PropertyIndex

Kempinski Palm Residence

Completed|273 units · 1 building

Kempinski Palm Residence is a completed development by SUNNY BEACH PROPERTIES LTD O.F in Palm Jumeirah, comprising 273 registered units. 548 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,860 per sqft. At AED 2,860 per sqft, Kempinski Palm Residence prices 18% above the Palm Jumeirah median of AED 2,425 per sqft on registered sales.

PIX© price · 1.4% YoY
6.25MAED
Typical
2,860AED
PSF
Gross yield
5.7%
PIX© rent ÷ PIX© price
Sale records
548
DLD · all time
Rent contracts
652
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor 2

2 Bed on Floor 2, Kempinski Palm Residence

Size
Record
Mar 2012 to Nov 2023
Owners
6
Tenants
6
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
6Owner 614 Nov 20232.8 yrs
Current owner
6Tenant 623 Apr 20227 mo
Ended early
Owner 5
5Owner 520 Dec 202123 mo
Sold with tenant in place
5Tenant 523 Apr 202112 mo
Renewal
Owner 4
5Tenant 523 Apr 202012 mo
Owner 4
4Tenant 423 Apr 201914 mo
Renewal
Owner 4
4Tenant 423 Apr 201812 mo
Owner 4
4Owner 45 Oct 20174.2 yrs
Sold with tenant in place
3Tenant 323 Apr 201713 mo
Owner 3
3Owner 320 Oct 20152.0 yrs
Sold with tenant in place
2Tenant 222 Nov 20142.4 yrs
Owner 2
1Tenant 121 Jun 201312 mo
Owner 2
2Owner 21 Mar 20123.6 yrs
Owner 1 · UndisclosedAcquisition date and price not on record
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2 Bed · Floor 2 · Kempinski Palm Residence
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Kempinski Palm Residence

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
255 - 8,779 sqft
2736.25M2,8601.4%358K5.7%
Residential
1 Bed · Apartment
1,319 sqft
2-----
2 Bed · Apartment
1,308 - 3,993 sqft
159
3 Bed · Apartment
1,767 - 8,779 sqft
38
4 Bed · Apartment
3,854 - 8,100 sqft
31
5 Bed · Apartment
5,557 sqft
2-----
Commercial
Shop
255 - 809 sqft
41---
Sales - Project-Wide548 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
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
7 Sep 20263 BedKempinski Palm Residence · Floor 54,3709,200,0002,105+135.9%StandardStandard Sale
1 Jul 20262 BedKempinski Palm Residence · Floor 51,7874,550,0002,546+8.4%StandardStandard Sale
29 Jun 20263 BedKempinski Palm Residence · Floor 53,7908,400,0002,216+28.2%StandardStandard Sale
Rentals - Project-Wide652 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
1 Sep 20262 BedKempinski Palm Residence · Floor 31,775275,000155-StandardCONTRACT
1 Sep 20264 BedKempinski Palm Residence · Floor 34,528700,000155-StandardCONTRACT
1 Aug 20262 BedKempinski Palm Residence · Floor 31,767270,000153-StandardCERTIFICATE

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 Kempinski Palm Residence

Answered from Dubai Land Department registered transactions.

How much does a property in Kempinski Palm Residence cost?

Property in Kempinski Palm Residence sells at a current PIX© price of AED 2,860 per sqft, or about AED 6,248,745 for a typical unit, based on 548 sales registered with the Dubai Land Department.

Is Kempinski Palm Residence completed?

Yes. Kempinski Palm Residence is recorded as completed in the Dubai Land Department project register.

Who is the developer of Kempinski Palm Residence?

Kempinski Palm Residence is developed by SUNNY BEACH PROPERTIES LTD O.F, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Kempinski Palm Residence?

Kempinski Palm Residence yields 5.7% gross, calculated from current PIX© rent against current PIX© sale price, across 652 registered Ejari contracts.

How many units are in Kempinski Palm Residence?

Kempinski Palm Residence holds 273 registered units, per the Dubai Land Department unit register.

Have prices in Kempinski Palm Residence gone up or down?

Price per sqft has risen +1.4% over the last 12 months, to AED 2,860, across 548 registered sales.