Raffles The Palm

Completed|415 units · 1 building

Raffles The Palm is a completed development by SUNRISE PROPERTIES LIMITED in Palm Jumeirah, comprising 415 registered units. 101 sales are registered with the Dubai Land Department, at a current PIX© price of AED 3,923 per sqft. At AED 3,923 per sqft, Raffles The Palm prices 66% above the Palm Jumeirah median of AED 2,367 per sqft on registered sales.

PIX© price · ↓1.1% YoY

3.84MAED

Typical

3,923AED

PSF

Gross yield

7.6%

PIX© rent ÷ PIX© price

Sale records

101

DLD · all time

Rent contracts

Ejari · all time

SATELLITE

LocationPalm Jumeirah

Drive times · typical

Downtown Dubai28 min · 27.1 km

DXB Airport31 min · 36.8 km

DIFC29 min · 29.1 km

Dubai Marina20 min · 12.3 km

Palm Jumeirah9 min · 5.4 km

Nearest · straight-line

Metro stationSobha Realty Metro Station5.1 km

MallAtlantis Mall2.5 km

SchoolShehab Allam Academy2.7 km

HospitalBest IVF Hospital in Dubai1.7 km

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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 5

…

2 Bed on Floor 5, Raffles The Palm

Size
Record: Jul 2024 to Aug 2026
Owners: 2
Tenants: 1
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
1Tenant 1	11 Aug 2026			Owner 2
2Owner 2	2 Jul 2024		2.2 yrs	Current owner
Owner 1 · Undisclosed		—		Acquisition date and price not on record

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2 Bed · Floor 5 · Raffles The Palm

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Occupancy (237 nights)

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Raffles The Palm3,923AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
PIX© Core Project-Wide 81 - 680,179 sqft	415	3.84M	3,923	↓1.1%		292K	7.6%
Residential
2 Bed · Apartment 2,096 - 2,804 sqft	8			-		-	-
3 Bed · Apartment 3,180 - 5,575 sqft	2			-		-	-
Studio · Hotel Apartment 649 - 1,624 sqft	295					-	-
1 Bed · Hotel Apartment 938 - 3,135 sqft	49	-	-	-		-	-
2 Bed · Hotel Apartment 3,595 - 4,200 sqft	3	-	-	-	-	-	-
3 Bed · Hotel Apartment 8,101 sqft	1	-	-	-	-	-	-
Hotel Apartment (Bedrooms Unknown) 680,179 sqft	1	-	-	-	-	-	-
Commercial
Office 4,155 - 4,824 sqft	3	-	-	-	-	-	-
Shop 3,279 - 5,475 sqft	21	-	-	-	-	-	-
Warehouse 81 - 435 sqft	32	-	-	-	-	-	-

Sales - Project-Wide101 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
6 May 2026	2 Bed	Raffles The Palm · Floor 4	2,387	16,507,500	6,917	-	Standard	Standard Sale
15 Apr 2026	2 Bed	Raffles The Palm · Floor 4	2,387	16,425,000	6,882	-	Standard	Standard Sale
27 Nov 2025	2 Bed	Raffles The Palm · Floor 4	2,804	22,966,835	8,191	-	Standard	Standard Sale

Rentals - Project-Wide22 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
11 Aug 2026	2 Bed	Raffles The Palm · Floor 5	2,102	550,000	-	-	Standard	CERTIFICATE
1 Jan 2026	—	Raffles The Palm · Floor G	527	264,600	502	-	Standard	CERTIFICATE
31 Dec 2025	—	Raffles The Palm · Floor 1	4,166	100,000	24	-	Standard	CERTIFICATE

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Raffles The Palm

Compared with

Atlantis The Royal Residences

PIX© PSF

5,879

Rank

—

#1 of 51

Typical price

12.36M

Yield

3.3%

Units

415

609

Sales

Rents

Developer

SUNRISE PROPERTIES LIMITED

ATLANTIS THE PALM 2 DEVELOPMENT L.L.C

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Atlantis The Royal Residences ATLANTIS THE PALM 2 DEVELOPMENT L.L.C · Completed	609					85	88
–	Raffles The Palm SUNRISE PROPERTIES LIMITED · Completed	415	5,879	Subject	12.36M	3.3%	11	18
	Serenia Living PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Completed	229					13	34
	Aquamarine SHAMAL ESTATES L.L.C · Completed	110					39	145
	Muraba Residence MURABA PROPERTIES L.L.C · Completed	50					35	22
	Ellington Beach House BEACH HOUSE REAL ESTATE DEVELOPMENT L.L.C · Completed	129					20	41
	Ruby SHAMAL ESTATES L.L.C · Completed	111					17	171
	The 8 C FOURTEEN FZE · Completed	307					137	295
	Serenia Residences North PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Completed	108					35	158
	Serenia Residences East PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Completed	58					36	48
	Serenia Residences The Palm PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Completed	242					105	293

Community median 2,367 AED/sqft. Showing the closest-ranked peers of 51 ranked projects in the community. 10 community projects excluded for insufficient recorded sales. 23 excluded for trading only in the off-plan market. 8 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Palm Jumeirah

The closest-priced registered projects in Palm Jumeirah.

The 8AED 3,884/sqft
Serenia Residences NorthAED 3,860/sqft
Serenia Residences EastAED 3,855/sqft
Serenia Residences The PalmAED 3,845/sqft
RubyAED 4,213/sqft
Muraba ResidenceAED 4,220/sqft

Common questions about Raffles The Palm

Answered from Dubai Land Department registered transactions.

How much does a property in Raffles The Palm cost?

Property in Raffles The Palm sells at a current PIX© price of AED 3,923 per sqft, or about AED 3,841,086 for a typical unit, based on 101 sales registered with the Dubai Land Department.

Is Raffles The Palm completed?

Yes. Raffles The Palm is recorded as completed in the Dubai Land Department project register.

Who is the developer of Raffles The Palm?

Raffles The Palm is developed by SUNRISE PROPERTIES LIMITED, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Raffles The Palm?

Raffles The Palm yields 7.6% gross, calculated from current PIX© rent against current PIX© sale price, across 22 registered Ejari contracts.

How many units are in Raffles The Palm?

Raffles The Palm holds 415 registered units, per the Dubai Land Department unit register.

Have prices in Raffles The Palm gone up or down?

Price per sqft has fallen -1.1% over the last 12 months, to AED 3,923, across 101 registered sales.