Luxurious 3 BHK I I
Palm Jumeirah· Verified Network· Ref RS-L-11320944
Listing data verified in the last few hours
A well‑located off‑plan 3‑bedroom Palm Jumeirah apartment offering a solid 5.4% gross yield but priced slightly above market.
AI Investor Narrative
Why this listing scores the way it does
The property sits in Palm Jumeirah, scoring 97 on our internal location index, which underlines strong demand and limited supply. At 2,105 sqft and AED 9.1 m, the price per sqft (AED 4,323) is modestly above the market benchmark, reflected in the internal price‑vs‑market metric of +6%. The developer, DRE Homes Real Estate, is not among the most established brands, introducing a moderate credit risk. The unit is off‑plan, which typically carries construction‑delay risk, yet the 76‑day market exposure suggests the seller may be open to negotiation. Yield calculations are based on the internal gross estimate of 5.4%. After accounting for service charges, vacancy and management fees (typically 1.0–2.0 pp), the net yield is likely in the 3.4–4.4% range, which remains attractive for a premium Palm Jumeirah address. The overall internal score of 63 and risk index of 31 place the asset in a moderate‑risk, moderate‑reward category. Investors should weigh the upside of location and yield against the modest price premium and developer risk.
Deal signals
- high yield70/100
internal_estimated_yield 5.4% gross
- off plan discount30/100
status Off-Plan and days_on_market 76 indicate potential for price negotiation
Risk flags
- liquiditymedium
Off‑plan unit with 76 days on market may be harder to resell quickly
- developer creditmedium
DRE Homes Real Estate lacks a strong track record in large‑scale projects
- construction delaylow
Typical risk for off‑plan developments
Comparables
Negotiation playbook
Verify the transaction details against the Dubai Land Department register before committing. Use the price‑per‑sqft figure of AED 4,323 and the internal +6% market premium as leverage to request a discount, especially given the 76‑day listing period. Emphasise the off‑plan status and potential construction risk to justify a price reduction toward the district median.
Verdict
Yield forecast
3-year appreciation
Market pulse · Palm Jumeirah
Sentiment +0 · stable
With no recent transaction data, the market signal is weak. Historically, Palm Jumeirah attracts affluent buyers, suggesting demand may stay steady, but the lack of fresh listings introduces uncertainty to the outlook.
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SELECTED PROPERTY
Luxurious 3 BHK I I
Intel Score: 63/100
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