Dubai: villa and apartment prices soar by up to 100% as super-rich people flock to Palm Jumeirah

Since the opening of Atlantis The Royal, real estate prices in Palm Jumeirah have increased, and, according to industry experts, some investors have received more than 100% of the original purchase price of their apartment.

Atlantis The Royal was opened in January 2023 in an incredible ceremony that attracted the attention of the whole world. Singer Beyonce took to the stage with her 11-year-old daughter Blue Ivy at her first performance since 2018. The hotel has both hotel rooms and residences.

Last year, Palm Jumeirah again attracted interest from investors around the world. There is also a steady increase in interest in real estate inside the Atlantis The Royal Hotel itself, which has 231 residential units.

A luxury four-bedroom apartment in the newly opened Atlantis complex, The Royal Residence, was listed for an eye-popping 60 million dirhams on the search site PropertyFinder. The waterfront apartments feature a 90-meter-high infinity pool and floor-to-ceiling windows with balconies overlooking the ocean and palm trees.