Project general facts Raffles Residences and Penthouses at The Palm Dubai is an ultra-exclusive address that brings together the legacy of Raffles Hotels & Resorts with one of the city’s most prestigious waterfront locations. Set on Palm Jumeirah, the development presents a limited collection of grand residences, penthouses, and villas defined by expansive layouts and a stately architectural presence. The design reflects timeless elegance, combining refined proportions, panoramic terraces, and a seamless connection to the surrounding sea, creating homes that embody both privacy and grandeur. The lifestyle is elevated through a fully serviced, hotel-inspired environment where every detail is curated for effortless living. Residents benefit from the signature Raffles experience, including dedicated butler service, concierge, and an extensive range of à la carte offerings such as in-residence dining, personal chefs, spa and beauty services, private drivers, and event planning. From valet and limousine services to wellness support and childcare, the development delivers a level of service that transforms everyday living into a seamless, five-star experience tailored to individual nee
| Milestone | Share | On AED 13.5M |
|---|---|---|
| On booking, 50 payment - On booking (Raffles The Palm Dubai) | 50% | AED 6.75M |
| During construction, 25 payment - During construction (Raffles The Palm Dubai) | 25% | AED 3.38M |
| Upon Handover, 25 payment - Upon Handover (Raffles The Palm Dubai) | 25% | AED 3.38M |
| Milestone | When | Amount |
|---|---|---|
| Downpayment (50%) | On booking | AED 6,750,000 |
| During construction (25%) | ≈ AED 140,625 equivalent per month over 24 months | AED 3,375,000 |
| Handover (25%) | On completion | AED 3,375,000 |
| DLD fee (4%) | On booking | AED 540,000 |
| Admin / Oqood (est.) | On booking | AED 5,250 |

Emerald Palace Group (EPG) is part of a group of associated companies which have successfully developed and constructed residential projects since 1996. The company has completed more than 40 major projects consisting of over 10,000 housing units covering more than one million square meters and currently has eight…
Latest published inspection ratings, KHDA (Dubai) and ADEK (Abu Dhabi). Drive times approximate. Full school checker →
Raffles The Palm Dubai starts from AED 13.5M and runs to AED 600M, across 1 bedroom, 2 bedroom, 2 bedroom, 2 bedroom. Prices move with each release; the pack carries the current list.
50% on booking, 25% during construction, 25% upon handover, worked in dirhams on AED 13.5M in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 4% DLD fee on top at registration.
Emerald Palace Group lists handover for Q4 2024, with the project currently completed. The project completion checker on this site carries the RERA-inspected percentage for Dubai projects, refreshed monthly, which is the number to read against that date.
In Palm Jumeirah, Dubai: Nakheel Mall 5 km, Al Ittihad Park 6.2 km, Asya's Nursery 9.6 km. The Palm Jumeirah community guide on this site has the registered prices, rents and schools around it.
Yes, units from AED 2M qualify for the 10-year Golden Visa, including off-plan with a payment plan in progress. We handle the application as part of the purchase.
Escrow details are confirmed in the project pack, payments release to the developer only against certified construction progress.
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.