Kempinski Residences Emerald Palace

Palm Jumeirah

Developer: Damac

Branded: Kempinski

Current Price
AED 4,800
per sqft
Rental Yield
5.2%
Total Units
298
Floors
21
Year Completed
2019
Tier
LUXURY

Investment Thesis

Large-scale luxury branded residence with strong rental yields driven by premium brand and hospitality services; proven market liquidity.

Best For

  • Income investors
  • Families
  • International buyers

Tier Classification

Luxury tier with strong brand presence, premium amenities and international appeal.

12-Month Price History

2025-07
AED 4,778
2025-08
AED 4,747
2025-09
AED 4,740
2025-10
AED 4,758
2025-11
AED 4,797
2025-12
AED 4,844
2026-01
AED 4,887
2026-02
AED 4,915
2026-03
AED 4,920
2026-04
AED 4,898
2026-05
AED 4,855
2026-06
AED 4,800

Trend: Upward trend over past 12 months

Unit Mix

Studio
30
1 Bedroom
75
2 Bedroom
120
3 Bedroom
65
Penthouse
8

Recent Transactions

UnitBRArea (sqft)Price (AED)Date
340533,000AED 14,400,0002/5/2026
210521,900AED 9,120,00012/15/2025
120311,200AED 5,760,00011/25/2025

Rental Yield & Annual Rent

Gross Rental Yield
5.2%
1BR Annual Rent
AED 200,000
2BR Annual Rent
AED 320,000
3BR Annual Rent
AED 450,000

Amenities

Beachfront
Infinity pool
Kempinski spa
5-star restaurant
Wine cellar
Concierge
Fitness center
Kids club

Proximity & Access

Metro: Palm Jumeirah
13 min away
Airport: DXB
25 min away
Beach
1 min away
Downtown Dubai
35 min away

Pros

  • Largest inventory (298 units) on Palm
  • Strong 5.2% yields
  • Kempinski brand prestige
  • Good resale liquidity

Cons

  • Less exclusive than smaller towers
  • More transient tenant base
  • Service charges trending up

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