Dukes The Palm
✓ Resale Available

Dukes The Palm

From AED 2.50M·Completed May 2017·Developer payment plan available Payment
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AED 2.50M
Starting Price
May 2017
Handover
Developer payment plan available
Payment Plan
1 BR · Hotel apartments
Type

Project Overview

Dukes The Palm is a luxurious condominium and residential development by Seven Tides International, located on the stunning Palm Jumeirah in Dubai. This impressive 14-story building features a modern and elegant exterior design, characterized by clean lines and a contemporary facade that complements the surrounding beachfront landscape. The property offers a selection of stylishly furnished rooms, including stately suites and exquisitely furnished studio and one-bedroom hotel apartments, providing breathtaking views of the Arabian Gulf and the iconic Dubai Marina skyline. The interiors are meticulously crafted with high-quality finishes, creating an atmosphere of sophistication and comfort. Residents of Dukes The Palm can enjoy a wide range of exceptional amenities designed for convenience and relaxation. These include 24-hour security, CCTV, and dedicated car parking, ensuring a secure living environment. The complex boasts both indoor and outdoor swimming pools, a well-equipped gymnasium, and inviting recreational areas. Dukes The Palm is conveniently located just 30 minutes from Dubai International Airport (DXB) and Al Maktoum International Airport (DWC). The complex is conveniently close to popular shopping destinations, including the Mall of the Emirates and Dubai Mall, ensuring residents have access to a wealth of retail and dining options.

Project Specifications
DeveloperSeven Tides International
LocationPalm Jumeirah
Unit Types1 BR, Hotel apartments
AreaPalm Jumeirah
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 107,875 / year
Cash-on-Cash
1.8%
Levered cashflow AED 25,375
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 162,500 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Dukes The Palm launch basis2,778AED 2.50MCurrent launch / asking basis
Palm Jumeirah ready-stock comps3,200AED 2.88MIndicative resale benchmark
Palm Jumeirah premium peer launches3,800AED 3.42MNew-launch peer set
Trophy alternative proxy4,700AED 4.23MHigher-end anchor for negotiation context

Gallery

Dukes The Palm — View 2
Dukes The Palm — View 3
Dukes The Palm — View 4
Dukes The Palm — View 5
Dukes The Palm official render 1

Dukes The Palm official render 1

Dukes The Palm official render 2

Dukes The Palm official render 2

Dukes The Palm official render 3

Dukes The Palm official render 3

Dukes The Palm official render 4

Dukes The Palm official render 4

Dukes The Palm official render 5

Dukes The Palm official render 5

Astraterra Properties

Official Documents

Download official marketing materials from Seven Tides International.

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Payment Structure

Developer payment plan available

Flexible Payment

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Amenities & Lifestyle

Central A/C
Children’s pool
Conference room
Covered Parking
Kids Play Area
Landscaped garden
Leisure areas
Lift
Lobby
Private beach access
Recreational areas
Security and CCTV
Shared Pool
Shared gym & fitness
Social zone
Walking paths

Location

Palm Jumeirah

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Palm JumeirahPalm JumeirahDubai, UAE

Developer Track Record

01

Dukes The Palm by Seven Tides International

02

Located in Palm Jumeirah

03

Starting from AED 2,500,000

04

Unit mix includes 1 BR, Hotel apartments

05

Expected handover: May 2017

06

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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