SLS Residences The Palm

113 residences on the southern side of the Palm Jumeirah crescent under the SLS hotel brand, part of the Accor family. Developer Roya, architecture by Morganati.

What kind of building this is

SLS Residences The Palm stands on the southern part of the crescent — the side that faces the city and the Palm itself rather than the open sea. The property profile lists 113 residences, developer Roya Lifestyle Development and architects Morganati; confirmed amenities are a pool and a private beach.

The SLS brand belongs to the Accor group, and within its portfolio it stands for a format best described as "a hotel with character": designer interiors, a signature chef, boutique fitness with personal trainers, a personal stylist for residents. The project's interiors were described at launch as "beach baroque" — a marketing term, but it tells you there will be no neutral minimalism here.

The unit mix announced: two- and three-bedroom apartments from 150 m², three- and four-bedroom duplexes from 390 m², penthouses from 626 m². The common areas mentioned included a cigar lounge, a cinema, a library and a bar — a mix typical of a hundred-unit clubhouse rather than a thousand-unit tower.

The freeze episode you should know about

The project went through a presale launch in the first half of 2024 and was then frozen over a corporate dispute. The dispute was resolved that same autumn and sales resumed — but not at full volume: about 26 remaining units came onto the open market.

This matters more than it sounds. A building with only a quarter of its 113 units left at public launch sells in scarcity mode: the seller sets the price, there is almost no negotiation, and floor and view choice is whatever has not already been taken.

The payment plan at launch was quoted as 60/40, with handover in Q1–Q2 2026. The autumn-2024 price benchmark was from $16,000 per square metre.

How to assess it

At launch the project was described as one of the few on the Palm that still had room for price growth, with an expected uplift of around 20% by completion. Read expectations like that as the selling side's forecast, not fact — but the logic behind them holds up: an entry price of around $16,000 per square metre on the crescent is noticeably below neighbours with louder brand names.

That claim needs checking against two register figures: how many transactions have been recorded in the project since the relaunch, and at what prices resale assignments are trading. A 113-unit building generates too few deals to have a stable market price of its own, and any valuation here rests on its neighbours.

Separately, watch the timeline. Q1–Q2 2026 was quoted before the freeze; for a project with a corporate-dispute pause in its history, dates from a presentation need checking against the actual unit contract.

propsearch property profile (unit count, developer, architect, stage, area, amenities) and public project materials: the announcement of 3 September 2024 — unit mix, sizes, payment plan and completion date; an analysis dated 22 September 2024 — the freeze and relaunch history, remaining supply volume, price-per-square-metre benchmark.