Magnolia by Palladium

Magnolia is a single serviced-residence building in Al Sufouh 2, the location Palladium gives inside Dubai Internet City, on the edge bordering Dubai Knowledge Park. Palladium's client presentation of 20 September 2026 describes it as B+G+6 — a basement, a ground floor and six residential floors — holding 120 studios, one- and two-bedroom apartments, and gives the title as freehold with the 4% Dubai Land Department fee payable at booking; it is the only paper in our hands that states the title position. The amenities that same document lists, it labels planned: mixed and women-only rooftop pools, an open-air cinema, a gym, a darts and bowling area, and housekeeping and laundry. A ground-floor restaurant appears only in the prose of Palladium's brochure and not on the brochure's own amenity page, so it is unconfirmed; the reception lobby and guest waiting lounge are on that amenity page, and the concierge and co-working areas come from the FAQ on Palladium's project page. The presentation gives the launch as the end of October 2026, attributed there to Palladium's own launch timing rather than to a dated document, so read it as an intention rather than a date.

The façade is what sets it apart. Palladium's renders show curved floor plates wrapped in branching bronze-coloured supports, which the developer says are inspired by the magnolia flower. It does not name an architect. On Palladium's own September 2026 price-list summary the studios average 348 sq ft at AED 1,160,456, which is AED 3,334 per square foot; one-bedrooms average 738 sq ft at AED 1,851,321 (AED 2,508 per square foot) and two-bedrooms 1,308 sq ft at AED 2,645,386 (AED 2,022 per square foot). Those are averages across each type, not entry sizes or entry prices, and Palladium does not say whether the areas are suite-only or include balconies — which moves every one of those rates.

The neighbours are offices and universities. Dubai Internet City's own free-zone directory lists Google and Amazon, and Microsoft's own contact page prints a Dubai Internet City building address; the district's FAQ puts it that Microsoft, IBM and Cisco are among the many multinationals present there. Dubai Internet City said in a press release of 8 October 2025 that the district holds 4,000 businesses and more than 31,000 technology professionals. Over the Dubai Knowledge Park boundary, Middlesex University Dubai, Murdoch University Dubai, the University of Wollongong in Dubai and Heriot-Watt University Dubai each give a Dubai Knowledge Park address on their own websites. None of that tells you what a home here will let for, and we draw no rental conclusion from it.

Palladium's documents disagree with each other and with its website. Its factsheet and its client presentation say B+G+6; its brochure, dated six weeks after the factsheet, and palladium.ae both say G+5. The arithmetic favours six: the price list puts 20 units on each of floors 1 to 6, which is the 120 total three documents print, and five residential floors cannot produce it. On the unit count, those three documents say 120, the website's project page says 124 and the website's factsheet says 130. Two payment schedules are on our record, the current 50/50 of September 2026 and the older factsheet schedule of 24 July 2026. And the website still markets the building from AED 1.25 million, which sits above the studio average in the price list; an average cannot sit below a genuine floor price, so one of the two figures is out of date. We record all of this rather than pick a side. Nothing on this page is taken from a portal or a broker site.