Palma Residences
Palma Residences
Palma Residences is a collection of townhouses on Palm Jumeirah. With a blend of modern architecture, each residence offers a visual masterpiece from the outside in. Your new home at Palm Residences is thoughtfully designed to suit your lifestyle, with amenities that elevate your living to new heights.
FACILITIES
- Supermarket
- Beach Access
- Gated Community
- Tennis Courts
- Sports & Leisure Amenities
- Gymnasium
- Kids Play Area
- Parks and Leisure Areas
- Swimming Pool
Bedroom Apartment
- 4-5
STARTING PRICE
- AED 8,750,000
LOCATION
- Palm Jumeirah
Palma Residences Collection Summary
Palma Residences features an array of beautifully designed villas and townhouses, each exuding elegance and sophistication. The architecture blends modern aesthetics with traditional Arabian elements, creating a unique and timeless appeal. Spacious layouts, high ceilings, and large windows ensure that every home is filled with natural light and offers breathtaking views of the surrounding landscapes.
The interiors of these residences are meticulously crafted with premium materials and finishes. From marble flooring to custom cabinetry, every detail reflects a commitment to quality and luxury. The open-plan living areas seamlessly flow into private outdoor spaces, allowing residents to enjoy the picturesque surroundings and the pleasant Dubai climate.
Palm Jumeirah, one of Dubai’s most sought-after locations, is renowned for its distinctive palm tree shape and upscale living environment. Palma Residences benefits from this prime location, offering residents easy access to the city’s major attractions while providing a serene and tranquil retreat from the hustle and bustle of urban life.
The community is strategically connected to the west via Crescent Road, ensuring seamless connectivity to the rest of Palm Jumeirah and beyond. This allows residents to enjoy the best of both worlds – the peace and privacy of their exclusive enclave and the vibrant energy of Dubai’s cosmopolitan lifestyle.
FAQ
Yes, foreigners can buy property in Dubai. There are designated areas known as freehold areas where non-UAE nationals can own property outright. Popular freehold areas include Dubai Marina, Downtown Dubai, Palm Jumeirah, and Jumeirah Lakes Towers (JLT).
Besides the purchase price, buyers need to consider several additional costs, including a 4% Dubai Land Department (DLD) fee, a 2% real estate agent commission, mortgage registration fees if applicable, and possibly service charges or maintenance fees depending on the property.
The process of buying property in Dubai typically takes around 30 to 60 days. This includes time for securing financing (if needed), conducting property inspections, and completing legal paperwork.
Investing in Dubai property offers several benefits, including a tax-free environment, high rental yields, strong capital appreciation potential, and the ability to obtain a residency visa for investors. Additionally, Dubai’s strategic location and world-class infrastructure make it an attractive destination for property investment.