Furnished 1-Bedroom Apartment in The 8, Palm Jumeirah, Reduced to AED 2.6M

Property Overview

This fully furnished 1-bedroom apartment in The 8, Palm Jumeirah, is offered at AED 2,600,000 for 857 sq ft of built-up area, or about AED 3,034 per sq ft. The agent reports the price has been reduced from AED 2,900,000, a cut of AED 300,000 (10.3%). The unit is ready, is not under hotel management, and the seller is looking for an urgent sale to a cash buyer.

Property Highlights

• Property type: Apartment
• Bedrooms: 1
• Built-up area: 857 sq ft
• Asking price: AED 2,600,000
• Previous asking price (agent-stated): AED 2,900,000
• Price reduction: AED 300,000 (10.3%)
• Asking rate: approximately AED 3,034 per sq ft
• Furnishing: fully furnished
• Status: ready; not under hotel management (agent-stated)
• Buyer type: cash buyers only

Pricing and Deal Basis

The AED 300,000 reduction is measured against the seller's previous asking price of AED 2,900,000, as stated by the agent. No original purchase price, SPA value, DLD transaction or dated market comparison has been supplied, so this page does not claim the unit is below its original price or below market value, and it does not rank the price against other units in the building. Buyers should check recent DLD transactions for 1-bedroom units in The 8 before making an offer.

About the Building and Community

The 8 is a residential building on Palm Jumeirah, Dubai's palm-shaped island of fronds, a central trunk and an outer Crescent, known for beachfront hotels, residences and views across the Arabian Gulf.

Layout, Floor and View

The agent confirms a 1-bedroom layout of 857 sq ft, sold fully furnished. Floor, view, bathrooms and parking were not supplied. Ask the DPF team for the floor plan and furniture inventory.

Tenancy and Transfer

The agent states the unit is ready, is not part of a hotel rental programme and that the seller will accept cash buyers only, so mortgage-financed offers will not be considered. Occupancy was not supplied. Confirm the title deed, service charges and whether the unit is vacant before making an offer.

Location and Connectivity

Palm Jumeirah connects to the mainland via its trunk road to Sheikh Zayed Road, and the Palm Monorail runs along the trunk. Travel times vary and are not quoted here.

Verification Notes

• Agent-supplied facts: The 8, Palm Jumeirah, 1-bedroom apartment, 857 sq ft, fully furnished, ready, not under hotel management, urgent sale, cash buyer only, previous price AED 2,900,000 and asking price AED 2,600,000.
• DPF-calculated figures: AED 300,000 (10.3%) reduction and approximately AED 3,034 per sq ft.
• Not yet supplied: original price or market benchmark, developer, floor, view, bathrooms, parking, occupancy and service charges.