The 8 Residential Apartments

P1 — Delivered Ready Secondary
Developer IFA Hotel & Resorts
Community Palm Jumeirah
Property type Apartment
Data updated Mar 27, 2026

The 8 Residential Apartments is a Delivered development by IFA Hotel & Resorts in Palm Jumeirah. 298 units across 2 Bedroom (54%), 1 Bedroom (25%), 3 Bedroom (17%). Over the trailing 12 months, 485 sales at a median of AED 5,098,500.

Key Metrics
Median Price
Value
AED 5,098,500
Change
6.2% YoY
Transactions
Value
485
Change
49 in period
Price / sqft
Value
AED 4,092
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 5,098,500
↑ 6.2% YoY
Transactions
485
↑ 49 in period
Price / sqft
AED 4,092
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
25.3%
Holding Period
Value
2.2 yrs
Liquidity
Value
16.3%
Price Dispersion
Value
24.5%
Ready Market Mix
Value
0.0%
Rental Activity
Value
21.3%
Capital Return
25.3%
Holding Period
2.2 yrs
Liquidity
16.3%
Price Dispersion
24.5%
Ready Market Mix
0.0%
Rental Activity
21.3%

Rental Performance

Rental Volume
Value
594
Avg Annual Rent
Value
AED 208,637
New Leases
Value
70.5%
Renewals
Value
29.5%
Rental Volume
594
Avg Annual Rent
AED 208,637
New Leases
70.5%
Renewals
29.5%

Unit Mix

By bedroom type
1 Bedroom 75 units · 25%
2 Bedroom 160 units · 54%
3 Bedroom 51 units · 17%
4 Bedroom 12 units · 4%

Transaction Breakdown

All time — 485 transactions
Off-Plan Primary
142
Off-Plan Secondary
5
Ready Primary
149
Ready Secondary
189

Price History

Median Price — The 8 Residential Apartments

Median prices in The 8 Residential Apartments have softened, declining 15% to AED 3.1M over the past 11 months.

Recent Transactions

Showing last 10 of 485
Date Type Price (AED) Size (sqft) AED/sqft
Mar 27, 2026 RP Secondary 2,950,000 1,240 2,377
Mar 11, 2026 RP Secondary 3,300,000 920 3,584
Feb 27, 2026 RP Secondary 6,800,000 1,693 4,016
Feb 27, 2026 RP Secondary 5,700,000 1,334 4,270
Feb 25, 2026 RP Secondary 3,296,000 855 3,853
Feb 24, 2026 RP Secondary 3,244,500 845 3,838
Feb 16, 2026 RP Secondary 6,662,040 1,379 4,830
Feb 11, 2026 RP Secondary 5,201,500 1,228 4,233
Feb 05, 2026 RP Secondary 6,350,000 1,703 3,727
Jan 30, 2026 RP Secondary 8,085,500 1,605 5,034

This project is in Palm Jumeirah

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