4-Bedroom Penthouse in Avani Palm View, Dubai Media City - Below Market Price

Property Overview

This 4-bedroom penthouse in Avani Palm View Hotel & Suites, Dubai Media City, is listed at AED 15,500,000. The agent states comparable 4-bedroom penthouses in the building trade between AED 16,000,000 and AED 19,000,000 depending on layout, floor level and the extent of Palm Jumeirah view.

Property Highlights

• 4-bedroom penthouse in Avani Palm View Hotel & Suites, Dubai Media City
• Asking price: AED 15,500,000
• Agent-stated comparable market range for similar penthouses: AED 16,000,000 to AED 19,000,000
• Estimated saving against the lower end of that range: approximately AED 500,000 (3.1%)

Why the Price Qualifies as a Below Market Deal

The agent brief states that comparable 4-bedroom penthouses in Avani Palm View trade between AED 16,000,000 and AED 19,000,000, with pricing varying by specific layout, floor level and the extent of Palm Jumeirah view. Measured against the lower end of that range, the AED 15,500,000 asking price represents a saving of approximately AED 500,000, or 3.1%. Measured against the upper end, the saving is considerably larger, up to approximately AED 3,500,000, or 18.4%. This unit's exact layout, floor and view have not been separately confirmed against the agent's comparables, so buyers should treat the lower-end figure as the more conservative estimate and confirm where this specific unit sits within the stated range before relying on a precise discount figure.

About the Project, Developer and Community

Avani Palm View Hotel & Suites is a mixed hotel and residential tower developed by Alfahim Group in Dubai Media City, positioned near the entrance to Palm Jumeirah rather than on the island itself. The building combines a hotel operated under the Avani brand with private residential units, including studios through four-bedroom apartments and penthouses, with views toward Palm Jumeirah and the Arabian Gulf.

Layout, Floor and View

The agent brief confirms this is a 4-bedroom penthouse. No specific size, floor or view details were separately supplied for this unit, so none are stated here.

Payment Plan and Handover

Avani Palm View is a completed, ready development, so no off-plan payment plan or handover date applies to this resale unit. No payment plan details were supplied by the agent; buyers should confirm any transfer terms directly with the seller's agent.

Location and Connectivity

Dubai Media City sits on the coast near the entrance to Palm Jumeirah, close to Dubai Marina and served by tram and monorail links. Specific drive-time distances have not been independently verified for this listing and are not stated here.

Verification Notes

The bedroom count and asking price come directly from the agent's brief. The market comparison range (AED 16,000,000 to AED 19,000,000) was supplied by the agent rather than sourced from an independent, dated valuation or DLD transaction; the below-market classification and calculated savings above should be understood accordingly. The AED 15,500,000 asking price is notably close to the developer's original marketed price for a similarly configured 4-bedroom penthouse in this building; buyers should confirm this listing reflects a genuine below-market resale rather than a price at or near the original developer list price. The brief's location line referenced Palm Jumeirah; official project sources place the building in Dubai Media City, near but not on Palm Jumeirah, and this listing uses that corrected area. Project- and community-level facts were checked against official project materials and supporting portal listings for context only, and were not used to alter or add to this unit's specific facts.