The 8
- Completed 2019
- 190 units
- 9 floors
- 14 lifts
- 516 parking bays
- 3 pools
A 2 bed in The 8 costs a median AED 5.00M and rents long-let for AED 220,000/yr (4.4% gross).
2 bed · typical price
5.00MAED
AED 4,045/sqft · +3.0% on a year
- Rent a year
- AED 220,000
- Yield after service charge
- 3.8%
- vs Palm Jumeirah
- 48% above the median
Cost to buy, all inAED 5.30M
- Price
- AED 5.00M
- DLD fee 4%
- AED 199,820
- Agent 2% + VAT
- AED 104,906
- Trustee
- AED 4,200
Fees repaid by net rent20 months
Is The 8 a good investment?Easy to let, prices rising and easy to sell; the rent pays below the Dubai median and rents are slipping
- Does it pay a good rent?4.4% gross, 3.8% after the service charge (Dubai median 6.8%)4.4%Watch
- Is it easy to let?85% of units signed a yearly lease in 12 months; the typical Palm Jumeirah building manages 9%85%Strength
Palm Jumeirah median 9% · top tenth from 47%The 8 · 85% Across 18 Palm Jumeirah buildings with 40 or more units, the median signed annual leases on 9% of units in 12 months and the top tenth on 47% or more; The 8 is at 85%.
- Are rents going up?New 2 bed leases: AED 235,000 a year ago, AED 220,000 now-6.4%Watch
- Are prices going up?2 bed: AED 3,927/sqft a year ago, 4,045 now+3.0%Strength
- How fast do fees pay back?AED 308,926 in fees to buy a 2 bed; net rent covers it in 1.6 years1.6 yrsFair
- Can I sell easily?23 sales in 12 months, 12% of the tower (55 the year before)23Strength
- 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
- Did earlier buyers gain?Up 105% for buyers 5 years ago; up 49% for launch buyers, before fees+105.2%Context
Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026
The 8 prices and rents by unit typeA two-bed costs about AED 5.00M and rents for about AED 220,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
2 bed · price per sqft · Palm Jumeirah · area median AED 2,739/sqft
- 12-month change
- +3.0%
- 3 years
- +9.1% · +2.9%/yr
- 5 years
- +107.0% · +15.7%/yr
- vs area median
- +47.7%
- Rank by price per sqft
- 14th of 54
- Off-plan price gain, 2015–2020
- +79.0% · +7.1%/yr
Rental income
2 bed · Palm Jumeirah
- Gross yield
- 4.4%
- Median new rent
- AED 220,000/yr
- Yield vs area median
- -0.5 pts
- Yield vs Dubai (6.8%)
- -2.4 pts
- Yield rank
- 21st of 27
- Renewal rent
- AED 239,000/yr
- New tenants pay vs sitting (14 renewals)
- -8.0%
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Sale price, AED (right axis) Rent on new leases, AED a year (left axis)
Chart data, 2 bed: May 2015, AED 3,796,000; latest, Jul 2026, AED 4,841,000; peak, Aug 2025, AED 6,437,500. Rent on new leases: Jan 2019, AED 115,000 a year; latest, Sep 2026, AED 217,500.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 3,955 · before fees
- Launch, 2015–20
- 2,653
- +49%
- 30 sales
- 5 years ago
- 1,928
- +105%
- 38 sales
- 3 years ago
- 3,419
- +16%
- 38 sales
- Previous 12 months
- 3,836
- +3%
- 55 sales
- Last 12 months
- 3,955
- today
- 23 sales
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.
23 resales in the last 12 months, against 38 a year on average over 2023–2025.
23 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. The 8 places 24th of 93; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against The 8 (AED 3,955/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 2 bed, The 8 has registered sale prices 48% above the Palm Jumeirah median price per square foot of 2,739 AED, across 54 eligible buildings. It ranks 14th of 54 by price per square foot and 21st of 27 by gross yield 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 activityPlanned 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 supplySupply 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 countedDirect 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 The 8
The 8 is an apartment building completed in 2019 in Palm Jumeirah with 190 registered units. 486 sales are registered with the Dubai Land Department.
The building, as registered
- Service charge
- AED 25.96/sqft a year · 2026 budget
- Floors
- 9
- Lifts
- 14
- Parking bays
- 516
- Pools
- 3
Drive times · typical
- Downtown
- 28 min · 25 km
- DXB Airport
- 32 min · 39 km
- DIFC
- 24 min · 28 km
- Dubai Marina
- 18 min · 11 km
- Palm Jumeirah
- 11 min · 2.2 km
Nearest, as registered
- Metro
- Mina Seyahi
- Mall
- Marina Mall
- Landmark
- Burj Al Arab
The 8: AED 3,955 per sq ft, 40% above the median Palm Jumeirah building, and a 3.8% gross yield, below the area's median 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
- The 8AED 3,955
- Palm Jumeirah, readyAED 2,663
- Palm Jumeirah, off-planAED 5,539
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
The 8Palm Jumeirah median building
- Palm Jumeirah3.8% vs 5.1%
Nearby in Palm Jumeirah
Prices per sq ft around The 8, on the mapPrices per sq ft around The 8, on the map
Seven Hotel & Apartments the Palm - A
Palm Jumeirah · 51 sales, 12 months
1.70M
AED, resale median · 3,456/sqft
The Palm Tower
Palm Jumeirah · 32 sales, 12 months
2.58M
AED, resale median · 4,343/sqft
Royal Amwaj Residences North
Palm Jumeirah · 26 sales, 12 months
2.58M
AED, resale median · 2,375/sqft
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.
- Sales and rents toOn record
- Sales evidence · 2 bedOn record
- Rental evidence · 2 bedOn record
- Service chargeAED 25.96/sqft a year, 2026 owners-association budget; 3.8% yield after it. Confirm against the latest invoice.On record
- Project registerOn record
- Building recordOn record
- Costs not includedNot in the yield
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 rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from The 8’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer 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
- 22,213AED
- 4.5% over 25 years
- Monthly rent
- 18,333AED
- AED 220,000 a year
- Cash needed at purchase
- 1,360,981AED
- 20% down plus AED 361,881 in fees
Owning costs AED 638,407 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 3.
Ask about The 8
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Common questions
- What is the rental yield in The 8?
- The 8 returns 4.4% gross: a median new-contract rent of AED 220,000 a year (33 Ejari contracts in 12 months) over a price benchmark of AED 5.00M (median of 12 sales in the last 12 months, latest Jul 2026), before service charge, agency fees or vacant months.
- How much does a 2 bedroom in The 8 cost?
- The median registered sale price is AED 5.00M (4,045 AED/sqft), from 12 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What are apartments in The 8 selling for right now?
- Registered sales of ready units in The 8 over the last 12 months have a median of 4,045 AED/sqft, across 12 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
- Have prices in The 8 risen or fallen?
- Median price per square foot moved +3.0% over the last 12 months against the 12 before it, on 12 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How does The 8 compare with Palm Jumeirah?
- Its 4.4% gross yield sits -0.5 pts against the Palm Jumeirah median of 4.9%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
For agents
Send this page to a client as a branded report
The 8 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 12 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/the-8
Cite as: Dubai Wealth Index. “The 8 sale prices and yield.” Palm Jumeirah, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/palm-jumeirah/the-8
Stable dataJSON