Seven Hotel and Apartments The Palm

Ready

DeveloperSEVEN TIDES REAL ESTATE DEVELOPMENT L.L.C

CommunityPalm Jumeirah

AreaPalm Jumeirah

Started

8 years 4 months ago01-09-2017

Handover

3 years 2 months ago31-10-2022

Status

CompleteFinished

Project Description

2 Towers of Hotel, hotel apartments and residential apartments building with 2 basements + G + M + 14 floors on plot No 220, Palm Jumeira with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Falling

-3%

Decline

Current:AED 3,193/sqft

Last 12M:AED 3,293/sqft

Momentum: Last 12Mvs Prior Year

Stable

Growth

Last 12M:AED 3,293/sqft

Prior Year:AED 3,309/sqft

Community Compare: Last 90DPalm Jumeirah

Discount

-4%

Below Avg

Project:AED 3,161/sqft

Community:AED 3,306/sqft

Liquidity: Last 12MExit Speed

Low

6%Turnover

70Sold (Last 12M)

Supply & Demand Matrix

Seven Hotel and Apartments The Palm averaged 6% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

Studio

695 units

49 sold646 left

Velocity

1 Bedroom

374 units

14 sold360 left

Velocity

2 Bedrooms

31 units

6 sold25 left

19%

Velocity

3 Bedrooms

14 units

1 sold13 left

Velocity

4 Bedrooms

1 units

0 sold1 left

Velocity

5 Bedrooms

1 units

0 sold1 left

Velocity

Shop

8 units

0 sold8 left

Velocity

Layouts & Units (1,124)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 3 units	Type Flat	Beds Studio	Size 384 sqft	Avg Price AED 1.6M	Last Price AED 1.8M	Last Sold 7 days ago	Sales 2

Units 145 units	Type Hotel Apartment	Beds Studio	Size 354 sqft	Avg Price AED 1.1M	Last Price AED 1.0M	Last Sold 10 days ago	Sales 39

Units 8 units	Type Flat	Beds 2 B/R	Size 1,114 sqft	Avg Price AED 3.2M	Last Price AED 3.2M	Last Sold about 1 month ago	Sales 1

Units 49 units	Type Flat	Beds Studio	Size 352 sqft	Avg Price AED 1.4M	Last Price AED 1.6M	Last Sold about 1 month ago	Sales 10

Units 28 units	Type Flat	Beds Studio	Size 335 sqft	Avg Price AED 1.3M	Last Price AED 1.5M	Last Sold about 1 month ago	Sales 8

Units 26 units	Type Flat	Beds 1 B/R	Size 740 sqft	Avg Price AED 2.1M	Last Price AED 2.1M	Last Sold about 2 months ago	Sales 4

Units 17 units	Type Flat	Beds Studio	Size 360 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold about 2 months ago	Sales 4

Units 6 units	Type Hotel Apartment	Beds 1 B/R	Size 823 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold 2 months ago	Sales 1

Units 69 units	Type Flat	Beds Studio	Size 355 sqft	Avg Price AED 1.3M	Last Price AED 1.5M	Last Sold 3 months ago	Sales 10

Units 107 units	Type Flat	Beds 1 B/R	Size 715 sqft	Avg Price AED 2.2M	Last Price AED 2.2M	Last Sold 3 months ago	Sales 8

Units 2 units	Type Flat	Beds 1 B/R	Size 747 sqft	Avg Price AED 1.7M	Last Price AED 1.7M	Last Sold 3 months ago	Sales 1

Units 10 units	Type Hotel Rooms	Beds Studio	Size 316 sqft	Avg Price AED 1.1M	Last Price AED 1.4M	Last Sold 3 months ago	Sales 5

Units 13 units	Type Flat	Beds 2 B/R	Size 1,105 sqft	Avg Price AED 3.1M	Last Price AED 3.0M	Last Sold 3 months ago	Sales 3

Units 10 units	Type Hotel Rooms	Beds Studio	Size 332 sqft	Avg Price AED 1.1M	Last Price AED 1.4M	Last Sold 4 months ago	Sales 2

Units 111 units	Type Hotel Rooms	Beds Studio	Size 354 sqft	Avg Price AED 1.1M	Last Price AED 1.4M	Last Sold 4 months ago	Sales 16

Units 12 units	Type Flat	Beds 1 B/R	Size 792 sqft	Avg Price AED 2.3M	Last Price AED 2.3M	Last Sold 4 months ago	Sales 1

Units M51	Type Flat	Beds 2 B/R	Size 988 sqft	Avg Price AED 2.8M	Last Price AED 3.1M	Last Sold 6 months ago	Sales 2

Units 5 units	Type Hotel Rooms	Beds Studio	Size 439 sqft	Avg Price AED 1.2M	Last Price AED 975K	Last Sold 7 months ago	Sales 2

