Magnolia by Palladium Prime Real Estate Development at Dubai Internet City, Dubai

Palladium Prime Real Estate Development | Dubai Internet City

A Blossom in Bronze: Serviced Living from AED 1.25 Million

Magnolia by Palladium Prime Real Estate Development is a boutique collection of freehold serviced residences rising in Al Sufouh, at the gateway to Dubai Knowledge Park within Dubai Internet City. Presented by the developer as the only residential apartment opportunity at this gateway, the project brings hotel-style living to one of the most established business and education districts in Dubai.

The architecture takes its cue from the magnolia flower. Curved floor plates are wrapped in branching, bronze-toned supports, softening the building’s profile against the corporate towers around it, while interiors are planned in warm, hotel-style tones with efficient, space-conscious layouts. The collection is weighted towards compact homes: studios form the majority, complemented by one and two bedroom residences.

Expressions of interest are being registered ahead of the public launch, which the developer has indicated for the end of October 2026, with handover scheduled for Q3 2028. Every residence is professionally managed, with tenant sourcing, leasing, maintenance and hospitality operations handled for owners who prefer a hands-off investment.

Project Highlights

Boutique Scale at the Gateway to Knowledge Park

Residences

Compact Homes, Finished to a Hotel Standard

Magnolia is planned as a serviced residence building, and the homes are sized and specified accordingly. Layouts favour efficient open plans, floor-to-ceiling glazing, built-in wardrobes and fitted kitchenettes, with soft curved joinery details that echo the petal forms of the façade. Selected homes include private balconies, and noise-control glazing is specified to keep interiors calm above the surrounding business district.

The developer’s September 2026 price list sets out ten layout codes across six residential floors, at 20 homes per floor. Studios account for 90 of the homes, one bedroom residences for 12 and two bedroom residences for 18. The smallest studio layout measures 303 sq ft (28 sqm) and the smallest one bedroom layout 490 sq ft (46 sqm), while the developer’s published average sizes are 348 sq ft for a studio, 738 sq ft for a one bedroom home and 1,308 sq ft for a two bedroom home. A per-unit price list has not yet been published, so buyers should confirm the exact area and price of a specific residence at reservation.

Amenities and Lifestyle

A Rooftop Made for Slow Evenings

The amenity programme is concentrated on the rooftop, where the developer plans a mixed swimming pool, a separate ladies-only pool and an open-air cinema, alongside a fitness centre and a games area with darts and bowling. At ground level, a high-ceiling reception lobby and guest lounge anchor the serviced model, supported by concierge services, co-working areas, housekeeping and laundry, so residents and tenants are looked after in the manner of a well-run hotel.

Location and Connectivity

Between the Lecture Hall and the Boardroom

Magnolia stands in Al Sufouh 2, on the Dubai Internet City side of the boundary with Dubai Knowledge Park. Five universities sit within walking distance, among them Middlesex University Dubai, the University of Wollongong in Dubai, Heriot-Watt University Dubai and Murdoch University Dubai, while the surrounding office towers host regional headquarters for global technology firms. Dubai Internet City counts around 4,000 businesses and more than 31,000 technology professionals, giving the building two natural tenant audiences on its doorstep.

Dubai Internet City Metro Station is a few minutes away on Sheikh Zayed Road, and the beaches of Al Sufouh and Jumeirah, Dubai Marina and the Palm Jumeirah are all within a short drive, placing work, study and leisure within the same small radius.

Floor Plan

Ten Layouts, Twenty Homes to a Floor

Typical floors at Magnolia carry 20 residences in ten layout codes, from compact studios to the largest two bedroom homes. Studios run from 303 sq ft (28 sqm) with an average of 348 sq ft (32 sqm); one bedroom homes run from 490 sq ft (46 sqm) with an average of 738 sq ft (69 sqm); and two bedroom homes average 1,308 sq ft (122 sqm) on the developer’s price list. The developer has not stated whether the published areas are measured on a suite-only basis or include balconies, which is a material point on homes with wrap-around terraces.

Detailed floor plans for individual residences have not yet been released publicly. Buyers should request the per-unit price list, including the area of each home and the definition used to measure it, before reserving a specific residence.

Master Plan

One Small Building with a Singular Silhouette

Magnolia is a single low-rise building rather than a master-planned community, and its identity rests on its architecture. Curved floor plates step gently as they rise, held within branching bronze supports that the developer describes as inspired by the magnolia flower, with planted terraces softening the edges of each level. The result is a calm, organic form in a district of glass office towers.

Within the building, the plan follows the serviced residence model: a staffed reception and lounge at ground level, residences across the upper floors and the leisure programme gathered on the rooftop. The developer’s website describes the building as G+5, while its presentation documents describe a basement plus ground and six residential floors; buyers may wish to confirm the approved configuration with the developer. A basement parking level and secure parking access form part of the planned facilities.

Pricing and Payment Plan

Half Before Handover, Half on the Day

Palladium markets Magnolia from AED 1.25 million on its official website. The developer’s current published payment plan, set out in its September 2026 client presentation, is a 50/50 structure: half of the price is paid in stages up to handover and half on completion, with the 4 percent Dubai Land Department registration fee payable at booking in addition to the first instalment.

Some portal listings still show an earlier 60/40 structure for this project, and the developer’s own price list publishes average prices by type rather than a per-unit list. The schedule that applies to a named residence is issued by the developer at reservation, and buyers should obtain it in writing, together with the full cost of buying, before committing.

Investment Perspective

Freehold Scarcity in a Leasehold District

The central fact of the Magnolia proposition is scarcity. Dubai Internet City is an established free zone of offices and campuses where residential supply is limited and, on the developer’s own market snapshot, only two to three of the district’s residential buildings are freehold, among roughly 420 freehold properties against more than 2,000 leasehold ones. A new freehold building in such a district addresses demand that has few alternatives.

Demand is also dual-stream. Technology professionals working across the district’s 4,000 businesses and students and faculty at the five nearby universities both rent compact, well-serviced homes, and the building’s professional management, covering tenant sourcing, leasing, maintenance and hospitality operations, is designed to serve short to mid-term corporate and academic lets as well as longer tenancies. Larger two bedroom homes, reported up to AED 2.7 million, also cross the AED 2 million threshold relevant to the UAE Golden Visa, subject to the prevailing rules.

Investors should nevertheless proceed on verified numbers: request the per-unit price list, the service charge and the management terms, and note that the operator of the serviced residences has not yet been named. Rental yields and capital growth are not guaranteed, and the suitability of the project depends on the price paid for the specific residence chosen.

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