One at Palm Jumeirah

25 storeys and just 94 residences by Omniyat at the base of the Palm, handed over in 2021 — one of the lowest-density buildings on the island, at under four units per floor.

What it is

One at Palm Jumeirah is a residential tower by Omniyat Properties, the developer behind several of Dubai's most expensive addresses, designed by RMJM Dubai. 25 storeys, 94 residences — a density comparable to a boutique building in Manhattan or Hong Kong rather than a typical Dubai investment tower.

Omniyat has since built further into this end of the market elsewhere in the city — Vela and One Za'abeel among them — and One at Palm Jumeirah reads as an earlier, quieter entry in the same low-density, high-specification playbook.

Our own stock currently shows very limited turnover in the building — consistent with what low unit counts almost always produce: thin liquidity.

Price per square foot across Palm Jumeirah

One at Palm Jumeirah does not currently show enough turnover in our own stock to plot on this table directly — itself a data point about the building's liquidity. The table below gives the island context any specific offer here should be checked against.

What low density actually buys

Under four apartments per floor means near-total privacy in the lift lobby and minimal shared wear on common areas — the trade international buyers already understand from boutique towers in Manhattan or Singapore's prime districts.

The other side of that trade is resale depth: with only 94 units ever built, there are rarely several directly comparable listings live at once, and any exit needs to be priced against the building's own sparse sales history rather than a deep, liquid comparable set.

For a buyer prioritising privacy and specification over speed of resale, that trade is a rational one. For a buyer expecting Dubai's usual fast turnover, it is worth knowing before signing, not after.

Record deals

In November 2024 a 692 m² penthouse in the building, with its own pool and terrace, was leased for AED 4 million a year — a UAE record at the time.

In October 2025 an apartment in One at Palm Jumeirah sold for USD 14.8 million, about AED 54 million, ranking among the week's three largest deals in Dubai Land Department data. For a 94-residence building that matters: the large units here actually trade rather than just sit on the market.

Factsheet: 25 storeys, 94 residences, developer Omniyat Properties, architect RMJM Dubai, handed over 2021. Record penthouse lease — market news, November 2024; USD 14.8 million sale — Dubai Land Department data for 13–17 October 2025.