PropertyIndex

Seven Hotel and Apartments The Palm

Completed · Q4 2022|1,162 units · 2 towers

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Seven Hotel and Apartments The Palm is a completed apartment development by SEVEN TIDES REAL ESTATE DEVELOPMENT L.L.C in Palm Jumeirah, comprising 1,162 registered units. 1,685 sales are registered with the Dubai Land Department, at a current PIX© price of AED 3,099 per sqft. At AED 3,099 per sqft, Seven Hotel and Apartments The Palm prices 23% below the Palm Jumeirah average of AED 4,017 per sqft on registered sales.

PIX© price · 7.5% YoY
1.66MAED
Typical
3,099AED
PSF
Gross yield
7.0%
PIX© rent ÷ PIX© price
Sale records
1,685
DLD · all time
Rent contracts
549
Ejari · all time
Seven Hotel and Apartments The Palm

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
121 – 7,967 sqft
1,1621.66M3,0997.5%115K7.0%
Residential
Studio · Apartment
305 – 495 sqft
280
1 Bed · Apartment
557 – 1,012 sqft
256
2 Bed · Apartment
988 – 1,671 sqft
31
3 Bed · Apartment
1,521 – 1,932 sqft
14
4 Bed · Apartment
7,932 sqft
1
Studio · Hotel Apartment
354 – 724 sqft
198
1 Bed · Hotel Apartment
681 – 1,000 sqft
108
5 Bed · Hotel Apartment
7,967 sqft
1
Hospitality
Studio · Hotel Room
316 – 822 sqft
217
1 Bed · Hotel Room
714 – 807 sqft
10
Hotel Room (Bedrooms Unknown)
Commercial
Clinic
Shop
2,330 – 5,081 sqft
8
Store
121 – 298 sqft
38
Sales — Project-Wide1,685 DLD records
Sale price AED/sqft · monthly · all time

Price per sqft has risen +7.5% over the last 12 months, to AED 3,099, across 1,685 registered sales.

PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range · all time
PSF range
Avg size
Cash : mortgage
Off-plan : ready
DateSizePricePSFUnit TypeType
16 Jul 20266762,000,0002,960StandardStandard Sale
7 Jul 20267732,775,0003,591PremiumStandard Sale
1 Jul 2026354865,5762,442StandardStandard Sale
Rentals — Project-Wide549 Ejari contracts
Annual rent AED · monthly · all time
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range · all time
Renewals
Corporate
Start DateSizeRent / YrRent PSFUnit TypeType
30 Aug 202642965,000152Entry Levelnew
13 Aug 202674095,000128Entry Levelnew
7 Aug 202649480,000162Standardrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Palm Jumeirah

The closest-priced registered projects in Palm Jumeirah.

Common questions about Seven Hotel and Apartments The Palm

Answered from Dubai Land Department registered transactions.

How much does a property in Seven Hotel and Apartments The Palm cost?

Property in Seven Hotel and Apartments The Palm sells at a current PIX© price of AED 3,099 per sqft, or about AED 1,655,020 for a typical unit, based on 1,685 sales registered with the Dubai Land Department.

Is Seven Hotel and Apartments The Palm completed?

Yes. Seven Hotel and Apartments The Palm is recorded as completed in the Dubai Land Department project register (completed q4 2022).

Who is the developer of Seven Hotel and Apartments The Palm?

Seven Hotel and Apartments The Palm is developed by SEVEN TIDES REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Seven Hotel and Apartments The Palm?

Seven Hotel and Apartments The Palm yields 7.0% gross, calculated from current PIX© rent against current PIX© sale price, across 549 registered Ejari contracts.

How many units are in Seven Hotel and Apartments The Palm?

Seven Hotel and Apartments The Palm holds 1,162 registered units across 2 towers, per the Dubai Land Department unit register.

Have prices in Seven Hotel and Apartments The Palm gone up or down?

Price per sqft has risen +7.5% over the last 12 months, to AED 3,099, across 1,685 registered sales.