Off-planGolden Visa eligibleHandover Jun 2029

Off-Plan Palm Jumeirah Luxury Penthouse

Palm Jumeirah

Ultra-premium off-plan penthouse on Palm Jumeirah featuring four bedrooms, private infinity pool, and 360-degree Arabian Gulf views. Architectural masterpiece by world-renowned designer with smart home integration and concierge service. Pre-launch pricing for early investors.

Type: Penthouse
Bedrooms: 4
Bathrooms: 4
Size: 7,200 sqft
Furnishing: Unfurnished
View: Arabian Gulf panoramic view
Developer: Omniyat
Status: Off Plan
Reference: PJ-3001

AED 35,000,000

Penthouse · 4 bed · 4 bath

THE NUMBERS

Golden Visa eligible

Price per sqft: AED 4,861
Annual service charge: AED 230,400
Estimated annual rent: AED 1,332,000
Gross yield: 3.8%
Net yield: 2.8%
DLD transfer fee: AED 1,400,580
Total acquisition cost: AED 37,100,580

Estimated annual rent = community average rent per sqft x size sqft (no rent history for this unit).
Net yield deducts annual service charge, a 5% management allowance, and a 5% vacancy allowance, all as a fraction of annual rent.
DLD transfer fee assumed at 4% of price plus a fixed AED 580 admin fee.
Total acquisition cost includes a typical 2% agency commission.
Golden Visa property threshold assumed at AED 2,000,000.

PAYMENT PLAN

Down payment · 30%
AED 10,500,000
Down payment
at 50% completion · 30%
AED 10,500,000
at 50% completion
On handover · 40%
AED 14,000,000
On handover (Jun 2029)