The average return on investment for a property on Palm Jumeirah can reach 5.84%. The fastest-growing return is typically for studio apartments. Private beachfront access increases the value of a space by square metre, and the average cost of real estate in this area is lower than in the centre of Dubai.The residential real estate market in this area is becoming more lucrative due to the ongoing development of the local tourism industry. The artificial palm-shaped island attracts visitors from all over the world.