One Palm
About the project
One At Palm Jumeirah is a 25-storey residential complex with apartments and penthouses located in Palm Jumeirah. The developer is Omniyat Properties. Soma Architects were responsible for the architectural design of the building. The interior design of all residences was done by the famous Japanese company Super Potato and the British design company Elicyon.
Inside the complex are the following facilities:
- private parking;
- gardens and terraces;
- a fitness center with areas for yoga and pilates;
- a spa;
- an 800 sq. m. pool;
- a play area and children’s pool;
- a sauna and steam room;
- a barbecue area;
- a beach club.
The project includes apartments with 3 to 5 bedrooms. In total there are 94 units in the complex.
A distinctive feature of One apartments are the spacious terraces of up to 2,027 sq. ft., balconies with glass railings and panoramic windows overlooking the skyline of modern Dubai. The price of the property starts from AED 16,233,000 (USD 4,420,000)
*The price is valid for 2020
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Location
The complex One is located on the man-made island of Palm Jumeirah, surrounded by cafes, restaurants and a variety of resort activities.
The nearest major shopping centers Mall of the Emirates and Ibn Battuta Mall are about 15 minutes away.
The popular Burj Al Arab Hotel is also within a 15-minute drive. The nearest airport, Dubai International Airport is a 27-minute drive away, while Al Maktoum International Airport is a 37-minute drive away.
There are many schools close to the apartment building, for example Al Mawakeb School – Al Barsha, Al Arqm Private School, the American School Of Dubai, Arcadia High School and others. The nearest kindergarten – Blossom Palm Jumeirah Nursery – is a 10 minute walk.
Payback
The main advantage of the apartments One At Palm Jumeirah is their location. The complex is located on one of the largest man-made islands in Dubai. With access to the sandy beach and proximity to attractions such as the Burj Al Arab, Mall of the Emirates and the Dubai Marina district, this property can be used as an investment asset.
The average yield on properties in the Palm Jumeirah area is 5.44%. For 3-bedroom apartments the figure will be 3.4%, the ROI of 4 and 5-bedroom properties holds at 4% per annum.
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Metropolitan Premium Properties
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[email protected]
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+971 54 321 9259
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Office 1913, Al Manara Tower,
Business Bay, Dubai, UAE
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