The 8 in Palm Jumeirah - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for completed properties in The 8
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
2
191
18,400
3,512,500
Rents in The 8
Rooms
Size, sqm
Rent, AED/sqm/ year
Rent, AED
2
124
1,774
220,000
The cap rate (rental yield) of investments into The 8 project is 9.6% on average.
The price of an apartment in The 8 is 18,400 AED/sqm on average.
The long term rent of an apartment in The 8 is 1,774 AED/sqm/year on average.
Price for completed 2 bedroom apartment in The 8 is 3,512,500 AED or 18,400 AED/sqm.
Rent for 2 bedroom apartment in The 8 is 220,000 AED or 1,774 AED/sqm.
About The 8
'The 8' in 'Palm Jumeirah' area project description
The 8 is an ultra-sleek, 8-storey mixed-use development on Plot No. PJCRC14 at The Crescent, Palm Jumeirah, Dubai, inspired by the fashion, glamour, and jet-set lifestyle of Miami Beach. Developed by IFA Hotels & Resorts, it features 300 residential units, primarily 2- and 3-bedroom apartments, along with a limited number of penthouses and signature townhouses. A branded hotel apartment section, Mansio at Th8 (previously managed by Accor, now IHG's Vignette Collection), offers 110 luxury fully-furnished beachfront rooms. Construction mobilization works were in progress as of recent updates, with the project positioned as ready to move in, blending modern contemporary living with European finishes, natural stone floors, and perfect wall detailing.
The architecture emphasizes lightweight, spacious design with wide-open balconies, airy interiors, private gardens, entertainment decks, and pools in townhouses, plus private lifts in duplex penthouses. Its clean, chic Miami-style aesthetic creates an art gallery-like ambiance, complemented by sophisticated concierge services for maintenance, dry cleaning, and more. Asset management and operations are overseen by IFA Hotel Investments, ensuring high-end resort-style service with 24/7 security, access control, and trained personnel.
Amenities cater to a luxurious beachfront lifestyle, including a signature beachfront restaurant, beach cabanas, snack bar, water sports rentals, residents' pool, kids' area with dedicated pool, coffee shop/deli, gymnasium, tennis courts, basketball court, BBQ and event areas, spa (Pure by Serenity), sauna, steam room, jacuzzi, infinity and standard pools, outdoor gym, running track, jogging and cycling trails, gardens, parks, retail outlets, visitor parking, valet, smart home technology, high-speed internet, video security, prayer room, and meeting room.
Strategically located on The Crescent of the world's largest artificial island, Palm Jumeirah, The 8 provides direct beach access via its beachfront positioning - residents can walk to the pristine Gulf shoreline in minutes through dedicated paths and landscaped water features. Driving times include 5 minutes to central Palm Jumeirah, 17 minutes to Burj Al Arab and The Walk JBR, 21 minutes to Dubai Mall and Dubai Autodrome, and 24 minutes to Mall of the Emirates and Emirates Golf Club.
Nearby projects enhance the vibrant frond community, including Balqis Residence on Palm Jumeirah, with its apartments and townhouses, alongside the island's iconic beachfront mansions, hotels, and recreational facilities across the 17 fronds. This prime positioning solidifies The 8 as a distinguished address in Dubai's premier waterfront destination.
Q&A on The 8
What are the closest medical clinics to 'The 8' project in Dubai?
- Emirates Hospital Clinic, Palm Jumeirah - Al Das Medical Clinic, Shoreline Apartments, Palm Jumeirah - Dr. Joy Dental Clinic, Palm Jumeirah - Marina Medical Center, Dubai Marina - Saudi German Hospital Clinic, Jumeirah Beach Residences