Urgent Sale | 3.9% Below OP | 2 BR in SLS Residences The Palm

Overview of the deal

This is the resale of one 2-bedroom apartment at SLS Residences The Palm, developed by Roya Lifestyle Development on Palm Jumeirah. The owner wants a quicker sale and is asking AED 8,325,435. By the owner's figures, that is AED 333,017, or 3.9%, below the original price plus the 4% DLD fee paid on the first purchase.

Handover is expected in Q4 2026, so this is one of the off-plan properties Dubai buyers can take over close to completion. Every figure here should be verified at enquiry, as the unit may be reserved or sold before the page is updated.

The unit

• 2 bedrooms, 2,242 sq ft

• Ground floor

• A balcony

• Direct access to the pool

• No particular view listed

Direct pool access is what sets this layout apart. When people compare a 2 bedroom apartment Dubai offers on the island, they often weigh floor height and outlook. Here the trade is a ground-level home with the pool at the door instead of a high-floor view.

The building and community

SLS Residences The Palm stands on The Palm Jumeirah, the palm-shaped island off the Dubai coast and one of the best-known addresses in Dubai real estate. The SLS name places the building in the branded-residence segment of the market for luxury apartments Dubai buyers follow.

Palm Jumeirah properties draw buyers who want a beach-side address inside the city. This record has no amenities list, so ask for the building specification and floor plan before you commit.

Price, discount and payment position

• Original price plus 4% DLD: AED 8,658,452

• Asking price: AED 8,325,435

• Discount: AED 333,017 (3.9%)

Due on transfer, per the owner:

• Payment to the seller: AED 4,995,261

• DLD transfer fee (4% of the original price plus AED 40): AED 333,057

• Trustee office fee: AED 5,250

• Buyer's agency commission (2% plus VAT): AED 174,834

The total on transfer is AED 5,508,403. The remaining payment plan is one instalment of AED 3,330,174 dated 31 July 2026. That date has passed, so ask whether the seller has paid it, whether it is outstanding, or whether it was rescheduled with the developer. The owner puts the total cost for the buyer at AED 8,838,577.

The discount is the owner's figure, measured against the original price plus DLD rather than a current valuation, and it should be verified at enquiry. It is not a guaranteed valuation, return or financial advice.

Why this deal and for whom

You buy property in Dubai below what the first buyer paid, with handover expected within months. Many apartments for sale in Dubai at this level are bought either at launch or finished, and this unit sits between the two.

• End users who want a family-sized home on Palm Jumeirah with pool access

• Buyers with cash for the transfer payments and any instalment still due

• Those weighing Dubai property investment who accept that rental and resale results are never guaranteed

It suits less well anyone who needs a long payment plan Dubai developers offer at launch, because most of the balance falls at or around transfer.

What happens next

• Contact Mahboob Estate to confirm availability and the current price.

• We check the payment status with the owner, including the July 2026 instalment.

• You review the developer's statement of account and the floor plan.

• Both sides sign the sale agreement.

• The transfer is completed at the trustee office.

As a real estate agency Dubai buyers deal with directly, we keep each step in writing. Like other properties for sale in Dubai on resale, this one is only secured once the transfer is done.

FAQ

How is the 3.9% discount worked out?

The owner compares the asking price with the original price plus 4% DLD of AED 8,658,452. Please verify these figures at enquiry.

Has the July 2026 instalment been paid?

The date has passed, and its status must be confirmed with the seller and the developer before you commit.

When is handover?

Handover is expected in Q4 2026, with December 2026 on record as the completion date. Timelines can move, so confirm with the developer.