The residential community of Palma Residences is located on the shores of the Persian Gulf, at the eastern end of the trunk of the artificial palm island Palm Jumeirah in Dubai. The developer of the project, which was commissioned in 2015, is Nakheel PJSC.
The community’s real estate collection features 104 residential properties, which include exclusive 4 and 5-bedroom townhouses. The residences range in size from 281 sq. m (3,024 sq. ft) and have a minimum value of AED 9,000,000 (USD 2,450,000). Palma Residences’ secondary market includes fully furnished, bright and spacious townhomes with stylish design. All residences have spacious terraces and access to the beach or an indoor area with a communal pool.
The panoramic windows in the townhouses overlook the Persian Gulf and the Dubai skyline.
Luxury real estate in the Palm Jumeirah area attracts the attention of investors. You can buy a residence in Palma Residences both for permanent residence on the coast and for renting to tourists, business people or families with children. 4-bedroom townhouses can provide an ROI of 5.74%.