Question 1

What is Palm Springs by Nakheel?

Accepted Answer

Palm Springs, also searched as Palm Spring, is the masterplan Nakheel announced on 10 November 2026 beside Palm Jebel Ali. Nakheel described 3.8 million square metres, villas, townhouses and apartments, and LEED for Communities Platinum Precertification. Sales desks quote a 3-bedroom townhouse from AED 3.8 million. That price is not in the announcement. We confirm it with Nakheel before a reservation.

Question 2

What is the best real estate in Dubai?

Accepted Answer

Match the brief, then the community. Jumeirah Village Circle for a mid-market apartment and a deeper resale book. Dubai Creek Harbour for an Emaar waterfront. Palm Jebel Ali for a Nakheel villa. Business Bay for a tower near Downtown. Perfect Legacy’s Dubai desk is Office No. C-1801, Ontario Tower, Business Bay.

Question 3

What are the best projects in Dubai?

Accepted Answer

Emaar at Dubai Creek Harbour: Savanna, Cedar, Palace Residences Creek Blue and Valo. In Business Bay, Ellington’s The Quayside and DAMAC’s Canal Heights. In Jumeirah Village Circle, Binghatti Grove is one of the published mid-market towers. The price on each page is the one the developer published.

Question 4

How is the Dubai property market in 2026?

Accepted Answer

The third quarter of 2026 was quieter than the record quarters of 2025. Compilers of Dubai Land Department data do not print the same total. Cavendish Maxwell, on 6 October 2026, counted about 34,000 residential transactions worth more than AED 72.6 billion. Projectory counted 34,002 home sales worth AED 67.42 billion. Prop971, using only apartments, villas and townhouses, counted 32,385 sales worth AED 56.0 billion. Sales were down roughly 35% to 38% on the third quarter of 2025, depending on the cut.

Question 5

Is Dubai off-plan or ready property selling more?

Accepted Answer

Off-plan is still most of the market. Projectory’s Land Department cut for the third quarter of 2026 counted 24,624 off-plan home sales and 9,378 ready sales. Ready sales rose 25.4% on the previous quarter. Cavendish Maxwell put off-plan at 72% of residential purchases. Off-plan payments in Dubai go into a project escrow account under Law No. 8 of 2007.

Question 6

What is the rental yield in Dubai?

Accepted Answer

Bayut’s first-half 2026 sales report, cited by Baytify on 23 October 2026, put advertised gross apartment returns at 9.06% in Discovery Gardens, 8.79% in International City, 7.15% in Jumeirah Village Circle, 6.29% in Business Bay, 5.88% in Dubai Marina, 5.46% in Downtown and 4.48% on Palm Jumeirah. Registered yields are lower. dxbdata.io, from Land Department sales and Ejari contracts between June and October 2026, put flats at 5.8% in Dubai Hills Estate, 5.1% in Downtown and Business Bay, 4.7% in Dubai Marina and 4.0% on Palm Jumeirah.

Question 7

How many Dubai homes sold for more than $10 million?

Accepted Answer

Knight Frank counted 86 residential sales at $10 million or more in the third quarter of 2026, including 13 above $25 million, worth Dh 5.77 billion. Khaleej Times reported the note on 21 October 2026. Palm Jumeirah had 27 of those sales. Across the first nine months, Knight Frank counted 412 such deals, up from 357 a year earlier.

Question 8

What is the Dubai Land Department transfer fee?

Accepted Answer

The Dubai Land Department transfer fee is 4% of the registered price. Buyers customarily pay it, on ready homes and on off-plan once the sale is registered. Budget the trustee office fee on top.

Question 9

Can foreigners buy property in Dubai?

Accepted Answer

Yes, in designated freehold areas, a rule in place since 2002. Most of the communities on this site, including Jumeirah Village Circle, Business Bay, Dubai Creek Harbour and Palm Jebel Ali, are freehold for all nationalities.

Best real estate in Dubai.

Best projects in Dubai

Questions buyers ask about Dubai