Raffles The Palm, Palm Jumeirah
A hotel room in Raffles The Palm sold for about AED 4,248 per sq ft in 2018
Median of 14 hotel room sales in 2018, median price AED 3,483,634. Source: Dubai Land Department register, to 12 Feb 2026. 3 market sales in the 12 months to 23 Oct 2026; 10 sales on record since 2022. That is too few for a home price.
- The market says
- 99 registered sales since 2015 at AED 4,248 per sq ft (2018); 1 home for sale now.
“There are too few recent sales in Raffles The Palm for me to quote a return. I would price it from the last sale of the same layout, and I would not pay more for a promise.”
James is the human, licensed broker. Dalia, in the yellow bar, is the AI analyst.
- Signed rent, 2-bed
- AED 210,000 a year (community median, 857 signed Ejari leases, 12 months)
- Official record
- 99 registered sales since 2015: 94 hotel room, 5 apartment
Street view of Raffles The Palm
The street outside, live from Google, about 55 m from the building. Drag to look around.
Imagery: Google Street View · Open in Google Maps
Raffles The Palm on the map
Three views of the same place, from the same direction. The other towers we cover are on all three: click one to open its page.
The map loads when you reach it.
3D: AI picture models of our towers (height and position from the map, detail approximate) and blocks from OpenStreetMap heights.
Resale and off-plan prices by bedroom
Resale = a completed home sold on. Off-plan = a home sold before the tower is complete, by the developer or by an earlier buyer (a Land Department "delayed sell"). The two are different markets, so we never mix them in one price. Sold = median price of sales in the 12 months to 23 Oct 2026. Asking and rent = live listings on 7 Oct 2026. Counts are in brackets. A median needs 5 sales or 3 listings.
| Type | Resale: sold | Median asking | Rent a year |
|---|---|---|---|
| 1-bed | – (0) | – (1) | – (0) |
| 2-bed | under 5 (3) | – (0) | – (0) |
| 5-bed | – (0) | – (0) | – (1) |
Rents in this table are asking rents (adverts). The yield in the headline is the signed Ejari rent divided by the median resale price, before service charge. 4 sales are hotel apartments and are marked in the list below.
Sales we leave out of every median, count and chart (2 of 10 here): bulk transfers, meaning 5 or more completed homes sold within two days at prices per sq ft within 25% of each other (0); a sale at exactly the same price as that unit's sale before (0); a size more than 1.6 times the usual size for the recorded type, or a "studio" above 750 sq ft (2). They stay in the list below with a label.
Too few resale sales to state a yearly change
3 resale sales in the last 12 months and 2 in the 12 months before. Each period needs at least 5.
Bars: median AED per sq ft by quarter. Blue line and blue numbers under the bars: number of sales in the quarter. Last 16 quarters at most. Grey bars have fewer than 3 sales.
Every sale since 2022: 10 sales of 10 units
Newest first. Each sale is marked Resale or Off-plan. The last column shows the change from the same unit's sale before.
| Unit | Type | Sq ft | Price | AED per sq ft | Date | Market | Against the sale before |
|---|---|---|---|---|---|---|---|
| R19 | 2-bed | 2,109 | AED 15,300,000 | 7,254 | 20 Oct 2026 | Resale | |
| R22 | 2-bed | 2,387 | AED 16,507,500 | 6,917 | 6 May 2026 | Resale | |
| R23 | 2-bed | 2,387 | AED 16,425,000 | 6,882 | 15 Apr 2026 | Resale | |
| V06 | 4-bed | 7,484 | AED 49,864,000 | 6,663 | 1 Jul 2025 | Resale | |
| 245 | Studio · hotel apartment | 767 | AED 3,000,000 | 3,912 | 26 May 2025 | Resale | size does not fit the recorded type |
| 122 | Studio · hotel apartment | 664 | AED 2,400,000 | 3,615 | 23 May 2025 | Resale | |
| V10 | 4-bed | 11,810 | AED 82,000,000 | 6,943 | 31 Mar 2023 | Resale | |
| 226 | Studio · hotel apartment | 662 | AED 3,327,110 | 5,028 | 23 Feb 2023 | Resale | |
| 178 | Studio · hotel apartment | 916 | AED 4,100,000 | 4,474 | 7 Feb 2023 | Resale | size does not fit the recorded type |
| V02 | 5-bed | 7,110 | AED 33,000,000 | 4,641 | 24 Jun 2022 | Resale |
The official record: 99 registered sales since 2015
Dubai Land Department register for "Raffles The Palm Dubai", 20 Jul 2015 to 12 Feb 2026: 94 hotel room, 5 apartment sales, plus 19 gifts. This source has every year and every unit type, but no unit numbers.
| Year | Hotel rooms: sales | AED per sq ft | Apartments: sales | AED per sq ft |
|---|---|---|---|---|
| 2025 | 2 | – | 4 | 7,979 |
| 2024 | – | – | 1 | – |
| 2023 | 2 | – | – | – |
| 2019 | 3 | 4,248 | – | – |
| 2018 | 14 | 4,248 | – | – |
| 2017 | 22 | 4,249 | – | – |
| 2016 | 40 | 4,050 | – | – |
| 2015 | 11 | 4,016 | – | – |
Median AED per sq ft is shown for 3 or more sales in a year. 90 of these sales were off-plan and 9 were of completed units. What our unit list above does not have: sales before 2020; mortgages and gifts. For homes from 2020 to 12 Feb 2026 the register has 9 sales and our unit list has 7.
