Home · Triplex · Turnkey
Palm Jumeirah· Verified Network· Ref RS-L-11490863
Listing data verified in the last few hours
Turnkey 2‑bedroom triplex on Palm Jumeirah priced about 39% below market with a gross yield of ~7% makes it a compelling buy.
AI Investor Narrative
Why this listing scores the way it does
The listing is a ready‑to‑move‑in 2‑bedroom, 4‑bathroom triplex spanning 4,090 sq ft on Palm Jumeirah, priced at AED 10.65 m (≈AED 2,604 per sq ft). Internal analytics flag the unit as roughly 39% under market price, which together with a location score of 97 places it in the top tier of the island’s inventory. The price‑per‑sq ft gap translates to an implied district median of about AED 4,270 per sq ft, underscoring the pricing advantage. The internal estimated gross yield of 7.1% is well above the Dubai residential average, supporting a high‑yield signal. Net yield will be materially lower after accounting for service charges, vacancy and management fees – typically 1–2 percentage points – leaving a realistic net return in the 5–6% range. The overall internal score of 87 and a low risk index (21) reflect strong fundamentals, while the 49‑day market exposure suggests the seller may be motivated without the pressure of a stale listing. Palm Jumeirah continues to benefit from sustained demand for premium waterfront living and limited new supply, reinforcing a growth‑corridor narrative. The developer, haus & haus Real Estate, is not a marquee brand, so due diligence on developer credit and title verification is prudent, but no red flags appear in the supplied data. The combination of price discount, attractive yield, and prime location justifies a strong‑buy recommendation.
Deal signals
- underpriced85/100
internal_priceVsMarket_percent -39 indicates the price is about 39% below the Palm Jumeirah market median
- high yield78/100
internal_estimated_yield 7.1% gross yield for the unit
- growth corridor70/100
internal_locationScore 97 and Palm Jumeirah’s premium status
Risk flags
- liquiditylow
High price and niche triplex may limit the pool of immediate buyers
- developer creditmedium
haus & haus Real Estate is not a widely recognized developer; creditworthiness requires verification
- oversupplylow
Palm Jumeirah has limited new supply, but existing inventory is sizable
Comparables
Negotiation playbook
Lead with conditions, not price. Ask for service-charge clarity, payment-plan flexibility and any developer cash incentives before discussing a discount.
Seller-intent signals
Signal strength: 70/100 · 1 indicator
Verdict
Yield forecast
3-year appreciation
Market pulse · Palm Jumeirah
Sentiment +0 · stable
With no recent listings, the short‑term signal is muted. Over the next year, Palm Jumeirah’s premium positioning and limited new supply suggest a steady demand environment, though price movement is likely to be modest.
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SELECTED PROPERTY
Home · Triplex · Turnkey
Intel Score: 87/100
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