Ready Q4 2024

Palm Jumeirah

Six Senses The Palm

Six Senses Residences, Palm Jumeirah, Dubai

Asking Price

AED 8,460,000

Bedrooms

Bathrooms

1,980

Sq. Ft.

6th Floor

Floor

About This Property

Six Senses The Palm brings wellness-focused branded residences to Dubai. Organic architecture, tropical landscaping, and sustainable design with Six Senses spa access and wellness programs.

Features & Amenities

Six Senses spa access

Wellness programs

Organic architecture

Sustainable design

Private beach

Tropical landscaping

Farm-to-table dining

Holistic lifestyle

Currency

Live rates from ECB

Property Price

AED 8,460,000

Property Details

Property TypeApartment

DeveloperSelect Group

Year Built2024

Parking1 Space

StatusReady Q4 2024

Investment Analysis

Financial Overview

6.0%

Gross Rental Yield

Per Annum

5.4%

Net Rental Yield

After Fees

67.3%

5-Year ROI Projection

Total Return

Capital Appreciation

Annual Average

Currency

Live rates from ECB

1 AED = 1.0000 AED•Source: ECB

Financial Details

Property PriceAED 8,460,000

Annual Rental IncomeAED 507,600

Annual Service ChargesAED 50,760

Net Annual IncomeAED 456,840

5-Year Projected ValueAED 11,865,588

5-Year Total ReturnsAED 5,689,788

Investment Highlights

Prime location with exceptional rental demand from corporate executives and high-net-worth tenants.
Dubai's real estate market has shown consistent 7% annual appreciation over the past decade.
Tax-free rental income with no capital gains tax on property sales.
Golden Visa eligibility for property investments over AED 2 million.
Professional property management services available with guaranteed rental programs.
Guaranteed rental return programs available by individual agreement.

Dubai Rental Yield by Price Tier

Ultra-luxury properties typically yield less due to limited tenant pools, longer vacancy periods, and owner-occupier dominance.

This Property

Other Tiers

Source: Dubai Land Department & RERA Q4 2025 data

* Projections are based on historical data and market analysis. Actual returns may vary. Past performance is not indicative of future results.

Financial Planning

Mortgage Calculator

Calculate your monthly payments and understand the total cost of ownership

Adjust Your Terms

Property PriceAED 8,460,000

Down Payment

25%

AED 2,115,000

15%50%

Interest Rate

4.5%

2%8%

Loan Term

25 Years

5 years25 years

Currency

Live rates from ECB

1 AED = 1.0000 AED•Source: European Central Bank

Total Cost of Ownership

AED 14,243,934

Upfront CostsAED 2,711,913

Total Mortgage PaymentsAED 10,580,271

Insurance (25 years)AED 951,750

Complete cost over 25-year term including all fees, interest, and insurance

Monthly Payment

AED 35,268

Over 25 years at 4.5% interest

Loan Summary

Loan AmountAED 6,345,000

Total InterestAED 4,235,271

Total RepaymentAED 10,580,271

Upfront Costs

Down Payment (25%)AED 2,115,000

DLD Registration (4%)AED 338,400

Agency Fee (2%)AED 169,200

Mortgage Registration (0.25%)AED 15,863

Bank Processing (1%)AED 63,450

Valuation FeeAED 5,000

Trustee/Oqood FeeAED 4,000

NOC FeeAED 1,000

Total Upfront RequiredAED 2,711,913

Annual Insurance Costs

Life Insurance (0.5% of loan)AED 31,725

Property Insurance (0.075%)AED 6,345

Total Annual InsuranceAED 38,070

* Insurance is mandatory for mortgage approval and must be renewed annually

* Calculations are estimates based on standard UAE mortgage terms. Actual rates and fees may vary by bank and borrower profile.

Property Documentation

Six Senses The Palm - Official Brochure

six-senses-residences.pdf4.9 MB

Official marketing documentation from the developer