Units 4 units	Type Hotel Apartment	Beds Studio	Size 428 sqft	Avg Price AED 1.2M	Last Price AED 1.3M	Last Sold 7 months ago	Sales 2

Units 8 units	Type Flat	Beds 3 B/R	Size 1,671 sqft	Avg Price AED 6.2M	Last Price AED 6.2M	Last Sold 8 months ago	Sales 1

Units 3 units	Type Flat	Beds 2 B/R	Size 1,139 sqft	Avg Price AED 3.9M	Last Price AED 4.0M	Last Sold 8 months ago	Sales 2

Units 105	Type Flat	Beds Studio	Size 423 sqft	Avg Price AED 1.6M	Last Price AED 1.8M	Last Sold 10 months ago	Sales 2

Units M52	Type Flat	Beds Studio	Size 305 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold 11 months ago	Sales 1

Units 7 units	Type Hotel Apartment	Beds 1 B/R	Size 905 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold 12 months ago	Sales 1

Units 14 units	Type Flat	Beds 1 B/R	Size 720 sqft	Avg Price AED 2.2M	Last Price AED 2.4M	Last Sold 12 months ago	Sales 3

Units 8 units	Type Flat	Beds 1 B/R	Size 644 sqft	Avg Price AED 1.7M	Last Price AED 1.7M	Last Sold 12 months ago	Sales 1

Units 12 units	Type Flat	Beds Studio	Size 493 sqft	Avg Price AED 1.5M	Last Price AED 1.6M	Last Sold about 1 year ago	Sales 3

Units 18 units	Type Hotel Apartment	Beds Studio	Size 359 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold about 1 year ago	Sales 3

Units 20 units	Type Flat	Beds 1 B/R	Size 844 sqft	Avg Price AED 2.9M	Last Price AED 2.9M	Last Sold about 1 year ago	Sales 1

Units 7 units	Type Flat	Beds Studio	Size 343 sqft	Avg Price AED 1.3M	Last Price AED 1.4M	Last Sold about 1 year ago	Sales 7

Units 8 units	Type Hotel Apartment	Beds Studio	Size 368 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold about 1 year ago	Sales 1

Units 19 units	Type Flat	Beds Studio	Size 378 sqft	Avg Price AED 1.4M	Last Price AED 1.1M	Last Sold about 1 year ago	Sales 3

Units 7 units	Type Hotel Apartment	Beds Studio	Size 724 sqft	Avg Price AED 2.1M	Last Price AED 2.1M	Last Sold about 1 year ago	Sales 1

Units 19 units	Type Flat	Beds Studio	Size 315 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold over 1 year ago	Sales 1

Units 2 units	Type Hotel Rooms	Beds Studio	Size 510 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold over 1 year ago	Sales 1

Units 3 units	Type Flat	Beds Studio	Size 406 sqft	Avg Price AED 1.5M	Last Price AED 1.5M	Last Sold over 1 year ago	Sales 1

Units 5 units	Type Flat	Beds Studio	Size 364 sqft	Avg Price AED 1.5M	Last Price AED 1.5M	Last Sold over 1 year ago	Sales 2

Units 28 units	Type Hotel Apartment	Beds 1 B/R	Size 721 sqft	Avg Price AED 2.5M	Last Price AED 1.7M	Last Sold over 1 year ago	Sales 6

Units 3 units	Type Hotel Rooms	Beds Studio	Size 396 sqft	Avg Price AED 1.6M	Last Price AED 1.6M	Last Sold over 1 year ago	Sales 1

Units 8 units	Type Flat	Beds 1 B/R	Size 773 sqft	Avg Price AED 2.8M	Last Price AED 2.9M	Last Sold over 1 year ago	Sales 2

Units 2 units	Type Flat	Beds Studio	Size 413 sqft	Avg Price AED 1.5M	Last Price AED 1.5M	Last Sold over 1 year ago	Sales 1

Units 6 units	Type Flat	Beds Studio	Size 377 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold almost 2 years ago	Sales 1

Units 2 units	Type Flat	Beds Studio	Size 324 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold almost 2 years ago	Sales 1

Units 5 units	Type Hotel Rooms	Beds 1 B/R	Size 716 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold almost 2 years ago	Sales 1

