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Palme Couture

Completed

Developed by INNOVATE DEVELOPMENT L.L.C. Located in Palm Jumeirah.

Construction progress100%Expected 31 Dec 2015
Units151 buildings · 0 villas
Registered sales261 in the last 12 months
Median sale priceAED 21.86MMedian of registered salesAED 3,610/sqft

Registry record

Project number
1529
Name on the register
بالم كوتور
Developer
INNOVATE DEVELOPMENT L.L.C
Master developer
شركة النخلة - جميرا (ش.ذ.م.م)
Escrow agent
DUBAI ISLAMIC BANK (PUBLIC JOINT STOCK COMPANY)
Zoning authority
Trakhees
Master project
Palm Jumeirah
Start date
6 Apr 2014
Expected completion
28 Mar 2018
Actual completion
31 Dec 2015
Cancelled
Not recorded
Plots
0
Progress
100%

PROJECT CONSISTS OF B+G+9+R RESIDENTIAL APARTMENTS LOCATED IN PALM JUMEIRAH. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.

Sales evidence

Median size
4,937 sqft
Median price per sqft
AED 3,610/sqft
Total value transacted
AED 691.91M
Off-plan vs ready
0 off-plan · 26 ready
First sale
20 Aug 2013
Latest sale
17 Sept 2025

Service charges (2022)

The owner-association charge approved by the Land Department, broken down by cost category. Totalling AED 40 per square foot per year — the recurring cost of ownership that an asking price never shows.

CategoryUsageManaged byAED/sqft
ServicesResidentialSTRATUM OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C9.00
Reserved FundResidentialSTRATUM OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
MaintenanceResidentialSTRATUM OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C11.00
Utilities ServicesResidentialSTRATUM OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C11.00
Management ServicesResidentialSTRATUM OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C6.00
InsuranceResidentialSTRATUM OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
Master CommunityResidentialSTRATUM OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
17 Sept 2025Palm JumeirahPalme CouturePalm JumeirahFlatExisting Properties4 B/R7,448 sqftAED 4,632/sqftAED 34,500,000
21 Jul 2022Palm JumeirahPalme CouturePalm JumeirahFlatExisting Properties3 B/R4,937 sqftAED 7,090/sqftAED 35,000,000
24 Jan 2022Palm JumeirahPalme CouturePalm JumeirahFlatExisting Properties3 B/R4,774 sqftAED 5,028/sqftAED 24,000,000
4 Jan 2022Palm JumeirahPalme CouturePalm JumeirahFlatExisting Properties5 B/R10,185 sqftAED 4,713/sqftAED 48,000,000
29 Jul 2021Palm JumeirahPalme CouturePalm JumeirahFlatExisting Properties4 B/R13,584 sqftAED 5,300/sqftAED 72,000,000
29 Jul 2021Palm JumeirahPalme CouturePalm JumeirahFlatExisting Properties3 B/R4,323 sqftAED 5,321/sqftAED 23,000,000
4 Jun 2021Palm JumeirahPalme CouturePalm JumeirahFlatExisting Properties4 B/R4,917 sqftAED 5,023/sqftAED 24,700,000
24 May 2021Palm JumeirahPalme CouturePalm JumeirahFlatExisting Properties3 B/R4,777 sqftAED 4,187/sqftAED 20,000,000
12 Apr 2021Palm JumeirahPalme CouturePalm JumeirahFlatExisting Properties3 B/R4,757 sqftAED 4,362/sqftAED 20,750,000
29 Mar 2021Palm JumeirahPalme CouturePalm JumeirahFlatExisting Properties4 B/R7,448 sqftAED 2,873/sqftAED 21,400,000
4 Mar 2021Palm JumeirahPalme CouturePalm JumeirahFlatExisting Properties3 B/R4,917 sqftAED 4,067/sqftAED 20,000,000
4 Mar 2021Palm JumeirahPalme CouturePalm JumeirahFlatExisting Properties3 B/R4,936 sqftAED 3,647/sqftAED 18,000,000
4 Feb 2021Palm JumeirahPalme CouturePalm JumeirahFlatExisting Properties4 B/R6,841 sqftAED 2,535/sqftAED 17,340,000
4 Feb 2021Palm JumeirahPalme CouturePalm JumeirahFlatExisting Properties4 B/R5,430 sqftAED 2,763/sqftAED 15,000,000
1 Feb 2021Palm JumeirahPalme CouturePalm JumeirahFlatExisting Properties5 B/R10,087 sqftAED 4,312/sqftAED 43,500,000
12 Aug 2020Palm JumeirahPalme CouturePalm JumeirahFlatExisting Properties3 B/R4,937 sqftAED 2,937/sqftAED 14,500,000
9 Mar 2020Palm JumeirahPalme CouturePalm JumeirahFlatExisting Properties3 B/R4,777 sqftAED 3,559/sqftAED 17,000,000
3 Feb 2020Palm JumeirahPalme CouturePalm JumeirahFlatExisting Properties3 B/R4,757 sqftAED 3,574/sqftAED 17,000,000
9 May 2019Palm JumeirahPalme CouturePalm JumeirahFlatExisting Properties3 B/R4,323 sqftAED 3,460/sqftAED 14,953,939
8 Apr 2019Palm JumeirahPalme CouturePalm JumeirahFlatExisting Properties5 B/R10,185 sqftAED 3,308/sqftAED 33,694,000
20 Feb 2019Palm JumeirahPalme CouturePalm JumeirahFlatExisting Properties3 B/R4,917 sqftAED 150/sqftAED 737,559
18 Dec 2018Palm JumeirahPalme CouturePalm JumeirahFlatExisting Properties4 B/R4,917 sqftAED 3,762/sqftAED 18,500,000
18 Dec 2018Palm JumeirahPalme CouturePalm JumeirahFlatExisting Properties4 B/R13,584 sqftAED 3,463/sqftAED 47,046,070
18 Dec 2018Palm JumeirahPalme CouturePalm JumeirahFlatExisting Properties5 B/R10,087 sqftAED 3,470/sqftAED 35,000,000
11 Jan 2017Palm JumeirahPalme CouturePalm JumeirahBuildingExisting PropertiesNot specified29,729 sqftAED 751/sqftAED 22,311,314

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication.