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Palme Couture

by INNOVATE DEVELOPMENT L.L.C·PALM JUMEIRAHResidentialFreehold

Development & Handover Profile

✓ Handover Complete
Construction Progress100.0%
Project Start
Apr 6, 2014
Expected Handover
Dec 31, 2015
Total Units
15
Avg Unit Size
6444 sqft
Freehold Ratio
100%
Escrow Agent
Dubai Islamic Bank PJSC
Median Price
AED 21.86M
PSF
AED 3,610/sqft
Sales 12M
1
vs Area
+628.5%
Asset Turnover
ⓘ
6.7%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
15
Avg Unit Size
6444 sqft
4BR+
46.7%
3BR
53.3%

Room Configuration

Unit TypeCountShare
3BR853.3%
4BR+746.7%

Price & Volume Trend

Unit Liquidity Matrix

⚠️ Ghost Units Detected

Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.

Unit TypeInventory ShareSales Share (12M)Demand IndexStatus
3BR53.3%
8 units
0.0%
0 sold
—🚫 GHOST UNIT
4BR+46.7%
7 units
100.0%
1 sold
2.14⚠️ STAGNANT
Investor Warning: This project contains “Ghost Units” — configurations that make up a large portion of the building but see near-zero secondary market trading. Reselling these specific unit types may take significantly longer than average.

Recent Transactions

DateAreaProjectRoomsPricePSFStatusOwnership
17 Sep 2025
PALM JUMEIRAH4BR+AED 34.50MAED 4,632/sqftReadyFreehold
21 Jul 2022
PALM JUMEIRAH3BRAED 35.00MAED 7,090/sqftReadyFreehold
24 Jan 2022
PALM JUMEIRAH3BRAED 24.00MAED 5,028/sqftReadyFreehold
4 Jan 2022
PALM JUMEIRAH4BR+AED 48.00MAED 4,713/sqftReadyFreehold
29 Jul 2021
PALM JUMEIRAH4BR+AED 72.00MAED 5,300/sqftReadyFreehold
29 Jul 2021
PALM JUMEIRAH3BRAED 23.00MAED 5,321/sqftReadyFreehold
4 Jun 2021
PALM JUMEIRAH4BR+AED 24.70MAED 5,023/sqftReadyFreehold
24 May 2021
PALM JUMEIRAH3BRAED 20.00MAED 4,187/sqftReadyFreehold
12 Apr 2021
PALM JUMEIRAH3BRAED 20.75MAED 4,362/sqftReadyFreehold
29 Mar 2021
PALM JUMEIRAH4BR+AED 21.40MAED 2,873/sqftReadyFreehold
4 Mar 2021
PALM JUMEIRAH3BRAED 20.00MAED 4,067/sqftReadyFreehold
4 Mar 2021
PALM JUMEIRAH3BRAED 18.00MAED 3,647/sqftReadyFreehold
4 Feb 2021
PALM JUMEIRAH4BR+AED 17.34MAED 2,535/sqftReadyFreehold
4 Feb 2021
PALM JUMEIRAH4BR+AED 15.00MAED 2,763/sqftReadyFreehold
1 Feb 2021
PALM JUMEIRAH4BR+AED 43.50MAED 4,312/sqftReadyFreehold
12 Aug 2020
PALM JUMEIRAH3BRAED 14.50MAED 2,937/sqftReadyFreehold
9 Mar 2020
PALM JUMEIRAH3BRAED 17.00MAED 3,559/sqftReadyFreehold
3 Feb 2020
PALM JUMEIRAH3BRAED 17.00MAED 3,574/sqftReadyFreehold
9 May 2019
PALM JUMEIRAH3BRAED 14.95MAED 3,459/sqftReadyFreehold
8 Apr 2019
PALM JUMEIRAH4BR+AED 33.69MAED 3,308/sqftReadyFreehold
20 Feb 2019
PALM JUMEIRAH3BRAED 738KAED 150/sqftReadyFreehold
18 Dec 2018
PALM JUMEIRAH4BR+AED 35.00MAED 3,470/sqftReadyFreehold
18 Dec 2018
PALM JUMEIRAH4BR+AED 47.05MAED 3,463/sqftReadyFreehold
18 Dec 2018
PALM JUMEIRAH4BR+AED 18.50MAED 3,762/sqftReadyFreehold
11 Jan 2017
PALM JUMEIRAHAED 22.31MAED 750/sqftReadyFreehold
20 Aug 2013
PALM JUMEIRAHAED 33.98MAED 1,143/sqftReadyFreehold
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