What's the price range at One Palm Omniyat?
Current price per sqft: AED 9200. Recent transactions: 4BR 9200sqft at AED 84,640,000; 3BR 4500sqft at AED 41,400,000. Price history (12 months): ranging from AED 9074 to AED 9200/sqft.
Complete guide to One Palm Omniyat in Palm Jumeirah: pricing, amenities, rental potential and ownership costs.
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Current price per sqft: AED 9200. Recent transactions: 4BR 9200sqft at AED 84,640,000; 3BR 4500sqft at AED 41,400,000. Price history (12 months): ranging from AED 9074 to AED 9200/sqft.
Unit mix: 0 × 1BR, 20 × 2BR, 25 × 3BR, 0 × 4BR, 15 × Penthouse. Total: 60 units. Standard residential tower.
Tier: ULTRA_LUXURY. Investment thesis: "Pinnacle ultra-luxury mansions offering bespoke living and strong capital growth through location prestige and scarcity.". Comparable buildings in Palm Jumeirah range AED 8700–9700/sqft. Verdict: Premium pricing justified by amenities and brand.. Consult a local agent for current market assessment.
Amenities: Private beach, Infinity pool, Spa, Wine lounge, Golf simulator and more. Year completed: 2024. Floors: 18. Well-maintained common areas and 24/7 security.
18 floors. Total units: 60. Average units/floor: 4. View types: Marina views, City views. Higher floors command premium pricing.
Layouts: Studio to 4-bedroom units. Most popular: 2-bedroom (20 units). Sizes vary 500–2,500 sqft. Many units have balconies/terraces. Furnished and unfurnished options available (check listing details).
Beach: 1 mins. Palm Jumeirah metro: 20 mins. Downtown Dubai: 40 mins. Airport (DXB): 28 mins.
Metro accessible via Palm Jumeirah. Schools within 5–15 mins. Shopping malls: Dubai Marina Mall, Ibn Battuta nearby. Parking: typically 1–2 spaces per unit. Good road connectivity to Sheikh Zayed Road and key exits.
Located in Palm Jumeirah, a ultra-luxury community. Residents: expat professionals, families, investors. Dining & retail: diverse options within 5–15 mins. Safety: 24/7 security in building and community. Vibe: exclusive and high-end.
Service charge: ~AED 3220/sqft/year typical for tier ULTRA_LUXURY. Estimate for 2BR (1500 sqft): AED 402500/month. DEWA: AED 400–600/month. Insurance: AED 1,000–2,000/year. Total holding cost: AED 800–1,500/month.
Profile: Mix of owner-occupiers and investors. Typical buyers: expat professionals, families seeking quality lifestyle, buy-to-let investors targeting 4%–6% yields. Nationalities: diverse (UK, India, Saudi, Russia, China well represented). Community vibe: professional, family-oriented, investment-savvy.
Gross rental yield: 3.2%–4.7%. 1BR typical rent: AED 5,000–6,000/month. 2BR: AED 50,000/month. Strong tenant demand; typical vacancy: 1–2 months/year.
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