Magnolia Apartments Hotel at Dubai Internet City by Palladium Development

Magnolia Apartments Hotel at Dubai Internet City is an off-plan G+5 building by Palladium Development with 124 residences across studio, 1 bedroom and 2 bedroom apartments. The developer positions it as a hotel apartment building, with a rooftop swimming pool and modern gym and a restaurant on the ground floor. Handover is expected in Q3 2028.

Magnolia Apartments Hotel is located in Dubai Internet City, with direct access to Sheikh Zayed Road (E11). The developer lists the Dubai Internet City Metro station at 4 minutes and Al Khail Metro Station at 9 minutes, with Dubai Marina and The Palm Monorail each 10 minutes away.

Three apartment types are offered: Studio Apartments of about 308 sq ft (29 sq m), 1 Bedroom Apartments of about 680 sq ft (63 sq m) and 2 Bedroom Apartments of about 1,260 sq ft (117 sq m). Sizes are approximate, so the floor plan of the specific unit is the reference before booking.

Prices start from AED 1.25M ≈ USD 340K for a studio. 1 Bedroom Apartments start from AED 1.90M ≈ USD 518K and 2 Bedroom Apartments from AED 2.70M ≈ USD 735K. Developer pricing can be revised between releases, so the current price list governs any reservation.

The plan currently published is 10% on booking plus the 4% DLD registration fee, 50% during construction and 40% on handover, so 60% of the price is paid before handover. The exact instalment dates are set out in the Sales and Purchase Agreement (SPA), which is the binding version of the schedule.

Handover is expected in Q3 2028. Under the published plan, the final 40% of the price falls due on handover, which is also the point at which a completed apartment can be assessed for standard UAE mortgage products.

The developer's brochure lists a rooftop swimming pool with a lounge deck, a modern gym on the rooftop, a restaurant on the ground floor, and a hotel lobby and reception.

Yes, Magnolia Apartments Hotel is a freehold property, open to all nationalities.

The 10-year UAE Golden Visa through property requires an investment of at least AED 2M ≈ USD 545K. At Magnolia Apartments Hotel, the 2 Bedroom Apartments from AED 2.70M are above that threshold, while the Studio and 1 Bedroom prices are below it. The Magnolia Apartments Hotel Golden Visa guide covers eligibility in detail.

Yes. The full process, from reservation to SPA signing and registration, can be completed remotely, and I manage it end to end with the developer on your behalf. Each stage of a remote purchase is documented in my Dubai real estate guide library.

For off-plan projects in Dubai, buyer payments are made into a dedicated project escrow account and released to the developer against construction progress, a framework regulated by the Dubai Land Department. This page was built without a DLD register reading for Magnolia Apartments Hotel, so buyers should verify the project on Dubai REST before making any payment.

The main additional cost is the 4% DLD registration fee, which is paid at booking alongside the 10% first instalment under the published plan. Any further administrative charges are stated in the SPA, so review that document before the first transfer.