Royal Amwaj in Palm Jumeirah - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for completed properties in Royal Amwaj
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
Studio
50
34,771
1,750,000
1
142
24,712
3,512,500
2
169
21,857
3,700,000
Rents in Royal Amwaj
Rooms
Size, sqm
Rent, AED/sqm/ year
Rent, AED
1
117
1,282
150,000
2
163
1,547
252,667
The cap rate (rental yield) of investments into Royal Amwaj project is 5.7% on average.
The price of an apartment in Royal Amwaj is 24,758 AED/sqm on average.
The long term rent of an apartment in Royal Amwaj is 1,418 AED/sqm/year on average.
Price for completed Studio apartment in Royal Amwaj is 1,750,000 AED or 34,771 AED/sqm. Price for completed 1 bedroom apartment in Royal Amwaj is 3,512,500 AED or 24,712 AED/sqm. Price for completed 2 bedroom apartment in Royal Amwaj is 3,700,000 AED or 21,857 AED/sqm.
Rent for 1 bedroom apartment in Royal Amwaj is 150,000 AED or 1,282 AED/sqm. Rent for 2 bedroom apartment in Royal Amwaj is 252,667 AED or 1,547 AED/sqm.
About Royal Amwaj
'Royal Amwaj' in 'Palm Jumeirah' area project description
Royal Amwaj is a luxurious residential development located on the eastern crescent of The Palm Jumeirah in Dubai. The project is a collaboration between Dubai-based developer, Meraas, and Saudi-based Al-Touq Group. The project comprises of two residential towers, each with its own distinct architectural style. The first tower, Royal Amwaj I, is a modern, contemporary design with a sleek and modern façade. The second tower, Royal Amwaj II, is a more traditional design with a classic Arabian style. Both towers offer stunning views of the Arabian Gulf and the Dubai skyline.
The project offers a range of luxurious amenities for residents, including a private beach, infinity pool, spa, gym, and a variety of restaurants and cafes. The development also features a range of retail outlets, including a supermarket and pharmacy. Residents can also enjoy a range of leisure activities, such as a tennis court, squash court, and a children’s play area.
The development is conveniently located close to a number of attractions, including the Dubai Marina and the Dubai Mall. The project is also close to a number of public transport links, including the Dubai Metro and the Palm Jumeirah Monorail.
Royal Amwaj offers a range of luxurious apartments, ranging from one-bedroom apartments to four-bedroom penthouses. All apartments feature high-quality finishes and modern amenities. The development also offers a range of services, such as 24-hour security, housekeeping, and concierge services.
Royal Amwaj is a luxurious residential development that offers a range of amenities and services for residents. The development is conveniently located close to a number of attractions and public transport links, making it an ideal place to live for those looking for a luxurious lifestyle in Dubai.
Q&A on Royal Amwaj
What are the advantages of 'Royal Amwaj' project in Dubai for property buyers? What are the disadvantages?
1. Prime Location: Royal Amwaj is located in the popular Jumeirah Beach Residence (JBR) area of Dubai, which is one of the most sought-after locations in the city. It is close to the beach, shopping malls, restaurants, and other attractions.
2. Luxury Amenities: Royal Amwaj offers a range of luxury amenities such as a private beach, swimming pools, fitness centers, and a variety of restaurants and cafes.
3. High-end Finishes: The apartments in Royal Amwaj are finished to a high standard, with modern kitchens and bathrooms, and spacious living areas.
4. Affordable Prices: Despite its prime location and luxurious amenities, Royal Amwaj offers competitive prices, making it an attractive option for real estate buyers.
5. Rental Opportunities: Royal Amwaj is a popular choice for investors looking to rent out their properties, as the area is highly sought-after by tenants.
What projects are better than 'Royal Amwaj' project in Dubai which are located close by, and why?
- The Atlantis The Royal Residences: - Luxury: Offers unparalleled luxury with world-class amenities. - Unique Design: Features cutting-edge architecture. - Exclusive Services: Residents have access to the services of Atlantis, The Royal hotel.
- One Palm by Omniyat: - Privacy: Designed with utmost privacy in mind. - Custom Interiors: Customizable interiors by renowned designers. - High-end Amenities: Private jetty, outdoor cinema, and luxury concierge services.
- Serenia Residences: - Seaside Tranquility: Direct beach access for residents. - Architecture: Contemporary design focused on maximizing natural light and sea views. - Community Living: Lush landscaping and a focus on community spaces.
- XXII Carat: - Exclusive Villas: Offers limited, ultra-luxurious beachfront villas. - Quality Craftsmanship: High quality construction and finishing materials. - Elite Lifestyle: Provides a high level of privacy and exclusivity.
- The 8 by IFA: - Resort Living: Inspired by Miami's lifestyle; offers a relaxed, vacation-like atmosphere. - Amenities: Includes a beachfront pool, cabanas, and water sports facilities. - Design: Modern, chic aesthetics with a focus on vibrant, lively interiors.
- W Residences: - Hotel Services: Linked with W Dubai - The Palm, offering comprehensive hotel services. - Lifestyle Choices: Focus on an energetic lifestyle with curated experiences. - Advanced Facilities: State-of-the-art technology and wellness amenities.
Each of these projects offers distinct advantages, from unparalleled luxury and exclusive services to cutting-edge design and exceptional amenities, making them superior options compared to the 'Royal Amwaj' project.