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Magnolia, Dubai Internet City: photos

Off-planKeys Sep 2028

Magnolia

New homes in Dubai Internet City, by Palladium Prime Real Estate Development

New homes in Magnolia start at AED 1,250,000; keys are due Sep 2028; you pay 10% to book, 50% while it is built and 40% at the keys.

Keys
Sep 2028
The developer's handover date
Payment plan
10 / 50 / 40
10% to book, 50% while it is built, 40% at the keys
Bedrooms
Studio to 1 bed
Sizes
303 to 490 sq ft
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department

Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.

Dubai Land Department register

From price per sq ft
AED 4,125 per sq ft
At the smallest size listed

We couldn't match this project to the Dubai Land Department project register yet. Ask us for its RERA project number.

Paying for it

You pay 10% when you book, 50% as the building goes up, and 40% when you get the keys.

WhenStageShareAmount
NowBooking10%AED 125,000
Feb 2027While it is built7.1%AED 89,286
May 2027While it is built7.1%AED 89,286
Jul 2027While it is built7.1%AED 89,286
Oct 2027While it is built7.1%AED 89,286
Jan 2028While it is built7.1%AED 89,286
Apr 2028While it is built7.1%AED 89,286
Jun 2028While it is built7.1%AED 89,286
Sep 2028Keys40%AED 500,000
By Oct 2027 you will have paid AED 482,143, 38.6% of the price.Still to pay: AED 767,857.
Booking payment, 10%
AED 125,000
Dubai Land Department fee (Oqood), 4%
AED 50,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 175,000
  • The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
  • Your payments go into the project's escrow account, which RERA watches, not straight to the developer.

Before you buy

Pay into the project's escrow account only.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. Ask Palladium Prime Real Estate Development for the estimate.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.

What similar homes sold for

The median price of off-plan homes with the same number of bedrooms that sold in Dubai Internet City in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.

TypeOff-plan medianSalesAgainst similar sales
Studio apartmentFrom AED 1,250,000 hereOff-plan medianToo few sales for a medianSales0Can't check this price
1-bed apartmentOff-plan medianAED 3,435,000AED 3,387 per sq ftSales35

Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.

Rent and yield

Gross yield is a year's rent before costs, as a share of the price.

Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.

On your doorstep

  • Palm Jumeirah Tram Stop750 m, 12 min walkTram stop
  • Al Sufouh2.2 km, 11 min driveBeach
  • Marina Walk2.1 km, 9 min driveWaterfront
  • ICCA Dubai550 m, 10 min walkSchool
  • Regent International School1.5 km, 7 min driveBritish school
  • GEMS Wellington International School2.6 km, 9 min driveIB school
  • JSS International School5.8 km, 14 min driveIndian school
  • Palm Jumeirah Mall3.1 km, 6 min driveMall
  • Welcare Hospital450 m, 8 min walkHospital
  • Dubai Internet City450 m, 7 min walkOffices
  • Emirates Golf Club1.4 km, 3 min driveGolf
  • Emaar Business Park550 m, 9 min walkPark

Straight-line distance; minutes by road or on foot from OpenStreetMap routing, or estimated where the route is unknown. Places © OpenStreetMap contributors. Stations from the Roads and Transport Authority. School curricula from KHDA.

About Magnolia

Magnolia is a Palladium Prime Real Estate Development project in Dubai Internet City with studios and one-bedroom apartments from AED 1,250,000, and a listed handover of September 2028. The listing does not state the ownership type, so confirm the ownership terms with the developer before you pay anything.

Settle two points first. The listing does not state the ownership type, so confirm the ownership terms with the developer in writing. The listed handover is September 2028, about 22 months from now, so ask how far construction has got before you book.

The plan is 10% on booking, 50% during construction and 40% at handover. At the from price that is AED 125,000 to book, AED 625,000 during the build and AED 500,000 at handover. Separately, the 4% DLD fee comes to AED 50,000; ask when it is due. The plan gives no dates for the construction payments, so ask for them.

Studios are about 303 sq ft and one-bedroom apartments about 490 sq ft. Kitchens are fully equipped. The developer mentions furnishing, so ask whether furniture is included in the price. Shared facilities include a gym, a shared pool, a children's pool and play area, and covered parking.

Palm Jumeirah Tram Stop is about 750 m away and a medical centre about 360 m. Regent International School is about 1.5 km away. Emirates Golf Club is about 1.4 km away, Marina Walk about 2.1 km and Al Sufouh beach about 2.2 km, 3 to 11 minutes by car by our estimate. GEMS Wellington International School is about 2.6 km away.

The developer

Palladium Prime Real Estate Development

See every project by Palladium Prime Real Estate Development

Other projects by Palladium Prime Real Estate Development

Floor plans

The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.

  • Studio
  • 1 BR

Magnolia: floor plans

How prices moved

Median price of off-plan apartments in Dubai Internet City, over the 12 months to each dateUp 6% from Dec 2024 to Sep 2026.

Dec 2024AED 3,156 per sq ft

Sep 2026AED 3,342 per sq ft

Show as table
12 months toMedian priceSales
Sep 2026AED 3,342 per sq ft124 sales
Jun 2026AED 3,384 per sq ft140 sales
Mar 2026AED 3,355 per sq ft159 sales
Dec 2025AED 3,202 per sq ft214 sales
Sep 2025AED 3,162 per sq ft190 sales
Jun 2025AED 3,097 per sq ft208 sales
Mar 2025AED 3,041 per sq ft218 sales
Dec 2024AED 3,156 per sq ft382 sales

Off-plan sales registered with the Dubai Land Department.

Questions about this project

Can foreigners buy here?

The listing does not state the ownership type, so confirm the ownership terms with the developer before you book.

When is handover?

The listed handover is September 2028, about 22 months away. Ask for a construction update before you pay.

What does the payment plan cost in dirhams?

At the from price, AED 125,000 on booking (10%), AED 625,000 during construction (50%) and AED 500,000 at handover (40%). Separately, the 4% DLD fee comes to AED 50,000; ask when it is due.

How big are the apartments?

Studios are about 303 sq ft and one-bedroom homes about 490 sq ft.

What can residents use?

A gym, a shared pool, a kids' pool and play area, and covered parking.

Is there a metro or tram nearby?

Palm Jumeirah Tram Stop is about 750 m away.

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