Oct 24 2014
Dream Palm Residence
This project is part of the Rixos Resort located at the tip of the crescent of Palm Jumeirah. The project was completed in mid-2012.The developer waited till the project was completed before offering units in the market.
As we understand, apartments and townhouses were first offered in this project in 2012 at prices starting from AED 2,200 psf. Our sources tell us that the initial sales response was not very strong and it appears that the marketing/sales effort of the project was put on hold.
Lanhill Real Estate, a real estate brokerage firm based in Dubai, is now offering units in this development exclusively (as of September 2014).
Prices being advertised are from AED 2,200 psf.
2 Bedroom apartments (built up areas ranging from 2,217 - 3,313 sq. ft) are being sold for AED 4.8 - 7.2 million.
3 Bedroom apartments (built up areas ranging from 2,752 - 3,570 sq. ft) are being sold for AED 6.0 - 8.0 million.
The firm is also offering 4 & 5 bedroom penthouses, and 4 bedroom townhouses for sale.
The development is 100% ready and buyers have to pay the full amount upfront at which time they will be furnished with a title deed.
Dream Palm Residence is located within the Rixos Resort giving residents the advantage of sharing 5 star resort facilities.