1-Bedroom Apartment in The 8 (Th8), Palm Jumeirah — Below Market, Fully Furnished, Vacant

1-Bedroom Apartment The 8 (Th8) The 8 — Apartment In Full Sea Views
1-Bedroom Apartment The 8 (Th8) The 8. Apartment In Full Sea Views.

AED 2,900,000

Deal typeBelow Market
PriceAED 2,900,000
Bedrooms1
Bathrooms2
TypeApartment
StatusReady
DeveloperIFA Hotels & Resorts
Area / Master developmentPalm Jumeirah
Sub-community / PhaseThe Crescent
CommunityThe 8

Property Overview

This 1-bedroom apartment in The 8 (Th8), Palm Jumeirah, is offered at AED 2,900,000. The unit is fully furnished, vacant, and described by the agent as a private residential unit without hotel management restrictions, suitable for immediate occupancy or short/long-term rental investment.

Property Highlights

  • Bedrooms: 1, with built-in wardrobes
  • Bathrooms: 2
  • Asking price: AED 2,900,000
  • Parking: 1 covered space
  • Furnishing: Fully furnished
  • Status: Private residential unit, no hotel management restrictions
  • Occupancy: Vacant, ready for immediate transfer
  • Building: The 8 (Th8), The Crescent, Palm Jumeirah
  • Developer: IFA Hotels & Resorts

Why the Price Qualifies as Below Market

The agent's brief describes this directly as a "Below Market Unit" and the "lowest priced" option available. No specific dated comparable sale, valuation report or price benchmark was supplied alongside the brief to support the comparison, so this classification is carried as the agent's stated basis rather than an independently verified market comparison. Buyers should request supporting comparable evidence before relying on this classification.

Layout and Interior

The unit offers a modern open-plan living and dining layout with a sleek European kitchen featuring high-end finishes, along with built-in wardrobes in the bedroom.

About the Project, Developer and Community

The 8 (Th8) is an eight-storey mixed-use development by IFA Hotels & Resorts on the West Crescent of Palm Jumeirah, completed in 2019. The building combines around 300 privately-owned residential units — one to three-bedroom apartments, signature townhouses and penthouses — with a separately hotel-managed wing of serviced apartments. Inspired by Miami-style architecture, the development offers direct private beach access, resort-style pools, beach cabanas, tennis courts, a gym and BBQ and event areas.

Location and Connectivity

The Crescent of Palm Jumeirah offers access to the Atlantis Aquaventure monorail station on foot, with Dubai Marina roughly 20 minutes away and Downtown Dubai and Business Bay roughly 25 minutes away by car. Specific walking distances or drive times to individual amenities from this unit have not been supplied and are not stated here.

Verification Notes

Unit-specific facts — price, bedrooms, bathrooms, parking, furnishing status, interior features and occupancy status — come from the agent's brief and have not been independently verified by DPF. Project- and community-level facts (developer, building structure, amenities) are drawn from IFA Hotels & Resorts' published The 8 (Th8) project information. The unit's size in square feet was not supplied, so price per square foot cannot be calculated and is not shown. No original purchase price or dated market comparable was supplied, so no savings figures are shown. Floor was not supplied in the brief and is omitted rather than assumed. This listing remains a Draft pending Shabana's review, including obtaining the unit size from the agent.

Frequently asked questions

What is the asking price for this The 8 apartment?

The unit is listed at AED 2,900,000.

How many bedrooms and bathrooms does the apartment have?

It is a 1-bedroom apartment with 2 bathrooms and built-in wardrobes.

Is the apartment furnished?

Yes, the agent's brief describes the unit as fully furnished.

What does 'no hotel management restrictions' mean?

The 8 (Th8) is a mixed-use building that includes both privately-owned residences and separately hotel-managed apartments. This unit is described as a private residential unit, meaning it is not subject to the hotel operator's rental management rules.

Why is this classified as below market?

The agent's brief directly describes this as a "Below Market Unit" and the "lowest priced" option available. No specific dated comparable transaction or valuation was supplied alongside the brief.

What is the size of this apartment?

The agent's brief did not specify the size in square feet; buyers should confirm this directly with the listing agent.

Is the apartment vacant and ready to move in?

Yes, the agent's brief states the unit is vacant and ready for immediate occupancy, or suitable for short or long-term rental investment.

Buyer costs

What you will pay

Dubai transfer costs for an ready unit. Every figure editable — NOC is set by the developer and varies.

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DLD transfer fee—
NOC fee—
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VAT on agency (5%)—

Total cost

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Full payment schedule and unit details are released to qualified buyers on enquiry.

Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.

Finance

Mortgage estimate

Indicative monthly repayment on a UAE bank mortgage.

AED
Down payment—
Loan amount—
Total interest—
Total repaid—

Monthly payment

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Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.

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