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JR Penthouse | Wrap Terrace | Partial Sea
dubai-rent·penthouse·Palm Jumeirah

JR Penthouse | Wrap Terrace | Partial Sea

Soho Palm Jumeirah

penthouse3 BR4 BA2,017 SQFT

-AED 15K

Price Cut

AED 183

PRICE/SQFT

15d

On Market

AED 2K

MONTHLY EST.

1x

Times Dropped

Current asking price

AED 370K

3.9% (-AED 15K) from last price
🔄
Relisted — this listing was removed and reappeared (last: 10 Apr)

Listing details

Bedrooms

3

Bathrooms

4

Size

2,017 sqft

Price/sqft

AED 183

Area

Palm Jumeirah

Building

Soho Palm Jumeirah

Listed

30 Mar 2026

Broker: White & Co Real Estate·Ref: RL-206313

Price history

30 Mar 2026

Original

AED 385K

10 Apr 2026

Drop #1

AED 370K

3.9% (-AED 15K)

Total reduction: 3.9% (-AED 15K off original)

Price History

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Mortgage Estimate

AED 2K /month

20% down · 25yr · 6% rate (UAE Central Bank guidelines)

Down Payment (20%)

AED 74K

DLD Fee (4%)

AED 15K

Total to Close

AED 89K

Loan Amount

AED 296K

Market comparables

AED 183/sqft 97% below area avg of AED 6,803/sqft

Ranked #2 of 12 by price/sqft (lower is better)

Price/sqft distribution

Showing 10 of 11 comparable listings in the same area

Market Comparables

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Area intelligencePalm Jumeirah

17 active listings in this area

Median price

AED 35.95M

Median /sqft

AED 7,261

Price range

AED 370K – AED 400.00M

Avg. days listed

4d

8 similar 3-bed penthouses in Palm Jumeirah

223 drops this month vs 446 last month(slowing market)

Area Intelligence

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Opens on PropertyFinder

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Deal score

51/100Good opportunity
Price dropped 3.9%
7/35
Negotiability (18/100)
5/25
99% below median
20/20
Data confidence 90%
9/10
Relisted (urgency signal)
10/10
DropNegot.MedianConf.Relist

Seller motivation

20/100Holding
Listed 15 days ago — Recently listed5/25
1 price cut5/25
Total reduction: 3.9%5/25

Seller Motivation

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Negotiability

18

Limited flexibility

Seller motivation
8/40
Price cuts count
4/20
Total price reduction
4/20
Time on market
2/15

Suggested offer range

AED 344KAED 359K

37% below asking of AED 370K

Based on market data for similar properties in this area

Negotiability Score

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Area comparison

99% below median

Area median: AED 35.95M (17 active listings in Palm Jumeirah)

Median
LowHigh

Area Comparison

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Data confidence

90%

Why: sourced from Bayut with verified reference number

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