Distress Deal: Penthouse in AVANI Palm View Residences – Palm View | High Floor | AED 18,000,000

Lowest Market Price | Penthouse in AVANI Palm View Residences – AED 4M Below Market | Motivated Seller

The most significant distress penthouse opportunity currently available in AVANI Palm View Residences — and by all active market comparisons, the lowest listed price for a penthouse in this building. A motivated seller is offering this extraordinary high-floor penthouse at AED 18,000,000, representing a saving of AED 4,000,000 (approximately 18.2%) below the current market price of AED 22,000,000 for comparable penthouse inventory, and AED 1,200,000 below the seller’s own original purchase price of AED 19,200,000. Spanning 4,656 sq.ft of internal living space plus a 157 sq.ft private balcony, this is one of the largest and most impressive residential footprints available in Dubai Media City’s most prestigious branded residence tower — a full-floor or near-full-floor penthouse with direct, unobstructed Palm Jumeirah views from an elevated high-floor position. AVANI Palm View Residences is part of the Minor Hotels portfolio, one of the world’s most respected hospitality groups, delivering hotel-managed living with resort-calibre amenities, five-star service infrastructure, and an address in one of Dubai’s most connected and dynamic districts. For any buyer seeking to enter this building at the absolute best available price — and in the largest available configuration — this listing represents that singular opportunity.

Property Highlights

• Project: AVANI Palm View Residences
• Brand / Operator: AVANI Hotels and Resorts (Minor Hotels Group)
• Community: Dubai Media City, Al Sufouh, Dubai
• Unit Type: Penthouse
• Internal Area: 4,656 sq.ft
• Balcony Area: 157 sq.ft
• Total Area: 4,813 sq.ft
• Floor: High floor
• View: Full Palm Jumeirah view
• Asking Price: AED 18,000,000 (distress sale — motivated seller)
• Original Purchase Price (OP): AED 19,200,000
• Current Market Price: AED 22,000,000
• Saving vs Market Price: AED 4,000,000 (approximately 18.2% below market)
• Saving vs OP: AED 1,200,000 (approximately 6.25% below OP)
• Pricing Position: Lowest current market price for a penthouse in AVANI Palm View Residences
• Handover: Available on request — to be confirmed with latest developer update
• Status: Off-Plan / Near to Handover – Distress Property
• Parking: Available on request
• Ownership: Freehold – Open to all nationalities

About AVANI Palm View Residences – Dubai Media City

AVANI Palm View Residences is a landmark luxury branded residence development in Dubai Media City, developed in partnership with Minor Hotels Group — one of the world’s largest and most geographically diverse hospitality companies, operating over 550 properties across more than 55 countries under brands including AVANI, Anantara, NH Hotels, and Tivoli. The AVANI brand specifically represents the group’s contemporary, design-forward luxury positioning — a level above lifestyle hotel while maintaining the full-service amenity and operational infrastructure that distinguishes a managed branded residence from a standard luxury apartment. AVANI Palm View Residences rises above Dubai Media City’s mixed-use skyline with a view orientation that places the full Palm Jumeirah archipelago directly in its sightline from the upper floors — a view that is the defining visual asset of the entire development and one of the most commercially powerful residential views available in Dubai. Dubai Media City itself is one of the emirate’s most dynamic and densely networked business and creative districts, home to over 2,500 companies including regional headquarters for global media, technology, and professional services organisations. Residents of AVANI Palm View Residences live at the intersection of the city’s most active professional district and its most iconic coastal landmark — a combination that drives both lifestyle quality and investment performance to the highest possible level.

Community and Lifestyle

• AVANI Palm View Residences is positioned in Dubai Media City — one of Dubai’s most connected mixed-use districts, adjacent to Dubai Internet City, Knowledge Village, and in Media City’s creative and corporate hub
• The Palm Jumeirah view is the defining lifestyle and commercial feature of this development — from a high floor, the full arc of the Palm fronds, the crescent, and the Arabian Gulf beyond create a permanent and irreplaceable visual panorama
• Minor Hotels’ AVANI-branded management delivers five-star hospitality services including concierge, housekeeping, in-residence dining, and access to the full amenity programme — creating a hotel-in-residence lifestyle experience
• Within walking distance of the JBR beachfront, The Walk, Dubai Marina, and Bluewaters Island via the Media City corridor
• Direct access to Sheikh Zayed Road and the Dubai Tram network, providing connectivity across the full city
• Surrounded by the most complete concentration of five-star hotel amenities, premium dining, and lifestyle infrastructure on Dubai’s western coastal strip
• Suited to high-net-worth end-users, senior executives working in Media City or Marina, international investors, and short-term rental operators targeting the ultra-premium furnished residence market