Sales, price cuts, new adverts, rents and news, on WhatsApp. You choose what and how often.
Which side faces what
The direction of each landmark from Raffles The Palm, and the towers within 150 m that can stand in the way. What a home really sees depends on its floor and its side of the building. We do not have the unit positions for this tower yet, so we cannot tell you the view of one unit.
| Side | What lies that way |
|---|---|
| North-east | Burj Al Arab and the sea 8.3 km · Jumeirah beach and the sea 16.7 km · Sheikh Zayed Road 17.9 km · Burj Khalifa 19.2 km · DIFC 20.5 km · Dubai Design District 20.8 km |
| East | Mansion 4, a tower 114 m away · Meydan racecourse 19.8 km · Dubai Creek and Ras Al Khor 24.3 km |
| South-east | Dubai Marina skyline 4.5 km |
| West | Mansion 2, a tower 13 m away |
The building: 0 of 0 questions answered
Each answer names its source. Questions with no answer are listed as "checked, not found" so you know we looked.
Where sources disagree
No conflict found between sources.
Around Raffles The Palm
Price against the nearest towers
| Tower | Distance | AED per sq ft, 12 months (sales) |
|---|---|---|
| Raffles The Palm (this tower) | – | – (3) |
| Mansion 1 | 174 m | – (3) |
| Kempinski Palm Residence | 264 m | 2,287 (10) |
| Avita | 556 m | 6,106 (128) |
Drive times with no traffic
| To | Time | Distance |
|---|---|---|
| Dubai Mall | 28 min | 26.4 km |
| DIFC Gate | 28 min | 27.2 km |
| DXB Terminal 3 | 54 min | 44.4 km |
| Dubai Marina Mall | 19 min | 12.0 km |
| Mall of the Emirates | 19 min | 13.4 km |
| Kite Beach | 24 min | 16.8 km |
| DWC airport | 49 min | 44.5 km |
OSRM routing on OpenStreetMap roads. Real times in traffic are longer.
Own a unit here?
Ask for a report on your unit: its sales history, the same type's sales in the last 12 months and the homes for sale against it. A licensed partner agent, named on the report with the registration number, sends it. BUY DUBAI is not a broker and takes no part in the sale.
Method, sources and what we did not find
- Sales: unit-level Dubai Land Department sale records, 24 Jun 2022 to 23 Oct 2026, checked by year against Dubai Land Department open data. Our unit list does not hold every sale, so some sales are missing.
- Listings: one snapshot, 7 Oct 2026. Asking prices and asking rents.
- Residents and building facts: Google Maps reviews and guide pages (Building guide from live adverts (facts and resident opinions; rewrite in your own words; cite as "live adverts")., live adverts: community guide), read by an AI model on 27 Oct 2026 with a fixed question list. A script checks that each answer names its source.
- Nobody visited the tower. Every fact is from a document, a map or a resident's review.
- Checked, not found for this tower: a Google Maps place, resident reviews, guides, a floor plan document, unit positions on a floor, the side and view of each unit, building facts, the developer, a licensed photo.
Corrections
Found an error? Tell us what is wrong and how you know. We check it, correct the page and list the change here.
Change log: 27 Oct 2026 first build of this page. No correction yet.
Other towers in The Crescent
Raffles The Palm is in The Crescent, Palm Jumeirah. Sold prices and sales for the other towers with a page:
- Armani Beach Residences prices and sales
- Atlantis The Royal Residences prices and sales
- Azizi Mina prices and sales
- Balqis Residence Block A prices and sales
- Balqis Residence Block B prices and sales
- Balqis Residence Block C prices and sales
- Balqis Residences Villas prices and sales
- Balqis Residences-Garden Villas prices and sales
- Dream Palm Residence prices and sales
- Ellington Beach House prices and sales
- Eome Residences prices and sales
- Kempinski Palm Residence prices and sales
- Kingdom of Sheba prices and sales
- Luce prices and sales
- Mansion 1 prices and sales
- Maurya prices and sales
- Mughal prices and sales
- Muraba Residence prices and sales
- Ocean House prices and sales
- One Crescent prices and sales
- Orla Infinity prices and sales
- Orla by Omniyat prices and sales
- Royal Amwaj Residences North prices and sales
- Royal Amwaj Residences South prices and sales
- Royal Bay by Azizi prices and sales
- Royal Residences Jumeirah Zabeel Saray prices and sales
- SLS Residences the Palm prices and sales
- Serenia Residences East prices and sales
- Serenia Residences North prices and sales
- Serenia Residences West prices and sales
- Six Senses Residences prices and sales
- Taj Grandeur Residences prices and sales
- The 8 prices and sales
- The Alba Residences prices and sales
- The Alba Resort Residences prices and sales
- Vitalia prices and sales
- XXII Carat Villas prices and sales