About this property
Downtown Dubai Palms brings a new benchmark to Downtown Dubai: 60 thoughtfully-designed penthouses, private beach club across the roof deck, fitness studio, and kids club. The residences are minutes from Dubai Fountain and offer direct access to Dubai Mall. Delivered by Ellington Properties, one of the most active developers in the region, Downtown Dubai Palms launches with a friendly payment plan (see below) and a projected 5โ7% yield backed by a professional hospitality operator.
Project details
| Developer | Ellington Properties |
|---|---|
| Property type | Penthouse |
| Status | Finishing works |
| Completion | Q3 2026 |
| Handover year | 2026 |
| Construction | 82% complete โ Finishes and MEP commissioning in progress |
| Last update | Jun 15, 2026 |
| Bedrooms | 0-4 |
| Unit sizes | 48โ146 mยฒ |
| Total units | 42 across 4 unit types |
| Available now | 24 units |
| Starting price | $445K up to $1.56M |
| Payment plan | 30% down ยท 40% during build ยท 30% on handover |
| Projected ROI | 8โ10% net rental yield |
| Location | Downtown Dubai, UAE โ Downtown Dubai |
Unit types & prices
| Unit | Size | Bedrooms | Price | Available |
|---|---|---|---|---|
| Studio | 48 mยฒ | Studio | $445K | 1 left |
| 1BR Deluxe | 49 mยฒ | 1 BR | $735K | 12 left |
| 3BR Penthouse | 56 mยฒ | 3 BR | $990K | 5 left |
| 4BR Villa | 146 mยฒ | 4 BR | $1.56M | 6 left |
Payment plan
๐ก Handover-ready payment schedule: 30% on booking, 40% in two installments over 6 months, 30% on completion.
Construction progress
Amenities
Location & neighborhood
Located in Downtown Dubai, UAE, Downtown Dubai Palms is walking distance to Dubai Fountain and a short drive from Dubai Mall. The neighbourhood is one of the most sought-after enclaves in the region, offering a rare mix of lifestyle amenities and long-term capital appreciation.
๐ Downtown Dubai Palms, Downtown Dubai, UAE
- Dubai Mall Landmark 0.8 km โ 7 min
- Downtown Dubai Center 1.2 km โ 4 min
- Burj Khalifa Landmark 1.2 km โ 4 min
- Dubai International (DXB) Airport 10.0 km โ 22 min
- Palm Jumeirah Landmark 18 km โ 39 min
- JBR Beach Beach 20 km โ 33 min
- Al Maktoum Airport (DWC) Airport 36 km โ 58 min
Distances are straight-line; drive times are estimated averages.
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