AED 5,047,000

This is a ready two-bedroom hotel apartment at The 8, located on the trunk of Palm Jumeirah — one of Dubai’s most recognised waterfront addresses. The unit sits on a high floor, offering the elevated aspect that defines the building’s appeal. It is currently enrolled in the hotel pool, generating income from day one without any management burden on the owner.

The seller is exiting below the original purchase price, creating an uncommon entry point into a Palm Jumeirah asset that rarely trades at this level. For investors seeking yield and capital upside simultaneously, the timing is direct.

Unit Features:

– 2-bedroom hotel apartment
– 1,216 ft² / 113 m²
– High floor
– In hotel pool, income-generating
– Ready — immediate ownership
– Fully managed, serviced unit
– Distress deal below original price

Complex Amenities:

– Hotel-grade reception and concierge
– Swimming pool and leisure deck
– Fitness centre
– Housekeeping and room services
– On-site dining and retail

Architecture & Concept:

The 8 is a boutique hospitality-residential development designed around a serviced lifestyle on Palm Jumeirah. Its architecture reflects the low-density, high-finish character of the Palm trunk corridor. Interiors follow international hotel standards, with durable finishes suited to short-term and serviced occupancies.

About the Developer:

The 8 was developed by Seven Tides, a Dubai-based developer with a track record across hospitality and residential projects on the Palm.

Location & Benefits:

– Palm Jumeirah trunk, Dubai
– Minutes to Nakheel Mall and the monorail station
– Direct access to Palm Jumeirah Boulevard dining strip
– Short drive to Dubai Marina and JBR
– Palm Monorail connects to the mainland Metro network
– High tourist and short-stay demand throughout the year

Investment Appeal:

– Strong short-term rental demand from Palm Jumeirah tourism
– Hotel pool management removes operational burden on investor
– Palm addresses retain liquidity across market cycles
– Rare below-original-price entry on an established, income-ready asset
– Capital growth potential as Palm valuations trend upward

Frequently Asked Questions:

Q: Is the apartment currently generating rental income?
A: Yes, it is enrolled in the hotel pool and operational from the date of transfer.

Q: Can the owner use the apartment personally?
A: Hotel pool arrangements typically include owner-stay provisions subject to the management agreement terms, which can be reviewed during due diligence.

Q: Why is this classified as a distress deal?
A: The seller is offering the unit at a price below the original purchase price, which is a meaningful discount relative to both the entry cost and current Palm Jumeirah market levels.

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