The Royal Yacht, Dubai Internet City: Apartments from AED 1.75M
The Royal Yacht is a residential apartment project by Palladium Development, located in Dubai Internet City. Construction began in January 2026, with handover targeted for September 2028. That gives an off-plan buyer a roughly two-and-a-half-year window before keys change hands.
What Dubai Internet City Actually Means
Dubai Internet City sits on Sheikh Zayed Road, between Dubai Marina and Downtown Dubai. It is one of the few districts in the city where you can genuinely walk to a metro station, reach Dubai Marina in under 10 minutes by car, and be at the airport in 25. The area was built as a tech and media hub, and that DNA shapes the resident profile: professionals, remote workers, and people who need fast access to both business districts and leisure zones without living inside the noise of Marina itself.
For an investor, Internet City has a compact, high-demand rental pool. The tenant base leans toward employed professionals, which typically translates into stable occupancy rather than short-term turnover.
AED 1,750,000 for a Compact Apartment
The project lists a single price point: AED 1,750,000. The data shows one unit type, Type A, at 353 sq ft. At that size, this is a studio or compact one-room format. The per-square-foot price works out to roughly AED 4,958. For Dubai Internet City, that reflects the location premium attached to this corridor.
The buyer here is almost certainly an investor or a single professional. A family would not be looking at 353 sq ft. The appeal is the address, the rental yield potential from a professional tenant base, and the relatively controlled entry price for a freehold unit in a sought-after tech district.
Amenities
| Category | Facilities |
|---|---|
| Wellness | Gymnasium, Shared Spa |
| Recreation | Shared Pool, Children's Pool, Children's Play Area |
| Food and Beverage | Cafe and Restaurants |
A shared spa alongside a gym and pool gives this building more wellness depth than most compact-unit projects in this price bracket. The children's pool and play area suggest Palladium Development is positioning this as a building with long-term resident appeal, not purely a short-stay investor asset. The on-site café and restaurant access reduces the friction of daily life for a professional who does not want to cook every meal.
Getting In for 10%
| Stage | Payment |
|---|---|
| Down payment | 10% |
| During construction | 50% |
| Handover | 40% |
Ten percent down is low by Dubai off-plan standards. To enter at AED 175,000 on a unit in Dubai Internet City is a meaningful accessibility point. The bulk of the cost, 50% across the construction period, spreads over roughly 32 months. The remaining 40% falls at handover in September 2028.
There is no post-handover installment plan, so the full balance clears at completion. Buyers using mortgage financing will need that arranged before the handover date. For cash buyers, this structure is clean: staged payments during construction, then done.
Keys in September 2028
Construction started in January 2026. Completion is targeted at September 2028. That is a 32-month build window, which is within normal range for a project of this type in Dubai.
For an off-plan buyer entering now, this means roughly two years and three months before the unit can be rented out or sold as a completed asset.