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Dukes The Palm, Palm Jumeirah

Dukes The Palm, Palm Jumeirah

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Strengths

Luxurious Amenities

Stunning Views

Prime Location

Weakens

High Room Rates

Limited Beach Access

Crowded During Peak Season

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Description

Dukes The Palm, Palm Jumeirah

Real Estate Overview

Building Overview

  • Dukes The Palm is an upscale residential and hotel complex located on the iconic Palm Jumeirah, known for its luxurious lifestyle and stunning sea views.
  • This elegant building offers a mix of serviced apartments and hotel rooms, making it a unique offering in an exclusive neighborhood.
  • Nearby facilities include private beaches, top-notch dining venues, and vibrant entertainment spots, enhancing its desirability.
  • The location provides easy access to public transportation, including the Palm Monorail, connecting residents to the broader Dubai transit network.
  • Adjacent landmarks include the famous Atlantis, The Palm resort, and a variety of high-end shopping experiences.

Properties Overview

  • Dukes The Palm features one, two, and three-bedroom apartments along with exquisite hotel suites, catering to both investors and renters.
  • Rental prices range from AED 110,000 to AED 350,000 annually, depending on the unit's size and features.
  • For buyers, the property's prices typically vary between AED 1.5 million to AED 5 million, with certain penthouse offerings reaching higher values.
  • The most sought-after units include sea-view apartments that attract both investors and end-users looking for luxury living.

Market Trends

  • The real estate market in Palm Jumeirah has shown resilience, with a steady demand for both rental and sales properties.
  • Recent trends indicate a price increase of approximately 5-10% in rental prices over the past year, a sign of a recovering market.
  • For investors, the expected return on investment (ROI) is around 6-8%, making it an attractive opportunity amid Dubai's growing economy.
  • Future projections suggest a sustained interest in luxury properties due to the ongoing development in the area and its strategic location.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to various supermarkets, including Spinneys and Carrefour, for daily necessities.
  • Renowned schools and nurseries in close proximity enhance the family-friendly appeal of the neighborhood.
  • Healthcare facilities are readily available, including multiple clinics and hospitals, ensuring comprehensive medical services.

Transportation and Accessibility

  • The Palm Monorail station provides convenient transport to key locations, including the mainland.
  • Public bus services also connect the area, while ample parking facilities cater to residents with vehicles.
  • Quick access to major highways makes commuting to neighboring areas effortless.

Lifestyle Amenities

  • On-site amenities include a well-equipped gym, spa, and fitness center, promoting a healthy lifestyle.
  • Various dining options, from casual eateries to gourmet restaurants, enrich the resident experience.
  • Beautifully landscaped outdoor areas and private beach access offer ample opportunities for leisure activities.

Builing Facilities

  • Dukes The Palm boasts modern elevators, 24/7 security services, and central air conditioning for resident comfort.
  • Regular maintenance services ensure the building remains in excellent condition.

Special Services

  • The building features a concierge service, providing assistance with bookings and inquiries.
  • Guest services enhance the living experience, while business centers cater to professional needs of residents.

Planning Your Move or Investment

Floor Plans and Property Types

  • Dukes The Palm offers diverse floor plans, including spacious apartments with flexible layouts suited for singles, couples, and families.
  • Each unit is designed with modern interiors and high-quality finishes, appealing to a wide range of potential residents and buyers.

Things to Consider

  • Prospective tenants and buyers are advised to evaluate their lifestyle requirements and budget limitations.
  • Purchasing may involve additional costs such as maintenance fees, while renting often includes utilities in the lease.

Useful FAQs and Support

Events and Building Life

Building Events

  • Regular social gatherings and community activities aim to foster a sense of belonging among residents.
  • The building’s management often organizes seasonal celebrations and wellness activities to engage the community.

Community Identity

  • Dukes The Palm is distinguished by its blend of opulence and comfort, reflecting the luxurious lifestyle of Palm Jumeirah.
  • Cultural links to British heritage are evident in amenities and service style, adding a unique touch to the living experience.

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Detailed Buiding Insights

1. Family Friendliness

Dukes The Palm offers family-friendly amenities such as children's pools, play areas, and activities. The environment is tailored to ensure comfort and enjoyment for families.

Very Welcoming

2. Living Options

The community offers a wide range of living options, including luxury hotel accommodations and spacious apartments, catering to various lifestyles and preferences.

Luxuriously Diverse

3. Safety And Security

Dukes The Palm is equipped with 24/7 security personnel and advanced surveillance systems, ensuring a safe and secure living environment for all residents and guests.

Extremely Secure

4. Transportation

The location is well connected to major roads and public transport, making travel to and from different parts of Dubai convenient for residents and visitors.

Conveniently Accessible

5. Amenities And Facilities

Dukes The Palm boasts a comprehensive range of amenities including pools, fitness centers, restaurants, and spa facilities, providing a luxurious lifestyle experience.

Richly Equipped

6. Cost Of Living

While the cost of living in Dukes The Palm is higher than average due to its luxury offerings, many find the premium worth the investment for the lifestyle amenities provided.

On the Higher End

7. Things To Do

There is a plethora of activities available nearby, from beach access and water sports to shopping and dining, catering to various interests and age groups.

Vibrantly Diverse

8. Noise Levels

Although located in a popular tourist area, the layout of the community and hotel design minimizes noise, allowing residents to enjoy a peaceful atmosphere.

Generally Peaceful

9. Pet Friendliness

While the community does allow pets, there are some restrictions and designated areas, making it moderately accommodating for pet owners.

Moderately 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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Local Information

Buy:

280.9K AED - 320.7K AED

Rent:

20.6K AED - 31.1K AED

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