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ROThe SLS Residences Palm complex in Dubai
The off-plan residential complex SLS Residences Palm is one of the few new projects on Palm Jumeirah Island. The residential complex will be located in the west of the archipelago, next to the five-star W Dubai hotel.
The complex is a nine-storey building with an exclusive design. It will have spacious terraces with smooth contours and large panoramic windows that offer wonderful views of the sea.
Near the residential complex, public spaces will be arranged: a large landscape swimming pool overlooking the sea, landscaped gardens, and an area with sun loungers for relaxation and sunbathing. Apartment owners in the new SLS Residences Palm will have access to a private, well-maintained sandy beach with all the necessary facilities.
On the territory of the residential complex, the following amenities will also be available:
- A lounge area with space for private dinners
- A beach club
- A fitness centre
- A children's club
- Spa rooms
- A playroom with different kinds of games
- A recording studio.
In total, there are 113 luxury residences in the residential complex. Windows and terraces of apartments will offer stunning views of Dubai’s skyscrapers. On the ground floor of the apartment building, there will be 13 flagship residences with two, three, and four bedrooms, each with its own garden.
Real estate on Palm Jumeirah, Dubai, UAE
Palm Jumeirah is a man-made complex of islands shaped like a palm tree surrounded by a crescent moon. The construction of the archipelago helped to significantly expand the coastline of Dubai. Real estate on the island is represented by hotel complexes, luxury villas, and high-end apartments. The apartments are available in different areas and layouts, ranging from small one-bedroom units to penthouses occupying an entire floor or even two floors.
SLS Residences Palm is one of the new developments that are still under construction. Only luxurious real estate options will be presented here:
- High-ceilinged apartments with two and three bedrooms
- Duplexes with three and four bedrooms
- Three exclusive penthouses with three and four bedrooms.
All residences are very spacious and bright, ranging in size from 155 square metres to 557 square metres.
Property for sale in SLS Residences Palm
Foreign citizens are eligible to purchase apartments in SLS Residences Palm, which grants them full ownership of their properties. During the construction phase of the building, you have the opportunity to acquire exclusive real estate directly from the developer at a substantial discount. Upon completion of construction, the cost of residences will increase.
This new luxury residential complex is managed by a prestigious hotel brand and has a minimum real estate value of AED 7 million ($1.9 million). Current offers for the sale of apartments can be found in a dedicated catalogue on the website.
Off-plan property buyers in SLS Residences Palm are eligible for a 60/40 interest-free payment plan. This means that 60% of the total amount is paid during the construction phase, and 40% is paid after the building is ready for occupancy. The initial deposit for reserving a property is 10% of the total amount.
Foreign citizens who purchase property in SLS Residences Palm can receive a Golden Visa granting residency rights and valid for five years.
