About Palm Beach Towers -1
Palm Beach Towers -1 is a residential and commercial tower by Nakheel, in Palm Jumeirah, Dubai. It rises 53 storeys (1 basement level, a ground floor, 15 podium levels and 37 floors), built as a concrete structure with internal and external finishes. The project comprises 284 homes across 2 buildings.
Key information
Developer
Nakheel
- Expected handover
- Q4 2026
- Status
- Under construction
- Location
- Palm Jumeirah, Dubai
- Master project
- Palm Jumeirah
- Construction started
- 2022
- Number of buildings
- 2
- Number of units
- 284
- Registered with DLD
- 22 Jun 2022
- Escrow bank
- Mashreq Bank
- Escrow account no.
- 019000071402
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2022
- Under construction83% complete
- Expected handoverQ4 2026
Construction progress
106 inspection photos from the Dubai Land Department. Latest 12 Aug 2026 at 83% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
5 Elevators
54 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
365
Median price
AED 4.6M
Median price / sqft
AED 3K+2%
Off-plan share
100%
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 1 Bed | 117 | 937 sqft | AED 2.9M | AED 3K |
| 2 Bed | 140 | 1,541 sqft | AED 4.8M | AED 3K |
| 3 Bed | 91 | 2,329 sqft | AED 8.6M | AED 4K |
| 4 Bed | 17 | 3,539 sqft | AED 14.6M | AED 4K |
Price per sqft by year
+2% since 2022AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 04 Sept 2026 | Off-plan | 988 sqft | AED 2.9M | AED 3K |
| 04 Jun 2026 | Off-plan | 1,468 sqft | AED 5.9M | AED 4K |
| 20 May 2026 | Off-plan | 956 sqft | AED 3.5M | AED 4K |
| 28 Apr 2026 | Off-plan | 1,590 sqft | AED 4.6M | AED 3K |
| 19 Feb 2026 | Off-plan | 1,431 sqft | AED 5.1M | AED 4K |
| 19 Feb 2026 | Off-plan | 956 sqft | AED 3.4M | AED 4K |
| 19 Feb 2026 | Off-plan | 1,419 sqft | AED 5.1M | AED 4K |
| 04 Feb 2026 | Off-plan | 1,524 sqft | AED 4.9M | AED 3K |
Unit mix
285 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Commercial | 7 | - |
| 1 B/R | 91 | 774 - 988 sqft |
| 2 B/R | 103 | 1,365 - 1,944 sqft |
| 3 B/R | 71 | 1,847 - 3,192 sqft |
| 4 B/R | 13 | 3,464 - 3,890 sqft |
Payment plan
Payment plans are set by Nakheel and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Palm Jumeirah, Dubai.
Palm Beach Towers -1
Dubai, United Arab Emirates
Frequently asked questions
Palm Beach Towers -1 has a planned handover of Q4 2026, and the latest DLD inspection puts construction at 83% complete.
