Palm View

A 48-storey AVANI+ aparthotel tower in Dubai Media City: 264 units, handed over in 2021, designed by Aecom. Views of the Palm and the Marina are the reason to buy here.

What the property is

Palm View is an aparthotel tower under the AVANI+ brand in Dubai Media City. The factsheet lists 48 storeys, 264 units and a high-rise hotel typology, developer Al Fahim, architecture by Aecom, handed over in 2021; a pool is the confirmed amenity.

An aparthotel is a format that sits between housing and a hotel on the Dubai market. The unit is bought outright, serviced by a hotel operator and let out through that same operator. For an owner, that means a ready-made rental mechanism, but also dependence on the terms of the operator's contract.

Our own footage shows completed apartments — the lobby, kitchens, bedrooms, living rooms — plus the views from the tower over Palm Jumeirah and Dubai Marina. It was shot in the finished building, so it shows the actual finish level, not a render.

The aparthotel economics

Income here is driven not by a rental rate but by occupancy and the average nightly rate, minus the operator's cut. That's fundamentally different math from a regular apartment: a higher ceiling in season and a lower floor out of it.

Before signing, get three figures: the operator's cut, the building's actual occupancy over the last full year, and the mandatory contributions for maintaining and refreshing the room stock. Without them, any yield calculation is an exercise in optimism.

Separately, the exit terms. In aparthotels the operator's contract is usually long-running, and selling the unit doesn't always mean escaping it. Check what happens to the contract when ownership changes.

On the address

Dubai Media City borders Al Sufouh and sits between the Marina and Palm Jumeirah. For a hotel format, that's a strong location: the beaches are close, the Marina and Palm West Beach are minutes away, and the district's business side supplies weekday demand that purely resort locations don't get.

In a 48-storey tower, the Palm view opens up from the upper floors. As in any high-rise, the difference between tiers sets both the purchase price and the nightly rate.

The correct comparison isn't with Marina apartments but with the city's other aparthotels: they share the same economics, the same season and the same pool of buyers.

propsearch's factsheet (storeys, number of units, developer, architect, district, completion year, amenities) and our own footage of the completed apartments and the views from the tower.