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Kempinski Emerald Palace

Kempinski Emerald Palace

About the project

Kempinski Emerald Palace is a luxury development by the Emerald Palace Group. It is a seven-storey building designed in the style of palace architecture and includes a five-star hotel and a block of luxury residences. It was opened in 2010.

In total there are 244 residential properties in the project: apartments with 2 and 3 bedrooms, penthouses with 3 and 4 bedrooms and villas with 5 bedrooms.

The residences are fully furnished and equipped with all necessary appliances. The interiors are finished in classic style in light neutral shades.

Residents have the following amenities available to them:

  • 24-hour security;
  • concierge service 24/7;
  • parking for cars;
  • a private beach;
  • swimming pools for adults and children;
  • a fitness center;
  • eight meeting rooms for events;
  • a spa center;
  • a beauty salon;
  • a restaurant;
  • landscaped grounds with gardens and walking areas.

Properties range in size from 1,980 square feet. All units include multiple bathrooms with premium plumbing, a separate kitchen, a spacious living room, pantry and balcony. The starting price is AED 2,699,000 (USD 735,000).

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Location

The complex is located on the western “crescent” island of Palm Jumeirah. Despite its remote location, from here you can easily reach all the important destinations and attractions of Dubai.

Dubai International Airport and Al Maktoum International Airport are a 30-40 minute drive away.
Dubai Marina, home to Dubai’s famous Marina Walk with the best restaurants and clubs in Dubai is just a 10-minute drive away. Skydive Dubai and the Emirates Golf Club are also a 10-minute drive from the hotel.

The Dubai Expo 2020 Exhibition Center is a 30-minute drive away.

Business Bay and the Downtown Dubai area with famous attractions (Burj Khalifa, Dubai Mall, and Dubai Opera) are 20 minutes away.

Directly on the island of Palm Jumeirah there are two shopping centers, medical clinics Emirates Hospital Clinic, Al Das Medical Clinic, as well as three kindergartens, Redwood Montessori Nursery, Asya`s Nursery and Blossom Palm Jumeirah Nursery. In addition, there is the world’s largest water park Aquaventure Waterpark and Dolphin Bay.

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Payback

Kempinski Emerald Palace offers investors the opportunity to purchase premium apartments with a first class hotel service. The building is located on the famous man-made island Palm Jumeirah and is surrounded by modern resort infrastructure.

Such real estate will suit fans of the resort lifestyle and marine sports. At the disposal of residents of the complex will be numerous stores, entertainment venues and well-groomed sandy beaches. In addition, due to the location in a popular tourist area, such real estate is well suited for renting.

The profitability of the project is estimated at 5.74%. The average long-term rental price for a three-bedroom apartment is AED 350,000 (USD 95,300).

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