Palm Jumeirah
AED23,000,000
Project general facts Armani Beach Residences at Palm Jumeirah once again brings together two of the world’s most renowned cultural figures: Giorgio Armani and…
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Source: Reelly project starting price; official UAE Golden Visa property threshold (AED 2,000,000); Dubai Land Department transfer fee of 4%. Rule last verified by DubaiYield on 2026-08-14 (published public rule — not a live government API).
Payment Plan
10%
On booking
AED2,300,000
35%
During construction
AED8,050,000
55%
Upon Handover
Due on handover
AED12,650,000
Percentages from developer payment plan via Reelly. Confirm in SPA.
Golden Visa
Property at AED 2,000,000 or above may qualify for the UAE 10-year Golden Visa. Off-plan purchases can qualify once the SPA is registered with the Dubai Land Department, including bank-financed purchases.
Threshold
AED2,000,000
Likely eligible — 10-year Golden Visa
Indicative guidance only. Eligibility is subject to legal and regulatory review. The 10-year Golden Visa property route is distinct from shorter investor residency programmes.
Palm Jumeirah is Dubai’s landmark freehold peninsula, known for beachfront villas, apartments, and branded residences along the fronds and trunk.
Buyer profiles skew toward second homes and lifestyle-led purchases, alongside investors seeking scarcity on a finite island footprint.
Entry tickets and unit types vary widely by plot and brand. Payment schedules and handover timing should be read from the developer’s published plan for each release.
Arada is a property development company founded in 2017 by HH Sheikh Sultan bin Ahmed Al Qasimi, Chairman of Basma Group, and Prince Khaled bin Alwaleed bin Talal, Chairman of KBW Investments. The company's initial focus was the emirate of Sharjah, where it has since expanded into Dubai and, more recently, into markets outside the UAE, including Australia and the United Kingdom. Ahmed Alkhoshaibi serves as Group CEO.
Arada's first Sharjah project, Nasma Residences, launched in March 2017. Its largest project to date is Aljada, a mixed-use development spanning approximately 24 million square feet that combines residential, retail, and leisure components. Arada has also developed Masaar, a villa community built around forested green space. In Dubai, the company has entered the market with projects including Jouri Hills, along with branded residences developed under names including Armani Beach Residences and W Residences.
Beyond residential development, Arada operates a number of associated brands in areas such as fitness, food and beverage, and local retail. The company has also expanded internationally, including the acquisition of a majority stake in a London-based mixed-use developer.
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