Apartment by IFA HOTELS & RESORTS “The 8”

AED 5,047,000

Discount: 22% of original price AED 6,438,000
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Vector icon 2 Beds Vector icon 2 Baths Vector icon 1215 sqft
Daria
Daria Property broker

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The 8 2BR Apartment in Palm Jumeirah — Sea View, Investor Distress Deal, 22% Below OP

Spacious and well-proportioned, this two-bedroom apartment at The 8 on Palm Jumeirah offers 1,215 sq ft of refined residential space with direct sea views. The unit is available as a distress deal, priced meaningfully below its original purchase price — a rare entry point into one of Dubai’s most sought-after island addresses.

Palm Jumeirah commands consistent demand from end-users and investors alike, and opportunities to acquire below original price in this location are uncommon. This resale represents a tangible discount for a buyer ready to move quickly.

Unit Features:

– Two-bedroom apartment
– 1,215 ft² / 113 m²
– Sea view
– Prime Palm Jumeirah address
– Distress deal below original price

Complex Amenities:

– Swimming pool
– Gymnasium
– Waterfront promenade access
– Concierge services
– Covered parking

Architecture & Concept:

The 8 is a boutique residential tower designed to complement the Palm’s waterfront character. Its architecture prioritises sea-facing orientations and clean contemporary lines. Residences are planned to maximise natural light and open views across the Gulf.

About the Developer:

The 8 was developed by Nakheel, the master developer behind Palm Jumeirah and one of Dubai’s most established real-estate names.

Location & Benefits:

– Palm Jumeirah, Dubai
– Minutes to Nakheel Mall and The Pointe
– Short drive to Dubai Marina and JBR
– Access to trunk and frond road network
– Metro link via Palm Monorail
– High liquidity neighbourhood with global buyer base

Investment Appeal:

– Consistently strong rental demand from short and long-term tenants
– Palm Jumeirah commands premium yields relative to mainland districts
– Limited supply of true sea-view inventory supports value retention
– Entry below original purchase price provides immediate equity advantage
– Proven capital appreciation track record on the Palm

Frequently Asked Questions:

Q: Is this unit ready for immediate handover?
A: Yes, this is a resale unit available for transfer upon completion of standard DLD procedures.

Q: Why is the seller listing below the original purchase price?
A: The seller is motivated and has priced for a swift transaction, creating a genuine distress opportunity for the buyer.

Q: Can the unit be rented out after purchase?
A: Palm Jumeirah properties are in high demand for both long-term leases and short-term holiday rentals, making this a flexible investment.

Enquire through the form on this page to receive full details and arrange a viewing at your convenience.

Property information

Property Type

Apartment

Ownership Type

Freehold

Building Information

Building name

IFA HOTELS & RESORTS “The 8”

IFA Hotels & Resorts
IFA Hotels & Resorts View developer

Location

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