4-Bedroom Penthouse at Avani Palm View Hotel & Suites, Dubai Media City – 19% Below OP

Property Overview

This hotel-serviced 4-bedroom penthouse with maid's, driver's and office rooms at Avani Palm View Hotel & Suites, Dubai Media City, is offered at AED 15,500,000. It measures 447.22 sq m (about 4,814 sq ft). The asking price is AED 3,700,000 (19.3%) below the agent-stated purchase price of AED 19,200,000, or roughly AED 3,220 per sq ft.

Property Highlights

• Property type: hotel-serviced penthouse
• Bedrooms: 4, plus maid's room, driver's room and office
• Building: Avani Palm View Hotel & Suites, Dubai Media City
• Built-up area: 447.22 sq m (approx. 4,814 sq ft)
• Asking price: AED 15,500,000
• Original purchase price (agent-stated): AED 19,200,000
• Discount to OP: AED 3,700,000 (19.3%)
• Price per sq ft: approx. AED 3,220
• Floor: high floor
• Views (agent-stated): Dubai Marina, Ain Dubai, Palm Jumeirah and sea
• Furnishing (agent-stated): fully furnished
• Parking (agent-stated): 2 spaces

Why the Price Qualifies as Below OP

DPF classifies this penthouse as Below OP because the asking price is lower than the purchase price supplied in the agent brief received on 20 October 2026. AED 19,200,000 minus AED 15,500,000 gives a saving of AED 3,700,000, or 19.3% of the original price. Dividing the asking price by the approximate 4,814 sq ft area gives about AED 3,220 per sq ft.

The purchase price is agent-supplied and should be confirmed against the original Sale and Purchase Agreement or title deed. The comparison is against the unit's own purchase price only and is not a claim that the penthouse is below current market value.

About the Building and Community

Avani Palm View Hotel & Suites is a hotel and residences tower at the foot of Palm Jumeirah, in Dubai Media City. The hotel opened in January 2021, with fully furnished residences on the upper floors above it. At launch, the residences were described as including a penthouse collection of 4-bedroom homes on the uppermost levels, alongside a residents' pool, private cinema, residents' lounge and library.

Residents were also described as having access to the hotel's restaurants and fitness and leisure facilities. Confirm the current hotel-service arrangements, service charges and any rental or hotel-pool terms with the building management before purchase.

Layout, Floor and View

The agent brief confirms a 4-bedroom layout with a maid's room, driver's room and office, on a high floor, sold fully furnished with two parking spaces. The agent describes views across Dubai Marina, Ain Dubai, Palm Jumeirah and the sea. The exact floor number and bathroom count were not supplied. Request the floor plan to confirm the layout and view orientation.

Handover and Occupancy

The building is completed and the hotel has operated since 2021. Whether the penthouse is currently vacant, owner-occupied or under a hotel or rental arrangement was not supplied, so confirm occupancy before purchase.

Location and Connectivity

Dubai Media City sits beside the entrance to Palm Jumeirah, between Dubai Internet City and Dubai Marina. DPF does not quote travel times without a verified source.

Verification Notes

• Agent-supplied facts: building, penthouse type, 4 bedrooms plus maid's, driver's and office rooms, 447.22 sq m area, asking and purchase prices, high floor, views, full furnishing and 2 parking spaces.
• DPF-calculated figures: AED 3,700,000 saving, 19.3% discount and approximately AED 3,220 per sq ft (based on 4,814 sq ft).
• External research: building facts from a 2021 residences launch announcement.
• Not supplied: unit number, exact floor, bathrooms, occupancy, service charges and hotel-service terms.