The developer of Palm Jumeirah was Nakheel, a real estate company now owned by the government of Dubai. The master plan was drawn up by Helman Hurley Charvat Peacock, an American architectural firm.
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Palm Jumeirah is government property and its developer is state-owned Nakheel Properties.
There are three islands in total that make up Dubai Palm Islands - Palm Jumeirah, Palm Jebel Ali and Palm Deira, however the only island open to visitors is Palm Jumeirah.
There are beautiful waterfront apartments in Palm Jumeirah. Palm Jumeirah is just like living on paradise island. If you are considering moving to Palm Jumeirah, you will be living in one of Dubai's most iconic developments, therefore without a doubt, you will have the best of everything.
It's a luxurious area with high-end amenities and a wide range of housing options. Renting an apartment in Palm Jumeirah can cost anywhere from AED 70,000 to AED 200,000 per year. Utilities, such as electricity and water, are also more expensive in this area.
The Palm Jumeirah has buried and asphyxiated wildlife, increased turbidity, and changed the alongshore sediment transport. It has also created habitat along its rocky breakwater and within its lagoons.
An $82 million Palm Jumeirah villa is now the most expensive home ever sold in Dubai. The villa is still under construction, but it's supposed to have 18 bathrooms and a 15-car garage. The previous record was set in early April by the sale of a $76.2 million villa, also in Palm Jumeirah.
Mukesh Ambani bought the Palm Jumeirah mansion last week for about $163 million from the family of Kuwaiti tycoon Mohammed Alshaya, said the people, asking not to be named as they're not authorized to speak publicly.
Living on Palm Jumeirah is both expensive and prestigious. While there are drawbacks related to transportation accessibility, these are offset by the tranquility, seclusion, luxurious accommodations for villa residents, stunning sea views, and ample shopping and entertainment options for apartment residents.
Most of the “fronds” on Palm Jumeirah are for private residences – the main public areas are the “trunk”, which houses parks, malls, shops, hotels and restaurants, and the outer crescent, which features luxury resorts and hotels.
Built from reclaimed land in a series of artificial archipelagos, Palm Jumeirah is shaped like a palm tree when viewed from above. The unique island is home to some of Dubai's top luxury resorts, including Atlantis, The Palm, FIVE Palm Jumeirah Hotel, Jumeirah Zabeel Saray, One&Only The Palm and many more.