Palm Jumeirah, Dubai, UAE

2 shares left

SLICIT Original Design

8+ Beds

5 Baths

6,800 sq ft

Built 2022

AED 4500000

10% OWNERSHIP

$1230000 USDC

Overview
Financials
Market & AI analysis
Buying Process
Documents

Overview
About this Property
A spectacular property located on the breathtaking Palm Jumeirah, a Wold Wonder (more on this in the Market AI Analysis section).
Quite simply the best villa on The Palm Jumeirah today.
As Modern and Contemporary as you will find this home has been built to the highest specs available with no expense spared, from the floor to ceiling glass windows/doors to the Infinity Pool and Internal Kitchen.
The property consists of 2 floors spread over 6,800 sq. ft. offering open plan living, multiple reception rooms, games rooms, and 6 bedrooms.
Sat in a gated community at the very TIP of Frond M, also known as the Billionaire Frond, this villa contains the best views of anywhere on The Palm, especially in the summer evenings.
No amount of description will do this villa justice, it needs to be viewed in person.
How we priced this 10% Share
SLICIT manages the entire sales process, furnishes the home and makes ownership a hassle-free experience.
Purchase price
10% share
AED 3,837,441
Home upgrades and clothing, interior design, furnishings, inspection, and title.
AED 369,000
SLICIT service fee (buyer aggregation, agent fees, legal and financing)
AED 293,559
Total 1/10 ownership 5+ weeks per year
AED 4,500,000
Amenities & Features
Detached Villa
8 Beds
9 Baths
6,800 Sq Ft
SLICIT FLEX
2022 Built
Private Beach
High number
Home Theater
Exterior size 26,000 Sq. Ft.
Air-conditioned Infinity Custom pool
View of Water
View of Landmark
Gated Estate
Sunrise Views
Sunset Views
Workout Room
Trophy Asset
Dubai Golden Visa
Over-sized Spa
Garage of 4 Covered parking of 6
Interior Features
Large entertaining areas with slide-away glass doors to exterior decks
Multi-tier custom 4K home theater with 16 seats and gaming area
8 bedrooms, all ensuite
Ultra-elegant indoor & outdoor living
16-feet ceilings in the living area
Massive chef's "show" kitchen + wet kitchen
Comfortable interior dining space for 30+
Workout room
Asset ID: DXB-PJ025
Palm Jumeirah, Dubai, UAE
Ownership share
AED 4500000
10% Ownership
5+ weeks per year
ROI bracket
25 - 35%
BUY SHARE
Location & Neighbourhood
Most exclusive gated community
Ultra-residential neighborhood
Short distance to shopping and dining
1.5 miles to The Pointe
1.6 miles to Nakheel Mall
4 miles to The Atlantis, The Palm
5 miles to Dubai Marina
15 miles to DIFC, Burj Khalifa and Dubai Mall
21 miles to Dubai International Airport (DXB)
Exterior Features
25' x 13' custom air-conditioned pool
Over-sized 13' X 7' spa
Outdoor kitchen
10,000+ sq. ft. of outdoor entertaining
Dedicated full pool bathroom
Private access to the lagoon beach
SLICIT Standard
Amenities
Professionally decorated
Dedicated Property Concierge
Daily Cleaning & Full Maintenance
Private, secure Owner storage
24/7 Security system
Cable
Fully furnished
100% Professionally Managed
Child friendly
Smart TVs
1Gb Internet
SLICIT Essentials
Schedule A
Viewing
Virtual Viewing
On-Site Viewing
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Our team is at your disposal to schedule a time at your earliest convenience.
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via phone, WhatsApp, Telegram or email.
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with a Live agent
Financials
Investment and ROI Summary
Cash-on-Cash Return
(Rent Growth)
10%
Capital Appreciation
(Property Growth)
10%
Market Rating
A
Property Grade
S
Asset ID: DXB-PJ025
Palm Jumeirah, Dubai, UAE
Ownership share
AED 4500000
10% Ownership
5+ weeks per year
ROI bracket
25 - 35%
BUY SHARE
Projected Annual Return
31%
Projected Rental Yield
10%
Projected Appreciation
21%
Year 5
Year 10
Year 20
Year 30
Your Investment
AED 4,500,000
AED 4,500,000
AED 4,500,000
AED 4,500,000
Cumulative Net Cash Flow
AED 2,250,000
AED 4,500,000
AED 9,000,000
AED 13,500,000
Cumulative Appreciation Gain
AED 4,725,000
AED 9,450,000
AED 18,900,000
AED 28,350,000
Total Investment Value
AED 11,475,000
AED 18,450,000
