro
Mina Seyahi
Mall
Marina Mall
Landmark
Burj Al Arab

Raffles The Palm Dubai: AED 6,917 per sq ft, 144% above the median Palm Jumeirah building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. Raffles The Palm DubaiAED 6,917
  2. Palm Jumeirah, readyAED 2,663
  3. Palm Jumeirah, off-planAED 5,539
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Upcoming supply in Palm Jumeirah, by handover quarter

Nearby in Palm Jumeirah

Every building in Palm Jumeirah →
Prices per sq ft around Raffles The Palm Dubai, on the map
Pills show median sale price, AED. 81 buildings pinned from Google place records and Apple geocoding · Raffles The Palm Dubai is the inverted pinOpen in Apple Maps
Satellite view of Seven Hotel & Apartments the Palm - A, Palm Jumeirah, Dubai, centred on its registered pin. Apple Maps.

Seven Hotel & Apartments the Palm - A

Palm Jumeirah · 51 sales, 12 months

1.70M

AED, resale median · 3,456/sqft

Satellite view of The Palm Tower, Palm Jumeirah, Dubai, centred on its registered pin. Apple Maps.

The Palm Tower

Palm Jumeirah · 32 sales, 12 months

2.58M

AED, resale median · 4,343/sqft

Satellite view of Royal Amwaj Residences North, Palm Jumeirah, Dubai, centred on its registered pin. Apple Maps.

Royal Amwaj Residences North

Palm Jumeirah · 26 sales, 12 months

2.58M

AED, resale median · 2,375/sqft

Satellite view of Serenia Living - Tower 1, Palm Jumeirah, Dubai, centred on its registered pin. Apple Maps.

Serenia Living - Tower 1

Palm Jumeirah · 25 sales, 12 months

8.50M

AED, resale median · 4,541/sqft

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 2 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Raffles The Palm Dubai’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
64,228AED
4.5% over 25 years
Monthly rent
45,833AED
AED 550,000 a year
Cash needed at purchase
6,110,849AED
30% down plus AED 1.16M in fees

Owning costs AED 1.56M less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 3.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

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Common questions

What is the rental yield in Raffles The Palm Dubai?
No gross yield is published for Raffles The Palm Dubai as of 2026-10-12: its Ejari contracts are registered at project level, not for this tower. In the last 12 months it had 3 registered sales and 1 new Ejari contract; a published yield needs at least 5 new contracts and 3 sales. The Palm Jumeirah median is 4.9% gross.
How much does a 2 bedroom in Raffles The Palm Dubai cost?
The median registered sale price is AED 16.51M (6,917 AED/sqft), from 3 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
What is the registered annual rent for a 2 bedroom in Raffles The Palm Dubai?
The median new annual rent is AED 550,000, from 1 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
How many apartments change hands in Raffles The Palm Dubai?
3 sales were registered with the Dubai Land Department in the last 12 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.

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Raffles The Palm Dubai sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
3 registered sales in the last 12 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 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/palm-jumeirah/raffles-the-palm-dubai

Stable dataJSON