if one were to stretch the price range, then Palm Jebel Ali would be making up a whopping 80 per cent of Dubai’s Dh18 million to Dh30 million homes.
This also creates possibilities for ready homes on Palm Jumeirah to be up for renewed demand. According to market chatter, potential sellers are already fine-tuning their likely asking prices. “All signs point to a further double-digit gain in Palm Jumeirah values, especially on apartments, this year” said a broker. “That’s what sellers are waiting for – the right moment and the right exit price.”