Amenities

• AVANI-branded and Minor Hotels-managed amenity suite
• Infinity swimming pool with Palm Jumeirah and sea views
• State-of-the-art fitness centre and wellness facilities
• Spa and treatment rooms
• Sky lounge and residents-only entertainment spaces
• AVANI concierge — hotel-standard 24-hour resident services
• In-residence dining and room service
• Business centre and meeting facilities
• Children’s play areas
• Covered parking
• 24-hour security and building management
• Premium lobby with hotel-standard reception and arrival experience
• Housekeeping and property management services available
• Retail and dining at podium and community level

Layout and Floor Plan

This penthouse in AVANI Palm View Residences commands 4,656 sq.ft of internal living space plus a 157 sq.ft private balcony — a total footprint of 4,813 sq.ft that positions it among the most generous residential configurations currently available in Dubai Media City. At the penthouse level on a high floor with full Palm Jumeirah views, the layout is designed to maximise the panoramic outlook across the Palm and the Arabian Gulf through expansive glazing across the primary living and entertaining spaces. A penthouse of this scale would typically be configured across multiple bedrooms with en-suite bathrooms, a master suite of extraordinary proportions, a principal living and dining area, a formal reception, fitted kitchen with premium appliances, utility areas, staff accommodation, and the private balcony. The exact bedroom count, bathroom configuration, room-by-room dimensions, and detailed architectural floor plan for this specific penthouse unit in AVANI Palm View Residences are available on request. Please contact us to receive the full documentation package including the AVANI specification sheet.

Payment and Handover

This is a secondary market distress sale from a motivated seller. The pricing context is definitive:

• Asking Price: AED 18,000,000
• Original Purchase Price (OP): AED 19,200,000
• Current Market Price: AED 22,000,000
• Saving vs Market: AED 4,000,000 (approximately 18.2% below market)
• Saving vs OP: AED 1,200,000 (approximately 6.25% below OP)
• Pricing Position: Lowest current market price for a penthouse in this building
• Internal Area: 4,656 sq.ft | Balcony: 157 sq.ft | Total: 4,813 sq.ft

The buyer assumes the remaining payment plan instalments payable to the developer. Exact amounts paid and outstanding, the instalment schedule, Dubai Land Department (DLD) transfer fee (typically 4% of the purchase price — AED 720,000 on an AED 18,000,000 transaction), developer NOC charges, and applicable service charges are all available on request. Independent legal verification is strongly recommended before proceeding. Handover date is available on request and should be confirmed with the latest developer update. This is a freehold property available to all nationalities.

Location and Connectivity

• Palm Jumeirah: Direct view — the full Palm is visible from the high-floor balcony and living spaces
• JBR Beach and The Walk: Approximately 5 minutes by car
• Dubai Marina: Approximately 5 minutes by car
• Bluewaters Island and Ain Dubai: Approximately 7 minutes by car
• Mall of the Emirates: Approximately 10 minutes by car
• Dubai Internet City and Knowledge Village: Approximately 3 minutes by car
• Dubai Hills Mall: Approximately 15 minutes by car
• Downtown Dubai and Burj Khalifa: Approximately 20 minutes by car
• DIFC and Business Bay: Approximately 25 minutes by car
• Dubai International Airport: Approximately 30 minutes by car
• Dubai Tram access from Media City connecting to Dubai Marina and the Metro Red Line
• Direct access to Sheikh Zayed Road (E11) via the Media City interchange

Why Invest in This AVANI Palm View Penthouse

• The lowest price on the market: AED 18,000,000 — AED 4,000,000 below the current market of AED 22,000,000 and AED 1,200,000 below the seller’s own OP of AED 19,200,000. No comparable penthouse in this building is currently available at a lower price
• 18.2% below market in a single transaction: A saving of this magnitude on a penthouse in a Minor Hotels branded residence is exceptional — at this scale of discount, the buyer immediately holds a position that the market has already moved past
• 4,656 sq.ft + balcony at AED 18M: The price per square foot at this entry level — AED 3,866/sq.ft on internal area — is materially below what comparable branded penthouse product in Dubai Marina, JBR, and Palm Jumeirah currently commands, representing genuine structural value
• Permanent Palm Jumeirah view from high floor: No future development can obstruct the Palm Jumeirah view from this elevation — the view is permanent, legally irreducible, and among the most commercially powerful residential outlooks in the entire city
• Minor Hotels brand premium: The AVANI branded management model delivers measurable rental and resale premiums over unbranded equivalents — a global hospitality brand managing your asset drives consistently higher occupancy, nightly rates, and resale credibility
• Media City location premium: Dubai Media City is one of the most densely employed and highest-income professional districts in the UAE — generating structural demand for premium furnished residential from corporate relocation, executive housing, and high-net-worth tenants
• Short-term rental powerhouse: An AVANI-branded, fully serviced penthouse with Palm Jumeirah views in Media City is one of the highest-value STR configurations available anywhere in Dubai — nightly rates for four-bedroom penthouse inventory of this calibre significantly exceed the broader Dubai STR market
• Freehold ownership: Open to all nationalities with full Dubai Land Department title deed

Frequently Asked Questions (FAQs)