Dubai is home to few fantastic residential developments, every one better than the last. But the elegant properties found on the Dubai islands are truly in a class of their own. These dazzling man-made islands in Dubai are wonders of engineering and architecture, reflecting the city’s sheer ambition and talent.
Owning or leasing a home on these islands guarantees an unparalleled lifestyle for residents. Here, I uncovers the typical cost of living on these Dubai islands. Discover the average sales and rental prices for properties in residential islands in Dubai, as well as their amenities, attractions and the most recent developments.
List Of Residential Islands in Dubai
Interested in experiencing island living in Dubai? Take a look at the list of islands in Dubai with residential properties for sale or rent.
PALM JUMEIRAH
The first of the man-made islands in Dubai, Palm Jumeirah has achieved global fame for its palm-tree shaped design and world-class attractions. This Dubai island has everything from five-star resorts, waterfront leisure destinations, sandy beaches and fun water parks, shopping malls, chic apartments and gorgeous villas.
The properties in this Dubai island for sale and rent range from apartments, villas and townhouses. For apartments in Palm Jumeirah, the most popular sub-community is the Shoreline Apartments, which consists of 20 low-rise buildings along the ‘trunk’ of the island. There are floor plans in Shoreline Apartments for 1, 2 and 3-bedroom layouts, along with 4-bedroom penthouses.
Meanwhile, buyers and renters prefer the Garden Homes sub-community when it comes to villas in Palm Jumeirah, which are located on the ‘fronds’ of the island. There are 4 and 5-bedroom floor plans for Garden Homes available, ideal for those who want to live life large on one of the most famous islands in Dubai.
Some of the upcoming residential projects on this man-made island in Dubai include Seven Palm near Nakheel Mall, which offers residential and hotel apartments and One Palm by Omniyat, which boasts opulent apartments with expansive terraces. Other popular off-plan projects inlcude Azizi Mina, which is located on the Palm Island Dubai’s exclusive Crescent.
The cost of living on Palm Jumeirah can vary significantly depending on the sub-community and property type. However, on average, buyers can expect to pay AED 789k for Palm Jumeirah studio apartments and AED 1.67M for 1-bedroom apartments, while the average price to buy 2-bedroom apartments on Palm Jumeirah is AED 2.26M.
Tenants can expect to rent studio apartments in Palm Jumeirah for an average price of AED 62k while 1-bedroom apartments for rent cost AED 104k. However, 2-bedroom apartments on Palm Jumeirah for rent will cost an average of AED 129k.
Looking to invest in a villa in Palm Jumeirah? Expect to pay an average sales price of AED 5.57M for 3-bedroom villas in Palm Jumeirah and AED 9.22M for 4-bedroom houses. The 5-bedroom villas for sale in Palm Jumeirah have a significantly higher average price of AED 16.2M, although this could be due to the much more luxurious properties available in this layout.
On the other hand, 3-bedroom villas have average rental costs of AED 234k while the average cost to rent 4-bedroom villas in Palm Jumeirah is AED 342k. The 5-bedroom villas in Palm Jumeirah are more expensive, with average rentals standing at AED 443k.
BLUEWATERS ISLAND
Want a taste of urban island life in Dubai? Blue Water Island certainly does not disappoint. A Meraas development, Blue Water Island is one of the latest man-made islands in Dubai, most notable for being home to Ain Dubai, poised to become the world’s largest Ferris wheel. With outdoor retail complexes, world-class resorts and proximity to other leisure hubs such as Dubai Marina and JBR, there is so much the waterfront properties in Bluewaters Island have to offer investors, homeowners and tenants.
Those interested in living on this Dubai island can consider purchasing or renting properties in Bluewaters Residences. This residential project is home to apartments, townhouses and penthouses, which come with state-of-the-art amenities such as basketball courts, community gardens, swimming pools and gymnasiums. There are various floor plans for Bluewaters Island apartments for sale and rent, including 1, 2, 3 and 4-bedroom units. Meanwhile, the houses in Bluewaters Island are available in spacious 4-bedroom configurations.
Looking to buy Bluewaters Island apartments in Dubai? The average sale price of 1-bedroom apartments in Bluewaters Dubai is AED 2.23M while 2-bedroom apartments for sale will cost AED 3.21M.
For those keen to rent apartments on one of the most popular islands in Dubai, the rental prices for Bluewaters Island 1-bedroom apartments average at AED 123k. The 2-bedroom apartments for rent in Bluewaters Island have average costs of AED 175k.
On the other hand, the 4-bedroom houses for sale in Bluewaters Island have an average price of AED 13.86M.
DUBAI HARBOUR
Another one of the residential islands in Dubai is Dubai Harbour, also being developed by Meraas. Located between Dubai Marina and Palm Jumeirah, Dubai Harbour is set to open by October 2020 and will boast the most advanced cruise terminal and the largest marina in the region. Close to the city’s most popular landmarks, Dubai Harbour will be one of the most iconic islands in Dubai, with luxurious marinas, cruise terminals, retail outlets and residences.
