Jumeirah Park Q2 2024 Market Report

Jumeirah Park is a prestigious community known for its spacious family villas and lush landscapes. The area saw a spike in sales price per square foot compared to last year, driven by reduced supply and showcasing buyers’ willingness to pay a premium. 

3 bedroom properties reflected high sales prices this quarter due to multiple custom villas and plot sales, slightly skewing the average cost of this property type. Also different from the typical trend, there were more new rental contracts than renewals this quarter, indicating new tenant interest.