Grandeur Residences in Palm Jumeirah - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Grandeur Residences

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	103	20,724	2,133,833
2	350	21,521	7,542,000

Rents in Grandeur Residences

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	104	1,298	135,000
2	163	1,043	170,000

The cap rate (rental yield) of investments into Grandeur Residences project is 5.4% on average.

The price of an apartment in Grandeur Residences is 21,148 AED/sqm on average.

The long term rent of an apartment in Grandeur Residences is 1,142 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Grandeur Residences is 2,133,833 AED or 20,724 AED/sqm.
Price for completed 2 bedroom apartment in Grandeur Residences is 7,542,000 AED or 21,521 AED/sqm.

Rent for 1 bedroom apartment in Grandeur Residences is 135,000 AED or 1,298 AED/sqm.
Rent for 2 bedroom apartment in Grandeur Residences is 170,000 AED or 1,043 AED/sqm.

About Grandeur Residences

'Grandeur Residences' in 'Palm Jumeirah' area project description

Grandeur Residences is a luxurious residential development located in Dubai, United Arab Emirates. It is a joint venture between the renowned Emaar Properties and the Al-Futtaim Group. The project is located in the heart of Dubai, in the vibrant Downtown Dubai district. It offers a selection of one, two, three and four bedroom apartments, as well as penthouses and duplexes.

The residences are designed to provide a luxurious living experience with modern amenities and features. The apartments are spacious and well-appointed, with floor-to-ceiling windows that offer stunning views of the city skyline. The development also features a range of amenities and facilities, including a fully-equipped gym, a swimming pool, a children’s play area, and a multi-purpose court.

Grandeur Residences is surrounded by a variety of shopping, dining and entertainment options, as well as a range of leisure activities. The development is also close to the Dubai Mall, the world’s largest shopping mall, and the Burj Khalifa, the world’s tallest building.

The development is also conveniently located close to the Dubai Metro, making it easy to get around the city. The development is also close to a range of educational institutions, including the American University in Dubai and the Dubai International Academic City.

Grandeur Residences is a luxurious residential development that offers a unique living experience in the heart of Dubai. It is surrounded by a range of amenities and facilities, as well as a variety of shopping, dining and entertainment options. The development is also conveniently located close to the Dubai Metro, making it easy to get around the city.

Q&A on Grandeur Residences

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

1. Prime Location: Grandeur Residences is located in the heart of Dubai, making it an ideal choice for real estate buyers who are looking for a convenient and desirable location.

2. Luxury Amenities: Grandeur Residences offers a range of luxurious amenities, including a swimming pool, gym, sauna, steam room, and spa.

3. Quality Construction: Grandeur Residences is built with the highest quality materials and construction standards, ensuring that the property is of the highest quality.

4. High Rental Yields: Grandeur Residences offers high rental yields, making it an attractive option for real estate buyers looking to generate income from their investment.

5. High Resale Value: Grandeur Residences has a high resale value, making it a great option for real estate buyers looking to make a profit from their investment.

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

- The Royal Atlantis Resort & Residences: Offers ultra-luxurious residences with access to world-class amenities, including private beach access, high-end dining, and spa facilities. The design and architecture are iconic, setting a new standard for luxury living in Dubai.

- One at Palm Jumeirah by Dorchester Collection: Known for its exclusive, limited number of residences with impeccable design and high-end materials. Residents enjoy personalized services, private pools, and expansive views that are unmatched.

- W Residences Dubai - The Palm: Features hotel-style services and amenities provided by W Hotels, along with breathtaking views of the Arabian Gulf. Privacy and exclusivity are key, with a limited number of units ensuring a tranquil living experience.

- Alef Residences: Provides bespoke living spaces, with direct access to a private beach and managed by the renowned W Hotel. They offer a balance of modern living with traditional Arabian aesthetics.

- Serenia Residences: Emphasizes a serene lifestyle with its beachfront location and an array of nature-inspired amenities such as botanical gardens and lagoon-style swimming pools. It offers a tranquil environment while being close to all prime locations in Palm Jumeirah.

- XXII Carat Club Villas: Cater to high-net-worth individuals seeking privacy and opulence. Each villa comes with spacious layouts, private pools, and direct beach access. The architecture and interior design are focused on regal, classical styles.

- Muraba Residences: Noted for its contemporary, minimalist design aimed at maximizing light and space. The property offers smart home technology, cutting-edge architecture, and stunning views of both the city skyline and the ocean.

These projects not only offer proximity but elevate the standard of luxury through superior amenities, architectural design, and exclusive services.