Units GIFT SHOP	Type Shop	Beds —	Size 145 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 6	Type Shop	Beds —	Size 1,005 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 7	Type Shop	Beds —	Size 2,330 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 5	Type Shop	Beds —	Size 3,081 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 4	Type Shop	Beds —	Size 3,791 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 1	Type Shop	Beds —	Size 4,123 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL 3	Type Shop	Beds —	Size 4,131 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units SPECIALITY RESTAURANT	Type Shop	Beds —	Size 5,081 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units M53	Type Flat	Beds 1 B/R	Size 557 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 642 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 650 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 657 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 13 units	Type Flat	Beds 1 B/R	Size 659 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 12 units	Type Flat	Beds 1 B/R	Size 676 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 14 units	Type Hotel Apartment	Beds 1 B/R	Size 681 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1410	Type Flat	Beds 1 B/R	Size 696 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 326	Type Flat	Beds 1 B/R	Size 702 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 706 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1305	Type Flat	Beds 1 B/R	Size 752 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1455	Type Hotel Apartment	Beds 1 B/R	Size 755 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 14 units	Type Hotel Apartment	Beds 1 B/R	Size 765 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1366	Type Hotel Apartment	Beds 1 B/R	Size 768 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 392	Type Hotel Rooms	Beds 1 B/R	Size 777 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Hotel Apartment	Beds 1 B/R	Size 778 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units M01	Type Flat	Beds 1 B/R	Size 779 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1165	Type Hotel Apartment	Beds 1 B/R	Size 785 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Hotel Rooms	Beds 1 B/R	Size 786 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 236	Type Flat	Beds 1 B/R	Size 793 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Hotel Apartment	Beds 1 B/R	Size 794 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 407	Type Flat	Beds 1 B/R	Size 805 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Hotel Rooms	Beds 1 B/R	Size 807 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1304	Type Flat	Beds 1 B/R	Size 821 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1164	Type Hotel Apartment	Beds 1 B/R	Size 832 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1364	Type Hotel Apartment	Beds 1 B/R	Size 838 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1407	Type Flat	Beds 1 B/R	Size 841 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 850 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Hotel Apartment	Beds 1 B/R	Size 862 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5 units	Type Hotel Apartment	Beds 1 B/R	Size 867 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 10 units	Type Hotel Apartment	Beds 1 B/R	Size 868 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1301	Type Flat	Beds 1 B/R	Size 883 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 13 units	Type Flat	Beds 1 B/R	Size 954 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 8 units	Type Hotel Apartment	Beds 1 B/R	Size 996 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1368	Type Hotel Apartment	Beds 1 B/R	Size 1,000 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1302	Type Flat	Beds 1 B/R	Size 1,012 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1306	Type Flat	Beds 2 B/R	Size 1,100 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 251	Type Flat	Beds 2 B/R	Size 1,109 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 1,301 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 406	Type Flat	Beds 2 B/R	Size 1,433 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 703	Type Flat	Beds 2 B/R	Size 1,671 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units M03	Type Flat	Beds 3 B/R	Size 1,521 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 3 B/R	Size 1,674 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1303	Type Flat	Beds 3 B/R	Size 1,765 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1402	Type Flat	Beds 3 B/R	Size 1,932 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1401	Type Flat	Beds 4 B/R	Size 7,932 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1457	Type Hotel Apartment	Beds 5 B/R	Size 7,967 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5 units	Type Flat	Beds Studio	Size 318 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds Studio	Size 332 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 9 units	Type Hotel Rooms	Beds Studio	Size 352 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 9 units	Type Hotel Rooms	Beds Studio	Size 359 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 12 units	Type Hotel Rooms	Beds Studio	Size 367 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds Studio	Size 368 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Hotel Rooms	Beds Studio	Size 371 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Hotel Rooms	Beds Studio	Size 377 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1454	Type Hotel Apartment	Beds Studio	Size 377 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds Studio	Size 391 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 572	Type Hotel Rooms	Beds Studio	Size 392 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds Studio	Size 396 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds Studio	Size 400 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Hotel Rooms	Beds Studio	Size 405 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds Studio	Size 409 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 573	Type Hotel Rooms	Beds Studio	Size 410 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 391	Type Hotel Rooms	Beds Studio	Size 414 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds Studio	Size 420 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 198	Type Hotel Rooms	Beds Studio	Size 422 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Hotel Rooms	Beds Studio	Size 425 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Hotel Apartment	Beds Studio	Size 427 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds Studio	Size 429 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds Studio	Size 441 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 473	Type Hotel Rooms	Beds Studio	Size 450 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1318	Type Flat	Beds Studio	Size 489 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 551	Type Hotel Rooms	Beds Studio	Size 492 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 9 units	Type Hotel Rooms	Beds Studio	Size 495 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Hotel Rooms	Beds Studio	Size 513 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 9 units	Type Hotel Apartment	Beds Studio	Size 522 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Hotel Rooms	Beds Studio	Size 526 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Hotel Rooms	Beds Studio	Size 530 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1453	Type Hotel Apartment	Beds Studio	Size 578 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Hotel Rooms	Beds Studio	Size 629 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 570	Type Hotel Rooms	Beds Studio	Size 636 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 1363	Type Hotel Apartment	Beds Studio	Size 686 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 571	Type Hotel Rooms	Beds Studio	Size 722 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 470	Type Hotel Rooms	Beds Studio	Size 735 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 471	Type Hotel Rooms	Beds Studio	Size 822 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

137 unique layouts covering 1,124 units