2-Bedroom Apartment in SLS Residences, Palm Jumeirah at Original Price with 60% Paid

Property Overview

This 2-bedroom apartment in SLS Residences on Palm Jumeirah is offered at AED 9,618,960, the same as its stated original price. The unit measures about 1,664 sq ft (154.59 sqm), and 60% of the price has already been paid. The agent gives handover as Q2 2026, which should be reconfirmed with the developer.

Property Highlights

• Property type: Apartment
• Bedrooms: 2
• Size: 154.59 sqm (about 1,664 sq ft)
• Asking price: AED 9,618,960
• Original price: AED 9,618,960 (agent-stated)
• Price per sq ft: about AED 5,781
• Payment status: 60% paid (agent-stated)
• Handover: Q2 2026 (agent-stated, to be reconfirmed)
• Project: SLS Residences Palm Jumeirah
• Location: Palm Jumeirah, Dubai

Why This Is Listed as an Off-Plan Distress Deal

The agent describes this as a hot deal at the original price. The selling price and the original price are both AED 9,618,960, so there is no discount and no savings figure applies. The listing is classified as an off-plan resale because the agent presents it as a unit not yet fully paid, offered at the original price rather than at a premium.

For a buyer, the main point is cash flow. With 60% paid, DPF's arithmetic puts the paid portion at roughly AED 5.77 million and the remaining 40% at roughly AED 3.85 million. How the transfer is structured, including what is paid to the seller and what remains payable to the developer, must be confirmed against the statement of account and the SPA.

No DLD transaction or dated market comparison was supplied, so this page does not claim the price is below market.

About the Project, Developer and Community

SLS Residences Palm Jumeirah is the first standalone SLS residential project in Dubai, created by Roya Lifestyle Development with Ennismore's SLS brand. According to Ennismore, it is a low-rise development of about 113 residences at the top of the West Crescent of Palm Jumeirah, with direct beach access. The mix includes 2, 3 and 4-bedroom residences and penthouses, including ground-floor residences with private gardens.

Ennismore's announcement lists a clubhouse, infinity pool, fitness area, a private social house with wellness facilities, a private dining lounge, a games room and a kids club, along with beach club access. Buyers should confirm the final amenity package with the developer.

Layout, Floor and View

The agent brief confirms a 2-bedroom apartment of about 1,664 sq ft. The floor, view, bathroom count, parking and unit number were not supplied, so they are not stated here. Ask DPF for the floor plan and unit details before arranging a viewing.

Payment Plan and Handover

According to the agent, 60% of the price has been paid and handover is Q2 2026. Since that date has passed, buyers should confirm whether the project has been handed over, the current completion schedule, any remaining instalment dates, developer transfer or NOC fees, and the Dubai Land Department transfer fee, which is normally 4% of the price.

Location and Connectivity

The project sits on the West Crescent of Palm Jumeirah, the outer arc of the island facing the open sea. Palm Jumeirah connects to the mainland through its trunk near Al Sufouh and Dubai Marina. Exact travel times depend on traffic and are not stated here.

Verification Notes

• Agent-supplied facts: project, bedrooms, size, original price, selling price, 60% paid and Q2 2026 handover.
• DPF-calculated figures: price per sq ft and approximate paid and outstanding amounts.
• External research: developer, brand partnership, project scale, location and announced amenities, from Ennismore's official announcement.
• Not verified: the SPA, statement of account and current handover status. Buyers should review these documents before proceeding.