Dream Palm Residence, Palm Jumeirah
We are pleased to introduce to you the exclusive developmentDream Palm Residence on the end of the Crescent, The Palm Jumeirah.
Its hard to find words to explain this project, the Developer has created apartments and townhouses with high class finishings, spacious rooms, great floor plans set in a location with outstanding breathtaking views.
The Project is completed and consists of just fewer than 100 Apartments and Townhouses, 20% of which are already sold. The Residences are on the adjoining plot to the Rixos Hotel and the Owners get unlimited access to the hotels pools, facilities and benefit from a 15% discount in all F&B outlets.
We are instructed directly by the Developer to sell on there behalf, therefore we have the pleasure in offering you:
The development offers total privacy and is a oasis of peace with an amazing choice of views over the Marina, Burj Al Arab, Downtown, Dubai Gulf, Atlantis and the World Islands.
The Project is great for Investors and equally for end users, investors can benefit from 5.4% net return should they lease there unit on a yearly basis or 6.8% net return from leasing short term (based on occupancy rate of 10 months a year).
Due to the reasonable pricing you should expect a steady appreciation of price across the next 5 years.
Prices for the Palm Residence in comparison to the rest of the Palm are extremely competitive when considering the square foot, privacy, seclusion and panoramic views.
Palm Residences prices are 15% lower than the Fairmont, 25% less than the Kempinski and only slightly higher than the Tiara and Oceana Apartments.
Example of Investment
Unit 114, 2 Bedroom Apartment plus maids room, with sea and Downtown View, 2,241 sq ft
Total Price AED4, 930,376
Service Charge 18.5AED psf - AED40,338 per year
Long Term Lease - 310,000AED per year
Short Term Lease - AED38,000-AED42,000 per month
Major features of the project
Call +971 4 2780975 or send an email:
3 bedrooms |
| 1,797 sqft.
1 bedroom |
| 771 sqft.
| 1,257 sqft.
1 bedroom |
| 600 sqft.
2 bedrooms |
| 519 sqft.