
JR Penthouse | Wrap Terrace | Partial Sea
Soho Palm Jumeirah
-AED 15K
Price Cut
AED 183
PRICE/SQFT
15d
On Market
AED 2K
MONTHLY EST.
1x
Times Dropped
Current asking price
AED 370K
Listing details
3
4
2,017 sqft
AED 183
Palm Jumeirah
Soho Palm Jumeirah
30 Mar 2026
Price history
30 Mar 2026
Original
AED 385K
10 Apr 2026
Drop #1
AED 370K
−3.9% (-AED 15K)
Price History
Upgrade to InsiderAED 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
| Title | Price | /sqft | Drop |
|---|---|---|---|
| Vacant Now | Golden Mile / Burj Vie… | AED 370K | 180 | — |
| Penthouse|Vignette Collection|Panor… | AED 1.10M | 314 | — |
| LUXE | Presidential Suite | Furnish… | AED 2.00M | 390 | — |
| Six Senses Palm View | High ROI | B… | AED 23.00M | 6,779 | — |
| 1 of 1 | Penthouse | Private Roofto… | AED 76.00M | 7,261 | — |
| 4BR Penthouse | Palm View | Beach A… | AED 35.95M | 7,873 | — |
| 4BR Sea View | Handover2026 | Dorch… | AED 52.22M | 7,995 | — |
| Sky-High Luxury | Penthouse | Panor… | AED 65.00M | 9,859 | — |
| Luxurious 3BR | Palm and Sea View |… | AED 35.00M | 10,186 | — |
| Prestigious Living with Palm and Se… | AED 38.00M | 11,063 | — |
Showing 10 of 11 comparable listings in the same area
Market Comparables
Upgrade to InsiderArea intelligence — Palm 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
Upgrade to InsiderDeal score
Deal Score
Upgrade to InsiderSeller motivation
Seller Motivation
Upgrade to InsiderNegotiability
Limited flexibility
Suggested offer range
AED 344K – AED 359K
3–7% below asking of AED 370K
Based on market data for similar properties in this area
Negotiability Score
Upgrade to InsiderArea comparison
99% below median
Area median: AED 35.95M (17 active listings in Palm Jumeirah)
Area Comparison
Upgrade to InsiderData confidence
Why: sourced from Bayut with verified reference number
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