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Five Palm Jumeirah, Palm Jumeirah

Five Palm Jumeirah, Palm Jumeirah

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Strengths

Luxurious Amenities

Prime Location

Vibrant Nightlife

Weakens

High Price Point

Crowded During Peak Season

Limited Evening Dining Options

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Description

Five Palm Jumeirah, Palm Jumeirah

Real Estate Overview

Building Overview

  • Five Palm Jumeirah is a luxurious beachfront development located on the iconic Palm Jumeirah.
  • The building features modern architecture and offers stunning views of the Arabian Gulf.
  • Nearby attractions include upscale dining options, retail venues, and vibrant nightlife.
  • Access to public transportation and major roadways allows for convenient travel throughout Dubai.

Properties Overview

  • The building offers a mix of premium apartments, including one-, two-, and three-bedroom units.
  • Rental prices typically range from AED 120,000 to AED 350,000 annually, depending on the unit size and floor location.
  • Sales prices for properties can vary, with averages often between AED 2 million and AED 8 million.

Market Trends

  • The real estate market at Five Palm Jumeirah has seen a steady appreciation in property values, with a year-on-year growth of approximately 5%.
  • Rental demand remains high, influenced by the building's prime location and luxurious amenities.
  • Expectations for future market performance include sustained interest from both local and international investors.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to numerous supermarkets, prestigious schools, and healthcare facilities such as hospitals and clinics nearby.
  • The proximity to essential services enhances the overall living experience for families and individuals.

Transportation and Accessibility

  • Excellent public transportation options, including nearby tram and bus stops, ensure connectivity across the city.
  • Ample parking spaces are available for residents and guests, enhancing accessibility.

Lifestyle Amenities

  • Five Palm Jumeirah provides luxurious lifestyle amenities, including multiple swimming pools, a state-of-the-art fitness center, and landscaped gardens.
  • On-site dining includes award-winning restaurants and poolside bars, meeting diverse culinary tastes.

Builing Facilities

  • Features modern elevators, round-the-clock security, centralized air conditioning, and dedicated maintenance services ensuring a comfortable living environment.

Special Services

  • Special amenities include a concierge service, guest services, business centers, and unique offerings tailored to residents, such as spa access and event spaces.

Planning Your Move or Investment

Floor Plans and Property Types

  • The building offers versatile floor plans to cater to a range of lifestyles, from cozy one-bedroom apartments to expansive three-bedroom residences.

Things to Consider

  • Potential tenants and buyers should evaluate factors like unit size, view, proximity to amenities, and overall building policies before making a decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • Residents benefit from organized events, fostering a strong community spirit through social gatherings and recreational activities.

Community Identity

  • Five Palm Jumeirah stands out for its luxurious beachfront lifestyle, vibrant atmosphere, and commitment to providing a sophisticated living experience.

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Detailed Buiding Insights

1. Family Friendliness

Five Palm Jumeirah offers family-friendly amenities such as kids clubs, spacious pools, and family-oriented activities, making it a perfect destination for families with children.

Exceptionally Welcoming

2. Living Options

The community provides an array of lavish living options including stylish apartments and villas with stunning sea views and modern amenities.

Luxuriously Diverse

3. Safety And Security

With 24/7 security, surveillance systems, and controlled access, residents can feel safe and secure at Five Palm Jumeirah.

Remarkably Secure

4. Transportation

The community is well-connected with public transportation and convenient access to main roads, making it easy to navigate around the city.

Conveniently Accessible

5. Amenities And Facilities

Five Palm Jumeirah features a wide range of luxurious amenities including multiple pools, beaches, spa facilities, and top-rated restaurants.

Extensively Equipped

6. Cost Of Living

The cost of living is on the higher side due to the luxury lifestyle and premium services offered, appealing mostly to affluent residents.

Premium Pricing

7. Things To Do

A plethora of activities including water sports, beach lounging, and nightlife options ensure that there's always something to do and enjoy.

Vibrantly Diverse

8. Noise Levels

Most areas within Five Palm Jumeirah are tranquil, providing a peaceful environment, despite occasional noise from nearby entertainment venues.

Generally Peaceful

9. Pet Friendliness

The community supports pet owners with pet-friendly policies and areas, ensuring a welcoming environment for residents with animals.

Warmly Accommodating

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Park and Outdoor Fitness & Gym Hospital and Clinics Shopping Center and Groceries Restaurant & Cafeterias
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Schools

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Local Information

Buy:

232.7K AED - 380.5K AED

Rent:

21.7K AED - 34K AED

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