Magnolia by Palladium is a new residential development at Dubai Internet City. This property in Dubai features a simple and modern design: a neat façade with smooth lines, panoramic glazing, balconies and terraces. Inside this property at Dubai Internet City, there are bright interiors in neutral tones with wood elements and soft lighting.
Magnolia by Palladium offers studios and one-bedroom apartments. Studios start at 303 sqft (28 m²), and one-bedroom apartments start at 490 sqft (46 m²).The layouts of the properties at Magnolia by Palladium are open plan: the kitchen is combined with the living room and a small dining area, and there is enough space for one person or a couple to live comfortably. This type of property in Dubai is convenient for both personal use and rental.
Residents of apartments at Magnolia by Palladium have access to a whole range of amenities. There will be a swimming pool and lounge on the roof where you can relax, sunbathe or work on your laptop. A separate block houses a modern fitness centre and sauna. For those who work remotely, there are co-working spaces. For families with children, there is a playground, and for evening entertainment, there is an open-air cinema. Retail shops and everyday services are planned for the lower levels of the building.
The developer offers a convenient interest-free payment plan on a 60/40 basis with a 10% down payment for buying apartments at Magnolia by Palladium. This means that 10% is paid upon booking, 50% during construction, and the remaining 40% upon completion. Completion of construction of the apartments at Magnolia by Palladium is scheduled for Q3 2028.
Studios & 1-Bedroom
Apartments for Sale
at Dubai Internet City
Magnolia by Palladium at Dubai Internet City is a small residential development with contemporary design, studios and apartments. A rooftop swimming pool, fitness centre, co-working space and shops downstairs create a convenient urban lifestyle.
60/40
Payment Plan
Q3 2028
Handover
AED 1,250,000
Starting Price
Magnolia by Palladium at Dubai Internet City
Location in Dubai
Developer
Property Type
Available Units
Total Areas
Payment Plan
Completion
Photo Gallery
Renders may look slightly different than real life photos
Renders may look slightly different than real life photos
Floor Plans of Magnolia by Palladium
Studio
1-Bedroom
Studio Apartment
FROM AED 1,250,000 ($340,400)
Total Area: 303 sqft (28 m²)
1-Bedroom Apartment
FROM AED 1,710,000 ($465,600)
Total Area: 490 sqft (46 m²)
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60/40 Payment Plan
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60/40 Payment Plan
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Property Location
is Dubai Internet City
Dubai Internet City is an area along Sheikh Zayed Road, between Dubai Marina, Palm Jumeirah and Al Barsha, near the Dubai Internet City metro station on the red line. It is home to one of the city's main technology clusters and a free economic zone where major international companies such as Google, Microsoft, Oracle, IBM and many start-ups operate. This makes the area particularly convenient for IT, media and digital marketing professionals: offices, co-working spaces, hotels and residential complexes are located very close to each other, with well-maintained boulevards, cafés and green spaces in between.
The infrastructure around Dubai Internet City has long been established. For large purchases and entertainment, residents of property at Dubai Internet City most often go to the Mall of the Emirates, which is about a 10-minute drive away. Inside the mall, there are hundreds of shops, restaurants, a cinema and the famous Ski Dubai with a ski slope and snow park for the whole family. Another popular leisure option is Dubai Marina and the JBR promenade. Dubai Marina can be reached by metro in 5-10 minutes, and the beach and The Walk promenade are about 15-20 minutes away by public transport or car. Palm Jumeirah is also very close by, with coastal hotels, beaches, restaurants, and beautiful promenades for walking.
The neighbouring Al Barsha district is home to GEMS Dubai American Academy, one of the most popular American schools. Not far away are the Dubai International Academy campuses at Emirates Hills and Al Barsha, which offer the International Baccalaureate programme. The nearest clinics are Mediclinic Al Sufouh at Dubai Knowledge Park and the large private hospital Al Zahra Hospital Dubai on Sheikh Zayed Road at Al Barsha. There are dozens of cafes and restaurants in and around the neighbourhood, from the cosy Qwerty at the Media One Hotel to familiar chain establishments offering business lunches and breakfasts.
A particular advantage of Dubai Internet City is its transport links. The neighbourhood is served by the metro station of the same name, with bus routes nearby and plenty of taxis and car sharing options. Public transport provides easy access to both the beaches and the city centre. Dubai International Airport (DXB) is usually a 20-30 minute drive along Sheikh Zayed Road or about 45-50 minutes by metro with a transfer.
Distance from Magnolia by Palladium to Key Locations in Dubai
25 MINUTES
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Why Invest in Real Estate
at Dubai Internet City?
Dubai Internet City attracts a large number of professionals from the IT, media, digital marketing and education sectors, which is why studios and apartments here are almost always in demand among tenants. Demand comes from those who work in offices in neighbouring clusters, as well as freelancers and employees of international companies coming on business trips.
The average rental yield for apartments at Dubai Internet City is usually in the range of about 6-8% per annum. For studios, this figure is often estimated at around 6.8-7.5% per annum, and for one-bedroom apartments at around 6.2-6.9% per annum. This is comparable to, and sometimes more favourable than, the average for Dubai, where residential property yields are typically in the range of approximately 5-9% per annum.
Another important advantage is high occupancy rates. Properties at Dubai Internet City, which are aimed at professionals and business clients, often show occupancy rates of 85-95% throughout the year. This reduces the risk of downtime and makes cash flow more predictable. If we add to the rental income the possible increase in the value of the property at Dubai Internet City, the total return on investment (ROI) for such properties, with competent management, can reach approximately 8-12% per annum.
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Frequently Asked Questions About
Magnolia by Palladium
Frequently Asked Questions About Magnolia by Palladium
Where in Dubai are the apartments at Magnolia by Palladium being built?
The properties at Magnolia by Palladium are being built at Dubai Internet City.
What apartments at Magnolia by Palladium are available?
The residential development offers studios and one-bedroom apartments.
The size of these properties in Dubai starts from 303 sqft (28 m²).
How much does a property at Magnolia by Palladium cost?
The starting price for these properties at Dubai Internet City is AED 1,250,000 ($340,400).
Is there an interest-free payment plan for Magnolia by Palladium?
Buyers of these apartments at Dubai Internet City can take advantage of a 60/40 interest-free payment plan with a 10% down payment.
When will construction of the property at Magnolia by Palladium be completed?
The completion date for properties at Magnolia by Palladium is Q3 2028.
What external infrastructure surrounds the Magnolia by Palladium?
Major shopping centres such as Mall of the Emirates, Dubai Marina Mall and Ibn Battuta Mall are just a few minutes' drive away. The Dubai Marina Walk and JBR and Jumeirah Beach with cafes and restaurants are also nearby. International schools, kindergartens and medical centres are available in the neighbouring areas.
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