W Capital sold an entire floor in Palace Residences for AED 21.5mln


W Capital sold an entire floor in Palace Residences for AED 21.5mln

Dubai, United Arab Emirates: W Capital, the Dubai-based real estate brokerage announced selling an entire floor in the "Palace Residences Tower North" project, which is being developed by Emaar Properties in the Dubai Creek area.

"We managed once more in selling an entire residential floor in one of the distinguished residential projects in Dubai, which is the Palace Residences Tower North, being developed by Emaar Properties," said Waleed Al Zarooni, "W Capital" CEO.

Al Zarooni stated that the number of apartments per floor reaches 10 apartments, ranging from one-room , two-room, or three-room apartments, with total floor area of about 10,170 square feet.

The CEO noted that the "Palace Residence - North" was launched in the first quarter of this year. As a new addition to the Dubai Creek Harbor area, it is scheduled for completion in the second quarter of 2027.

“This project comprises of 335 branded units, including 1 to 3-bedroom apartments, and 3-bedroom, two-storey canal-facing townhouses, with sophisticated interiors,” he added.

The project units design include a laundry room, a large wardrobe, and one or more balconies, with a stunning view of the waterfront. The townhouses and 3-bedroom apartments will also have a maid’s room to provide the utmost comfort to homeowners.