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No. of bedrooms
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Exclusive Duplex 4 BR Penthouse at the fabulous The 8 Project (Palm Jumeirah, Dubai)

AED 16,500,000
BUA4,370 ft2
Price per ft23,271 AED
Property typeDuplex Apartment
AreaPalm Jumeirah
DevelopmentThe 8
ID (Ref.No)imex-456900
Plot area5,043 ft2
Operated by HotelYES
DeveloperIFA
Primary viewsea view
Secondary viewMarina
Exclusive Duplex 4 BR Penthouse at the fabulous The 8 Project

IMEX Real Estate is happy to offer you this very exclusive Duplex 4 bedroom Penthouse at the fabulous The 8 Project on the man-made island of Palm Jumeirah!

It comes with Palm/Sea/Marina view, a Maid’s room.

Size: 5,043 sq.ft.

Two storeys

Exquisite designer’s touch

Price: AED16,500,000

MORE POSITIVES FOR INVESTORS INCLUDE:

  • Project is 92% complete. 
  • Handover is currently schedule on Q1 of 2019
  • Special offering 5 YEARS FREE service fees!!! (22-24AED psft afterwards)
  • ROI predicted 7-10% (option for attractive short term holiday rentals for residential apartments – managed service),
  • Residences will enjoy privacy as well as full access to Delano hotel facilities including discounts at bars/restaurants.
  • Perfect resort living

Facilities:

  • Signature Beachfront Restaurant and Bar
  • Beach Cabanas and Snack Bar
  • Water Sports Facilities
  • Residents' Pool
  • Kid's Area & Dedicated Pool
  • Coffee Shop/Deli
  • Gym & Tennis Court
  • BBQ & Event Area
  • Visitor Parking
  • Concierge, 24/7 Security & Access Control
  • Storage Unit Rental
  • Landscaped Gardens and Water Features Throughout

Standard payment plan:

10% deposit

10% 90 days

10% handover

70% spread over 16-24 months (can be extended up to 36 months)

With full finishing from leading interior designers as well as high quality marble flooring, wall finishing and interior fittings the property combines private living with resort and community facilities within the resort.

Both kitchens, closed and living room cooking island will be fully fitted with a range of top spec Miele appliances

Three parking spots will be allocated for the Penthouse

Also, residents will have an opportunity of entering rental pool program, when the buyer can (short-term) rent the unit.

ABOUT THE 8:

Simple yet bold, the perfect blend of symmetry and sophistication. Its clean and curvaceous lines have influenced art, fashion, design and architecture. A symbol of good fortune. A change in perspective and it becomes infinity. Count the floors of this modern beachfront development and you’ll find 8 storeys ready to unfold.

Welcome to cool, chic Miami style living, the design is sophisticated and clean with a contemporary touch. Lightweight architecture and spaciousness are carried throughout the design, from the exterior focus on wide-open balconies to the airy and sleek interior where space is adorned with modern finishes. More art gallery than apartment, The 8 will be one of the Palm Jumeirah’s most distinguished addresses. 

Facilities
  • 24 hour maintenance
  • 24 hour security
  • Balcony
  • Concierge facility
  • Internet Access
  • Lease Management
  • Licensed Restaurant
  • Property Management
  • Quality house-keeping
  • Shopping centre
  • Restaurants
Location
Floor Plans
Related offers
AED 16,500,000
BUA4,370 ft2
Price per ft23,271 AED
Property typeDuplex Apartment
AreaPalm Jumeirah
DevelopmentThe 8
ID (Ref.No)imex-456900
Plot area5,043 ft2
Operated by HotelYES
DeveloperIFA
Primary viewsea view
Secondary viewMarina
Watch video
Oleg Lavrik
Agent | BRN: 5201
Language: Russian
Office Tel: +971 4 3951911
Tel: +7 903 232 80 80
Tel: +971 50 2528188    
E-mail: oleg@imexre.com
Skype: resident69

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Lease process (Rent out)

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)

1 hour

Contract of the lessee and agency.

Up to 5 days

Real estate search.

Selection of optimal options.

Up to 2 days

Signing of the lease agreement

Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process

1 hour

Contract of the tenant and agency.

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

1 Week

Registration of the contract of purchase / sale

Customer charges:

  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration

Additional services:

Property management

Sales Process

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

None

the management process

1 hour

Contract of the owner and agency

1 year

Rendering of management services

1 day

Reporting

Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process

1 hour

Contract of the tenant and agency.

From 3 days

Selection of optimal investment options

1 Week

Registration of the contract of purchase / sale

Expenses of the investor:

  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration

Additional services:

Property management