One Crescent residential development in Dubai
One Crescent, a new development in Dubai, is an elite residential complex that will be located in the prestigious community of the Palm Jumeirah, offering a wide range of amenities. The nine-story building comprises 25 residential units, including three to five-bedroom penthouses, five-bedroom sky villas, and six-bedroom sky mansions with a size range of 353-1,514 m² . Currently, the project is at the implementation stage, managed by AHS Properties, a relatively young but highly successful developer. According to the master plan, the project is due in the first half of 2025.
Real estate on Palm Jumeirah, Dubai, UAE
The Palm Jumeirah, an artificial island, attracts investors and buyers with its diverse real estate offerings, mainly consisting of apartments, villas, townhouses, and hotels.
All residential complexes are located on the ‘trunk’ portion of the island, while the ‘fronds’ are filled with villas. At the top of the Palm Jumeirah lies the luxurious resort of Atlantis, the Palm, surrounded by hotels, i.e., Anantara The Palm, Waldorf Astoria, and Jumeirah Zabeel Saray.
Here is the basic information about residential real estate on the island:
- Apartments. They range from studios to six-bedroom apartments. Areas start at 34 m² and go up to 1,514 m². Most of them have spacious living rooms, bathrooms adjacent to the bedrooms and built-in closets. Some apartments have balconies or terraces as well as laundry and staff rooms.
- Villas. Buyers can choose among houses in configurations ranging from two- to ten-bedrooms. Their area ranges from 371 to 3,251 m². The objects of this type of property vary in style and layout. The island has both traditional Arabic style villas and ultra-modern high-tech homes.
- Townhouses. The collection of townhouses on the Palm Jumeirah is limited. But each one of them, having a unique layout, is equipped with a number of amenities, and features a stylish design. However, the main advantage of most of them is direct access to the beach.
The sale of real estate in One Crescent
The cost of elite housing in One Crescent starts from AED 4.08 million ($1.11 million) for three-bedroom apartments. Four- and five-bedroom penthouses start from AED 6.12 million ($1.66 million) and AED 8.85 million ($2.4 million) respectively. The most expensive properties in the complex are the five-bedroom Sky Villas, priced at AED 32.5 million ($8.84 million) and the Sky Mansions, with the price of AED 55 million ($14.97 million). It is important to note that the developer, AHS Properties, reserves the right to adjust prices which will be increased as the complex approaches completion. For current pricing, please refer to the catalog on our website.
The developer offers an attractive payment plan of 60/40, where a 5% down payment is required upon booking and a 15% down payment is required upon signing the sales agreement. The remaining 40% is to be covered during construction and the final 40% is paid after the One Crescent apartments are handed over for use.
