Spacious Studio | Balcony | Pool View | Apartment in Palm Jumeirah
AED 125,000/year

AED 248 per sqft

Permit Pending Verification

Spacious Studio | Balcony | Pool View | Apartment in Palm Jumeirah

Palm Jumeirah, Dubai
Listed 95 days ago
1
Beds
1
Baths
504
Sqft
apartment
Type

About This Property

Premium 0 bedroom apartment available in Nakheel Mall Residences, Palm Jumeirah. This 504 sqft property offers excellent value at AED 2,945,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeRent
OwnershipFreehold
Views20
Referenceeeeac3b6-8a64-436c-b9f0-9c8f7faef63c

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

Price Transparency

Estimate
This listing
AED 248/sqft
Area benchmark unavailable
Annual rentAED 125,000
Security deposit (est. 5%)AED 6,250
Ejari registrationAED 220
Agency commission (5% one-off)AED 6,250
Est. first-year cash outlayAED 137,720

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.

Rental Market Comparison

Premium Rent

Premium Rent - 112% Above Market

Significantly above the Palm Jumeirah average. May include premium amenities or location advantages.

Area Avg Rent
AED 117
per sqft/year
This Property
AED 248
112% above avg
Area Yield
6.5%
rental return
Monthly
AED 10K
per month

Investor Insight

Est. Property Value

AED 907K

Implied Yield

13.78%

Based on area sales PSF of AED 1,800

Rental estimates derived from PropertyIndex.ae yield data • 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

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).

Rental Cost Analysis

Monthly Rent

AED 10,417

Annual: AED 125,000

AED 248/sqft per year

AED 125,000 per year

Estimated Move-in Costs

Security Deposit(5% of annual rent)
AED 6,250
Agency Commission(5% of annual rent)
AED 6,250
DEWA Deposit(Refundable)
AED 2,000
Ejari Registration(One-time fee)
AED 220
Total Move-in CostAED 14,720

Recent Apartment Rental Transactions

Similar apartments rented in Palm Jumeirah

AED 225K

Avg. Annual Rent

AED 440.46

Avg. /sqft (yr)

5

Rentals

AED 287K130.0% higher
16 Mar 2026 1 Bed 504 sqftAED 570/sqft
Rental Agreement
AED 136K8.4% higher
14 Feb 2026 1 Bed 574 sqftAED 236/sqft
Rental Agreement
AED 229K83.4% higher
16 Dec 2025 1 Bed 504 sqftAED 455/sqft
Rental Agreement
AED 229K83.5% higher
16 Nov 2025 1 Bed 504 sqftAED 455/sqft
Rental Agreement
AED 245K95.9% higher
17 Oct 2025 1 Bed 504 sqftAED 486/sqft
Rental Agreement

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

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