AED32,400,000
AED 46,350,000
Planned ROI over 5 years
+ 355%
Estimated Monthly Costs
Monthly Costs
Ownership
AED 4,500,000 (10%)
Per month
combined total expense:
AED 5,642
10% Ownership .50+
nights a year
VIEW FULL DETAIL
*SLICIT owners share home operating expenses. Expenses are passed along monthly at cost - no surprise fess or hidden costs.
Market & AI analysis
Why Palm Jumeirah?
Quite simply, the preferred choice for ultra-rich investors in Dubai is Palm Jumeirah Villas.
Known for its iconic palm-shaped structure and luxurious lifestyle offerings, Palm Jumeirah Villas has become the top choice for discerning investors seeking prestige and substantial returns. As the demand for luxury properties on the palm-shaped island continues to rise, this trend is confirmed by the Dubai Land Department (DLD).
According to the official governmental body DLD, Palm Jumeirah Villas have witnessed remarkable growth in recent years.
Asset ID: DXB-PJ025
Palm Jumeirah, Dubai, UAE
Ownership share
AED 4500000
10% Ownership
5+ weeks per year
ROI bracket
25 - 35%
BUY SHARE
Increase of median price per square foot: The median price per square foot has surged by 49.58 per cent year-on-year, reflecting the increasing demand for these opulent properties.
Increase of average cost of villas: the average cost of villas in Palm Jumeirah has reached around Dh24.7 million, showcasing a substantial year-on-year increase of 41.69 per cent. The number of transactions has also seen an impressive surge of 61.29 per cent year-on-year, indicating strong interest from buyers in this exclusive enclave.
Stability and Long-Term Potential: While newer communities may offer higher returns in the short term, investors are increasingly drawn to older communities’ stability and long-term potential. Palm Jumeirah, with its well-established infrastructure and prestigious reputation, Palm Jumeirah offers stability in an ever-evolving real estate market. The mature neighborhoods in Palm Jumeirah have demonstrated resilience in weathering market fluctuations and have shown steady capital appreciation.
The Shift Towards Signature Villas: Another exciting trend within Palm Jumeirah is the increasing preference for Signature Villas, the largest and most luxurious villa types on the island. This shift has resulted in both an increase in average transaction prices and average property sizes. Conversely, the number of transactions for Garden Homes, the next tier after Signature Villas, has experienced a decline in market share. This shift can be attributed to buyer preferences leaning towards more modern and contemporary properties with more significant space, privacy, and luxurious features.
Conclusion: Palm Jumeirah Villas have emerged as the top choice for ultra-rich investors in Dubai due to their exclusivity, prestigious location, and exceptional lifestyle offerings.
AI analysis -
How we do it?
The Challenge
Pricing trends in luxury real estate are notoriously difficult to measure. Sparse transaction data and unique property attributes are some of the challenges specific to this illiquid asset class..
Historically, price information has been difficult to come by for investors in luxury real estate. Transaction data is limited, so luxury real estate price information is obtained from brokers’ appraisals, which are often inaccurate proxies for market pricing
Appraisals, however, do not reflect real prices. Appraisals smooth over micro-market nuances that can make an enormous difference in property values. Additionally, luxury assets have unique characteristics that complicate valuation. Appraisals can conflate properties that are not at all alike. These difficulties are compounded when investors want to track pricing trends over time.
SLICIT's Ai Model
SLICIT’s innovative model pulls in actual transaction data on different property types across the UAE luxury market and other relevant markets to paint a more complete picture of thIs specific pricing landscape.
We capture correlations from repeat sales to produce a set of robust price indices, which investors can use to make timely investment decisions.
