Deluxe Apartment in Dream Palm Residence Palm Jumeirah

Dream Palm Residence, Palm Jumeirah

Summary

  • Price:

    AED 5,204,584
  • Property Type:

    Apartment
  • Reference No.:

    CRL-S-4219
  • Size:

    5,041 sqft.
  • Bedrooms:

    4
  • Bathrooms:

    5

Description

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:

  • 6 Months Payment Plan (after 50% payment you can get the handover of the keys)
  • ZERO agency commission

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

Income

Long Term Lease - 310,000AED per year
Short Term Lease - AED38,000-AED42,000 per month

Major features of the project

  • 52 two-bedroom apartments, 44 three bedroom apartments, Penthouses and Townhouses
  • Fully Furnished units available
  • High finishings, Meile Kitchen appliances, solid wood flooring, marble bathrooms, automatic lighting, chandeliers
  • Townhouses with own large swimming pools
  • Penthouses with private Jacuzzis and BBQ area
  • Large balconies and Terraces for each property
  • Awe-inspiring sights of the Lagoon, the Gulf and the Burj Al Arab for awe-inspiring sights.
  • An expanse of space to live in and dream in.
  • Access to a clubhouse, spa, gym, pool and Jacuzzi offering unlimited access to the joy of living.
  • Life is meant to be lived in a dream like this.
  • Indescribable views
  • A breathtaking life that is ready and waiting just for you.
  • With amenities and services in abundance, this is the space you have always dreamt of
  • With a clubhouse, gym, spa, pool and Jacuzzi, this is the life you have always deserved.
  • 5 four-bedroom penthouses. 3 five-bedroom penthouses.
  • Exquisite landscapes and a view straight out of a dream one that you can experience from 7-storeys high.
  • Luxuriate in the spa, relax in the pool and Jacuzzi

PROPERTY FEATURES:
-Balcony
-Broadband ready
-Gymnasium
-Maid's room
-Shared swimming pool
-View of sea/water
-Children's play area
-Public transport
-Restaurants
-Shops

Map

CRE 12

Contact Agent

Call +971 4 2780975 or send an email:

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