What is the average cost of housing in Palm Jumeirah?

"The average cost of housing in Palm Jumeirah, United Arab Emirates, can vary greatly depending on the type and size of the property. For instance, a luxury villa can cost several million dollars, while an apartment can be much less expensive. However, on average, potential homeowners might expect to pay around a few million dollars for a property in this prestigious location. It's important to note that prices can fluctuate based on market conditions and other factors," mentioned another expat when asked about moving to Palm Jumeirah, the UAE.