Dream Palm Residence

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    Dream Palm Residence is a multifunctional building located on the eastern crescent of Palm Jumeirah. The complex offers a wide range of property units, namely apartments with 2 or 3 bedrooms, penthouses with 4 or 5 bedrooms, as well as 5 townhouses with all the amenities of the Rixos hotel.

    About Dream Palm Residence

    The luxury residential complex Dream Palm Residence by Al Fattah Properties offers real estate without the right of ownership. The сomplex is part of the Rixos Resort and was completed in the middle of 2012.

    Dream Palm Residence consists of 53 apartments with 2 or 3 bedrooms, 5 townhouses, and 8 penthouses with 4 or 5 bedrooms. Each unit is equipped with high-quality plumbing, Miele kitchen appliances, and wooden floors. Moreover, there are marble bathrooms, built-in wardrobes, spacious balconies and terraces, and a smart home system. The layout includes a maid’s room and a storage room. Floor-to-ceiling panoramic windows offer views of the city skyline, the Persian Gulf, the 7-star Burj Al Arab Hotel, Atlantis The Palm Hotel, and Palm Jumeirah Island.

    Residents will enjoy all the amenities of the 5-star Rixos Resort. Besides, they will have unlimited access to a beach club, a world-class gym, spas, restaurants, and bars.

    To the attention of investors, Dream Palm Residence offers fully furnished apartments, townhouses with large private pools, and penthouses with private jacuzzi and barbecue zone.

     

    Key features:

    spacious rooms with finishing

    24-hour security

    concierge and maid service

    secure parking on the ground floor

    swimming pool and direct access to the beach

    retail outlets along the beachfront

    Project prices

    The price for the apartments starts from AED 3,500,000 (or USD 933,000). The developer offers real estate with a total area of 2,216.9 sq. ft. to 3,569.9 sq. ft.

    The development is completed. 

    Location and accessibility

    Dream Palm Residence is located on the top of the Palm Jumeirah crescent. Crescent Rd is situated nearby, it allows to reach the city's main highways, Sheikh Zayed Rd and Al Sufouh 2, in 15-20 minutes.

    Transport accessibility:

    • Dubai International Airport is a 40-minute drive away;
    • Al Maktoum International Airport is almost 1 hour away by car;
    • The monorail station is a 15-minute drive away;
    • Palm Jumeirah Metro Station is 20 minutes away by car;
    • The RTA water taxi stop is within walking distance from the complex.

    Shopping centres:

    • The Pointe is a 15-minute drive away;
    • Nakheel Mall and Dubai Marina Mall are 25 minutes away by car;
    • Mall of the Emirates, Al Barsha Mall, Ibn Battuta Mall are a half-hour drive away.

    Nearest educational facilities:

    • Dubai College and Regent International Private School are 25 minutes away by car;
    • Emirates International School and Dubai American School are both a 30-minute drive away.
    • Cambridge international school is 40 minutes away by car.

    Proximity to attractions:

    • Within a 5-10-minute walk, there are the Mermaid Diving Center and the Bairro Historico Museum;
    • Dolphinarium, aquarium in The Lost Chambers, Imperial Beach Club, Al Ittihad Park are a 15-minute drive away;
    • Within 25-30 minutes by car, residents can reach the first-class attractions of Dubai Marina, Marina Walk, New Dubai, JBR, Bluewaters Island, Downtown Dubai, Dubai Internet City, Al Barsha;
    • 40 minutes drive from the complex, there are Logo Islands, Jumeirah Golf Estates Club House, Garden of Wonders.

    Returns on investment

    One of the advantages of investing in Dream Palm Residence is that it is part of the 5-star Rixos Resort. On the other hand, the road to the complex takes much time. This is caused by its location on the top of Palm Jumeirah crescent, in its eastern part.

    Palm Jumeirah is ranked 5th in the top 10 Dubai areas for buying property. The annual rent for apartments here ranges from AED 65,000 to AED 450,000. The most profitable property units are apartments with 2 or 3 bedrooms. On average, they produce an income of 5% to 6.1%.

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