Property prices on the Palm have gone up with the opening of the Atlantis, the Royal

The opening of the Atlantis, the Royal, have resulted in rise of property prices on the Palm with some investors gaining over 100 per cent of their unit's original purchase price, according to industry experts.

Atlantis, The Royal was inaugurated last month in a spectacular ceremony that grabbed eyeballs all across the world. Singer Beyoncé took to the stage along with her 11-year-old daughter Blu Ivy, in her first performance since 2018. The property features hotel rooms as well as residences. 

Last year, the Palm saw renewed interest from investors all around the world.

There has also been a steady increase in interest in property inside the Atlantis, the Royal itself, which has 231 units.

A luxury four-bedroom apartment in the newly opened Atlantis, The Royal Residence has been listed at an eye-popping Dh60 million, on search website Property Finder.

The waterfront apartment with a 90m sky-high infinity pool and floor-to-ceiling 

Other properties on sale in the ultra-luxurious hotel include two- and three-bedroom properties that range from Dh25 million to Dh38 million.

With more people from around the world investing in Dubai, property experts say that prices in the city will rise through the year.