Welcome to Altera

Overview & Vibe:

Palm Jumeirah is a world-renowned, man-made island landmark known for its premium, exclusive, and peaceful beachfront living experience. It provides a calm environment, ideal for those who prioritize privacy.

Property Types:

Property options include luxury apartments and high-end residences on The Trunk, and private beachfront villas along The Fronds.

Key Amenities & Lifestyle:

  • Waterfront Luxury: Home to top hotels, resorts, and private beach access.
  • Retail: Offers exclusive shopping experiences primarily located within its upscale hotels and resorts.

Location & Connectivity:

The island is connected to the mainland by a road bridge. Travel on the island is supported by the Palm Monorail, but it does not connect directly to the metro. Most residents use taxis or private cars for off-island travel.

Investment Outlook:

Property prices are significantly higher than average (AED 2,500 to AED 4,000 per sq. ft.). Palm Jumeirah presents opportunities for strong long-term property value appreciation (growing by up to 12% yearly). Rental yields are stable, ranging from 4% to 6%. It is a high-demand area for luxury short-term rentals due to its iconic status and appeal to wealthy tourists.