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ID: 1.6609

Palladium Studios - Grandala, Al Satwa, Dubai

Location
Dubai
Area
44m2
Updated on
13.02.2024
Swimming pool
Yes
Price
230 882 €
Price per sq.m.
5247 €

Studios from 860 thousand dirhams (234 thousand dollars) overlooking DIFC
(Financial Center, where the offices of leading companies in the field of economics, consulting and finance are located).

Palladium - Grandala, delivery date 3Q 2025

Project:
A ready-made solution for a rental strategy in the new Freehold zone opposite DIFC - apartments from Palladium Development, fully furnished and equipped with appliances.

Stage:
start of sales

Area:
Al Satwa, an area within walking distance of the metro station and DIFC Free Zone

Forecast for price growth:
+25% for the next 18 months
with prices 35% lower than Downtown and 25% cheaper than City Walk, an expected ROI of at least 21%.

Infrastructure readiness:
15% - the area is just beginning to acquire infrastructure, which only confirms its potential for growth; the strategic location of the area initially guarantees high demand for both rental and purchase.

Building location:
Project on the map
✔️ 10 min walk:
- Jumeirah Gardens City Park
- Emirates Towers metro station
- Michelin-starred restaurant Moonrise (by the way, there are 14 of them in Dubai, most of them on the Palm)
- DIFC business district with class A office buildings (by the way, Bloomberg, Deloitte, Mitsubishi, NASDAQ, Societe Generale Bank & Trust, etc. are located there)
✔️ In 10 minutes by car:
- Downtown area (Burj Khalifa and Dubai Mall)
- La Mer beach with blue flag
- Museum of the Future

Investment strategies:
1️⃣ Resale within 18 months, expected ROI from 21%
2️⃣ Long-term rental with an annual ROI of 8+% excluding capitalization

Advantages of the project:
✔️ The price of apartments is 25-35% lower than in neighboring locations
✔️ The area has not yet acquired infrastructure for life; as it appears, the cost of housing here will rise
✔️ An area with constant demand for rentals among paying clients - DIFC employees

Expected prices:
Studio: from 860 thousand dirhams (234 thousand dollars)

Payment plan:
60% during construction, 40% upon delivery (Q3 2025)

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