New homes in SLS Residences The Palm start at AED 7,000,000; keys are due Dec 2026; you pay 10% to book, 50% while it is built and 40% at the keys.
In the 12 months to Nov 9, 2026, Dubai Land Department recorded 74 off-plan sales of 2-bed apartments of 1,397 sq ft to 2,095 sq ft in Palm Jumeirah. Their median price is AED 5,231 per sq ft (about AED 8,736,000 at 1,670 sq ft). This project's from price is AED 4,192 per sq ft (AED 7,000,000 for its smallest home, 1,670 sq ft), 20% less.
Keys
Dec 2026
The developer's handover date
Payment plan
10 / 50 / 40
10% to book, 50% while it is built, 40% at the keys
Bedrooms
2 to 4 beds
Sizes
1,670 to 6,000 sq ft
Ownership
Freehold
Property types
Penthouse and Duplex
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 4,192 per sq ft
Similar off-plan homes: AED 5,231 per sq ft
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
When you bookBooking · 10%
Booking
10%
AED 700,000+ AED 280,000 DLD fee
AED 980,000
As it is builtWhile it is built · 50%
While it is built
50%
AED 3,500,000
AED 4,480,000
At the keys (Dec 2026)Keys · 40%
Keys
40%
AED 2,800,000
AED 7,280,000
Booking payment, 10%
AED 700,000
Dubai Land Department fee (Oqood), 4%
AED 280,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 980,000
Total costPrice plus the DLD fee
AED 7,280,000
The handover date (Dec 2026) is too close or already past to estimate the dates. Ask the developer for its current schedule.
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. "Rent and yield" below gives the figure for this project.
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.
Is the price fair?
Dubai Land Department recorded 74 off-plan sales of 2-bed apartments of 1,397 sq ft to 2,095 sq ft in Palm Jumeirah, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
We compare with off-plan sales across Palm Jumeirah, as this project isn't on the Dubai Land Department register yet or has too few sales.
Dubai Land Department recorded 74 off-plan sales of 2-bed apartments of 1,397 sq ft to 2,095 sq ft in Palm Jumeirah, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 5,231 per sq ft
AED 2,878 to AED 4,015 per sq ft
11 sales
AED 4,015 to AED 5,151 per sq ft
24 sales
This project's from price is in this band.
AED 5,151 to AED 6,287 per sq ft
21 sales
AED 6,287 to AED 7,423 per sq ft
11 sales
AED 7,423 to AED 8,560 per sq ft
4 sales
AED 8,560 to AED 9,696 per sq ft
0 sales
AED 9,696 to AED 10,832 per sq ft
1 sale
AED 10,832 to AED 11,969 per sq ft
2 sales
AED 2,878 per sq ftAED 11,969 per sq ft
This project AED 4,192 per sq ft
Half of the sales sold for AED 4,495 to AED 6,175 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 2,878 to AED 4,015 per sq ft
11
AED 4,015 to AED 5,151 per sq ft
24
AED 5,151 to AED 6,287 per sq ft
21
AED 6,287 to AED 7,423 per sq ft
11
AED 7,423 to AED 8,560 per sq ft
4
AED 8,560 to AED 9,696 per sq ft
0
AED 9,696 to AED 10,832 per sq ft
1
AED 10,832 to AED 11,969 per sq ft
2
The 3 closest sales
Picked from the 74 similar sales above, closest in size to this project's smallest home.