The Benefits
Ai-driven highest-grade valuation Model providing most accurate Current property values
Thorough, fact-based prediction Forecast over next 5 years
Best polymathic and trained decision-making tool on the market based on profitability and risk analysis
For The Technology Enthusiasts
SLICIT’s AI model is based on a novel tensor decomposition routine that captures correlation among the returns of a various sets of repeat-sale transactions. The approach allows us to effectively track pricing trends within different luxury property types and market groupings, even when the observed transaction data is sparse and/or heterogenous. We use 300+ parameters to analyse the data so as to provide the most accurate forecasts.
SLICIT’s model outputs allow us to monitor price trends for multiple markets and property pairings, test relationships between demographic and fundamental variables on future price growth, and understand individual property performance in terms of systematic and idiosyncratic components. We break up this correlation along geographic and property-type dimensions, then use these correlations to construct robust indices even in low sample settings.
The ability to spot trends in low sample settings is particularly important for the luxury market. Property data, as we’ve mentioned, can be sparse. Our model uses machine-learning to fill in gaps to help us round out our sample set. This proves useful when we have to deal with highly exclusive districts and/or new neighborhoods, for example, where fewer transactions were available. Our model is able to fill those gaps via tensor decomposition to more accurately represent the price dynamics in that market.
Buying Process
Step 1
Due Diligence
Property identified, and financial underwriting commenced. Once the property met the underwriting thresholds, initial call with property broker occurred to further diligence the qualitative / quantitative history of the property. Property was confirmed to meet initial diligence assumptions, and the broker answered additional diligence questions
Asset ID: DXB-PJ025
Palm Jumeirah, Dubai, UAE
Ownership share
AED 4500000
10% Ownership
5+ weeks per year
ROI bracket
25 - 35%
BUY SHARE
Step 2
Underwriting
Once the property passed through the initial level of diligence, further underwriting confirmed operating assumptions going forward. Conducted calls with three local property managers, property management / data analytics team at Awning, and lenders to reach our bull / bear / base case for underwriting
Step 3
Offer
The initial offer was placed on the property
Step 4
Offer Accepted
The final contract was agreed upon and executed by both parties
Step 5
Open Escrow
An earnest deposit in the amount of~10% of the purchase price was placed in escrow with the title insurance provider
Step 6
Negotiations Finalized
Property Seller repairs and credits finalized
Documents
DOCUMENTS
Document Name
Underwriting Summary.pdf
Uploaded On
May 1, 2023
4:20 PM
Document Name
Underwriting Summary.pdf
Uploaded On
May 1, 2023
4:20 PM
Asset ID: DXB-PJ025
Palm Jumeirah, Dubai, UAE
Ownership share
AED 4500000
10% Ownership
5+ weeks per year
ROI bracket
25 - 35%
BUY SHARE
Document Name
Underwriting Summary.pdf
Uploaded On
May 1, 2023
4:20 PM
Document Name
Underwriting Summary.pdf
Uploaded On
May 1, 2023
4:20 PM
Document Name
LLC Written Consent.pdf
Uploaded On
Apr 10, 2023
11:04 AM
Document Name
Appraisal.pdf
Uploaded On
Apr 10, 2023
11:04 AM
Document Name
LLC Articles of Organization.pdf
Uploaded On
Apr 10, 2023
11:04 AM
Document Name
Property Inspection.pdf
Uploaded On
Apr 10, 2023
11:04 AM
Document Name
LLC Company Agreement.pdf
Uploaded On
Apr 10, 2023
11:04 AM
Document Name
Seller Disclosure.pdf
Uploaded On
Apr 10, 2023
11:04 AM
Document Name
Property Inspection.pdf
Uploaded On
Apr 10, 2023
11:04 AM
Document Name
Appraiser Property Dimensions.pdf
Uploaded On
Apr 10, 2023
11:04 AM
Document Name
Comps.pdf
Uploaded On
Apr 10, 2023
11:04 AM
Document Name
Terms & Conditions of Fractionalised Assets
Uploaded On
Apr 10, 2023
11:04 AM
Document Name
Purchase Agreement.pdf
Uploaded On
Apr 10, 2023
11:04 AM