Baltic in Palm Jumeirah - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Baltic

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	124	39,414	4,900,000

The price of an apartment in Baltic is 39,414 AED/sqm on average.

Price for completed 1 bedroom apartment in Baltic is 4,900,000 AED or 39,414 AED/sqm.

About Baltic

'Baltic' in 'Palm Jumeirah' area project description

The Baltic project in Palm Jumeirah stands as a testament to luxury and high-end living in Dubai, encapsulating the opulence and exclusivity associated with one of the world's most iconic man-made islands. Located in the prestigious Palm Jumeirah area, Baltic offers a unique blend of contemporary architecture, elegant design, and unparalleled views of the Arabian Gulf, making it a sought-after destination for discerning buyers and investors.

Baltic is a residential project that features a range of high-end properties, including lavish apartments, penthouses, and exclusive villas. Each unit is meticulously designed to provide residents with an extraordinary living experience, combining both style and functionality. The interiors are adorned with premium fittings and fixtures, sourced from renowned international brands, ensuring that every aspect of the home exudes sophistication and comfort. Floor-to-ceiling windows allow for abundant natural light and offer breathtaking panoramic views of the surrounding seascape and the Dubai skyline.

One of the highlights of the Baltic project is its prime location on the Palm Jumeirah. Residents have direct access to pristine private beaches, enabling them to enjoy the tranquil waters of the Arabian Gulf right at their doorstep. Additionally, the project includes lush landscaped gardens and outdoor spaces, creating a serene environment that contrasts beautifully with the vibrant energy of Dubai. These outdoor areas are perfect for leisure and relaxation, featuring infinity pools, sun decks, and cabanas.

The Baltic project is also equipped with a host of world-class amenities aimed at enhancing the lifestyle of its residents. These include state-of-the-art fitness centers, wellness and spa facilities, gourmet restaurants, and exclusive lounges. For families, there are dedicated play areas for children, ensuring that all age groups have their share of recreational spaces. Moreover, residents can benefit from 24/7 concierge services, providing an added layer of convenience and security.

The strategic location of Baltic on Palm Jumeirah means that residents are within close proximity to some of Dubai's top attractions and establishments, such as the Atlantis The Palm, The Pointe, and a variety of high-end retail outlets and dining options. The island is well-connected to the mainland, making it easy for residents to access the business districts, entertainment hubs, and cultural landmarks of Dubai.

Overall, the Baltic project epitomizes luxury living in one of the most distinguished locales in Dubai. With its exquisite design, premium amenities, and prime beachfront location, it offers a lifestyle that is both exclusive and highly desirable.

Q&A on Baltic

What are the advantages of 'Baltic' project in Dubai for property buyers? What are the disadvantages?

Advantages of the 'Baltic' Project in Palm Jumeirah:

1. Prime Location: Situated on the iconic Palm Jumeirah, a globally recognized address known for luxury and exclusivity.
2. High ROI Potential: Palm Jumeirah properties typically enjoy strong appreciation rates, presenting good return on investment potential.
3. Exclusive Waterfront Living: Direct access to beaches and stunning sea views enhance the quality of living.
4. World-Class Amenities: Access to high-end amenities such as private beaches, lavish swimming pools, state-of-the-art fitness centers, and gourmet dining options.
5. Prestige and Status: Owning a property on the Palm Jumeirah is often seen as a symbol of wealth and success.
6. Security: High levels of security contribute to the peace of mind for residents.
7. Proximity to Key Areas: Close to Dubai Marina, JBR, and business districts, providing easy access to business, leisure, and entertainment hubs.
8. Quality of Construction: Known for high construction standards and luxury finishes.

Disadvantages of the 'Baltic' Project in Palm Jumeirah:

1. High Cost: Premium pricing can be a barrier to many potential buyers.
2. HOA Fees: Maintenance and Homeowner Association fees are often higher compared to other areas.
3. Traffic and Accessibility: Potential for congestion and longer travel times during peak hours due to limited entry and exit points.
4. Overdevelopment Concerns: Potential risk of overdevelopment in the future which may affect exclusivity and environment.
5. Limited Resale and Rental Market: Niche market means properties may take longer to sell or rent out compared to more populous areas.
6. Environmental Concerns: Potential concerns over the long-term sustainability of man-made island developments.
7. Exposure to Market Volatility: Luxury properties can be more susceptible to price fluctuations based on market conditions.
8. Distance to Mainland: Though close to key areas, some might find the commute to central parts of Dubai slightly longer than inland locations.

What projects are better than 'Baltic' project in Dubai which are located close by, and why?

- The Royal Atlantis Resort & Residences: Offers ultra-luxury living with stunning views, world-class amenities, and designed by renowned architects. It's a newer and more prestigious development compared to the Baltic project.

- One at Palm Jumeirah by Omniyat: Known for its exclusive, high-end residences and top-notch facilities. Features grand design and superior interiors by Japanese designer Super Potato.

- FIVE Palm Jumeirah: This project is a blend of luxury and vibrant lifestyle with excellent dining, nightlife, and wellness facilities, providing a unique living experience.

- W Residences Dubai – The Palm: Known for its branded residences, this development provides unparalleled luxury, private beach access, and exceptional services exclusive to its residents.

- XXII Carat Club Villas: Offers ultra-luxurious, ready-to-move villas with private pools, expansive lawns, and Mediterranean-style architecture, catering to those seeking exclusivity.

- Serenia Residences: Features beachfront living with a focus on wellness, boasting panoramic views, state-of-the-art gym, and multiple swimming pools, providing a serene environment.

- Palm Jumeirah Crescent Apartments: Offers a variety of high-end apartments with private beach access, high-quality interiors, and close proximity to Atlantis, giving residents a resort-like feel.

These mentioned projects offer superior amenities, prestige, and unique lifestyle features that typically surpass the offerings of the Baltic project.

What are the closest schools to 'Baltic' project in Dubai?

1. American School of Dubai
- Location: Al Barsha, Dubai

2. Dubai American Academy
- Location: Al Barsha, Dubai

3. GEMS Wellington International School
- Location: Al Sufouh, Dubai

4. Regent International School
- Location: The Greens, Dubai

5. The International School of Choueifat
- Location: Al Sufouh, Dubai

What are the closest medical clinics to 'Baltic' project in Dubai?

1. Emirates Hospitals Clinic - Palm Jumeirah: Located at Building 9, The Golden Mile Galleria, Palm Jumeirah, Dubai.
2. Al Zahra Hospital Dubai - Sheikh Zayed Road: Situated in Al Barsha 1, right off Sheikh Zayed Road, near to Mall of the Emirates.
3. King's College Hospital London - Dubai Marina: Located in The Residences at Marina Gate I, Dubai Marina.
4. Saudi German Hospital Dubai: Positioned in Al Barsha 3, Hessa Street, close to the intersection with Sheikh Zayed Road.
5. Dubai London Clinic - Jumeirah: Found on Al Wasl Road, Jumeirah 1, near to the Jumeirah Beach Park.