2-Bedroom Simplex Below Original Price in SLS Residences The Palm, Palm Jumeirah

Property Overview

This 2-bedroom simplex with a dedicated maid's room in SLS Residences The Palm is located on The Crescent, Palm Jumeirah, and is offered at AED 7,000,000. The agent explicitly states this is a below-original-price deal. The Type B layout spans 1,639 sq ft with a prime sunset-facing orientation. The agent describes the views as full panoramic sea. The unit is located directly on the beach with direct shoreline access. At the asking price, the rate is approximately AED 4,271 per sq ft. The agent describes the handover as imminent.

Property Highlights

• 2-bedroom simplex, Type B layout
• 1,639 sq ft built-up area
• AED 4,271 per sq ft
• Dedicated maid's room
• Agent-stated below original purchase price
• Sunset-facing orientation with agent-stated panoramic sea views
• Direct beach and shoreline access
• SLS branded residence managed by Ennismore
• Off-plan resale with handover imminent

Why This Is Listed as Below Original Price

The agent explicitly describes this as a below-original-price deal. However, the actual original SPA price has not been supplied with this brief. Without the documented original price, the savings amount and savings percentage cannot be calculated, and the below-OP claim cannot be independently confirmed.

For context, Roya Lifestyle Development launched SLS Residences with starting prices from AED 7,019,000. The asking price of AED 7,000,000 sits just below that published starting figure. If the seller's actual SPA was at or above the starting price, the below-OP claim would be directionally consistent. Buyers should request a copy of the original SPA to verify the claim and calculate the exact savings.

About SLS Residences The Palm

SLS Residences The Palm is an exclusively residential branded development on The Crescent of Palm Jumeirah, developed by Roya Lifestyle Development under the SLS brand by Ennismore. Unlike many branded developments on Palm Jumeirah, SLS Residences contains no hotel rooms and is composed entirely of private residences.

The 9-storey building comprises 113 bespoke residences, including 2-3 bedroom simplexes, 3-4 bedroom duplexes and 3 exclusive penthouses, ranging from approximately 1,670 to 14,200 sq ft. The development was designed with interiors by Studio Carter, whose portfolio includes W Hotel Bali, Fairmont Maldives and Six Senses. Landscaping is by Cracknell, whose work includes the Royal Atlantis and the Museum of the Future.

The project launched in May 2023 and was valued at over AED 1 billion. DLD building records from May 2026 showed 60 percent completion with a July 2026 handover target. The payment plan is structured as 60/40. Ownership is freehold.

Amenities and Services

SLS Residences offers an extensive lifestyle package. Amenities include a private beach with direct shoreline access, an infinity pool, gym, spa, cinema, clubhouse, cigar lounge, private dining area with private chef access, a music recording studio, gaming area and kids club. The service offering through Ennismore includes concierge, chauffeur and private transportation, in-residence housekeeping, household maintenance, residence caretaker, personal assistant, pre-arrival provisioning, childcare, pet minding and grooming, weekly floral arrangements and plant curation.

Location and Connectivity

SLS Residences The Palm is positioned on The Crescent of Palm Jumeirah, offering direct beachfront access. The development is within approximately 20 minutes of Dubai Marina, 25 minutes of Downtown Dubai and Business Bay, 30 minutes of Dubai International Airport and 45 minutes of Al Maktoum International Airport.

Verification Notes

Unit-specific details, including size, layout type, bedroom count, maid's room, orientation, views and asking price, are sourced from the agent brief received on 9 September 2026. The agent explicitly claims the price is below the original purchase price, but the actual original SPA figure has not been supplied. The view and orientation descriptions are agent-stated. The bathroom count and furnishing status have not been stated. DLD building records from May 2026 showed 60 percent completion with a July 2026 handover target. The current construction and handover status should be confirmed with the developer. Buyers are advised to request the original SPA, confirm remaining payment obligations and assignment requirements, and conduct independent due diligence before proceeding.