Seven Hotel and Apartments The Palm
ResaleCommunityPalm Jumeirah
AreaPalm Jumeirah
Started
8 years 4 months ago01-09-2017
Handover
3 years 2 months ago31-10-2022
Status
CompleteFinished
Project Description
2 Towers of Hotel, hotel apartments and residential apartments building with 2 basements + G + M + 14 floors on plot No 220, Palm Jumeira with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable0%
GrowthCurrent:AED 3,295/sqft
Last 12M:AED 3,304/sqft
Momentum: Last 12Mvs Prior Year
Stable0%
GrowthLast 12M:AED 3,304/sqft
Prior Year:AED 3,312/sqft
Community Compare: Last 90DPalm Jumeirah
At Market-2%
Below AvgProject:AED 3,263/sqft
Community:AED 3,346/sqft
Liquidity: Last 12MExit Speed
Low6%Turnover
70Sold (Last 12M)
Supply & Demand Matrix
Seven Hotel and Apartments The Palm averaged 6% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Studio
695 units
49 sold646 left
7%
Velocity
1 Bedroom
374 units
14 sold360 left
4%
Velocity
2 Bedrooms
31 units
6 sold25 left
19%
Velocity
3 Bedrooms
14 units
1 sold13 left
7%
Velocity
4 Bedrooms
1 units
0 sold1 left
0%
Velocity
5 Bedrooms
1 units
0 sold1 left
0%
Velocity
Shop
8 units
0 sold8 left
0%
Velocity
Layouts & Units (1,124)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-14 | Inventory 280units 78 layouts · Typically 1 parking 2-11 sqm balcony | Size Range 21-495sqft | Price Range AED 1.0M - AED 1.8M | Avg PSF 2,543 | Sales 58 | Trend — | |
Asset Class 1 Bed FlatFloors 1-14 | Inventory 256units 63 layouts · Typically 1 parking 3-26 sqm balcony | Size Range 47-1,012sqft | Price Range AED 495K - AED 2.9M | Avg PSF 2,021 | Sales 22 | Trend — | |
Asset Class 2 Bed FlatFloors 1-14 | Inventory 31units 15 layouts · Typically 1 parking 11-43 sqm balcony | Size Range 566-1,671sqft | Price Range AED 2.4M - AED 4.0M | Avg PSF 2,048 | Sales 8 | Trend — | |
Asset Class 3 Bed FlatFloors 1-14 | Inventory 14units 10 layouts · Typically 1 parking 14-23 sqm balcony | Size Range 1,511-1,932sqft | Price Range AED 6.2M - AED 6.2M | Avg PSF 2,304 | Sales 1 | Trend — | |
Asset Class 4 Bed FlatFloor 14 | Inventory 1units Typically 2 parking ~372 sqm balcony | Size Range 6,829-7,932sqft | Price Range — | Avg PSF 1,838 | Sales 0 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 190,325-190,498sqft | Price Range — | Avg PSF 793 | Sales 0 | Trend — | |
Asset Class Hotel ApartmentFloors 6-14 | Inventory 198units 19 layouts · Typically 1 parking 3-9 sqm balcony | Size Range 20-793sqft | Price Range AED 950K - AED 2.1M | Avg PSF 2,589 | Sales 46 | Trend — | |
Asset Class 1 Bed Hotel ApartmentFloors 6-14 | Inventory 108units 34 layouts · Typically 1 parking 3-18 sqm balcony | Size Range 416-1,000sqft | Price Range AED 1.1M - AED 2.6M | Avg PSF 2,436 | Sales 8 | Trend — | |
Asset Class 5 Bed Hotel ApartmentFloor 14 | Inventory 1units Typically 2 parking ~377 sqm balcony | Size Range 6,983-7,967sqft | Price Range — | Avg PSF 1,821 | Sales 0 | Trend — | |
Asset Class Hotel RoomsFloors 1-5 | Inventory 217units 58 layouts · Typically 1 parking 1-31 sqm balcony | Size Range 177-822sqft | Price Range AED 885K - AED 1.6M | Avg PSF 2,852 | Sales 27 | Trend — | |
Asset Class 1 Bed Hotel RoomsFloors 1-5 | Inventory 10units 5 layouts · Typically 1 parking 3-9 sqm balcony | Size Range 357-816sqft | Price Range AED 2.0M - AED 2.0M | Avg PSF 2,860 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 8units 8 layouts · Typically 3 parking | Size Range 145-5,081sqft | Price Range — | Avg PSF 3,230 | Sales 0 | Trend — |
Grouped into 12 asset classes covering 1,124 units