Sunday, 14 February 2016

Palm Jumeirah Apartment Sales

The beginning of February 2015 has seen a flurry of activity on Palm Jumeirah and this was mainly focused on the apartment sales.

The Shorelines are usually a good barometer for the Palm Sales and this month is no different. The shoreline apartments that back onto the park, aka left hand side shorelines, have seen a number of transfers already this month.

We believe Al Habool has seen a D type contract at AED 2.1m
Al Anbara also at AED 2.1m and Al Khushkar at AED 2.15.

The sea facing Shoreline apartments have also seen an E type sell for AED 2m , and an F type for AED3.55m. Edwards and Towers are advertising a couple of D types on for AED 3.15m which represent good value for money.

Tiara Residence, Palm Jumeirah

Tiara, as usual, is one of our more requested developments but with limited stock we are not seeing many sales.
1 bed Tiara apartments sell for between 2.5m - 3.0m and we have just listed an excellent one in Aquamarine on a high floor. There are rumours of a Diamond selling for 3m last month but as yet we haven't seen it pass through the Lands Department transaction register. 2 Beds are ranging from AED 4.2m but again with little evidence of sales.
The sea facing 3 bed with the magical Burj al Arab views rarely come to market but we are lucky enough to have listed one in Diamond building. For further info on this upgraded apartment check out

Golden Mile, Palm Jumeirah

The Golden Mile has now opened as a retail centre for the Palm and anchor tenant Spinney's is in good company with plenty of food outlets to tempt the Palm Jumeirah residents. As a Palm Jumeirah Specialist I have decided to write a blog next month dedicated to the Golden Mile and I will give a full run down of all the different types of units and their respective prices.

With the real estate market currently going through a minor slow down I am encouraged that sales are happening and sellers looking for a sale I believe can sell quickly if they follow our advice on sensible pricing.

Edwards and Towers have a full team of Palm Jumeirah specialists who are experts in villa and apatments on Palm Island.

No comments:

Post a Comment