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Royal Atlantis Residences, Dubai

The Royal Atlantis Residences, a fully-owned subsidiary of Investment Corporation of Dubai, are destined to become a new landmark, world-renowned address and will be Dubai’s first super-prime residential development. The Royal Atlantis Residences will consist of a selection of two, three & four homes, Sky Courts, Penthouses and Garden Suites. When completed, The Royal Atlantis Resort & Residences will offer 231 Residences and 795 new lavish guest rooms and suites in the Resort on over 10 hectares of land.

The Royal Atlantis Residences will consist of contemporary living spaces with uninterrupted views of the ocean or across the waters of The Palm towards the Dubai city skyline. A team of international experts have come together including award winning architects-- KPF Associates, residential interior designer – Sybille de Margerie, water feature creators – WET and sky pool and lounge designer—the 90 metre sky-high infinity pool experience-- David Mexico to create the newest icon in Dubai.

Developer: Atlantis, The Palm 2 Development LLC

Location: Situated in Crescent Road, The Palm, Dubai, United Arab Emirates

No of Units: 231 units

No of Storeys: 37

Unit Type: 2, 3, 4 & 5 bedroom apartments (Residences & Signature collection)

Apartment Size:  1,438 to 17,000 sq ft (Residences & Signature collection)

Completion: Q3 2019

Tenure: Freehold

Apartment Features:

Interiors

  • Polished stone flooring in living areas, kitchens and bathrooms
  • Carpet in bedrooms and dressing areas
  • Double glazed floor-to-ceiling windows with sliding doors to balconies and terraces
  • Stone flooring to terraces/balconies

Bedroom

  • Bespoke wardrobes, with timber veneer doors for cupboards or walk-in dressing areas for all bedrooms, featuring custom-designed interiors with integrated lighting

Kitchen

  • Designer kitchens featuring handle-free timber veneered cupboards with integrated cabinet lighting
  • Custom-designed internal compartmentalised cupboards, including concealed refuse and recycling bins
  • Stone worktops with matching splash backs
  • Stainless steel undermounted sink with mixer tap
  • Gaggenau integrated oven, built-in combination microwave, built-in coffee machine, built-in combination steamer, induction hob, integrated dishwasher, integrated fridge-freezer, integrated wine cooler
  • Concealed recirculating extraction hood

Bathroom

  • Polished stone flooring throughout and selected walls
  • Rain and wall-mounted showerhead with wall-mounted thermostatic controls
  • Free-standing bath
  • Undermounted basin and vanity counter with tapware to match colour scheme
  • Mirrored cabinet with feature lighting
  • Wall-mounted WC with soft-close lid and dual-flush plate
  • Chrome accessories

Amenities:

  • Dedicated porte cochère with valet parking
  • Lobby with reception and lounge areas, access to three lift cores serving the Residences and separately controlled access to the Resort Lobby
  • Concierge services
  • Meeting rooms
  • Library
  • Residents' pool
  • Residents' beach
  • Residents' gym

Security:

  • 24-hour security desk
  • CCTV in Residential areas
  • Access to individual Residences via telephone intercom system
  • Residences entry door: manual key, doorbell, video intercom system
  • Passive and active fire protection systems in Residential areas
  • Driveway: boom gates, bollards, fob or card readers
  • Service lift: key card reader

Estimated Service Charge: Est. 40 AED per sq. ft. (equivalent to USD 11)

Car Parking:

  • Minimum of 2 parking spaces per unit
  • Access to gated underground car park via electronic entry system
  • Dedicated car park space(s)
  • Bicycle and other storage areas may be available for residents
  • Penthouse dedicated car park spaces close proximity to lift

Transportation:

  • 12 minutes’ walk or 3 minutes by car to Palm Atlantis Monorail Station
  • 36 and 37 minutes by car to Dubai International Airport and DWC Al Maktoum International Airport respectively

Payment Terms:

  • The Reservation fee: Residences collection AED 37,500 (equivalent to USD 10,210) / Signature collection AED 75,000 (equivalent to USD 20,418). Plus the 4% from the purchase price and AED 1,040 (equivalent to USD 283) of the Oqood land registration fee
  • 1st instalment upon exchange of the SPA which is 20 working days after from the reservation (less the reservation deposit)
  • Then there are (4) 20% instalments remaining to be made which are all in line with the development of the project.

Starting Price: AED 7,650,000 (equivalent to USD 2,082,709)

For the latest updates or further details regarding the above project, please feel free to contact investint@hk.knightfrank.com or (852) 2846 7418.

Our sales representatives for overseas property work exclusively in relation to properties outside Hong Kong and, unless expressly stated otherwise, are not licensed under the Estate Agents Ordinance to deal with Hong Kong properties.

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