The most popular sub-community for properties for sale in Dubai Harbour is EMAAR Beachfront, which primarily consists of island apartments in Dubai along with a handful of elegant podium villas.
Within EMAAR Beachfront, buyers are interested in upcoming projects such as Marina Vista, Sunrise Bay and Elie Saab Residences. The latter is also known as Grand Bleu Tower and will be the first Elie Saab-branded tower in the world, featuring infinity pools and private beach access.
The off-plan Dubai Harbour apartments for sale feature both high-rise and low-rise buildings and are available in 1 to 4-bedroom layouts. The villas for sale in Dubai Harbour also come in various configurations, including 3 and 4-bedroom layouts.
If you’re looking to invest in Dubai’s off-plan market, the 1-bedroom apartments in Dubai Harbour cost an average of AED 1.44M while the Dubai Harbour 2-bedroom apartments for sale sport an average price of AED 2.23M.
Looking to purchase exclusive villas on this Dubai island? The 3-bedroom homes in Dubai Harbour come with an average sales price of AED 4.79M, while the 4-bedroom houses for sale cost around AED 5.74M.
JUMEIRAH BAY ISLAND
There are many artificial islands in Dubai, which are designed in fascinating shapes such as palm trees and countries. Jumeirah Bay Island, one of the two islands connecting to the trendy Jumeirah neighbourhood, is designed in the shape of a seahorse. Another Meraas development, Jumeirah Bay Island offers buyers and renters a mix of upscale apartments and villas along with the luxe Bulgari resort and a state-of-the-art marina and yacht club.
Tenants, home buyers and investors pay the most attention to the sub-community of Bulgari Residences in Jumeirah Bay Island, with apartments and villas. The upscale Bulgari apartments in Dubai are located in six low-rise buildings along the marina, with 1 to 3-bedroom apartments and 4-bedroom penthouses. Meanwhile, the spacious Bulgari villas in Dubai are available in 3 to 6-bedroom layouts.
If you’re looking at island villas in Dubai, you can also consider the Villa Amalfi development on Jumeirah Bay Island. This upcoming development offers grand 3, 4 and 5-bedroom villas with rooftop terraces, surrounding a private park.
The cost of 1-bedroom apartments in Jumeirah Bay Island averages at AED 4.75M while the 2-bedroom flats in Jumeirah Bay Islands has an average sales price of AED 7.48M. On the other hand, the 1-bedroom apartments for rent boast average prices of AED 302k while renting 2-bedroom apartments in Jumeirah Bay Islands comes at an average cost of AED 461k.
Buyers looking for a villa on this Dubai island can expect to shell out a cool AED 16.9M for a 3-bedroom villa for sale in Jumeirah Bay Island while the 5-bedroom houses cost an average of AED 30.5M.
PEARL JUMEIRAH
Another one of the mixed-use, man-made islands in Dubai with residential properties is Pearl Jumeirah, which sits off the Jumeirah coastline, close to Al Satwa. This is another one of the Dubai islands that boasts a luxury resort, Nikki Beach Resort and Spa, residential apartments, villas and plots.
Nikki Beach Resort and Spa is also the most popular community for properties in Pearl Jumeirah, offering spacious, beachfront apartments that range from 1 to 4-bedroom units. Pearl Jumeirah is also home to independent mansions that reflect bespoke luxury.
Buyers will have to pay an average of AED 2.94M to buy 1-bedroom apartments in Pearl Jumeirah, while 2-bedroom flats cost an average of AED 3.95M.
Tenants interested in living in island apartments in Dubai can expect to pay an average of AED 170k for 2-bedroom apartments in Pearl Jumeirah.
Keen on purchasing villas on this island in Dubai? The average price to buy 5-bedroom villas in Pearl Jumeirah is AED 15.4M.
THE WORLD ISLANDS
The final mention in Dubai residential islands is The World Islands, the mega-project that consists of an archipelago of 300 small islands constructed in the shape of a world map! While the construction of the islands was completed in 2008, residential and hospitality projects are being built by individual developers.
The Heart of Europe, developed by Kleindienst Group, is one such project that is most popular with buyers and renters. Heart of Europe Dubai sprawls over six islands and is home to upcoming projects such as the Portofino Hotel, Cote D’Azur Hotel and The Floating Seahorse, which is home to one-of-a-kind apartments and villas. The Cote D’Azur Hotel, in particular, is expected to open in Q4 2020 and will have beaches, courtyards and watersports.
Studio apartments in The World Islands for sale will cost investors an average of AED 1.31M while the 1-bedroom apartments average at AED 2.35M.
On the other hand, the average price to purchase one of the uber-luxurious 3-bedroom villas in The World Islands is AED 16.7M. Those looking at making a bigger investment in these Dubai islands, can consider the 4- and 5-bedroom houses in the Dubai World Islands, which have average prices of AED 17.3M and AED 22.9M.
With its unique location and properties, it’s no surprise that the cost of living on World Islands is significantly higher. This is one of the islands in Dubai that is the perfect investment destination for the elite who want to have unparalleled properties in their real estate portfolio.
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Islands in Dubai