Large 1BR | Balcony | Near Metro | Apartment in Palm Jumeirah
AED 4,503,000

AED 4,042 per sqft

Permit Pending Verification

Large 1BR | Balcony | Near Metro | Apartment in Palm Jumeirah

Palm Jumeirah, Dubai
Listed 136 days ago
1
Beds
1
Baths
1,114
Sqft
apartment
Type

About This Property

Premium 1 bedroom apartment available in Fairmont Palm Residences, Palm Jumeirah. This 1114 sqft property offers excellent value at AED 4,503,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views181
Reference2dd26b10-e030-40ab-afc5-bac362177a3b

Area & Neighborhood Guide

9.2/10
Investment Score
4.8%
Avg. Yield
+25.6%
1Y Growth
Ultra Premium
Market
Schools
1
Healthcare
1
Transport
0
Retail
1
Green space
0
Waterfront
1

Nearby Amenities & Landmarks

Atlantis The Palm
Nakheel Mall
Palm Monorail
Luxury resorts
GEMS Wellington Academy
American Hospital
Private beaches

Upcoming Developments

Royal Atlantis completion
New luxury villa developments
Enhanced transportation links

Demographics

15K+
Residents
38
Avg. Age
85%
Expats

Deal Scoreâ„¢

AI-powered price analysis vs DLD transactions

5.2/ 10
Fair Price2.3% above market

Listed at AED 4,042/sqft against a 3,952/sqft market average in Palm Jumeirah. Priced 2% above recent transactions — fair but room for negotiation.

Price per sqft comparisonPalm Jumeirah · 1 BR apartment
AskingAED 4,042/sqft
DLD Market AvgAED 3,952/sqft

Price Transparency

Estimate
This listing
AED 4,042/sqft
Area benchmark unavailable
Asking priceAED 4,503,000
DLD transfer fee (4%)AED 180,120
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 8,733
Agency commission (2%)AED 90,060
Est. total transaction costAED 4,786,113

Estimates use standard UAE market rates (DLD 4%, trustee 4,200 AED, mortgage reg 0.25% at 75% LTV, agency 2%). Your firm quote is provided in writing before MoU signing and may differ based on property type, buyer profile, and negotiated terms.

Market Comparison

Price benchmarked against area listings & DLD data

Premium Price

Premium Pricing - 125% Above Market

Significantly above the Palm Jumeirah average of AED 1800/sqft. May have unique features justifying the premium.

Price per sqft comparisonPalm Jumeirah · 1 BR apartment
This PropertyAED 4,042/sqft
Area AverageAED 1,800/sqft

Area Yield

6.5%

L12M Trend

+2%

PropertyIndex.ae • Updated 2026-02-22

Palm Jumeirah Market Intelligence

Full Report
Avg Price/SqftAED 3,599
Active Listings69
Trendup
Price History (per sqft)
AED 3,353
Dec
AED 3,691
Jan
AED 3,470
Feb
AED 4,088
Mar

Average Price per Sqft by Month

Investment ROI Calculator

Based on 5 rental comparables in Palm Jumeirah

Moderate Yield
Gross Yield
3.49%
Moderate Yield
Net Yield
3.12%
After charges
Estimated Rental Income
Monthly
AED 13,098
Annual
AED 157,173
Service Charge: AED 16,710/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average45.7% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 21,038

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 900,600)
5%80%
4.99%
2%8%
Property PriceAED 4,503,000
Loan AmountAED 3,602,400
Total InterestAED 2,709,087
Total Cost (Principal + Interest)AED 6,311,487

Estimated Upfront Costs

Down PaymentAED 900,600
DLD Registration (4%)AED 180,120
Agency Fee (2%)AED 90,060
Total UpfrontAED 1,170,780

Regulatory Compliance — Dubai Land Department (RERA)

Permit Required
DLD Permit No.Pending — agent must add
Listed By—
Agency—
Permit Valid UntilNot provided

Verify this permit: dubailand.gov.ae/trakheesi-service

Alternatively, scan the permit in the official Dubai REST app (iOS & Android).

Recent Apartment Transactions

Similar apartments sold in Palm Jumeirah

AED 3.87M

Avg. Price

AED 4,188.74

Avg. /sqft

5

Transactions

AED 4.69M4.2% higher
15 Apr 2026 1 Bed 1,149 sqftAED 4,085/sqft
Completed Sale
AED 4.42M1.9% lower
16 Mar 2026 1 Bed 900 sqftAED 4,909/sqft
Completed Sale
AED 4.22M6.3% lower
15 Jan 2026 1 Bed 995 sqftAED 4,242/sqft
Completed Sale
AED 3.72M17.3% lower
15 Jan 2026 1 Bed 999 sqftAED 3,726/sqft
Completed Sale
AED 2.31M48.8% lower
16 Dec 2025 1 Bed 579 sqftAED 3,982/sqft
Completed Sale

Transactions shown are for similar apartments in Palm Jumeirah. Prices may vary based on floor, view, and finishing.