New homes in Magnolia start at AED 1,250,000; keys are due Sep 2028; you pay 10% to book, 50% while it is built and 40% at the keys.
Keys
Sep 2028
The developer's handover date
Payment plan
10 / 50 / 40
10% to book, 50% while it is built, 40% at the keys
Bedrooms
Studio to 1 bed
Sizes
303 to 490 sq ft
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 4,125 per sq ft
At the smallest size listed
We couldn't match this project to the Dubai Land Department project register yet. The developer can give you its RERA project number.
Paying for it
You pay 10% when you book, 50% as the building goes up, and 40% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 10%
Booking
10%
AED 125,000+ AED 50,000 DLD fee
AED 175,000
Feb 2027While it is built · 7.1%
While it is built
7.1%
AED 89,286
AED 264,286
May 2027While it is built · 7.1%
While it is built
7.1%
AED 89,285
AED 353,571
Jul 2027While it is built · 7.1%
While it is built
7.1%
AED 89,286
AED 442,857
Oct 2027While it is built · 7.1%
While it is built
7.1%
AED 89,286
AED 532,143
Jan 2028While it is built · 7.1%
While it is built
7.1%
AED 89,286
AED 621,429
Apr 2028While it is built · 7.1%
While it is built
7.1%
AED 89,285
AED 710,714
Jun 2028While it is built · 7.1%
While it is built
7.1%
AED 89,286
AED 800,000
Sep 2028Keys · 40%
Keys
40%
AED 500,000
AED 1,300,000
Booking payment, 10%
AED 125,000
Dubai Land Department fee (Oqood), 4%
AED 50,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 175,000
Total costPrice plus the DLD fee
AED 1,300,000
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. Ask Palladium Prime Real Estate Development for the estimate.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Dubai Internet City in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 1,250,000 here
Off-plan medianToo few sales for a median
Sales0
Can't check this price
1-bed apartment
Off-plan medianAED 3,435,000AED 3,387 per sq ft
Sales35
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
There is no median rent from Ejari for similar homes here, so we leave out the gross and net yield.
Gross yield is a year's rent before costs, as a share of the price.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Palm Jumeirah Tram Stop750 m, 12 min walkTram stop
Al Sufouh2.2 km, 11 min driveBeach
Marina Walk2.1 km, 9 min driveWaterfront
ICCA Dubai550 m, 10 min walkSchool
Regent International School1.5 km, 7 min driveBritish school
GEMS Wellington International School2.6 km, 9 min driveIB school
JSS International School5.8 km, 14 min driveIndian school
Magnolia is a Palladium Prime Real Estate Development project in Dubai Internet City with studios and one-bedroom apartments from AED 1,250,000, and a listed handover of September 2028. The listing does not state the ownership type, so confirm the ownership terms with the developer before you pay anything.
Settle two points first. The listing does not state the ownership type, so confirm the ownership terms with the developer in writing. The listed handover is September 2028, about 22 months from now, so ask how far construction has got before you book.
The plan is 10% on booking, 50% during construction and 40% at handover. At the from price that is AED 125,000 to book, AED 625,000 during the build and AED 500,000 at handover. Separately, the 4% DLD fee comes to AED 50,000; ask when it is due. The plan gives no dates for the construction payments, so ask for them.
Studios are about 303 sq ft and one-bedroom apartments about 490 sq ft. Kitchens are fully equipped. The developer mentions furnishing, so ask whether furniture is included in the price. Shared facilities include a gym, a shared pool, a children's pool and play area, and covered parking.
Palm Jumeirah Tram Stop is about 750 m away and a medical centre about 360 m. Regent International School is about 1.5 km away. Emirates Golf Club is about 1.4 km away, Marina Walk about 2.1 km and Al Sufouh beach about 2.2 km, 3 to 11 minutes by car by our estimate. GEMS Wellington International School is about 2.6 km away.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
Studio
1 BR
How prices moved
Median price of off-plan apartments in Dubai Internet City, over the 12 months to each dateUp 6% from Dec 2024 to Sep 2026.
Dec 2024AED 3,156 per sq ft
Sep 2026AED 3,342 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 3,342 per sq ft
124 sales
Jun 2026
AED 3,384 per sq ft
140 sales
Mar 2026
AED 3,355 per sq ft
159 sales
Dec 2025
AED 3,202 per sq ft
214 sales
Sep 2025
AED 3,162 per sq ft
190 sales
Jun 2025
AED 3,097 per sq ft
208 sales
Mar 2025
AED 3,041 per sq ft
218 sales
Dec 2024
AED 3,156 per sq ft
382 sales
Off-plan sales only.
Questions about this project
Can foreigners buy here?
The listing does not state the ownership type, so confirm the ownership terms with the developer before you book.
When is handover?
The listed handover is September 2028, about 22 months away. Ask for a construction update before you pay.
What does the payment plan cost in dirhams?
At the from price, AED 125,000 on booking (10%), AED 625,000 during construction (50%) and AED 500,000 at handover (40%). Separately, the 4% DLD fee comes to AED 50,000; ask when it is due.
How big are the apartments?
Studios are about 303 sq ft and one-bedroom homes about 490 sq ft.
What can residents use?
A gym, a shared pool, a kids' pool and play area, and covered parking.
