PropertyIndex

W Residences Dubai - The Palm

Completed · Q2 2020|155 units · 1 building · 1 podium

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W Residences Dubai - The Palm is a completed apartment development by A S I REAL ESTATE DEVELOPMENT L.L.C in Palm Jumeirah, comprising 155 registered units. 127 sales are registered with the Dubai Land Department, at a current PIX© price of AED 4,246 per sqft. At AED 4,246 per sqft, W Residences Dubai - The Palm prices 8% above the Palm Jumeirah average of AED 3,918 per sqft on registered sales.

PIX© price · 9.5% YoY
29.52MAED
Typical
4,246AED
PSF
Gross yield
6.3%
PIX© rent ÷ PIX© price
Sale records
127
DLD · all time
Rent contracts
45
Ejari · all time
W Residences Dubai - 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
99 – 1,092,284 sqft
15529.52M4,2469.5%1.85M6.3%
Residential
2 Bed · Apartment
4,996 – 6,895 sqft
6
3 Bed · Apartment
4,721 – 14,010 sqft
54
4 Bed · Apartment
5,987 – 15,020 sqft
32
5 Bed · Apartment
7,305 – 9,977 sqft
11
6 Bed · Apartment
13,666 sqft
1
Hospitality
Studio · Hotel Room
1,092,284 sqft
1
Commercial
Shop
3,735 – 10,667 sqft
8
Store
99 – 572 sqft
42
Sales — Project-Wide127 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
9 Mar 20263 BedFloor 66,04022,000,0003,6420.0%StandardStandard Sale
5 Mar 20264 BedFloor 27,88840,000,0005,0710.0%StandardStandard Sale
19 Feb 20264 BedFloor 56,80933,000,0004,846+87.1%StandardStandard Sale
Rentals — Project-Wide45 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
1 Jun 20263 BedFloor 65,4692,000,0003660.0%Standardrenewal
1 Jun 20264 BedFloor 713,0093,000,0002310.0%Standardrenewal
21 May 20264 BedFloor 38,3491,600,000192Standardnew

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 W Residences Dubai - The Palm

Answered from Dubai Land Department registered transactions.

How much does a property in W Residences Dubai - The Palm cost?

Property in W Residences Dubai - The Palm sells at a current PIX© price of AED 4,246 per sqft, or about AED 29,519,151 for a typical unit, based on 127 sales registered with the Dubai Land Department.

Is W Residences Dubai - The Palm completed?

Yes. W Residences Dubai - The Palm is recorded as completed in the Dubai Land Department project register (completed q2 2020).

Who is the developer of W Residences Dubai - The Palm?

W Residences Dubai - The Palm is developed by A S I REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in W Residences Dubai - The Palm?

W Residences Dubai - The Palm yields 6.3% gross, calculated from current PIX© rent against current PIX© sale price, across 45 registered Ejari contracts.

How many units are in W Residences Dubai - The Palm?

W Residences Dubai - The Palm holds 155 registered units, per the Dubai Land Department unit register.

Have prices in W Residences Dubai - The Palm gone up or down?

Price per sqft has fallen -9.5% over the last 12 months, to AED 4,246, across 127 registered sales.