1 bedroom, Seven Palm tower
Dubai, Palm Jumeirah, Seven Palm
Beach
2-min walk
66 m²
Property area
2023
Construction year
10 out of 14
Floor
2
Bathroom(s)
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
$616 438 ($9 340/m²)
2 290 000 AED
Nakheel Mall
Rental yield: 5,75%
6-min walk
TOTAL INVESTMENT AMOUNT: $673 091
  • Unit price: $616 438
  • Renovation price: $1 370
  • Furnishings: $4 110
  • Commission: $12 945
  • DLD fee payment: $24 817
  • Transaction registration: $1 151
  • Transaction legal support: $3 014
  • Manager cheque: $9 247

TOTAL RENTAL YIELD PER YEAR: $57 534
  • Rent payments: $4 795 (per month) / $57 534 (per year)

EXPENSES PER YEAR: $18 840
  • Service charge: $5 437
  • Utilities: $1 315
  • Internet: $1 266
  • AC: $1 973
  • AC maintenance: $219
  • Management commission: $8 630

NET RENTAL YIELD PER YEAR: $38 695
or 5,75%
Apartment in a new building on Palm Jumeriah Island

Seven Palm is a new luxury development located in the popular Palm Jumeirah neighborhood by developer Seven Tides Real Estate. Seven Palm will be completed in February 2023. Seven Palm consists of two 14 storey buildings connected by a suspended terrace. The first building houses private residential residences. In the second building is a luxury hotel and hotel residences.  On the roof is a huge terrace with a restaurant and a gorgeous panoramic pool overlooking the sea.

Nakheel Mall is across the road and a walkway along the coast where beaches and restaurants are located is right next to the building.

  • 1 bedroom
  • 2 bathrooms
  • Sea View
  • Area: 66 sqm
  • 10th floor (out of 14)
  • Furnished
  • 1 parking space
  • Vacant

Key tower features:
  • New building
  • Proximity to the beach
  • Infinity pool with a panoramic sea view
  • Modern gym
  • Terrace with a rooftop restaurant
The Palm Jumeirah neighborhood is one of the most recognizable and prestigious districts in Dubai. It’s a palm-shaped artificial island located on the Persian Gulf coast.

Palm Jumeirah was developed as a residential and touristic complex with luxury villas, hotels and resorts. The island also offers a wide range of restaurants, stores and entertainment venues that would suit any taste.

The special feature of this island is its unique architecture. It’s possible to find skyscrapers that offer breathtaking sea & city views. Some of the most luxurious and exclusive properties can be found here in Palm Jumeirah.

It should be noted that Palm Jumeirah is famous for its beaches. The island is surrounded by stunning sandy beaches where visitors could relax, sunbathe and enjoy the water activities such as jet skiing or parasailing.

What’s especially interesting about Palm Jumeirah is that its residents and tourists can get around the island by monorail or street car. It provides convenient and quick access to any place on the island.