Palma

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Palm Jumeirah, Jumeirah, Dubai

  • Ready To Move-In
For Sale (1 Units)  From AED4,460,000
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Palma

(Write Review)
Palm Jumeirah, Jumeirah, Dubai
Ready To Move-In
For Sale (1 Units) From AED4,460,000

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Palma in Palm Jumeirah, Dubai

Palma is a house and villa project located in Palm Jumeirah, Dubai It has 0 units

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United Arab Emirates

Palm Jumeirah

Neighborhood Overview


Surrounding area

Palma is located 3750 from Allday Minimart Manhal and it can be reached within 6 mins by car.

There are many other shops situated in the area of Palma, the 3 closest being:
- Nakheel Mall is 2.5 km away (an approx. drive of 4 mins.)
- ISLAND ISLAND is 2.3 km away (an approx. drive of 3 mins.)
- Nano M CLINIC is 320 m away (about 4 mins. by foot)

The surrounding area, where Palma is situated, offers a wide variety of restaurants. See the closest of them below:
- Seven Barrels is 50 m away (a walk of about 1 min.)
- Blow Fish is 50 m away (a walk of about 1 min.)
- Khyber is 180 m away (a walk of about 2 mins.)

Live Young Sports Medicine Center Clinic is the nearest health facility, which is 300 m away (you can walk there in 4 mins.) from the project, while the closest schools in the proximity of Palma are:
- Asya's Nursery is 2.7 km away (an approx. drive of 5 mins.)
- Redwood Montessori Nursery is 440 m away (about 5 mins. by foot)
- Dtalent Casting Simplified App is 2.6 km away (an approx. drive of 5 mins.)

Dubai International Airport is located 40.3 km from Palma and it takes about 34 mins. by car or taxi (depending on the traffic) to get there.

Frequently asked questions

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

In Thailand non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years and most developers will offer 3 terms for a total of 90 years.

 

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After you have found the right property you have to follow these steps:

  • Agreement of terms and conditions

  • Reservation Agreement

  • Reservation Deposit 

  • Sales and Purchase Agreement

  • Settlement & Transfer 

  •  

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    A 30 year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years.  

    Prior to purchasing a leasehold property it is important to secure a copy of the lease agreement or get further clarity on these three points.

    #1 - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual. 

    #2 - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

    #3 - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

     

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    Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

     

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