The Palm Crown: Palm Jumeirah's Next Luxe Landmark
The Pointe, once a bustling hub of dining and entertainment at the peak of Palm Jumeirah, is set for a stunning transformation. Since its opening in December 2018, The Pointe has been home to a cinema, dancing fountains, and a vibrant array of eateries. But the developer Nakheel announced plans for a significant redevelopment of this iconic spot due to commence demolition by Sept 2024 and redevelopment will start Dec 2024 on the new community.
Unveiling The Palm Crown
Step into a world of unparalleled luxury with The Palm Crown, a collection of 38 meticulously crafted villas that boast breathtaking views of the legendary Atlantis, surrounded by lush greenery that enhances the serene ambiance. This exclusive development offers a blend of tranquillity and opulence, with two distinct villa categories: the Crown Views plots and the Crown Garden Villas.
Exclusive Living with Stunning Views
The 18 Crown Views plots provide a blank canvas for creating your personalized oasis, each featuring private beach access and panoramic views of the Palm Crescent, Atlantis, and Royal Atlantis hotels. The 20 Crown Garden Villas offer a tranquil escape amidst verdant landscapes, perfect for those seeking serenity.
Architectural Marvels with Bespoke Designs
Each plot measures approximately 45m x 34m, with an average Gross Floor Area (GFA) of 1,175 square meters. Buyers can choose from four exclusive villa designs, each featuring both exterior and interior finishing options. Interiors can be fully-fitted or left as shell and core, allowing owners to customize their spaces extensively. Expansive beach-facing windows, luminous terraces, and glass balustrades create a seamless blend with the beachfront setting while ensuring privacy.
The villas feature a grand foyer, a spacious guest suite with independent access, and master bedrooms that include roof lounges with stunning sunset views. A guiding document ensures architectural harmony and privacy across the development.
Luxurious Amenities and Elevated Lifestyle
Beyond the elegant residences, The Palm Crown offers a wealth of amenities designed to elevate every aspect of your lifestyle. Residents can unwind in a state-of-the-art gym, take a refreshing dip in the swimming pool, or explore vibrant retail outlets. Each day here is a celebration of indulgence and relaxation.
Coastal Living at its Finest
Experience coastal living at its finest at The Palm Crown by Nakheel, where luxury knows no bounds and sophistication meets serenity in perfect harmony. This prestigious community promises an exquisite lifestyle, blending breathtaking views, elegant residences, and a suite of world-class amenities.
Discover the epitome of opulence and make The Palm Crown your sanctuary in Dubai's most iconic locale.
Palm Jumeirah’s Ongoing Transformation
The Palm Crown joins a slew of high-end residential projects currently underway on Palm Jumeirah, including developments by SLS, Six Senses, and Dorchester Collection. Adding to the excitement is Como Residences, a breathtaking new skyscraper set to grace the trunk of The Palm. Inspired by its waterfront locale, each floor of Como Residences will mimic the waves of the ocean, making it a standout architectural marvel. At 75 floors, it will soar above the existing tallest building on Palm Jumeirah, the 52-floor Palm Tower.
Palm Jumeirah Takes the Lead in 27% Market Surge
Dubai's real estate market is on a thrilling upward trajectory in 2024, with home prices soaring by over 27% compared to May 2023. This remarkable growth showcases Dubai’s lasting allure and the unwavering confidence investors have in its market stability and future potential.
Palm Jumeirah stands at the forefront of this real estate renaissance. Apartments on this iconic island have seen capital gains ranging from 21% to over 30% annually, marking an impressive recovery and surpassing pre-COVID peak prices from 2014. Palm Jumeirah has solidified its reputation as the ultimate destination for luxury real estate.
The villa market is also experiencing a significant upswing. Villas have posted the largest monthly rise of 2.4%, with annual values skyrocketing by 32.5%, reaching 221.2 points on the index. This surge is largely driven by a robust demand for prime properties, especially those priced above AED 30 million.
Dubai's real estate landscape continues to thrive, propelled by a mix of investor confidence, strategic development, and the city’s unceasing appeal as a global hub for luxury living. With Palm Jumeirah leading the charge, the market shows no signs of slowing down, promising an exciting year ahead for both investors and residents.
Meanwhile, several high-profile projects from as far back as 2008, which were never completed, are being redesigned and relaunched. These include Nakheel’s man-made Palm Jebel Ali Island and the Dubai Pearl.
As Dubai’s property market continues to thrive, these ambitious redevelopment projects signify a dynamic shift in the city’s landscape, promising an exciting future for residents and investors alike. With The Palm Crown, Nakheel continues to elevate the standard of luxury living, ensuring Palm Jumeirah remains a pinnacle of opulence in Dubai’s booming real estate market.