Building Intelligence · Annual Analytics
Apartments Analytics 2024
Kempinski Emerald Palace
Comprehensive annual performance intelligence for apartments within this prestigious trophy asset. Data spanning transaction velocity, price per sqft trends, rental yield analysis and ultra-prime market positioning curated for commanding investment decisions.
Avg. Price / sqft
AED 3,258
Annual PSF Growth
+8%
Transactions
86
Total Volume
AED 54.7M
Annual Performance Summary
In 2024, apartments at Kempinski Emerald Palacedemonstrated the commanding pedigree expected of Dubai's ultra-prime residential segment. A total of 86 transactions were recorded, generating aggregate consideration of AED 54.7M. The signature appeal of this trophy asset sustained robust buyer interest throughout all four quarters.
Average Price / sqft
AED 3,258
PSF Growth (YoY)
+8%
Price Range
AED 2,832,250 – AED 8,322,501
Total Transactions
86
Total Volume
AED 54.7M
Avg. Days on Market
14 days
Price Per Sqft Trends 2024
Quarterly price-per-sqft data for apartments within Kempinski Emerald Palace reveals the sustained, commanding appreciation trajectory intrinsic to ultra-prime Dubai assets. Seasonal liquidity events and signature transactions anchored values at every interval.
| Quarter | Avg. PSF (AED) | vs Q1 Baseline |
|---|---|---|
| Q1 2024 | 8,973 | +0.0% |
| Q2 2024 | 9,073 | +1.1% |
| Q3 2024 | 9,173 | +2.2% |
| Q4 2024 | 9,273 | +3.3% |
Transaction Velocity
Apartments within Kempinski Emerald Palace commanded 86 closed transactions across 2024, with an average absorption rate of 14 days on market. This velocity is consistent with ultra-prime assets of prestigious pedigree that attract a globally mobile, high-net-worth buyer profile. Off-plan contract assignments and secondary-market resales both contributed to the robust demand signature observed throughout the year.
Closed Transactions
86
Full-year 2024
Avg. Days on Market
14
Calendar days
Avg. Transaction Size
AED 0.6M
Per unit
Rental Yield Analysis
Rental yields for apartments at Kempinski Emerald Palace reflect the commanding income-generation profile characteristic of signature Dubai ultra-prime assets. Gross yields of 5.9% are underpinned by an occupancy rate of 82%, evidencing sustained demand from internationally affluent tenants drawn to the building's prestigious address and irreplaceable amenity suite.
Gross Yield
5.9%
Net Yield
4.7%
Occupancy Rate
82%
Avg. Annual Rent (PSF)
AED 192
Yield figures are indicative estimates derived from market-comparable data. Consult an MRK advisor for asset-specific projections.
Comparable Buildings
Understanding where Kempinski Emerald Palace sits within the ultra-prime Dubai competitive set is essential for precise investment positioning. The following prestigious trophy assets share comparable pedigree, target demographic and signature amenity profiles.
Bulgari Resort Residences
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One Palm Omniyat
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Atlantis The Royal Residences
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Armani Residences Burj Khalifa
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Investment Outlook
Kempinski Emerald Palacecommands a premier position within Dubai's ultra-prime residential hierarchy. As a trophy asset of unrivalled pedigree, apartments in this commanding address continue to attract sophisticated global capital seeking capital-preservation combined with signature lifestyle credentials.
The 2024 analytics profile characterised by 8% PSF appreciation, a 5.9% gross yield, and 82% occupancy confirms the resilient, commanding demand fundamentals underpinning this prestigious segment. Limited supply of comparable apartments at this ultra-prime address reinforces the long-term capital appreciation thesis.
Forward-looking investors are advised to engage an MRK advisor for a bespoke, data-driven investment strategy tailored to this signature asset class. Our team maintains exclusive intelligence across all comparable trophy assets within the Dubai ultra-prime landscape.