Nov 2025AED 10,653,000AED 6,396 per sq ftPasso by Beyond - TOWER A, 1,665 sq ft
Apr 2026AED 11,690,000AED 7,029 per sq ftPasso by Beyond - TOWER B, 1,663 sq ft
Nov 2026AED 9,029,000AED 5,432 per sq ftPasso by Beyond - TOWER B, 1,662 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Palm Jumeirah 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
2-bed apartmentFrom AED 7,000,000 here
Off-plan medianAED 8,730,000AED 5,260 per sq ft
Sales156
20% below 74 similar sales
3-bed apartment
Off-plan medianAED 13,636,000AED 6,544 per sq ft
Sales117
4-bed apartment
Off-plan medianAED 55,000,000AED 6,910 per sq ft
Sales36
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
3.3%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
2.7%
Typical gross yield of similar ready homes
5.1%
Median rent of 2-bed apartments in Palm Jumeirah
AED 230,000 a year
Service charge a year, from the keysThe area median, AED 20 per sq ft from 5 buildings, as of 2023, for the smallest home (1,670 sq ft)
AED 33,400
Rent contracts counted
824
Rented between
Apr 1, 2025 and Mar 31, 2026
2-bed apartment
AED 230,000 a year
3-bed apartment
AED 320,000 a year
4-bed apartment
AED 750,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 230,000 ÷ AED 7,000,000 = 3.3%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
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
Jumeirah Beach Residence 1 Tram Stop4.3 km, 19 min driveTram stop
Nasimi Beach2.4 km, 8 min driveBeach
The Palm Jumeirah waterfront2.9 km, 9 min driveWaterfront
ICCA Dubai5.2 km, 15 min driveSchool
Dubai College5.9 km, 16 min driveBritish school
Emirates International School - Meadows6.7 km, 20 min driveIB school
Delhi Private School7.9 km, 21 min driveIndian school
SLS Residences The Palm is a Roya Lifestyle Development project on Palm Jumeirah with two- to four-bedroom homes, including duplexes and penthouses, from AED 7,000,000 and a listed handover of December 2026. The from price is about 20% below 74 similar two-bedroom sales in Palm Jumeirah (12 months to November 2026), and with handover due next month you should ask for the completion certificate before you pay.
The listed handover is December 2026, which is next month. Ask the developer whether the building has its completion certificate and when handover is now expected. If you can, visit and check the finish of the home you are buying.
The from price is about 20% below 74 similar two-bedroom sales in Palm Jumeirah (12 months to November 2026). Those sales are across the area, not only in this project. Ask which unit, floor and layout the from price buys before you compare.
The plan is 10% on booking, 50% during construction and 40% at handover. At the from price that is AED 700,000, AED 3,500,000 and AED 2,800,000. With handover due soon, ask when the 50% construction payment falls due. Separately, the 4% DLD fee comes to AED 280,000; ask when it is due.
The developer describes a nine-storey building with 113 homes: two- and three-bedroom simplexes, three- and four-bedroom duplexes and three penthouses. The listing gives sizes of 1,670 to 6,000 sq ft, but the developer also mentions homes up to 14,200 sq ft and a four-bedroom size of 6,071 sq ft, so check the floor plans. Every home has a terrace, the duplexes have a private pool, and 13 homes on the ground floor each have a private garden. Homes are handed over unfurnished. The listing tags the project as SLS branded residences.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
2 BR
3 BR
4 BR
How prices moved
Median price of 2-bed apartments in Palm Jumeirah, over the 12 months to each dateUp 12% from Dec 2024 to Sep 2026.
Dec 2024AED 4,685 per sq ft
Sep 2026AED 5,260 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 5,260 per sq ft
156 sales
Jun 2026
AED 5,278 per sq ft
168 sales
Mar 2026
AED 5,251 per sq ft
163 sales
Dec 2025
AED 4,962 per sq ft
134 sales
Sep 2025
AED 4,414 per sq ft
91 sales
Jun 2025
AED 4,074 per sq ft
92 sales
Mar 2025
AED 4,059 per sq ft
101 sales
Dec 2024
AED 4,685 per sq ft
119 sales
Off-plan sales only.
Questions about this project
Who is building SLS Residences The Palm?
Roya Lifestyle Development. The project is on Palm Jumeirah and carries the SLS brand.
When is handover?
The listed handover is December 2026, next month. Ask for the completion certificate and a confirmed handover date before you pay.
How does the from price compare with other sales?
It is about 20% below 74 similar two-bedroom sales in Palm Jumeirah (12 months to November 2026).
What do I pay at each stage?
At the from price: AED 700,000 on booking, AED 3,500,000 during construction and AED 2,800,000 at handover. Separately, the 4% DLD fee comes to AED 280,000; ask when it is due.
How big are the homes?
The listing gives 1,670 to 6,000 sq ft, but the developer also lists larger sizes. Ask for the floor plan of the home you want.
Can foreigners buy here?
Yes. It is in a freehold area, so foreign buyers can own outright.
