About the project

Palme Couture is a residential complex from the developer Innovate Living, located on one of the largest man-made islands of the planet Palm Jumeirah. The object is located on the coast of the Arabian Sea. Within it there are five-star hotels, including Atlantis and the Waldorf Astoria. According to recent statistics, this is one of the eight best areas in Dubai (ideal for investment and home buying).

The building houses 14 residences including apartments each with from 1 to 4 bedrooms, townhouses, duplexes and a presidential penthouse. The latter consists of four bedrooms, a separate guest house and a rooftop pool. Each dwelling includes bathrooms and equipped kitchens, a walk-in closet, living room and spacious balcony.

Amenities and services provided at Palme Couture:

high-speed elevators;
designated parking spaces;
a spa and massage center;
a sauna;
an outdoor pool;
a fitness center;
a cigar room and Japanese garden;
concierge services;
24-hour security;
a “smart” home assistant.

Residential square footage in the complex ranges from 4,753 to 17,000 sq. ft (441-1579 sq. m). Property values start at AED 3,600,000 (USD 980,000).

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Location

Palme Couture is adjacent to the Palm Jumeirah trunk, which guarantees proximity to transportation on and off the island. There are several bus and streetcar stops as well as Metro stations within walking distance of the building. Residents and guests of the area can also use the monorail for trips.

Transport links are close to the residential complex:

The nearest bus stations are Royal Mirage Hotel and Infotech, Dubai Internet City 2 (a 7 and 8 minute walk).
There are several red metro line stops nearby. The closest are Mashreq Landside 1 and Nakheel.
The streetcars near Palme Couture are Palm Jumeirah, Al Sufouh, Knowledge Village.

The AllDay Fresh supermarket is 10 minutes from the building where you can buy basic necessities. Grocery stores are nearby.

Restaurants near Palme Couture include Senor Pico, Boheme Beach Dubai, and Koko Bay.

Places to enjoy include the popular Palm West Beach, Aquaventure Waterpark and Pointe Palm Jumeirah with all sorts of activities on offer.

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Payback

Palm Couture is close to all the public amenities you could need including restaurants, transportation and shopping centers.

Apartments are a good investment option despite the high real estate prices. The residences at Palm Couture are fully furnished and serviced, which affects rents. The project has an average return on investment of 4.04%.