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Construction Status

100%

Payment Plan

100% Payment

Anticipated Completion Date

N/A

100% Payment

Description Milestone Event (%) Value
Down Payment Immediate 100%

Details

Title :

The Palace Downtown

Type :

Free Hold

Project Number :

N/A

Completion Status :

Completed/Ready

Life Cycle :

Mature

Master Development :

Old Town Island

Plot Number :

3450826

Project Configuration :

N/A

Number Of Units :

N/A

Number Of Floor :

N/A

Plot Area :

N/A

Built Up Area :

N/A

Construction Status :

100%

Launch Date :

N/A

Registration Date :

N/A

Construction Started Date :

N/A

Anticipated Completion Date :

N/A

Cost Consultants :

N/A

Piling Contractors :

N/A

Handover Date :

N/A

Main Contractors :

N/A

Sub Contractors :

N/A

Architects :

N/A

MEP Contractors :

N/A

Project Managers :

N/A





Description

Location

The Palace Downtown is a luxury 5-star hotel located on Old Town Island in Downtown Dubai, overlooking Burj Lake, Dubai Fountain, and Burj Khalifa. It is directly connected to Souk Al Bahar and is only a short walk from Dubai Mall

Developer & Operator

Developed by Emaar Properties and operated under Address Hotels + Resorts, The Palace Downtown is one of Dubai's most iconic luxury hospitality destinations. (

Property Type

A luxury 5-star resort-style hotel featuring 242 elegantly appointed rooms and suites, designed for both leisure and business travel

Architecture & Design

The Palace Downtown blends traditional Arabian architecture with contemporary luxury. The hotel features ornate arches, landscaped courtyards, palm-lined gardens, and elegant interiors inspired by Middle Eastern heritage, creating a palace-like atmosphere in the heart of Downtown Dubai. 

Amenities

  • Outdoor swimming pool overlooking Burj Lake
  • Luxury spa and wellness centre
  • Fully equipped fitness centre
  • Multiple award-winning restaurants and cafés
  • Meeting and event facilities
  • Royale Ballroom for weddings and events
  • Concierge and valet parking
  • Complimentary Wi-Fi
  • Business centre
  • 24/7 room service and security 

Views

Guests enjoy breathtaking views of:

  • Burj Khalifa
  • Dubai Fountain
  • Burj Lake
  • Old Town Island
  • Downtown Dubai skyline 

Nearby Attractions

  • Burj Khalifa
  • Dubai Mall
  • Dubai Fountain
  • Souk Al Bahar
  • Dubai Opera
  • Burj Park
  • Sheikh Mohammed Bin Rashid Boulevard

Investment Highlights

  • Prime waterfront location in Downtown Dubai
  • Developed by Emaar Properties
  • Iconic Arabian-inspired luxury hotel
  • Direct access to Souk Al Bahar and Dubai Mall
  • Exceptional hospitality and world-class dining
  • One of Dubai's most sought-after luxury destinations 

 

Location

Yearly Transactions and Sales

Transactions and Sales by Property Types

Price Per Square Feet "Sale"