The 8

The 8, a luxury project by IFA Hotels & Resorts, is located in Palm Jumeirah. It consists of two eight-storey buildings. One is the five-star Delano Dubai Hotel, and the other is a complex of luxury residences. The project was completed in 2019.

There is a choice of 1, 2, 3, or 4-bedroom apartments, as well as duplexes, townhouses and penthouses. Living quarters are equipped with wide panoramic windows overlooking the ocean and the landscaped grounds of the complex. The interior has been designed in a contemporary style with the use of natural stone and wood.

The size of the apartments is 113-167 square meters square. The size of townhouses is 480 square meters square. Penthouses are 408 square meters square.

The starting price for the purchase of real estate in The 8 is AED 1 700 000 (USD 463 000). All residences are equipped with furniture and accessories from the famous design house Kenzo Maison. Each apartment features spacious balconies. Furthermore, townhouses are equipped with private swimming pools. Also part of the project is the five-star hotel service, which includes round the clock security, a concierge service, dry cleaning services, and maintenance services for the apartments and other services.

The property The 8 offers its guests the opportunity to live in premium apartments with first class hotel services. The complex is located on the popular island of Palm Jumeirah, famous for its resort entertainment. Due to the well-developed infrastructure, the availability of schools, kindergartens and stores, the real estate in The 8 is suitable for families and for connoisseurs of a resort lifestyle.

Apartments in The 8 could also be a good solution for long-term investment. The profitability of the project is estimated at 5.74% per annum. The average long-term rent for a one-bedroom apartment is AED 180,000 (USD 49,000) per year.