Atlantis on the Palm: A Resort to Anchor an Island

On the outer crescent of Palm Jumeirah, a vast resort is taking shape: Atlantis, with its distinctive arch, waterpark and aquarium. It is designed to be one of the island's main attractions and a destination for visitors from around the world. For property owners on the Palm, it could play an important role in establishing the island's identity.

Why destination resorts matter

A major resort brings visitors, restaurants, entertainment and jobs. It gives the island a reason for people to visit and makes it better known internationally. For residents, it adds amenities that would be difficult to provide otherwise.

Effects on property

• Visibility: a world-famous resort raises the profile of the whole island.
• Amenities: restaurants, entertainment and leisure close to home.
• Holiday rentals: greater visitor numbers can support short-term rental demand.

Potential drawbacks

A major resort also brings traffic and crowds, especially at peak times. Owners close to the resort should consider how visitor numbers might affect access and privacy. Infrastructure, including the island's connections to the mainland, will need to handle increased traffic.

The importance of the crescent

The crescent is designed for hotels and resorts, giving the island a strong hospitality offering. Together with the residential fronds and trunk, it is intended to create a complete destination where people live, stay and visit.

Timeline

Atlantis is scheduled to open in the coming years. Until then, its benefits remain in the future, and owners on the island will see it under construction. Its eventual opening could be a turning point for the Palm's reputation.

Our view

Atlantis has the potential to put Palm Jumeirah firmly on the global map and to support both lifestyle and rental demand for owners. Buyers should weigh its benefits against the traffic and activity it will bring, depending on where their property is located.