Property Overview
This 1-bedroom apartment of 716 sq ft in Seven Palm by Seven Tides is available at AED 2,000,000 (AED 2,793 per sq ft). The property is on Palm Jumeirah, Dubai, and is a ready unit in a development completed in February 2023. The asking price is below active 1-bedroom listings in Seven Palm, which start from AED 2,150,000 on Property Finder as of October 2026.
Property Highlights
- Type: 1-bedroom apartment, 2 bathrooms
- Size: 716 sq ft
- Asking price: AED 2,000,000 (AED 2,793 per sq ft)
- Status: ready, completed February 2023
- Developer: Seven Tides
- Location: Seven Palm, Palm Jumeirah
- Parking: 1 covered space
Why the Price Qualifies as Below Market
The asking price of AED 2,000,000 is below all visible active 1-bedroom listings in Seven Palm on Property Finder, which start from AED 2,150,000. The agent describes the deal as distress with a reduced price.
Active Listing Comparison
Active 1-bedroom listings in Seven Palm on Property Finder are priced from AED 2,150,000 upward, with listings also visible at AED 2,250,000, AED 2,350,000, AED 2,600,000 and AED 2,900,000. The agent's asking price of AED 2,000,000 is AED 150,000 below the lowest active listing.
DLD Transaction Context
DLD transactions for 1-bedroom apartments in Seven Palm recorded on Property Finder show a wide range:
- 14 August 2026: AED 1,700,000 for 716 sq ft (AED 2,374 per sq ft), ready
- 16 July 2026: AED 2,000,000 for 676 sq ft (AED 2,960 per sq ft), ready
- 6 July 2026: AED 2,775,000 for 773 sq ft (AED 3,591 per sq ft), ready
- 17 June 2026: AED 1,282,238 for 715 sq ft (AED 1,793 per sq ft), ready
The July transactions show per-sq-ft rates of AED 2,960 and AED 3,591. At AED 2,793 per sq ft, the agent's price is below both July rates. However, the August 2026 transaction for a 716 sq ft unit (the same size as this apartment) recorded at AED 1,700,000 (AED 2,374 per sq ft), which is AED 300,000 below this asking price. The June transaction at AED 1,282,238 appears anomalously low and may represent a developer disposal or related-party transfer rather than an open-market sale. The August transaction at AED 1,700,000 may also fall into this category, though this cannot be confirmed from available data.
Seven Palm has 37 recorded DLD sales transactions with an average price of AED 1,833,050 across all unit types. The wide spread in 1-bedroom transaction prices (AED 1.28 million to AED 2.78 million within two months) indicates significant variation by unit type, floor, view and transaction nature.
About Seven Palm by Seven Tides
Seven Palm (also known as SE7EN Residences The Palm and Seven Hotel and Apartments The Palm) is a residential and hotel development by Seven Tides on the trunk of Palm Jumeirah.
Building specifications:
- Developer: Seven Tides
- Configuration: two 14-storey towers
- Total units: approximately 1,200 (374 one-bedroom, 695 studios, 31 two-bedroom, 14 three-bedroom, 84 commercial)
- 1-bedroom sizes: 557 to 1,012 sq ft (DXB Interact); standard layout approximately 713 sq ft (developer specification)
- Completion: February 2023
- Unfurnished units with luxury fittings as standard
- Floor-to-ceiling windows, en-suite bathrooms with rainfall showers, fitted kitchens with breakfast counters
- Independent climate control per unit
Building amenities:
- Infinity rooftop swimming pool
- Private beach access for residents
- Gymnasium and sauna
- Rooftop dining venues
- Retail promenade
- Dedicated valet services
- Concierge
- Basement parking
- 24-hour security
Location and Connectivity
Seven Palm is on the trunk of Palm Jumeirah, the main access road connecting the island to the Dubai mainland.
- Nakheel Mall: adjacent
- Dubai Marina: approximately 10 minutes by car
- Downtown Dubai and DIFC: approximately 20 minutes
- Dubai International Airport: approximately 25 minutes
- Atlantis The Palm and The Pointe: accessible via the monorail or by car
- Palm Jumeirah Boardwalk: walking distance
The trunk location provides a balance between Palm Jumeirah's beachfront lifestyle and direct mainland access via Sheikh Zayed Road. Residents have access to the Palm Jumeirah monorail for travel within the island.
Verification Notes
Unit-specific facts including 1-bedroom configuration, 716 sq ft and asking price of AED 2,000,000 are sourced from the agent's brief received on 5 October 2026. The price per sq ft of AED 2,793 is calculated from the asking price and stated size. The Below Market classification is based on the asking price being below all visible active 1-bedroom listings in Seven Palm (from AED 2,150,000) and below the July 2026 DLD per-sq-ft rates (AED 2,960 and AED 3,591). However, a DLD transaction on 14 August 2026 for the same 716 sq ft size recorded at AED 1,700,000, which is AED 300,000 below the asking price. This transaction may represent a below-market sale itself, a developer disposal or a related-party transfer, but it cannot be excluded from the analysis. The agent did not provide the floor, view, tower (A or B), unit number, furnishing status, service charge or original purchase price. The 2-bathroom and 1-parking counts are from active listing research, not from the agent. The agent described the deal as distress with reduced and low price but did not supply a specific benchmark or original purchase price.
