SLS RESIDENCES PALM
About SLS RESIDENCES PALM
SLS Residences The Palm on Palm Jumeirah, Dubai
SLS Residences The Palm is a recently launched residential project perfectly suited for buyers who are interested in investment in property on Palm Jumeirah. The 11-storey building designed in a unique architectural style contains an exclusive collection of residences that make not only wonderful buy-to-live properties or vacation homes but also lucrative assets.
About SLS Residences The Palm
Residents of this upscale complex will enjoy the following advantages:
- Children’s amenities, such as play areas and a shallow pool;
- A wellness space with a gym, changing rooms, and spa treatment rooms;
- A lounge area;
- A yoga and pilates studio;
- Communal and private pools;
- A recreation area;
- 24/7 concierge service;
- A 24/7 security and video surveillance system.
Apartments in SLS Residences The Palm
The project comprises 113 upscale residences, including two- and three-bedroom apartments and three- and four-bedroom duplexes and penthouses. Every home features a spacious terrace with private amenities, such as a pool with sun loungers, a recreation area with comfortable seating, and a garden. Due to the building’s prime location, owners and tenants of local properties will be able to admire the stunning views of the Persian Gulf and the surrounding landscapes of this man-made island from their floor-to-ceiling windows.
Malls and supermarkets in SLS Residences The Palm
Palm Jumeirah is a shopping paradise. This prestigious community accommodates three malls. The Golden Mile Galleria features over 70 retail venues, including boutiques by world-famous brands, supermarkets, and shops selling various goods, from electronics to jewellery and watches. There are also many coffeehouses, cafés, restaurants, gyms, spa centres, and entertainment venues.
The Pointe by Nakheel is another mall with a 1.5-kilometre waterfront, a cinema, restaurants, and spacious parking. The third local mall is The Palm Fountain that has over 300 shops, a 15-hall cinema, and a series of restaurants across five storeys.
Landmarks near SLS Residences The Palm
One of the most popular landmarks on this artificial island is the opulent Atlantis The Palm Hotel located in the immediate vicinity of the high-end complex and offering a wide range of leisure and entertainment venues, such as a water park, a dolphinarium, and an oceanarium. Nearby is a beach with comfortable loungers, changing stalls, and numerous water sports opportunities.
Investment in SLS Residences The Palm
Upscale residential properties located on Palm Jumeirah are attractive assets for savvy investors wanting to diversify their portfolios and receive a high and stable income. This artificial archipelago is not only a prestigious residential community but also a popular landmark, so local homes are in roaring demand among foreign tourists renting vacation accommodations. The average return on investment in two-bedroom residences on this island is 5.64% per year. Three- and four-bedroom homes generate 5.31% per year.
Property for sale in SLS Residences The Palm
Are you planning to buy property in Dubai? Stylish and functional homes in this off-plan residential complex are the perfect choice. Please contact our English-speaking team of experts in the local real estate market who will gladly assist you with selecting a suitable option and provide comprehensive consultations. Buyers can also count on support throughout closing the deal and first-rate after-sale service.
Project details
Benefits of buying property in SLS Residences The Palm
Type of complex
SLS Residences The Palm is an upscale residential complex launched very recently. It is a multi-family 11-storey building comprising 113 residences with a floor area of 155 to 557 m². Besides two- to four-bedroom homes, the project features exclusive amenities, both communal and private. The building is located on the artificial island Palm Jumeirah, which is not only one of Dubai’s most prestigious communities but also a world-famous landmark.
Uniqueness
This high-end project is an idyllic place for family living where adults and children will have numerous leisure and recreation opportunities. It will feature indoor and outdoor children’s play areas and a shallow pool. Besides standard amenities, such as a gym and recreation areas, adults will enjoy numerous exclusive perks, such as membership in the SBE loyalty program opening access to VIP services, a discount on rooms in Accor hotels all over the world, and other privileges.
Building’s architecture and design
The architectural style of this deluxe complex is inspired by the mesmerizing sway of ocean waves, which lent their shape to spacious terraces equipped with lighting and private amenities. The building’s exterior is painted in light colours, and its glass façade blends seamlessly with the waters of the nearby Persian Gulf. The interiors are also sumptuously finished in a minimalist fashion. Residents will be able to enjoy spacious rooms, high-quality finishing, furniture, and décor elements in neutral shades, as well as panoramic views of the man-made island.
Financial attractiveness
While the complex is at the early stages of construction, buyers can purchase local residences at reduced prices, which currently start at AED 7 million (USD 1.9 million). As the project approaches completion, it will become more expensive, so investors who close the deal early, will achieve guaranteed capital gains. For foreign investors, an additional advantage of purchasing real estate in this upmarket complex is the eligibility for a five-year Golden Visa with residence rights.
Location
The tree-shaped island with luxury hotels, tall buildings and luxurious restaurants deservedly attracts the attention of investors. From the embankment, you can enjoy a view of the Dubai coastline and the Burj Al Arab Hotel. The first and most compact of all (and there are three) man-made islands that make up the shape of a Palm Tree.
"The eighth wonder of the world", built by human hands and visible even from space.
Developer
Roya is a luxury real estate development company with headquarters in Dubai, United Arab Emirates. Founded under the leadership of real estate industry professionals with over 30 years of experience, Roya seeks to create luxury spaces fit for refined...
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